KeyBank $200 Bonus for New Checking Account

KeyBank $200 Checking Bonus

Looking to open a new checking account? KeyBank is offering an opportunity to earn a $200 bonus when you open a KeyBank checking account. Discover how you can take advantage of this promotion.

KeyBank is offering a $200 bonus for new checking accounts in several states. To earn this bonus you need to open a new account and complete a direct deposit of $500 or more.

🔃 Update: The offer has been extended once again, through March 15, 2024. 

How to Qualify for the KeyBank $200 Bonus

Qualifying for the KeyBank $200 bonus is easy. Follow these simple steps to secure your reward:

1. Open a Key Smart Checking®, Key Advantage Checking®, Key Privilege Checking® or Key Privilege Select Checking® account online.
2. Use offer code: PDSA0124 
3. Make ONE single direct deposit of at least $500 within 60 days after account opening.

There is a limit of one gift per individual & per qualifying account. The gift will be deposited within 90 days of meeting requirements and it will be reported on Form 1099-INT as usual.

Don’t check the checkbox for Relationship Rewards membership to avoid the $40 fee.

Eligibility

• Offer is available to new bank clients who have not had any type of account with KeyBank within the last 12 months. The offer is valid only in states that have Key Bank branches.
• Limit one gift per qualifying account.
• Limit one gift per individual.

Fees

• Key Smart Checking has no monthly fees.
• If you close your account within 180 days of account opening, you will be charged a $25 account early closure fee.

Guru’s Wrap-up

We have seen some restricted $300 bonuses in the past. But this $200 bonus seems to be available to everyone in the states where they have branches. This is a bonus that they offered frequently a few years ago. You need to make one direct deposit of $500 or more to get the bonus.

If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here. Bank bonuses are a great way to generate some extra income, so it is worth looking into them. You can can definitely bring a few thousands of dollars annually, and most requirements can be easily completed from home.

💡 Link & Key Details

• OFFER PAGE 
• Account Type: Key Express
• Availability: AK, CO, CT, ID, IN, KY, ME, MI, NY, OH, OR, UT, VT, & WA.
• Inquiry type: Soft pull.
• Opening Deposit Credit Card Funding: Yes, up to $100 in funding.
• Direct Deposit Requirement: $500 or more within 60 days
• Monthly Fee: $8 ( waived with $500 in deposits or eight transactions per statement cycle)
  
• Closing Account Fee: $25 if you close account within 180 days 
• Expiration Date: 04/24/20 5/14/20 9/18/20 10/23/20 09/24/21 10/29/21 1/28/22 2/25/22 3/25/22 4/22/22 7/15/22 8/12/22 3/3/23 7/21/23 10/13/23 3/15/24

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