Posted by William Charles on October 12, 2018
Bank Account Bonuses

Published on October 12th, 2018 | by William Charles


[Expired] [IN, OH, ID, ME, UT, VT, PA] KeyBank $300 Checking Bonus

This offer has expired, view the best current checking bonuses by clicking here.

Update 10/24/18: Bonus now requires 5 debit card/bill payments as well.

Reposting as I didn’t post the correct link to start with.

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:
    • Receive a single direct deposit of $500+
    • Combination of five KeyBank debit card purchases and/or KeyBank Online Banking bill payments

The Fine Print

  • Offer available in the following markets ONLY: Central IN, Cincinnati, OH, Idaho, Maine, Utah, Vermont and Chalfont, PA.
  • You must open a Key Express Checking® Account (this is the basic banking account in NY), by November 30, 2018 and make ONE single KeyBank direct deposit of $500 or more within 60 days after account opening to get $300.
  • Normal account service charges and balance requirements apply.
  • 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.
  • Offer/Reservation number cannot be sold and is required to qualify.
  • 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.
  • Other miscellaneous charges may apply. Offer not available to individuals who have had a KeyBank checking account or a KeyBank Hassle-Free Account® in the last 12 months.
  • Accounts overdrawn or closed at the time of gift payment are not eligible. Offer is subject to cancellation without notice and cannot be combined with any other offer
  • . KeyBank is not responsible for and will not honor promotional offers that appear on third-party websites that are not authorized by KeyBank.

Avoiding Fees

Monthly Fees

The $7 monthly fee on this account is waived if you do either of the following each statement cycle:

  • Direct deposits of at least $500
  • At least 8 customer initiated transactions (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

The $400 deal we posted yesterday require a reservation number that was mailed out. I’ve seen the mail out for this offer and no reservation number was listed so it should be possible to open this without one. That means it’s publicly available. Typically these offers don’t last until the official end date, so if you’re interested we’d sign up sooner rather than later. I’ll definitely be adding this to the best checking bonus page as it’s well worth doing if you live in the targeted area.

Big thanks to reader, @TheSamOsborne who let us know. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses:

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clicked the link and recived a message “that offer has ended”


The “Link to Offer” is dead.

When I clicked on “Direct link to offer” The web page said promo has ended.


William Charles Chuck
Please fix the link.

I’m a half hour from Chalfont and get denied for out of bonus area. There’s keybanks all over near me.

Did you apply online or in branch?

Anybody know about the 12 month language on when the period begins by opening or closing date> ria

How long does it take bonus to post typically? I ACH pushed from Schwab and it posted 19th. I then checked some DP’s and noted someone said Schwab didn’t work to trigger ACH requirement sadly. I still would like to wait a minute before rerouting money through Chase if possible.

I think they changed the language in the offer since it was first posted. The offer now states that to qualify for your $300:

“Open your Key Express Checking Account by November 30, 2018.
Make ONE single direct deposit of $500 or more, plus a combination of five KeyBank debit card purchases and/or KeyBank Online Banking bill payments within 60 days of opening your account, and get $300.”

I’m pretty sure that additional requirement of debit card purchases and/or bill payments was not there when the offer first posted.

Applied for similar bonus, but mine was for $400 bonus and only requirement was a DD of $500 or more within 60 days of opening. Have to leave account open for 180 days, or will be charged $25.

Withdrew $500 from linked PayPal account, just received bonus today.

How long did that take?

I have tried Schwab and Chase push ACH now to two different accounts, no joy. It appears the naming of the transactions indicated they were transfers, not general ACH/ Desposits.

Just did PayPal yesterday.

Did PayPal transfer on 11/1 (posted as Ach, PayPay transfer). Received bonus today (11/13).

Odd, mine posted as “Paypal Transfer” 11/3. Still not triggering bonus.I tried Chase too “Jpmorgan Chase Ext Trnsfr” 10/25…. Wonder what’s different here? I didn’t even complete verification in my Paypal account, I just pushed it.

Says the code is either not valid for my area or for the selected account. Hit the apply now button from the offer page, live in Indiana.

Opened 10/23
Serve deposit 10/28
$300 bonus pending 11/13

Having a tough tine getting this bonus to post. Opened 10/16, $500 ach push from schwab 10/19, Chase 10/29, Paypal 11/3. Still nothing. Two different accounts too. Wondering if that 5 debit card transaction requirement was on the offer as of 10/16? Going to wait another day and call. Double check what needs to be done.

I opened on 10/14. Will let you know what happens. Did you find out if the debit card is required?

Just called today. CSR looked at the offer details and it does indeed look like 5 Debit card OR Bill Pays is required. I’m not sure what my options are for fulfilling requirements via Bill Pay since the service is timing out right now. Could also be because I have a zero balance though. Seems buggy either way so will try again later. In any case I had to explicitly order debit cards. Unlike other places, they never automatically sent cards. Looks like 3-5 business days to get cards for the standard shipping. Think I can still make the cutoff at this point one way or the other assuming I already fulfilled the DD with one of the three different methods(two of which others indicated would trigger the DD requirement).

FYI completed 5 debit card purchases on 12/10(did 5x 50 cent reloads to Amazon). Still waiting for bonus to post as of 12/15 but that seems to be expected. Fingers crossed.

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