KeyBank is offering Connecticut, Ohio, New York and Pennsylvania residents a $300 Checking Bonus when you open a qualifying checking account with promo code OASP0119 valid through May 31, 2019.

To qualify for this promotion, you must open a new KeyBank checking account within a $50 opening deposit. Once you have opened your account, simply set up and receive one Direct Deposit of $500 within 60 days of account opening. Once you have completed the direct deposit requirement, the $300 bonus will be deposited into your account within 90 days after meeting the requirements.

With the qualifying checking accounts at KeyBank, you can expect an interest bearing account, free checks, discounts on loans/lines of credit, and much more! Check out all of the latest KeyBank bonuses located on the HMB master list of KeyBank Promotions. If you are interested, be sure to check out other banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.

Eligibility: This offer is available in certain branches within the following markets: Cleveland, OH, Akron/Canton, OH, Pittsburgh, PA, Hartford, CT, New Haven, CT, Seattle, WA, Denver, CO, Albany, NY, Syracuse, NY, Rochester, NY, and Buffalo, NY. If you receive “This offer has ended” message that means your zip code isn’t eligible.

Credit goes to Konstantin for letting us know about this bank promotion. If you’d like to participate in our Rewards Program, simply contact us when you find a new bank promotion and get paid up to $15!

KeyBank Account Information

• Direct Link to Offer
• KeyBank Premium Checking Promotion PDF Printout
• Account Type: Key Advantage, Key Privilege, or Key Privilege Select Checking
• Availability: CT, OH, NY, PA (Branch Locator)
• Expiration Date: 05/31/2019
• Credit Inquiry: Soft Pull
• ChexSystems: Yes
• 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: $18 – $50, see below on how to avoid monthly fees.
  
• Additional Requirements: Must use Promo Code: OASP1119
• Household Limit: None listed however it is limit to one gift per individual.
• Closing Account Fee: $25 fee if closed within 180 days

What Triggers Direct Deposit? Alternative Methods

Many bank bonuses require you to make real direct deposit from your job to receive the sign up bonus. However, switching to your real paycheck can be frustrating and time consuming. You can find alternative methods below which many readers have reported to trigger direct deposit to receive the sign up bonus. Simply set up ACH transfers from these institutions to trigger direct deposit. Again, Your Mileage May Vary(YMMV). Please help us with your experience if you find a different method or to confirm a current method for direct deposit in the comments section below.

• ACH
• Ally ACH
• American Express
• Serve
• Capital One 360
• Chase
• Discover
• E*Trade
• Orgeon Community Credit Union
• Paypal
• Santander
• Stripe Transfer
• TD Ameritrade
• USAA
• Wells Fargo ACH
• Venmo

How To Earn KeyBank Bonus

1. Open a qualifying KeyBank Checking Account with the promotional code OASP0119 by May 31, 2019. (You can open your account online, via phone, or in-branch)
2. Set up direct deposit of at least $500 or more within 60 days after account opening.
3. Receive your $300 sign up bonus within 90 days of meeting requirements.
4. Make sure to keep account open for 180 days to avoid the $25 early termination fee.

How To Avoid Monthly Fees

• Key Advantage Checking – $18 monthly fee can be waived with:
  • At least $10,000 in any combination deposit, investment or credit account balances OR
  • 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 – $25 monthly fee can be waived with:
  • At least $25,000 in any combination deposit, investment or credit account balances OR
  • 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 – $50 monthly fee can be waived 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.

Bottom Line

Overall, this is an attractive $300 bonus with many checking account selections to choose from. Keep in mind this is 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.

If you don’t qualify for this personal checking promo, we have a long list of Bank Promotions from all States that’s worth taking a look!