Posted by William Charles on March 4, 2018
Bank Account Bonuses

Published on March 4th, 2018 | by William Charles

44

[NY, OH, CO, CT, ID, IN, ME, MI, PA, OR, WA, UT, VT] KeyBank $200 Checking Bonuses

Bonus is back, thanks to reader Sid for finding the working link. Keep in mind there is a $300 bonus available in some areas at the moment.

Notes:

  • Some reports of them being sensitive to too many ChexSystems inquiries
  • You’ll receive a code like this: ONAS0218-000001406 (ONAS0118 is your promo code and the second string of numbers is your reservation code). I think this is no longer required for online openings.
  • If you receive “this offer has ended” message it means your zip code isn’t eligible.

Offer at a glance

  • Maximum bonus amount: $200
  • Availability: Offer available in the following markets ONLY: All of New York state except for the greater New York City area, Columbus, Dayton and Toledo OH, Denver CO, Idaho, Indiana (Central and Northern), Maine, Michigan, Philadelphia PA, Portland OR, Utah and Vermont
  • Direct deposit required: Yes, $500+ required
  • Additional requirements: Use promotional code
  • Hard/soft pull: Soft pull
  • ChexSystems: Mixed DP, most likely does
  • Credit card funding: Up to $100
  • Monthly fees: $7 avoidable
  • Early account termination fee: $25, 180 days
  • Household limit: None
  • Expiration date: February 23rd, 2018

The Offer

Direct link to offer

  • KeyBank is offering a sign up bonus of $200 when you open a new checking account and complete the following requirements:
    • Use promotional code ONAS0218
    • Make a direct deposit of $500 or more within 60 days of account opening

 

 

The Fine Print

  • Offer is available to clients who do not have or haven’t had a KeyBank Hassle-Free Account® or a KeyBank checking account during the past 12 months.
  • All of New York state except for the greater New York City area, Akron, Canton, Cleveland OH, Columbus and Dayton, Toledo OH, Denver CO, Hartford and New Haven CT, Idaho, Indiana (Central and Northern), Maine, Michigan, Pittsburgh PA, Philadelphia PA, Portland OR, Seattle WA, South Puget Sound WA, Utah and Vermont
  • Direct deposit transactions are limited to payroll, Social Security, pension and government benefits.
  • Limit one gift per qualifying account.
  • Limit one gift per individual
  • . The value of your gift will be reported on Form 1099-INT. Your gift will be 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. Accounts overdrawn or closed at the time of gift fulfillment are not eligible for this offer. Employees of KeyBank, its affiliates, and subsidiaries are not eligible for this offer. Accounts titled as Trust Accounts, Estate, Non-Individual, and No Access are excluded from eligibility. Offer code/coupon IS REQUIRED and cannot be sold. Offer is subject to cancellation without notice and cannot be combined with any other offer.

Avoiding Fees

Key Express Checking $7 Monthly Fee

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

Early Account Termination Fee $25

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

Our Verdict

It’s best when they offer $300 for opening the key express checking account, but KeyBank is so scattered with what they offer (differing deals in different regions) and we haven’t see that deal for some time. Might be worth just going for this one if you’re eligible but YMMV. Will obviously post if we find a better deal. For now I won’t be adding this to our best checking bonus. They currently have a $300 bonus available in different areas here.

Hat tip to readers Mark O & Yet Another Redditor

Useful posts regarding bank bonuses:



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Jon
Jon

VA is Virginia, VT is Vermont. I suggest changing the title to avoid confusing people

kennedy
kennedy

I was fooled to

Michael
Michael

I thought I was going crazy. Definitely not VA.

B Laddy
B Laddy

DP:

Jul 28: Opening Deposit – $50
Aug 03: Wells Fargo Ifi Dda To Dda – $550
Aug 23: Gift From Key Bank For Recent Offer – $200 Bonus

Easy Peasy…just gotta wait a couple weeks. Thanks Doc!

SlingShot
SlingShot

DP:

Amex Serve still works as DD for Key Bank.
Coded as: Serve Enterprise Exchange Deposit.
Received $200 bonus 2 weeks after $600 Serve Transfer.

Big thanks to you Doc and all that contribute to this website!

Yet Another Redditor
Erin
Erin

Confirmed via SM today that my $500 PayPal transfer met the DD requirement.

Andrew
Andrew

You just transferred money from PayPal to your KeyBank checking account?

Erin
Erin

Correct. Showed up as “DIRECT DEPOSIT, PAYPAL TRANSFER.” I wrote to confirm the bonus code was attached to my account, and they confirmed that and also stated that I have met the requirements and should see the $200 “within 90 days.” So we’ll see.

Erin
Erin

And for the record, I didn’t ask if it worked. They just provided that information. I was only writing because I wanted to be certain the code was attached, as I had been concerned that I had a coupon code but no reservation code.

Andrew
Andrew

Did you receive the bonus?

AKSF
AKSF

Did you end up getting the bonus?

