KeyBank Promotions Overview
KeyBank bonuses and promotions may include checking account bonuses, savings promotions, business incentives, credit card offers, promotional rates, and relationship benefits available to qualifying Utah customers. For an overview of the institution and its banking services, visit our KeyBank profile.
This page tracks current KeyBank bonuses and promotions in one place. Offers, eligibility requirements, and expiration dates can change, so review the official KeyBank terms before opening an account or applying for an offer.
Some promotions may not be publicly advertised. Financial institutions may offer branch-only, relationship-based, preselected, or targeted promotions to certain customers. UtahFi includes offers that can be verified through public or otherwise reliable official sources, so additional promotions may be available to you directly through the institution.
Quick Summary
This summary highlights the most meaningful current KeyBank bonuses and promotions available to qualifying Utah consumers and businesses.
| Category | Current Offers |
|---|---|
| Checking Account Bonuses | Key Smart Checking: $300 welcome bonus. Key Select Checking: separate $500 welcome bonus and recurring $100 annual cash bonus. |
| Savings Account Bonuses | No public cash signup bonus found. Key Select Money Market Savings offers a six-month bonus-rate structure covered under Promotional Rates. |
| Business Account Bonuses | No public business checking signup bonus found. Key Merchant Services offers a $600 statement credit after meeting eligible processing requirements. |
| Credit Card Bonuses | No public consumer cash or points welcome bonus found. Eligible business cards offer either a $200 cash bonus or 100,000 points worth $200 after $1,000 in qualifying purchases within 60 days. |
| Promotional Rates | Six-month money-market bonus rate; 12- and 23-month promotional CDs; consumer 0% introductory APR offers for 12 or 15 billing cycles; business card 0% introductory APR offers for six billing cycles; and eligible relationship loan discounts of 0.25 to 1.00 percentage point. |
| Referral Programs | No public consumer or ordinary business customer referral bonus found. |
| Member Deals and Discounts | 25% off eligible Trust & Will estate-planning services for KeyBank clients. |
Checking Account Bonuses
KeyBank bonuses and promotions currently include two public checking welcome bonuses for qualifying new consumer checking customers in Utah, plus a separate recurring annual cash bonus for Key Select Checking.
Key Smart Checking — $300 Welcome Bonus
| Detail | Offer |
|---|---|
| Bonus | $300 |
| Product type | Consumer checking account |
| Account | Key Smart Checking® |
| How to earn it | Open a new Key Smart Checking account using offer code KDMA0526, make the $10 minimum opening deposit, and receive at least $2,000 in eligible ACH direct deposits within 90 days of account opening. |
| Required holding period | No separate holding period is listed beyond the 90-day qualification period. The account must remain open until the bonus is paid. |
| Monthly service fee | $0 |
| Potential account cost | $0 in monthly service fees during the qualification and payment periods. |
| Potential bonus after fees | Up to $300 after monthly service fees. Other account or transaction fees may still apply. |
| Fine print | Eligible direct deposits include ACH deposits such as payroll, Social Security, pension, and government benefits. Teller, ATM, and mobile deposits do not qualify. The bonus is deposited within 60 days after the requirements are met. Limit one account-opening gift per person, and the account must remain open when the bonus is paid. |
| Expiration date | December 11, 2026, at 11:59 p.m. Eastern Time |
| Availability | Online through the promotional offer for qualifying Utah residents opening an individual account, subject to account approval and geographic restrictions. Promotional offers available in KeyBank branches may differ. |
| Who qualifies | Qualifying new KeyBank consumer checking customers who were not the primary owner of a KeyBank personal checking account during the previous 12 months. KeyBank employees and employees of its affiliates and subsidiaries do not qualify. |
More official info: Key Smart Checking bonus offer
Key Select Checking — $500 Welcome Bonus
| Detail | Offer |
|---|---|
| Bonus | $500 one-time welcome bonus |
| Product type | Consumer checking account |
| Account | Key Select Checking® |
| How to earn it | Open a new Key Select Checking account using offer code KDMB0526, make the $50 minimum opening deposit, and receive at least $5,000 in eligible ACH direct deposits within 90 days of account opening. |
