Comments For: $125 to $225 Checking Account Bonuses at KeyBank - Only Certain States

KeyBank has a new checking account promotion in which you can receive up to $225 when you:Open a qualifying checking account and enroll in KeyBank Rewards by November 20, 2009Make one debit card transaction and a combination of two direct deposits and/or...

Post a CommentComments

Sort: Date | Votes

In order of date posted. - View Latest

Anonymous - #1, Sunday, October 18, 2009 - 6:06 PM CT

Wait a minute. Didn't I read here on Oct. 9 that this bank was no longer accepting new customers?

http://bankdeals.blogspot.com/2009/10/keydirect-is-no-longer-accepting-new.html

What's up?

Was this comment helpful? 1

Banking Guy - #2, Sunday, October 18, 2009 - 6:17 PM CT

Only KeyBank's internet division, KeyDirect, is no longer accepting new customers.

Was this comment helpful? 1

Anonymous - #3, Sunday, October 18, 2009 - 8:31 PM CT

Given the above list of payments that do not qualify as automated payments, what would be an example of a qualifying automated payment?

Was this comment helpful? 1

Anonymous - #4, Sunday, October 18, 2009 - 10:53 PM CT

They are making it next to impractical to qualify for the bonus.
Too many restrictions and pitfalls and at the end we have to beg and promise to become loyal customer in order to receive the bonus.

Was this comment helpful? 1

Anonymous - #5, Sunday, October 18, 2009 - 11:00 PM CT

Banking Guy, I entered Florida zip and got this:
"We apologize, we do not offer this product in your area.

Key.com offers great interest rates directly to consumers and businesses in 14 states including AK, CO, CT, ID, IN, KY, ME, MI, NY, OH, OR, UT, VT, or WA."

Your posting includes Florida, who is correct?

Was this comment helpful? 1

Banking Guy - #6, Monday, October 19, 2009 - 7:35 AM CT

Regarding the states, I just copied what was in their FAQ.

Was this comment helpful? 1

Anonymous - #7, Tuesday, October 20, 2009 - 10:27 AM CT

I just called Key, and any pull from the account counts as an automated payment, such as a payment to a CC or a payment to Verizon or another business as long as that company is doing the pull. I did not ask about an ACH pull from another Savings/Checking account.

Was this comment helpful? 1

Anonymous - #8, Thursday, October 22, 2009 - 11:51 AM CT

Thanks for this tip, I will call to find out more. Also more fine print from here: https://www.key.com/gen/html/mkt-q409-125-faq.html

The debit card transaction has to be with a KeyBank Rewards debit card, which doesn't come with the free checking account by default. This Rewards debit card has an annual fee of $20 which is waived for the first year.

I agree with the earlier post that says there are lots of restrictions on this bonus.

Was this comment helpful? 1

mk - #9, Tuesday, October 27, 2009 - 3:25 AM CT

Only Key Express Free Checking - eligible for $125 bonus, is available in the state of Florida

Was this comment helpful? 1

Anonymous - #10, Thursday, October 29, 2009 - 1:56 AM CT

what a scam. i almost fell for this. thanks for all the insightful comments.

Was this comment helpful? 1

Comments For: $125 to $225 Checking Account Bonuses at KeyBank - Only Certain States

Add Your Comment