KeyBank $400 Checking Bonus (Targeted)

Receive $400 when you open one of the premium KeyBank checking account before 2/24/17 and make one direct deposit of $500 or more within 60 days after account opening. You need to open a qualifying checking account using offer code RETK0117. Qualifying accounts are; Key Express (this is the basic banking account in New York), Key Advantage, Key Privilege or Key Privilege Select Checking Account.

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Unlike some of the previous bonuses offered by KeyBank, this one is a targeted bonus that requires a reservation number, and there’s option to have coupon emailed to you. DoC mentions that you can chat with the bank and get a reservation number. I tried it last time this offer was around and I was unsuccessful, so I’m assuming it will be hard to get a reservation number. The offer is meant for those who receive a promotional offer mailed directly to their home. Let us know if you have better luck.

Direct deposit transactions are limited to payroll, Social Security, pension and government benefits, but almost any ACH from another bank will work. Personally I have used Capital One 360 to fulfill direct deposit requirement.

Offer not available to individuals who have had a KeyBank checking account in the last 12 months.

Offer Details

  • Apply Now (for NYC enter a out of city zip code then change it later when entering your address)
  • Account Type: Key Express Account
  • Offer Code: RETK0117
  • Availability: AK, CO, CT, ID, IN, KY, ME, MI, NY, OH, OR, UT, VT, & WA.
  • Expiration Date: 02/27/2017
  • Hard Inquiry: Soft pull
  • Opening Deposit Credit Card Funding: Yes, up to $100 in funding.
  • Direct Deposit Requirement: $500 or more within 60 days
  • Monthly Fee: $7 (waived with $500 in deposits or 8 transactions per statement cycle)
  • Closing Account Fee: $25 if you close account within 180 days

$400 for a checking account is as good as it gets. You should definitely go for this one if you’re in one of the eligible states and you haven’t had an account in the last 12 months and have a reservation number. If not, the $300 bonus is still one of the best out there. Hassle-Free Checking doesn’t qualify for the offer this time around, so your best option is the Key Express Account which has a $7 monthly fee that’s easily waived if you make at least $500 in deposits or initiate eight transactions per statement cycle. Direct deposit requirement should be fulfilled with a simple $500 transfer from another bank such as Capital One 360.


4 thoughts on “KeyBank $400 Checking Bonus (Targeted)

  1. Thanks for tip about NYC zip code! I got no luck to get reservation number not through the phone, not through the chat! I think DoC site mentioned that you can get reservation number FOR $300 Promo, not for $400 one. Because they have $300 for targeted only, and $300 for online for specific states, and $400 for Targeted and $200 some for targeted and some for online (reservation number will be generated online and will be sent to your email)

  2. Amazing offer but I had no luck either. Called in and asked how I can apply for this offer I saw online. They asked for promo code and then said that I would need a mailer in order to apply.

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