| Required holding period | No separate holding period is listed beyond the 90-day qualification period. The account must remain open until the bonus is paid. |
| Monthly service fee | $25 after the first three statement cycles, or $0 when the customer receives at least $3,000 in eligible direct deposits per statement cycle or maintains at least $15,000 in combined eligible KeyBank balances. |
| Potential account cost | $0 during the first three statement cycles. Afterward, each monthly service fee charged before the bonus is paid would reduce the offer value by $25. |
| Potential bonus after fees | Up to $500 before fees, approximately $475 after one $25 monthly service fee, or approximately $450 after two $25 monthly service fees. |
| Fine print | Eligible direct deposits include ACH deposits such as payroll, Social Security, pension, and government benefits. Teller, ATM, and mobile deposits do not qualify. The bonus is deposited within 60 days after the requirements are met. Limit one account-opening gift per person, and the account must remain open when the bonus is paid. |
| Expiration date | December 11, 2026, at 11:59 p.m. Eastern Time |
| Availability | Online through the promotional offer for qualifying Utah residents opening an individual account, subject to account approval and geographic restrictions. Promotional offers available in KeyBank branches may differ. |
| Who qualifies | Qualifying new KeyBank consumer checking customers who were not the primary owner of a KeyBank personal checking account during the previous 12 months. KeyBank employees and employees of its affiliates and subsidiaries do not qualify. |
More official info: Key Select Checking welcome bonus offer
Key Select Checking — $100 Annual Cash Bonus
| Detail | Offer |
|---|---|
| Bonus | $100 recurring annual cash bonus |
| Product type | Ongoing consumer checking benefit; not a signup bonus |
| Account | Key Select Checking® |
| How to earn it | Receive at least $60,000 in eligible ACH direct deposits during the 12-month evaluation period, including at least one eligible direct deposit during the final two calendar months of that period. |
| Required holding period | The evaluation period covers 12 calendar months beginning on the first day of the second full month after account opening. The account must remain open, active, and unchanged through the evaluation and bonus-payment dates. |
| Monthly service fee | $25 after the first three statement cycles, or $0 when the customer receives at least $3,000 in eligible direct deposits per statement cycle or maintains at least $15,000 in combined eligible KeyBank balances. |
| Potential account cost | $0 if every monthly fee is waived. After the introductory waiver, the fee could total up to approximately $300 over 12 charged statement cycles if no waiver requirement is met. |
| Potential bonus after fees | Up to $100 before fees. Over 12 charged statement cycles, the annual value would be approximately -$200 after $300 in monthly service fees. |
| Fine print | The $100 bonus is deposited within 30 calendar days after the evaluation period ends. Converting the account to another product forfeits progress toward the bonus. Closed or legally dormant accounts do not qualify. The bonus may be earned again during later annual evaluation periods when all requirements are met. |
| Expiration date | No published expiration date; KeyBank may change or discontinue this ongoing account benefit. |
| Availability | Available to qualifying Key Select Checking customers in Utah. |
| Who qualifies | Key Select Checking customers who meet the annual direct-deposit requirements and keep the account open and eligible through the payment date. |
More official info: Key Select Checking annual cash bonus
Savings Account Bonuses
KeyBank bonuses and promotions do not currently include a public cash signup bonus for Key Active Saver or another standard consumer savings account available to qualifying Utah applicants.
Key Select Money Market Savings currently offers a six-month bonus interest rate for customers who meet its balance-growth and account-balance requirements. Because this is a promotional rate rather than a cash signup bonus, the complete offer appears under Promotional Rates.
More official info: Compare KeyBank savings accounts
Business Account Bonuses
KeyBank promotions do not currently include a fully documented public signup bonus on KeyBank’s business checking account pages. The primary public business incentive is a $600 statement credit for qualifying new Key Merchant Services relationships.
