KeyBank Basic Business Checking

You must have received a personalized $500 Business Banking promotional offer letter directly from KeyBank. Open a new KeyBank Basic Business Checking® or KeyBank Business Reward Checking® account between 1/20/2026 and 12/18/2026 with the same business name and/or the same business address listed on your promotional offer letter. Make a total of $5,000 or more in deposits into your new qualifying checking account within 30 days of account opening. 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 day you first reach the $5,000 balance falls on a weekend or federal holiday, the 90-day maintenance period will begin on the next business day. If the final day of the 90-day maintenance period falls on a weekend or federal holiday, the previous business day’s end-of-day balance will be used to determine eligibility. If your new checking account balance falls below $5,000 at any time within the 90-day Balance Maintenance period, you 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. Account must not be closed at the time of gift payment. Offer is only available if the business entity (SSN/EIN) has not had a KeyBank business checking or KeyBank business savings account during the past 12 months. The minimum opening deposit for a KeyBank Basic Business Checking or KeyBank Business Reward Checking account is $25. 3 KeyBank Basic Business Checking The monthly Maintenance Service Charge of $5 for the KeyBank Basic account can be avoided if any of the following balance requirements are met during the monthly statement period as follows: The Average Ledger Balance in your KeyBank Basic Business Checking account was $1,000.00 or more during the monthly statement period; or The total of the following was $10,000.00 or more: 1) the combined cycle-to-date Average Ledger Balance in any combination of business checking (excluding certain business accounts opened for the benefit of others), business savings, and business certificates of deposit accounts within two business days prior to your KeyBank Basic Business Checking Account statement cycle date; and/or 2) the outstanding balance of all commercial loans and lines of credit including your Business Cash Reserve Credit Account(s) (excluding balances past due 60 days or more) as of no more than five business days prior to your KeyBank Basic Business Checking account statement cycle date. Additionally, if you are the sole owner of your business, the list of account balances that may be combined to avoid the monthly Maintenance Service Charge on your KeyBank Basic Business Checking Account includes all of the above business accounts and certain of your personal accounts as outlined below. You may avoid the monthly Maintenance Service Charge on your KeyBank Basic Business Checking Account if the following balance requirement is met: The total of the following was $10,000.00 or more: 1) the combined cycle-to-date Average Ledger Balance in any combination of personal and business checking, personal and business savings, and personal and business certificates of deposit accounts within two business days prior to your KeyBank Basic Business Checking Account statement cycle date; and/or 2) the outstanding balances of your standard consumer loan/line of credit balances (excluding balances past due 60 days or more) as of no more than five business days prior to your KeyBank Basic Business Checking Account statement cycle date. As used herein, “sole owner” means a natural person doing business as a sole proprietor and excludes separate legal entities such as corporations, partnerships, limited liability companies and not-for-profit enterprises. Standard consumer loan and line products including credit cards with KeyBank NA. Certain non-standard loans and lines of credit may not be included.