Don B
Don B

I live in an apartment building and i was able to find $400 targeted offers for the Key Express Checking Account. While they have another person’s name, they should work for anyone in the targeted area. I gave one to a friend and she received the $400 with not an issue. Key takes really takes their time posting the bonus and it may take most of the 90 day window. My wife tried to open an account with Key last fall with the $400 bonus and Key shutdown the account in 10 days. When we talked to a banker, he said that Key has been having issues with their online banking, so next time just open in a branch (Not sure if he was serious or just wanted the new account opening bonus). I plan to open my next account in person just to be safe since $100 credit card funding is not worth the hassle. I have one extra $400 dollar offer if anyone wants it, but the offer expires 2/23/18

Jeff K
Jeff K

Is the $400 offer valid for zip 46530? I will take the extra one if you have it available still. Thanks

zap
zap

Can you email me the $400 offer code, zrmsvbrr at zetmail dot com? Thanks in advance.

Revil
Revil

If you’ve still got it, I’ll gladly take it.

You can reach me at:
https://www.reddit.com/user/GeneralRevil/
or
Bring.stabity.Innovator@gmail.com (It’s the ridiculous email that I mind posting publicly so I don’t get my main email spammed).

banyue
banyue

Hi, Don, if you still have the offer, can I have it ? I am in zip 12180. Email is huanbin.li@gmail.com

Don B
Don B

Here are the details: Key Bank $400 promotion: Mention offer code RETK1117 and reservation number 458867539. Offer expires 2/23/18. If I find more, I’ll post more in reply to this thread. Please comment below if you use this offer and let me know if everything works.

Kasey
Kasey

Got denied because of Chex… bummer. ~8 new accounts within the past year

Skippy
Skippy

+1 – My first denial… feels like graduation day. 🙂

SR

Correction: Maximum bonus amount under ‘Offer at a glance’ listed as $300

Aaron
Aaron

ChexSystems sensitivity is an issue:

“We regret that we are unable to open the account you requested because of information on record with ChexSystems, Inc., a consumer reporting agency. ChexSystem did not make the decision to disapprove your account application and is unable to provide you with specific reasons why the decision was made.”

nathan
nathan

same for me.

JASON
JASON

My dad’s and my own account were closed about 10-11 months ago so we were not eligible. Mom’s registration fails for too many chex inquiries. Would have to order Chex report to see how many in the 12 months.

“quoted”
We regret that we are unable to open the account you requested because of information on record with ChexSystems, Inc., a consumer reporting agency. ChexSystem did not make the decision to disapprove your account application and is unable to provide you with specific reasons why the decision was made.
“unquoted”

Alex
Alex

Wanted to add a positive data point, although this was for a targeted mailer ($300/Key Express). Received a mailer back in November and like others was denied due to Chex systems. However, I applied in branch at a branch that was different from the one listed on the mailer (there’s some verbiage such as “visit your local branch at…”). Well, received another mailer in January and decided to give it a shot at the branch that is listed on the mailer. Surprise approval. So, if you get one of the mailers, perhaps going to the branch that’s listed might help. I don’t know.

Syd
Syd

I had a google ad for this one. When I clicked it I got this link. I’m not sure if the link can be shortened at all. I am located in

https://www.key.com/personal/promotions/checking-200-ps.jsp?ppc=1802_CMPPRM_ONAS0218_ps+Google_Secondary_GDN_Remarketing_Image

It says “Offer available in the following markets ONLY: All of New York state except for the greater New York City area, Columbus, Dayton and Toledo OH, Denver CO, Idaho, Indiana (Central and Northern), Maine, Michigan, Philadelphia PA, Portland OR, Utah and Vermont.”

Hope this helps!

Yet Another Redditor
Yet Another Redditor

William Charles Chuck

This is not a new offer/link but a summary of KeyBank offers that have been available this year.

https://docs.google.com/spreadsheets/d/1cHa6GtTdZjUuiUdx-6KtOuar4j3oocLV4bqnrP33TSM/edit?usp=sharing

I did this analysis for myself to find offers available in Philadelphia, PA and the ones not.

I also tried to decode the Offer Promo Code and found the following 4 categories

RE* – for the ones that need REservation Number
ED* – $300 ones
ON* – $200 ones
OA* – $100-$300 ones.

All of this after not getting the time to go back to Philly for the $300 one from last year in which one banker spooked us by saying we may not get the bonus.
Also, based on this logic, can I suggest that offers with the RE*, ED*, ON* and OA* offer codes be kept as separate posts?

P.S. What a way to spend of Sunday afternoon/evening… 😐

Superchurn
Superchurn

DP:
Applied 3/5/18, but got denied by ChexSystems after the first page.

39 new accounts in the last 24 months
27 new accounts in the last 12 months

I guess they finally got me 🙁

Steve F
Steve F

My wife and I were denied for ChexSystems as well. No negs, just lots of inquiries.

Adam
Adam

Applied 3/6/18, denied by ChexSystems as well.

19 accounts in the last 12 months.

Superchurn
Superchurn

same. its very sad that too many inquiries somehow means one is a bad person 🙁

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