Key Merchant Services — $600 Statement Credit
| Detail | Offer |
|---|---|
| Bonus | $600 statement credit |
| Product type | Merchant payment-processing service |
| Account | Key Merchant Services |
| How to earn it | Establish a new Key Merchant Services relationship and process at least $5,000 in eligible credit card or debit card volume during the first three full processing months. |
| Required holding period | The merchant account must remain open, active, and in good standing through the three full processing months and the statement-credit payment date. |
| Monthly service fee | $15.95, plus processing charges and other applicable costs |
| Potential account cost | At least approximately $47.85 in monthly fees over three full processing months, excluding transaction charges, equipment costs, chargeback fees, Clover software or security fees, and other possible charges. |
| Potential bonus after fees | Approximately $552.15 after three $15.95 monthly fees, before processing charges and other applicable costs. |
| Fine print | The new merchant relationship must use a unique Tax ID. Existing merchants adding locations, recently closed and reopened relationships, Clover Go Hardware Only accounts, and certain referral, payment-facilitator, integrated-service-vendor, and independent-sales-organization relationships do not qualify. TeleCheck, gift card, EBT, and Clover Check Acceptance volume does not count toward the $5,000 requirement. |
| Expiration date | December 31, 2026, at 11:59 p.m. Eastern Time |
| Availability | Available to qualifying Utah businesses that establish an eligible new Key Merchant Services relationship, subject to credit approval and the service agreement. |
| Who qualifies | New Key Merchant Services customers that meet the processing, account-status, and eligibility requirements. |
More official info: Key Merchant Services $600 statement credit offer
Credit Card Bonuses
KeyBank bonuses and promotions currently include two public business credit card welcome bonuses available to qualifying Utah businesses. KeyBank does not currently advertise a public consumer credit card signup bonus.
Consumer Credit Cards
KeyBank’s current consumer credit cards do not offer public cash, points, or other signup bonuses. The introductory APR offers available on KeyBank Latitude and Key Cashback are promotional rates and are covered under Promotional Rates.
Business Credit Cards
KeyBank Business Cash Rewards — $200 Bonus
| Detail | Offer |
|---|---|
| Bonus or Offer | $200 bonus cash back |
| Product type | Business cash-back credit card |
| How to earn it | Make at least $1,000 in qualifying purchases within the first 60 days of account opening. |
| Required spending | $1,000 within 60 days |
| Annual fee | $0 |
| Potential bonus after annual fee | $200 |
| Fine print | Cash advances, balance transfers, convenience checks, overdraft-protection transfers, fees, quasi-cash transactions, and other excluded transactions do not count toward the spending requirement. The bonus is based on qualifying net purchases. |
| Expiration date | No public expiration date listed. |
| Availability | Available to qualifying Utah businesses through a KeyBank branch or business banker, subject to credit approval and offer eligibility requirements. |
| Who qualifies | Qualifying businesses approved for a new KeyBank Business Cash Rewards Credit Card. |
More official info: KeyBank Business Cash Rewards offer
KeyBank Business Rewards — 100,000-Point Bonus
| Detail | Offer |
|---|---|
| Bonus or Offer | 100,000 bonus points worth $200 |
| Product type | Business rewards credit card |
| How to earn it | Make at least $1,000 in qualifying purchases within the first 60 days of account opening. |
| Required spending | $1,000 within 60 days |
| Annual fee | $0 |
| Potential bonus after annual fee | $200, based on KeyBank’s stated value for the 100,000 bonus points. |
| Fine print | Cash advances, balance transfers, convenience checks, overdraft-protection transfers, fees, quasi-cash transactions, and other excluded transactions do not count toward the spending requirement. Bonus points are based on qualifying net purchases. |
| Expiration date | No public expiration date listed. |
| Availability | Available to qualifying Utah businesses through a KeyBank branch or business banker, subject to credit approval and offer eligibility requirements. |
| Who qualifies | Qualifying businesses approved for a new KeyBank Business Rewards Credit Card. |
More official info: KeyBank Business Rewards offer
Promotional Rates
KeyBank promotions currently include deposit bonus rates, promotional CD terms, introductory credit card APRs, and relationship loan discounts available to qualifying Utah customers.
