As of June 2015, some features of a various KeyBank checking accounts include no overdraft fees, no minimum deposit amount and no monthly debit card fees. There are a few different checking accounts to chose from, and each type of account features different benefits.
For people who open a KeyBank Hassle-Free account, the benefits include a no-monthly-fee debit card and online banking. Customers with a Hassle-Free account make deposits for free via direct deposit, using the KeyBank mobile app, or using a KeyBank ATM. There are no overdraft fees, and this account does not allow the use of paper checks. Adult account-holders can request a debit card for a minor child between the ages of 13 and 17 years.
The Key Express Checking account features unlimited use of KeyBank ATM locations nationwide and no monthly debit-card fee. There is no minimum balance required, and the bank does not charge a fee for using the debit card for purchases.
Customers who open a Key Coverage Checking Account receive a waiver of their first two overdraft or return item fees each month. Additionally, the bank does not charge an overdraft fee if the account is overdrawn by $10 or less and charges a reduced overdraft fee for overdrafts in amounts of $10.01 to $100.