KeyBank Basic Business Checking or Key Business Reward Checking bonus: is $500 worth it?
What it adds over what your cash earns now, tier by tier. Change the rate to yours.
Yearly rate on $5,000 while it's there, bonus included.
The math
Compared with leaving $5k at 4.15%
Deposit $5,000 in new money within 30 days · Keep $5,000 there until day 90. Terms checked Oct 10, 2026.
About this bonus
What it takes
- 1Deposit $5,000 in new money within 30 days
- 2Keep $5,000 there until day 90
- Ends
- Dec 18, 2026
- Where
- 15 states: AK, CO, CT, ID, IN, MA, ME, MI, NY, OH, OR, PA, UT, VT, WA
- Monthly fee
- None
- Cash stays
- About 90 days
- Bonus paid
- Usually within 60 days of finishing
- Credit check
- A ChexSystems inquiry (not your credit score)
Similar bonuses
The same kind of account, ranked by what each adds at 4.15%.
Questions
Is the KeyBank Basic Business Checking or Key Business Reward Checking bonus worth it?
At 4.15%, about what T-bills or a money market fund pay (as of Oct 12, 2026), the $5,000 tier adds +$449: the $500 bonus, minus the $51 that cash would have earned in 90 days. At a different rate the answer changes; the calculator on this page works it out for yours.
What are the requirements?
Deposit $5,000 in new money within 30 days; keep $5,000 there until day 90. Open to residents of AK, CO, CT, ID, IN, MA, ME, MI, NY, OH, OR, PA, UT, VT, WA.
When does it end?
The offer ends Dec 18, 2026. The terms were last checked Oct 10, 2026.