Deposit Promotional Rates
Key Select Money Market Savings — Six-Month Bonus Rate
| Detail | Offer |
|---|---|
| Promotional rate | Six-month bonus interest rate. The exact interest rate and blended APY vary by location and must be verified using KeyBank’s Utah-specific rate lookup. |
| Product type | Money market savings account |
| Minimum to open | $5,000 |
| How to qualify | Open a new Key Select Money Market Savings account, maintain an eligible balance, and increase either total KeyBank relationship balances or qualifying liquid deposits by at least $25,000. |
| Eligible balance | $25,000–$1,999,999.99 |
| Promotional period | Six months beginning on the account-opening date. The bonus rate becomes effective after the requirements are met, but the six-month period does not restart. |
| Monthly service fee | $20 or $0 by maintaining a $25,000 daily balance or owning an eligible premium or relationship checking account. |
| Rate after promotion | The account returns to the current variable rate after the six-month promotional period or when qualification requirements are not maintained. |
| Fine print | Qualifying growth may include new money deposited from outside KeyBank or proceeds from a maturing KeyBank CD. KeyBank publishes location-specific rates, so an APY displayed for another ZIP code should not be treated as a Utah APY. |
| Expiration date | No public expiration date listed. Rates and terms can change without notice. |
| Availability | Available to qualifying Utah applicants, subject to account approval and location-specific rates. |
| Who qualifies | Customers who open a new eligible account and satisfy the balance-growth and account-balance requirements. |
More official info: Key Select Money Market Savings bonus rate
KeyBank Promotional CDs — 12- and 23-Month Terms
| Detail | Offer |
|---|---|
| Promotional terms | 12 months and 23 months |
| Product type | Fixed-rate certificate of deposit |
| Promotional APY | Varies by ZIP code, term, deposit tier, and qualifying KeyBank relationship. Verify the current Utah-specific APY before opening. |
| Minimum to open | Generally $2,500 for a Tiered Long-Term CD and $100,000 for a High-Yield Jumbo CD. The applicable promotional balance tier should be confirmed before opening. |
| How to qualify | Open an eligible CD for a current promotional term. A higher relationship rate may require an eligible KeyBank checking relationship. |
| Required holding period | Funds must remain in the CD until maturity to avoid an early-withdrawal penalty. |
| Potential cost | An early-withdrawal penalty may reduce principal or interest if funds are withdrawn before maturity. |
| Fine print | The rate is fixed for the original term. CDs generally renew automatically at the rate available on the renewal date unless other instructions are provided during the applicable grace period. |
| Expiration date | The 12- and 23-month promotional terms are listed as ongoing, but rates can change before the CD is opened. |
| Availability | Available to qualifying Utah customers at the rates and balance tiers offered for their location. |
| Who qualifies | Customers who meet the opening-deposit and product requirements. Relationship rates require an eligible KeyBank relationship. |
More official info: KeyBank promotional CD rates
Consumer Credit Card Introductory Rates
KeyBank Latitude — 0% APR for 15 Billing Cycles
| Detail | Offer |
|---|---|
| Promotional rate | 0% introductory APR for 15 billing cycles |
| Product type | Consumer credit card |
| Eligible transactions | Purchases and qualifying balance transfers. Balance transfers must be completed within 60 days of account opening. |
| Promotional period | First 15 billing cycles after account opening |
| Annual fee | $0 |
| Balance-transfer fee | The greater of $10 or 4% of each transfer. |
| APR after promotion | 18.49%–25.49% variable APR, based on creditworthiness. |
| Fine print | The introductory APR does not eliminate balance-transfer fees. The post-promotional APR is variable and may change with the Prime Rate. |
| Expiration date | No public expiration date listed. |
| Availability | Available online to Utah applicants, subject to credit approval and offer eligibility. |
| Who qualifies | New cardholders approved for KeyBank Latitude under the applicable offer. |
More official info: KeyBank Latitude introductory APR
Key Cashback — 0% Balance-Transfer APR for 12 Billing Cycles
| Detail | Offer |
|---|---|
| Promotional rate | 0% introductory APR for 12 billing cycles |
| Product type | Consumer cash-back credit card |
| Eligible transactions | Qualifying balance transfers completed within 60 days of account opening. Purchases do not receive the 0% introductory APR. |
| Promotional period | First 12 billing cycles after account opening |
| Annual fee | $0 |
| Balance-transfer fee | The greater of $10 or 4% of each transfer. |
| APR after promotion | 20.49%–27.49% variable APR, based on creditworthiness. |
| Fine print | Carrying a transferred balance may eliminate the grace period on new purchases. Paying only the purchase portion may not prevent purchase interest; KeyBank states that the entire balance, including the transfer, must be paid by the due date to avoid purchase interest. |
| Expiration date | No public expiration date listed. |
