Earn a $100 Referral Bonus when you refer friends to KeyBank. You may earn a $100 Referral Bonus when you refer friends who open a new eligible checking account and meet the qualifying requirements.

To qualify for the reward, send your friend a custom URL they can use to open a new KeyBank checking account. Earn $100 when your friend opens a new checking account with minimum opening deposit by December 31, 2022 and makes one direct deposit of at least $500 in the first 60 days.

KeyBank $100 Referral Bonus

$100 Referral Bonus

• Account Type: Key Smart Checking
• Availability: AK, CO, CT, ID, IN, MA, ME, MI, NY, OH, OR, PA, UT, VT, or WA
• Direct Deposit Requirement: Yes, $500+
• Hard/Soft Pull: Soft Pull
• ChexSystem: Mixed Datapoints, might be sensitive
• Credit Card Funding: Up to $50
• Monthly Fee: $7, avoidable
• Early account termination fee: $25
• Household limit: None listed

(Offer expires December 31, 2022)

Fine Print

• You must be a current KeyBank consumer checking or savings client at the time of referral.
• Referrals must be made with the email address of the primary account holder/owner.
• The client you refer must be the primary owner on the account they open.
• The client you refer must open a Key Smart Checking® account with a minimum opening deposit of $10 (this is the basic banking account in NY), or a Key Advantage®, Key Privilege®, or Key Privilege Select Checking® account with a minimum opening deposit of $50 and make a single direct deposit of $500 or more within 60 days after account opening (direct deposit transactions are limited to payroll, Social Security, pension and government benefits)in order for you to receive your referral gift of $100.
• Referee 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.
• Due to privacy regulations, KeyBank is unable to disclose the status of your referral’s account opening and account usage.
• Your existing checking account must be open and in good standing upon gift payment.
• Your gift will be delivered within 60 days of the referred new client meeting all requirements.
• If the Referee accepts a different promotion available in market, other disclosures may apply.
• Employees of KeyBank, its affiliates, or subsidiaries are not eligible to receive the $100 referral gift.
• Offer is subject to cancellation without notice.
• The maximum you can earn by referring new KeyBank clients is $500 per qualifying customer per calendar year.
• Your participation in this program may result in the receipt of taxable income from KeyBank and we may be required to send to you, and file with the IRS, a Form 1099-MISC (miscellaneous income).
• You are responsible for any tax liability, including disclosure requirements, related to participating in this program.
• Please consult your tax advisor if you have any questions about your personal tax situation. Offer cannot be sold/auctioned.

Bottom Line

Make sure you check out KeyBank to earn a $100 referral bonus promotion. Don’t forget, you must be a current KeyBank consumer checking or savings client at the time of referral.

We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, see our list of the latest KeyBank Promotions or check out our full list of bank promotions.