KeyBank
KeyBank Key Smart Checking $300 Bonus
Bonus amount
$300
Expires
May 22, 2026
Time to complete
~90 days
Bonus deposited in
~60 days
Difficulty
Medium
Requirements
Last verified: Mar 21, 2026
Open an account
Open your new account using the offer link before the offer expires.
Set up direct deposit
Make the $10 minimum opening deposit and make a total of $2,000 or more in eligible direct deposits within 90 days of account opening.
Paid within 60 days of meeting requirements.
Tips & Gotchas
- →KeyBank can be ChexSystems sensitive.
- →The Key Smart Checking account has no monthly fee, making it easy to keep open to avoid the $25 early closure fee.
Direct Deposit Data Points 2
Community-reported results for what triggers a qualifying direct deposit at KeyBank.
Account Details
$25 early closure fee if closed within 180 days.
Eligibility
Cannot have had a KeyBank checking account in the last 12 months.
Rechurnable?
Fine Print
Normal 1099-INT rules apply.
Taxable income · Reported on 1099-INT
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 hold period?
The minimum time you must keep your balance in an account before the bonus is paid out.
What is an early termination fee?
A penalty charged if you close a bank account too soon after opening it.