Posted by William Charles on September 29, 2019
Bank Account Bonuses no image

Published on September 29th, 2019 | by William Charles

20

[Expired] [Targeted, AK, CO, CT, ID, IN, MA, ME, MI, NY, OH, OR, PA, UT, VT, or WA] Keybank $300 Checking Bonus

Deal has expired, view more bank account bonuses by clicking here

Update: Unfortunately this also requires a reservation code (sent out via mailer) so this is actually targeted šŸ™

Offer at a glance

The Offer

Direct link to offer

  • KeyBank is offering a bonus of $300 when you open a new eligible checking account and complete the following requirements:
    • Use offer code ESAT0919
    • Receive a single direct deposit of $500+ within 60 days of account opening

The Fine Print

  • You must open a Key Express CheckingĀ® account (this is the basic banking account in NY), Key Advantage CheckingĀ® account, Key Privilege CheckingĀ® account, or Key Privilege Select CheckingĀ® account by 11/8/19 and make ONE single KeyBank direct deposit of $500 or more within 60 days after account opening to get $300.
  • Direct deposit transactions are limited to: payroll, Social Security, pension and government benefits. Accounts titled as Trust Accounts, Estate, and No Access are excluded from eligibility. Employees of KeyBank, its affiliates and subsidiaries are not eligible for this offer.
  • You must have primary mailing address in the United States.
  • Limit one gift per qualifying account.
  • Limit one gift per individual.
  • The value of your gift will be reported on Form 1099-INT and deposited into your account within 90 days of meeting requirements.
  • If you close your account within 180 days of account opening, you will be charged a $25 account early closure fee
  • Offer not available to individuals who have had a KeyBank checking account or a KeyBank Hassle-Free AccountĀ® in the last 12 months and must be new to bank households.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Key Express Checking $7 Monthly FeeĀ 

The monthly fee on this account is waived if you do either of the following each statement cycle:

  • Deposits of at least $500 per month
  • At least 8 customer initiated transactions per month (any deposits, withdrawals, which includes transfers)

Early Account Termination Fee

If you close your account within 180 days, you are required to pay an early account closure fee of $25

KeyBank Relationship Rewards Membership Fee $30

This is optional so make sure you opt out of it.

Our Verdict

We often see this $300 deal, but it’s usually only available in a few selected areas whereas this bonus seems to be available to the whole KeyBank service area. Fingers crossed that this one will work for everybody, as typically the bonus is only $200. We will definitely be adding this to the list of the best bank account bonuses.

Hat tip to reader Daryl W

Useful posts regarding bank bonuses:



20
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
Kyle
Kyle

The last page of the application where the promotion code is entered still requires a reservation code before being able to proceed. My understanding is that these codes can only be used once and are received via mail. “Please correct the highlighted field(s) and click “Continue”. The Offer Code requires the Reservation Code. Please enter the Reservation Code to proceed.”

Dan
Dan

What does ā€œnew to bank householdsā€ mean? P2 opened an account a couple months ago for the $200 bonus

Pdub12@gmail.com
Pdub12@gmail.com

Wondering that, too. Does it mean no one in the household can currently be a KeyBank customer?

K-Man
K-Man

Have never been able to open on NYC. Anyone had success? Using a different address?

thomas
thomas

saying we need a reservation code

Kyle
Kyle

Same here

Superchurn
Superchurn

+1

YY1
YY1

Wondering if Oklahoma and Texas address can get the bonus

CHRIS
CHRIS

“and must be new to bank households.” Interesting verbage here.

Superchurn
Superchurn

Makes me log in to old online account and open the account manually , then says “This offer code requires reservation code” when I put the offer code into the application form.

Anyone know what the reservation code is for this particular offer?

Nic
Nic

This seems contradictory?

Offer not available to individuals who have had a KeyBank checking account or a KeyBank Hassle-Free AccountĀ® in the last 12 months and must be new to bank households.

Matt
Matt

Is the offer online only? Their IT system is terrible.

Peek
Peek

Well damn, guess I should have waited for the $300 dollar deal, ah well. I got the $200 one at least, easy too.

HG
HG

Northern VA – showing offer not available

CardShark
CardShark

Any data points if this works in branch, or online only? (For those who reside out of area, but work in their area?)

NH4NO3
NH4NO3

Greater Boston, MA — cannot open online.

“Sorry, we are unable to open the account you requested online at this time.
We regret that we are unable to open the account you requested online. Please visit your local KeyBank branch to apply in person.”

dizzy
dizzy

deleted

Andrew
Andrew

Nice easy bonus for me and P2.
Opened account 9/30.
$500 pushed from PayPal on 10/7.
Bonus posted 10/21.

dayTradeIt
dayTradeIt

Do you have a “reservation code”?

Back to Top ↑