| Availability | Available online to Utah applicants, subject to credit approval and offer eligibility. |
| Who qualifies | New cardholders approved for Key Cashback under the applicable offer. |
More official info: Key Cashback balance-transfer offer
Business Credit Card Introductory Rates
KeyBank Business Credit Cards — 0% APR for Six Billing Cycles
| Detail | Offer |
|---|---|
| Promotional rate | 0% introductory APR for six billing cycles |
| Eligible cards | KeyBank Business Cash Rewards, KeyBank Business Rewards, and KeyBank Business Card |
| Eligible transactions | Purchases and qualifying balance transfers. Balance transfers must be completed within 60 days of account opening. |
| Promotional period | First six billing cycles after account opening |
| Annual fee | $0 |
| Balance-transfer fee | The greater of $10 or 4% of each transfer. |
| APR after promotion | Business Cash Rewards: 17.49%–27.49% variable APR. Business Rewards: 15.49%–25.49% variable APR. Verify the current post-promotional APR for the KeyBank Business Card in the application disclosure. |
| Fine print | The introductory APR does not apply to cash advances. Regular variable APRs apply after the promotion and may change with the Prime Rate. |
| Expiration date | No public expiration date listed. |
| Availability | Available to qualifying Utah businesses, subject to credit approval and offer eligibility. |
| Who qualifies | Businesses approved for a new eligible KeyBank business credit card. |
More official info: KeyBank Business Cash Rewards introductory APR
More official info: KeyBank Business Rewards introductory APR
More official info: KeyBank Business Card introductory APR
Relationship Loan Discounts
KeyBank Mortgages and HELOCs — 0.25-Percentage-Point Discount
| Detail | Offer |
|---|---|
| Discount | 0.25-percentage-point interest-rate reduction |
| Product type | New KeyBank mortgage or home equity line of credit |
| How to qualify | Own an eligible KeyBank relationship checking account during the application process, or complete the required form to make automatic payments from an eligible KeyBank consumer checking account. |
| Relationship requirement | An eligible consumer checking account generally requires at least five qualifying transactions per calendar month. Eligible Key Private Bank checking relationships may also qualify. |
| Qualification deadline | Before the mortgage Closing Disclosure is issued or before the HELOC closes, as applicable. |
| How the discount applies | For fixed-rate mortgages, the reduction applies to the note rate. For adjustable-rate mortgages, it applies to the initial fixed-rate period. For HELOCs, it reduces the applicable margin. |
| Potential cost | Standard checking-account service charges and normal mortgage or HELOC costs may apply. |
| Fine print | The relationship and automatic-payment paths are alternatives and do not create a combined 0.50-point discount. The reduction applies only to eligible new applications and may not be combined with certain other promotions or discounts. |
| Expiration date | No public expiration date listed. |
| Availability | Available on eligible products in Utah, subject to credit approval, product availability, and KeyBank requirements. |
| Who qualifies | Borrowers approved for an eligible new KeyBank mortgage or HELOC who complete one of the qualifying relationship or automatic-payment paths on time. |
More official info: KeyBank mortgage and HELOC relationship discount
Eligible Personal, Auto, and Home-Improvement Loans — Up to 1.00 Percentage Point in Discounts
| Detail | Offer |
|---|---|
| Discount | 0.75-percentage-point relationship discount, plus a separate 0.25-percentage-point Auto-Pay discount, for up to 1.00 percentage point total. |
| Product type | Eligible new personal, auto, and home-improvement loans |
| How to qualify | Own an eligible KeyBank relationship checking account during the loan-application process to receive the 0.75-point discount. Enroll in automatic payments from a KeyBank checking account before closing to receive the additional 0.25-point discount. |
| Relationship requirement | An eligible consumer checking account generally requires at least five qualifying transactions per calendar month. An eligible Key Private Bank checking account may also qualify. |
| Discount duration | The applicable discount is reflected in the loan’s promissory note and remains in effect for the loan term. |
| Potential cost | Standard checking-account service charges and normal loan costs may apply. |
| Fine print | The two discounts have separate requirements but may be combined. Eligibility, available loan products, and final pricing depend on credit approval and KeyBank underwriting. |
| Expiration date | No public expiration date listed. |
| Availability | Available on eligible products to qualifying Utah borrowers, subject to credit approval and product availability. |
| Who qualifies | Borrowers approved for an eligible new KeyBank loan who satisfy the relationship and/or Auto-Pay requirements. |
More official info: KeyBank personal lending relationship discounts
Referral Programs
No public consumer or ordinary business customer referral bonus is currently available from KeyBank for qualifying Utah customers.
