KeyBank Basic Business or Business Reward Checking Account Receive a $500 Welcome Bonus when you open a KeyBank Basic Business Checking® or KeyBank Business Reward Checking, make a total of $5,000 or more in deposits within 30 days of account opening, and maintain an end-of day balance of at least $5,000 from the date you first reach this balance in the new checking account for at least 90 consecutive days2.
KeyBank Business Cash Rewards Card Open a KeyBank Business Cash Rewards Card and receive a $200 Welcome Bonus when you spend $1,000 in the first 60 days3 . Plus, earn up to 2% unlimited cash back when you also have a KeyBank business checking account and process payments through a qualifying Key Merchant Services account4 . 0% intro APR for 6 billing cycles on all purchases and all balance transfers made within the first 60 days of account opening. After that, the variable APR will apply, currently 18.24%-28.24%, based on your creditworthiness5 .
Key Merchant Services Open and activate a Key Merchant Services account and get a $600 statement credit to your merchant processing account 3 months after activation +$5,000 in processing6
1.In order to qualify for the full $1300 bonus, you must meet all eligibility requirements below:
2. To receive the $500 Key Business Checking offer, open a new KeyBank Basic Business Checking® or KeyBank Business Reward Checking® account with marketing code MDN12025 by 10/3/2025. Accounts are subject to approval. Offer only available if the business entity (SSN/TIN) has not had a KeyBank commercial or business savings or a KeyBank commercial or business checking account during the past 12 months. Make a total of $5,000 or more in deposits into your new qualifying checking account within 30 days of account opening. You must then maintain an end-of-day balance of at least $5,000 from the date you first reach this balance in the new checking account for at least 90 consecutive days. If the balance deposit amount decreases below the threshold during the 90-day period, your checking account will no longer qualify for the promotion. Your $500 bonus will be deposited into your new KeyBank Basic Business Checking or KeyBank Business Reward Checking account within 60 days of meeting all requirements. The minimum opening deposit for a KeyBank Basic Business Checking or KeyBank Business Reward Checking account is $25. Limit one account-opening offer per qualifying account. Limit one account-opening offer per business entity (SSN/TIN). The value of your account-opening offer will be reported on Form 1099-INT. Account must not be closed at the time of gift payment. This account-opening offer is subject to cancellation without notice. Valid Social Security Number and/or Taxpayer Identification Number and U.S. address required to qualify for offer. KeyBank Basic Business Checking and KeyBank Business Reward Checking accounts have monthly service charges. See key.com/smallbusiness for more information. Employees of KeyBank, its affiliates and subsidiaries are not eligible for this offer. Banking products and services are offered by KeyBank National Association.
3. To qualify for the $200 bonus, you must spend at least $1,000 on qualifying Purchases within 60 days of account opening. Cash back is awarded based on Net Purchases and specifically excludes transactions such as Cash Advances of any type, Balance Transfers, Convenience Checks, Overdraft Protection transfers, and Quasi-Cash transactions. Please refer to the Business Cash Rewards Program Terms and Conditions (key.com/bizrewards) for additional information.
4. Business Cash Rewards customers earn 1.5% unlimited cash back on all purchases. You can earn a .25% bonus for having a KeyBank business checking account, open and in good standing, and maintaining an average daily balance of $2,000. You can also earn a .25% bonus for processing payments through a qualifying Key Merchant Services program. Clover Go® accounts are not a qualifying Key Merchant Services program. Eligible purchases do not include cash advances (such as the purchase of cash or cash equivalents, including casino chips, lottery tickets, or money orders), ATM disbursements, balance transfers, person-to-person money transfers, use of any Convenience Checks, interest on your Account, unauthorized or fraudulent charges, fees of any kind, overdraft protection transfers or credits. Certain exclusions apply. We will determine whether you have met the bank and process criteria on the last Monday of each calendar month, based on your deposit account status and processing activity over the thirty (30) calendar days prior to the immediately preceding Saturday. The KeyBank Rewards Program Terms and Conditions and Points Guide apply, are subject to change and can be found at https://www.key.com/small-business/banking/credit-cards/keybank-businesscash-rewards-mastercard-cardmember-agreement.html 5.The 0% introductory APR is valid for the first 6 billing cycles on Purchases and Balance Transfers and does not apply to Cash Advances. Thereafter, the variable APR for Purchases and Balance Transfers is 18.24% to 28.24% (depending on your creditworthiness). Balance Transfers must be made within 60 days of account opening for introductory APR to apply. The variable APR for Cash Advances is 28.24%. Cash Advance fee: 5%, $10 minimum. Convenience Check fee: 4%, $10 minimum. Cash Equivalent fee: 5%, $10 minimum. Balance Transfer fee: 4%, $10 minimum. Overdraft Protection Transfer fee: $0. There is a $0.50 minimum finance charge where interest is due. Foreign Transaction fee: 3% of each foreign purchase transaction in U.S. dollars. Transactions originating in Canada are excluded from this fee. 6. $600 offer is applied as a statement credit to your new Merchant Services account. To qualify for the offer, your Merchant Services account must meet the following requirements. The following requirements must be met: Establish a new Key Merchant Services Relationship. • A new merchant relationship is defined as a new, unique Tax ID brought to Key Merchant Services for a Merchant account. • Existing merchant relationships that add new locations (whether under same TIN or new TIN) are excluded from the offer. • Additional locations and multiple locations for a merchant relationship are excluded. • Merchant relationships that cancel or close accounts, and then reopen a new MID that would ordinarily qualify for the promotion are ineligible for the offer until at least one (1) year has elapsed since cancellation or account closure. Merchant Card Processing Requirements • Merchant account must process at least $5,000 in credit card and/or debit card volume within three (3) full months of processing once onboarded and the account must be open and active upon the payment date of the offer. • Telecheck, Gift Card, EBT, and Clover Check Acceptance volumes do not count towards the $5,000 credit card and/or debit card required volume. Merchant Services account must be in good standing. • Merchant account must be open and, at the time of offer payout, , have no ACH rejections or uncollected chargebacks. The offer period begins on 4/1/2025 and expires on 12/31/2025 at 11:59 p.m. (ET). The terms of this offer are subject to change or cancellation at any time, for any reason. Merchant Services is subject to credit approval and subject to terms and conditions of service agreement. Clover Go Hardware Only accounts are ineligible for the offer. Payment Facilitator relationships, Integrated Service Vendor relationships, and Independent Sales Organization relationships are ineligible for the offer. Potential Merchant Services customers who are referred to Key Merchant Services through business referral relationships are ineligible for the offer.
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