KeyBank Celebrates Third Anniversary of Key Select Checking® with Nearly $7 Million in Annual Bonuses Paid to Clients
Article excerpt
Milestone marks three years of rewarding client loyalty through industry-leading cash bonuses and transparent banking tools CLEVELAND, Aug. 5, 2026 /PRNewswire/ -- KeyBank (NYSE: KEY ) today marks the third anniversary of Key Select Checking®, the interest-bearing checking account designed to reward clients for the direct deposits they make to their account. Since its launch three years ago, KeyBank has paid out nearly $7 million in annual cash bonuses to qualifying Key Select Checking clients. "Three years ago, we set out to build a checking account that rewards clients for banking with Key," said Josh Miller, Head of Consumer Acquisition Marketing & Product. "Today's milestone is a testament to the trust our clients have placed in us and to our commitment in making their financial lives simpler and more rewarding." A Checking Account Built Around the Client Key Select Checking was built on a straightforward premise: clients who maintain their banking relationship with KeyBank should be rewarded for it. The account is interest-bearing, meaning balances earn a variable interest rate that is compounded daily, in addition to the annual $100 cash bonus¹. The account can be opened online in approximately five minutes and comes with a suite of features designed for everyday banking, including: The $25 monthly maintenance fee is waived for the first three statement cycles⁶ for...
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Last summer, KeyBank launched the Key Select Checking Bonus Tracker, a feature available through the KeyBank mobile app and online banking that gives clients real-time visibility into their progress toward the annual $100 cash bonus.
