KeyBank, one of the nation’s largest regional banks, is based in Cleveland, OH, and operates in a total of 15 states.

Their footprint includes Alaska, Colorado, Connecticut, Idaho, Indiana, Maine, Massachusetts, Michigan, New York, Ohio, Oregon, Pennsylvania, Utah, Vermont, and Washington.

If you currently live in a state where KeyBank operates, we’ve listed some of the best KeyBank promotions and the requirements you’ll need to complete.

If you’re not eligible for a KeyBank account, there are many other bank promotions available that you can take advantage of.

Earn Bonus Cash: Earn up to a $400 cash bonus and up to a 4.00% APY when opening a checking and savings account.

Active KeyBank Promotions

Key Smart Checking® Account – Up to $500 Cash Bonus

You can earn up to a $500 bonus when you sign up for a Key Smart checking account, make a minimum opening deposit of $10, and set up a single, eligible direct deposit within 90 days of account opening.

$300 Bonus Requirements

Before receiving your $300 checking account bonus, you’ll need to complete the following steps.

1. Open a new Key Smart Checking® account by February 6, 2026.
2. Make a minimum opening deposit of at least $10 and set up a single, eligible direct deposit of at least $2,000 within 90 days of account opening.

$500 Bonus Requirements

Before receiving your $500 checking account bonus, you’ll need to complete the following steps.

1. Open a new Key Select Checking® account by February 6, 2026.
2. Make a minimum opening deposit of at least $10 and set up a single, eligible direct deposit of at least $5,000 within 90 days of account opening.

Once you complete the requirements, your bonus should be deposited into your new account within 60 days. The account must not be closed at the time of gift payment.

Expiration: February 6, 2026

Eligible States: You can open your checking account online if you live in the following states. AK, CO, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VE, and WA

Monthly Maintenance Fee: $0

Account Features: When you open a Key Smart Checking® account, you’ll receive Early Pay. With Early Pay, you could receive your paycheck two days early when you set up eligible direct deposits.

When you’re enrolled in online and mobile banking, you’ll also have access to EasyUp®, KeyBank’s automatic savings feature. You’ll need to sign up, but each time you make a transaction with your KeyBank checking account debit card, a set amount of your choosing will be deposited into your savings account. You can choose any amount from $0.10 to $5.00. This is a great way to boost your savings or pay off debt.

KeyBank Basic Business Checking or Key Business Rewards Checking Account – $500 Bonus

Through August 21, 2026, you can earn a $500 bonus when you sign up for a new KeyBank Business Checking account and complete the following requirements.

1. Schedule an appointment with a banker and sign up for a new KeyBank Basic Business Checking or Key Business Rewards Checking Account.
2. Deposit at least $25 to open the account, then fund it with at least $5,000 within 30 days.
3. Maintain your account balance of at least $5,000 for 90 days.

Once you’ve completed the requirements, your $500 bonus will be deposited into the account within 60 days.

Expiration: August 21, 2026

Eligible states: AK, CO, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VE, and WA

Monthly Maintenance Fee:

• KeyBank Basic Business Checking: $5 monthly fee, waivable when your average ledger balance during the statement period is at least $1,000, or you have at least $10,000 in combined business banking accounts or loan products.
• Key Business Reward Checking: $25 monthly fee, waivable when your average ledger balance during the statement period is at last $7,500, or you have at least $20,000 in combind business banking account or loan products.

Boost Your Savings: Open a Valley Bank High-Yield Savings Account through Raisin and earn 3.95% APY plus up to a $1,500 bonus.

Key Select Money Market Savings® Account – up to 3.50% APY

For a limited time, you can earn up to a 3.50% APY for six months when you sign up for a Key Select Money Market Savings® account. To earn this promotional rate, you must complete the following requirements.

1. Open a NEW Key Select Money Market savings account.
2. Deposit $25,000 or more into your Key Select Money Market Savings account or other eligible accounts.
3. Maintain a balance of at least $25,000.

Expiration: Ongoing

Eligible states: AK, CO, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VE, and WA

Monthly maintenance fee: There is a $20 monthly maintenance fee. You can waive it when you have a KeyBank consumer relationship package checking account or keep a minimum daily balance of $25,000.

Who Can Open a KeyBank Checking Account?

You can only open a KeyBank checking account if you live in a state with a KeyBank branch location. You are only eligible for a KeyBank Checking bonus if you don’t currently have a KeyBank Checking account or a KeyBank Hassle-Free Account and haven’t had an open account within the past 12 months.

How Do KeyBank Promotions Compare To Other Accounts?

KeyBank has some great sign-up bonuses, but they won’t be available for everyone. Below are a few other checking account bonuses you can consider instead.