Key Smart Checking®
KeyBank determines account eligibility, approval, and bonus qualification. Terms may change. Verify the latest terms on the official website before applying.
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Verification ledgerOffer terms at a glanceDeposit, spending, fee, deadline, and eligibility details
We separate the headline from the conditions required to earn it.
- Product name
- Key Smart Checking®
- Financial institution
- KeyBank
- Offer type
- Checking account opening bonus
- Current bonus
- $300
- Required deposit or spending
- Open by December 11, 2026 using offer code KDMA0526, fund at least $10, and receive $2,000 or more in eligible direct deposits within 90 days.
- Direct deposit requirement
- Required: $2,000 or more in eligible direct deposits within 90 days. Review KeyBank's official terms for the precise eligible-deposit definition.
- Minimum balance
- $10 minimum opening deposit; no ongoing minimum balance requirement.
- Monthly or annual fee
- $0
- How to waive the fee
- Not applicable; no monthly maintenance fee.
- Eligible states / geographic restrictions
- Available only in markets and channels where KeyBank opens the account; approval applies.
- Offer deadline
- December 11, 2026
- Estimated payout timing
- Within 60 days after meeting the requirements.
- Early closure considerations
- The account must not be closed when KeyBank pays the bonus.
- Credit inquiry information
- Unknown; the official offer does not state whether a hard inquiry is used.
- New KeyBank checking customers with at least $2,000 of eligible direct deposit in 90 days.
- People seeking a no-monthly-fee checking account.
- Existing or recent KeyBank checking customers excluded by the terms.
- People relying on ordinary bank transfers rather than eligible direct deposit.
What the headline leaves out
The account has no monthly maintenance fee, so the main execution cost is routing eligible income. Taxes and incidental account costs may reduce value.
How this offer differs
Key Smart pays less than Key Select but requires less direct deposit and has no monthly fee.
- 01Offer code KDMA0526 is required.
- 02Account must remain open at payment.
- 03Availability depends on KeyBank's account-opening footprint.
- 04KeyBank determines eligibility.
This record currently uses an official, non-affiliate link. BonusMetric does not claim a partnership with KeyBank and does not receive compensation for this link. Read our full disclosure.
Frequently asked questions
What is the Key Smart offer code?
The current official offer requires KDMA0526.
Does Key Smart have a monthly fee?
No. KeyBank lists a $0 monthly maintenance fee.
Related guides
- Direct deposit vs. ACH
- How bank bonuses work
- Why didn’t my bank bonus post?
- Can I close my account after the bonus?
- What counts as direct deposit?
- Bank bonus checklist