The minimum daily balance is $5,000.00 or more during the monthly statement cycle. A monthly direct deposit of at least $25.00 is credited to your Key Silver Money Market Savings Account during the monthly statement cycle.

Does KeyBank require a minimum balance?

Features and Benefits No overdraft, monthly or minimum balance fees. That’s why we call it Hassle-Free. No checks to order, and every way to pay. Access your money with KeyBank Debit Mastercard®, in online and mobile banking, and at KeyBank branches and ATMs.

Does KeyBank have a monthly fee?

Basic, everyday checking with no monthly fees, and no minimums. Plus, paper checks and every digital feature. Interest-bearing account with built-in money saving features like limited ATM fee reimbursement. Preferred pricing with relationship rates and discounts and automatic daily sweeps to savings.

Does KeyBank charge for balance?

$1.50 Printed mini-statement when you request your account balance. This will be charged at the end of each business day and will appear as “ATM Mini-Statement Fee.” $3.00 There is no KeyBank fee for your first 2 transactions per statement cycle if you use another bank’s ATM, and $3 per transaction for any after that.

How good is KeyBank?

Overall bank rating The bottom line: KeyBank’s approach to banking includes no-frills checking accounts and convenience, with more than 1,000 branches in 15 states. The Cleveland-based bank’s overdraft fees are high, however, and savings accounts have low rates.

What do you need to open a KeyBank account?

What to Bring With You to the Bank

  1. Your Social Security number.
  2. One valid form of primary identification (driver’s license, valid passport, government-issued ID with photo and signature)
  3. Minimum required opening deposit (amount varies depending on type of account)

How much will KeyBank let you overdraft?

KeyBank. While it only allows its customers to make up to five overdrafts, KeyBank (NYSE: KEY) levies a fee of up to $39 per day when its customers overdraft on their accounts. In all, customers could pay $195 in daily overdraft charges.

How big should my KeyBank checking account be?

To avoid Maintenance Service Charges… Any combination of balances from your KeyBank checking, savings deposit, certificates of deposit, retirement deposits, investment* (including annuity balances reflected on your KIS account statement) and credit accounts was $10,000.00 or more.

What’s the minimum deposit to open a savings account at KeyBank?

The $5,000 minimum opening deposit must come from funds not currently held in accounts at KeyBank or its affiliates and will be eligible for promotional rates. This minimum opening deposit must come from funds not currently held in accounts at KeyBank or its affiliates.

Do you have to keep a minimum balance on your checking account?

You decide how much to keep in your account, without having to maintain a minimum monthly balance. Use your account as much or as little as you want. Write a check or use online and mobile banking, the choice is yours. Get more from your checking account, every day.

What’s the minimum daily balance for a key advantage savings account?

Currently have or open a Key Advantage ®, Key Privilege ® or Key Privilege Select ® checking account The minimum daily balance is $5,000.00 or more during the monthly statement cycle A monthly direct deposit of at least $25.00 is credited to your Key Silver Money Market Savings Account during the monthly statement cycle