KeyBank is offering a $200 Checking Bonus promotion with direct deposit when you open a Hassle Free Checking account online using offer code ONFT0315. You need to make at least $1,000 in cumulative direct deposits within 60 days after account opening to qualify for the $200 bonus offer. You must open the account by 5/1/2015.
There is a limit of one gift per individual & per qualifying account. The gift will be deposited within 90 days of meeting requirements and it will be reported on Form 1099-INT as usual.
ACH from Capital one 360 will usually fulfill the direct deposit requirement. However there’s been reports where ACHs have showed up as internet transfers. So make sure to stay on top of it and even do more than one ACH from different banks if you can. Direct Depositing your paycheck will be the only sure thing. You can also fund the account with a credit card, up to $100.
Don’t check the checkbox for Relationship Rewards membership to avoid the $40 fee.
The offer is not valid everywhere. Check the details below.
- Apply Now
- Account Type: Hassle Free Checking
- Offer Code: ONFT0315
- Availability: AK, CO, CT, ID, IN, KY, ME, MI, NY, OH, OR, UT, VT, & WA.
- Expiration Date: 5/1/2015
- Hard Inquiry: Soft pull.
- Opening Deposit Credit Card Funding: Yes, up to $100 in funding.
- Direct Deposit Requirement: A total of $1000 or more within 60 days
- Monthly Fee: None
- Closing Account Fee: $25 if you close account within 180 days
Another Targeted Offer for $200
I also received a similar offer in the mail for the Key Privilege Account. It still has a $200 bonus, but it requries a $500 direct deposit. However this account has a monthly fee that can be waived with a recurring $500 direct deposit. This offer runs until 5/22/2015, with offer code DXSD0315.
You really don’t need to look into the targeted offer, unless you wait after the public offer has expired.