KeyBank is offering a $300 Checking Bonus when you open a qualifying checking account with promo code EDGT0316 valid through April 29, 2016. To earn KeyBank $300 bonus, you must set up direct deposit of at least $500 within 60 days after account opening. I recommend to open the Key Express checking for low monthly fees and opt out of Relationship Rewards membership to avoid the $40 fee.
There is a new KeyBank’s $300 promotion with promo code RETA0316 valid until May 13, 2016. To earn the $300 bonus, simply open a qualifying KeyBank checking account with direct deposit of at least $500 or more within 60 days of account opening.
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KeyBank $300 Bonus Information:
- Sign up Offer
- KeyBank Promotional PDF Printout
- Account Type: Key Express(or Basic Banking in NY), Key Advantage, Key Privilege, or Key Privilege Select Checking
- Availability: AK, CO, CT, ID, IN, KY, ME, MI, NY, OH, OR, UT, VT, & WA.
- Expiration Date: 4/29/2016
- Credit Inquiry: Soft pull.
- Opening Deposit: $50 minimum
- Credit Card Funding: Up to $100.
- Direct Deposit Requirement: Yes($500 or more), most ACH transfers count as DD.
- Monthly Fee: $7- $50. See below on how to avoid monthly fees.
- Additional Requirements: Use offer code EDGT0316 when opening the account.
- Closing Account Fee: Yes, must keep account open for at least 180 days before closing. Otherwise, there is a $25 early closure fee.
*Many people reported that almost all ACH transfers from other banks will trigger the direct deposit requirement.
**Don’t forget to opt out of Relationship Rewards membership unless you want to pay the $40 fee.
How To Earn KeyBank $300 Bonus:
- Open a qualifying KeyBank checking account with the promotional code EDGT0316 by 4/29/2016.
- I recommend to open the Key Express Checking account which has no monthly fees with 8 debit transactions per month.
- Set up direct deposit of at least $500 or more within 60 days of account opening.
- Receive your $300 sign up bonus within 90 days of meeting requirements.
- Make sure to keep account open for 180 days to avoid early termination fee.
How To Avoid Monthly Fees:
- Key Express(Basic Banking in NY) – Avoid $7 monthly fee with more than $500 in deposits or 8 transactions per statement cycle.
- Key Advantage Checking – Waived for the first 3 months. Avoid the $18 monthly fee with at least $10,000 in any combination deposit, investment or credit account balances OR have a KeyBank mortgage automatic payment deduction of $500 or more each statement cycle OR if you are a Key@Work program member and have at least $1,000 in cumulative direct deposits each statement cycle.
- Key Privilege Checking – Waived for the first 3 months. Avoid the $25 monthly fee with at least $25,000 in any combination deposit, investment or credit account balances OR have a KeyBank mortgage automatic payment deduction of $500 or more each statement cycle OR if you are a Key@Work program member and have at least $2,500 in cumulative direct deposits each statement cycle.
- Key Privilege Select Checking – Waived for the first 3 months. Avoid the $50 monthly fee with at least $100,000 in any combination deposit, investment or credit account balances OR if you are a Key@Work program member and have at least $5,000 in cumulative direct deposits each statement cycle.
Limit one gift per individual & per qualifying account. The value of your gift will be reported on Form 1099-INT. Your gift will be deposited within 90 days of meeting requirements. Sign up today for this $300 Keybank Bonus promotion with direct deposit. If you don’t qualify for this personal checking promo, we have a long list of bank bonuses from all States!
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