KeyBank
KeyBank Key Select Checking $500 Bonus
Bonus amount
$500
Expires
May 22, 2026
Time to complete
~90 days
Bonus deposited in
~60 days
Difficulty
Hard
Requirements
Last verified: Mar 21, 2026
Open an account
Open your new account using the offer link before the offer expires.
Eligible direct deposits
Make the $50 minimum opening deposit and a total of $5,000 or more in eligible direct deposits within 90 days of account opening.
Paid within 60 days of meeting requirements (per KeyBank offer page).
Tips & Gotchas
- →Key Select Checking has a $25 monthly maintenance fee after a 3-statement-cycle grace period; ensure you can waive it.
Direct Deposit Data Points 2
Community-reported results for what triggers a qualifying direct deposit at KeyBank.
Account Details
- Eligible direct deposits totaling $3,000+ per statement cycle
- $15,000+ in combined KeyBank relationship balances
- Fee waived for first 3 statement cycles
Key may charge an early closure fee (varies by account/terms).
Eligibility
Cannot have had a KeyBank personal checking account recently (see offer terms).
Rechurnable?
Related Articles
What is a direct deposit?
An electronic payment sent directly into your bank account, usually from an employer or government.
What is a fee waiver?
A condition you can meet to have the monthly maintenance fee on an account waived.
What is a hold period?
The minimum time you must keep your balance in an account before the bonus is paid out.