How to waive the monthly fee at KeyBank

Accounts that list $0

Opened 17 October 2026. These figures are from KeyBank's checking account options. As of that page, Key Smart Checking lists a monthly maintenance fee of $0, no minimum balance, and no interest. The bonus footnote on that page lists a minimum opening deposit of $10 for the offer it describes. Do not treat a new-account bonus as the monthly fee.

KeyBank Hassle-Free Account also lists a $0 monthly fee and no minimum balance. Key says it is checkless, it does not pay interest, and it is not eligible for Allpoint. A $0 monthly line on one of those two accounts matches what the page prints. A different Key account can still charge a fee.

Key Select Checking is $25 unless a waiver applies

Key Select Checking lists a $25 monthly maintenance fee. Key says that fee is waived for the first 3 statement cycles. After that, the page says the fee is waived if either of these was true during the statement cycle. One: the combined balance in checking, savings, CDs, retirement deposit accounts, and Key Investment Services LLC (KIS) accounts was $15,000 or more. Two: eligible direct deposits totaled at least $3,000.

Select Checking is interest bearing. The rates note on the same page, for zip 44114, listed 0.05% APY across the tiers it showed, with a $50 minimum to open, and said the rate is variable. A blank rate box on a later visit is not a rate this guide will invent. Match the account name on the statement before you use the $25 figure.

Lines that are not the monthly fee

Key Coverage Zone: the page says there is no overdraft fee if the account is overdrawn by $20 or less at the end of the day. The overdraft item charge is $20 per item, with a maximum of 3 items and $60 per day, and a cap of 20 charges per statement period. An extra $20 recurring overdraft applies if the account stays overdrawn by more than $20 for 5 consecutive business days. If you did not opt in, Key says it does not charge overdraft fees on ATM withdrawals or one time debit card purchases.

Allpoint: no surcharge at KeyBank ATMs. Allpoint with a KeyBank Debit Mastercard is for eligible personal checking, and Hassle-Free is the account the page leaves out. The phone on the page is 1-800-KEY2YOU (1-800-539-2968). Online apply on that page is for people 18 or older who are US citizens and residents of the states the page lists. A debit card is 5 to 7 days after the initial deposit. Checks are 10 to 14 days.

If the statement does not match

Read the account name first. Then look for monthly maintenance fee. Write the date and the amount. A $25 line on Smart Checking or Hassle-Free does not match the $0 those pages print. A $25 line on Select Checking can be the fee when neither waiver was met. A $20 line can be an overdraft item, not the monthly fee. US overdraft fees by bank is the wider overdraft page. US monthly checking fees is the dollar table for other banks.

Upload the statement on Expenvo. The PDF stays on your device. Expenvo lists the fee lines it can read. It does not call KeyBank. Use the number on your statement if it disagrees with this page.

Questions

Does every KeyBank checking account charge $25 a month?

No. The options page lists $0 for Key Smart Checking and for the Hassle-Free Account. Key Select Checking lists $25, waived for the first 3 statement cycles, then waived with a $15,000 combined balance or $3,000 in eligible direct deposits.

What is the $20 KeyBank line if it is not the monthly fee?

The same page lists a $20 overdraft item charge, up to 3 items and $60 a day, and a cap of 20 charges per statement period. There is no overdraft fee if the account is overdrawn by $20 or less at the end of the day.

Does Hassle-Free include Allpoint?

No. Key says the Hassle-Free Account is not eligible for Allpoint. Allpoint with the KeyBank Debit Mastercard is for other eligible personal checking accounts.

Sources

• KeyBank: checking account options

Related guides

• US bank fees on a statement
• US monthly checking fees
• Read a statement PDF