KeyBank is having a checking account promotion where you get a $150 bonus for opening a free checking account and a $200 bonus for opening a checking account that has monthly fees. To get the bonus you need to open a checking account by April 30th, 2010, make 1 debit card purchase, and receive 2 direct deposits of at least $100 by July 2nd, 2010. Here’s a link to the promotional page.
To get the bonus you also have to join the KeyBank Rewards debit card program which has a $20 annual fee that’s waived for the first year. Just be sure to cancel it at some point if you don’t want to pay the $20 the next year. If you close your account within 180 days of opening it you’ll be charged a $25 early closure fee. The promotion is also only available in
The promotion FAQs has some important points including who’s eligible: Cleveland, Eastern OH, Idaho, Western NY, Oregon, Seattle Cascades, South Puget Sound, Central NY, Rochester, Maine, Northwest OH, Michigan, and Capital Region NY.
If you own a business, KeyBank is also offering a business checking account promotion for $275.
KeyBank doesn’t do a hard credit pull, but uses ChexSystems to check on applicants. KeyBank is a FDIC insured bank.