KeyBank does maintain a separate institutional referral opportunities program for businesses that refer clients to KeyBank. This is a commercial referral partnership rather than a standard customer refer-a-friend bonus, so it is not included as a public KeyBank promotion.
Targeted, branch, employer-linked, relationship, digital, and customer-specific referral offers may still be available to selected customers.
Member Deals and Discounts
KeyBank customer deals currently include a 25% discount on eligible Trust & Will estate-planning services.
Trust & Will Estate Planning — 25% Discount
| Detail | Offer |
|---|---|
| Deal or discount | 25% off eligible Trust & Will estate-planning services. |
| Product type | Third-party estate-planning discount |
| How to qualify | Be a KeyBank client and access the Trust & Will offer through KeyBank’s official relationship-benefits or estate-planning page. |
| Eligible services | Eligible online estate-planning products offered through Trust & Will, subject to the partner’s current terms. |
| Potential cost | Trust & Will’s applicable price after the 25% discount. The service is not free. |
| Fine print | Trust & Will is an unaffiliated third party responsible for its products, pricing, website, and service availability. The service does not replace individualized legal or tax advice when professional guidance is needed. |
| Expiration date | No public expiration date listed. |
| Availability | Available to qualifying KeyBank clients in Utah, subject to Trust & Will’s service availability and current terms. |
| Who qualifies | Eligible KeyBank clients who access the partner offer through KeyBank. |
More official info: KeyBank Trust & Will discount
KeyBank’s loan and deposit relationship discounts are covered under Promotional Rates and are not repeated here.
Frequently Asked Questions
These answers summarize the most important details about current KeyBank bonuses and promotions available to qualifying Utah customers.
Does KeyBank currently offer a checking account bonus?
Yes. Key Smart Checking currently offers a $300 welcome bonus, while Key Select Checking offers a separate $500 welcome bonus. Each account has its own offer code, opening deposit, direct-deposit requirement, and qualification terms.
Does Key Select Checking also pay an annual cash bonus?
Yes. The recurring $100 annual cash bonus is separate from the one-time $500 welcome bonus. It requires at least $60,000 in eligible direct deposits during the 12-month evaluation period and at least one eligible direct deposit transaction during the final two calendar months of the evaluation period. The account must remain open and in good standing.
Does KeyBank offer savings promotions?
KeyBank does not currently advertise a public cash signup bonus for Key Active Saver. Key Select Money Market Savings offers a six-month bonus-rate structure, and KeyBank currently lists 12- and 23-month promotional CD terms. Deposit rates vary by location, so applicants should verify the current Utah-specific APY before opening an account.
Does KeyBank offer credit card bonuses?
No public cash or points welcome bonus was found for KeyBank’s current consumer credit cards. KeyBank’s business cards include a $200 cash welcome bonus or 100,000 points worth $200 on eligible cards after $1,000 in qualifying purchases within 60 days. Consumer and business cards may also offer 0% introductory APR periods, but those are promotional rates rather than welcome bonuses.
Are KeyBank promotions available in Utah?
The offers included on this page are available to qualifying Utah consumers or businesses, subject to product availability, account or credit approval, application-channel requirements, and the terms of each promotion. Deposit rates and some product terms may vary by ZIP code.
Does KeyBank have a referral program?
No public consumer or ordinary business customer referral bonus is currently available. KeyBank maintains a separate commercial referral program for businesses and institutions that refer clients, but it is not a standard customer refer-a-friend offer.
Can KeyBank have promotions that are not advertised publicly?
Yes. KeyBank may provide targeted mail, email, digital, branch, employer-linked, relationship, preselected, or customer-specific offers that do not appear on its public website. Customers should review the complete terms of any targeted offer because its amount, deadline, eligibility rules, and offer code may differ from the public promotions listed here.
Disclaimer: Promotions, bonuses, rates, eligibility requirements, and other offer terms may change or be discontinued without prior notice. UtahFi works to keep this information current but cannot guarantee that all offer details remain unchanged. Always verify the latest terms and conditions directly with the financial institution before opening an account, applying for a product, or participating in an offer.
