KeyBank vs Bank of America
KeyBank is a bank with a variety of deposit products and great financial tools. How does it compare to Bank of America? Read our comparison chart below.
KeyBank has over 1,000 branches in 15 states. It offers a range of checking and savings accounts. Some relationship products offer perks like lower loan rates and higher savings APY. KeyBank has higher monthly service fees and heavier requirements to waive, but there is a free checking option.
While Bank of America is one of the largest banks in the U.S. with approximately 3,700 locations and 15,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.
Compare KeyBank with Bank of America, side-by-side. Read on for an in-depth look, including ratings and reviews.
 |  | |
| Visit Site | Learn More | |
KeyBank | Bank of America | |
|---|---|---|
Key Select Checking® - $500 Bonus - | Bank of America Advantage Plus Banking® - Up to $500 Bonus Offer | |
Benefits and Features | ||
| Savings | 0.01% APY. $10 minimum opening deposit. $4 monthly maintenance fee unless you are an owner of a KeyBank consumer checking account. | Bank of America Advantage Savings Standard Rate: 0.01% APY |
| CD | Standard Term CD: 0.05% APY. Terms of 7 days to 10 years. Minimum deposit of $2,500. |
|
| Checking |  | |
| Money Market | 1.90% blended APY on balances of $25,000 or more. $5,000 minimum opening deposit. Monthly maintenance charge of $20. Can be waived with $25,000 daily balance OR having a relationship package checking account. | |
| Mobile App | ||
| ATMs | 40,000+ KeyBank and Allpoint ATMs nationwide | |
| Customer Service | Telephone Service available 24/7 |
|
| IRA CD | | |
| Locations | 1,000+ branches in 15 states: Alaska, Colorado, Connecticut, Idaho, Indiana, Maine, Massachusetts, Michigan, New York, Ohio, Oregon, Pennsylvania, Utah, Vermont, and Washington. | |
CreditDonkey® Reviews | ||
| | |
| Savings |   | |
| CD |  | |
| Checking | | |
| Money Market | | |
| Mobile App | | |
| Customer Service | | |
| Pros & Cons | Pros:
| |
| Bottom Line | Bank with a variety of deposit products and great financial tools... | |
| Visit Site | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. KeyBank: Pricing information from published website as of 06/03/2026 based on 44114 zip code. Bank of America: Pricing information from published website as of 05/26/2026 based on 91107 zip code. | ||
Key Select Checking® - $500 Bonus
Earn $500 after qualified activities until 12.11.26 with interest-bearing Key Select Checking®.
- Open a Key Select Checking® account online by December 11, 2026.
- Make the minimum opening deposit of $50 and make a total of $5,000 or more in eligible direct deposits within the first 90 days of account opening.
- Your $500 cash bonus will be deposited into your account within 60 days of meeting requirements. Account must not be closed at the time of gift payment.
Key Smart Checking® - $300 Bonus
Earn $300 after qualified activities until 12.11.26 with the no-monthly-maintenance-fee Key Smart Checking®.
- Open a Key Smart Checking® account online by December 11, 2026.
- Make the minimum opening deposit of $10 and a total of $2,000 or more in eligible direct deposits within the first 90 days of account opening.
- Your $300 cash bonus will be deposited into your account within 60 days of meeting requirements. Account must not be closed at the time of gift payment.
Bank of America Advantage Plus Banking® - Up to $500 Bonus Offer
- New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. See offer page for more details
- Bank of America N.A. Member FDIC.
Bank of America Advantage Relationship Banking® - Up to $500 Bonus Offer
- New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. See offer page for more details
- Bank of America N.A. Member FDIC.
Bank of America Advantage SafeBalance Banking® - $100 Bonus Offer
- New checking customers only: Get a $100 bonus offer after completing qualifying transactions. See offer page for more details
- Bank of America N.A. Member FDIC.
Which is Better: KeyBank or Bank of America?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing KeyBank or Chase.
Articles on KeyBank
KeyBank Review
Are you looking for a no-frills checking account or maybe a bank that offers relationship banking services/interest rates? You may have found your fit with KeyBank.
Key Bank Routing Number
Looking to transfer money in or out of your KeyBank checking or savings account? Find your KeyBank routing number and learn more about money transfers in our guide.
Articles on Bank of America
Bank of America Review
Bank of America is a national bank with many account options and user-friendly online banking. But does this convenience come at a cost? Read on.
Bank of America Problems
Bank of America may be one of the biggest banks, but many customers find a lot of issues with their banking services. What are they? Keep reading.
Bank of America CD Rates
Bank of America is one the biggest banks in the U.S. But are their CD rates worth it? Read on to find out.
How to Close a Bank of America Account
Want to close your Bank of America account? Learn how and what you need to do before you close your account.
Bank of America Hours
Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.
Bank of America Routing Number
Find your Bank of America routing number and learn about money transfers in our guide.
Which Do You Think is Best?
Which Bank Account is Right for You?
You Might Also Like
Best Bank for Small Business
Discover the top 10 banks for small businesses. Unlock your business' potential with the best bank
Largest Banks in the US
A list of the largest banks in the US was released. Which banks came out on top? Read on to find out, plus the benefits of working with a big bank.
Checking Account Bonuses in Washington
Compare the best checking account bonuses in Washington. See which banks offer cash bonuses for opening a new checking account — updated monthly.
Checking Account Bonuses in Ohio
Compare the best checking account bonuses in Ohio. See which banks offer cash bonuses for opening a new checking account — updated monthly.
Best Banks for Small Business in Washington
Running a small business in Washington? Chase, Umpqua Bank, and Bluevine are some of the top banks for Washington's local small business owners.
Next Page: KeyBank Review
