KeyBank CDs are available online, through the bank branches as well as through the KeyDirect online division. KeyDirect, however, provides bank products and services to existing clients only and does not accept new accounts.
KeyBank is based in Cleveland, OH and is now the 21st largest U.S. bank. KeyBank and related companies of KeyCorp, the parent company, provide retail and commercial banking, investment management, consumer finance, and investment banking products and services to individuals and corporations and government entities.
Standard KeyBank CDs have CD rates that are based on the term and the deposit amount. The bank CDs have four interest rate tiers, with varying interest rates paid based on the account holders balance. Bank CD account terms can range from 7 days to 10 years.
The bank CD accounts are FDIC insured up to the maximum allowable per account holder and account type. The KeyBank CD accounts earn interest that is compounded daily. The interest rates and deposited balances are fixed for the term of each account.
KeyBank offer stand alone CDs and CDs that have rates based on a relationship account or additional account with the bank. To qualify for a Key Bank certificate of deposit with relationship rates, the account holder must maintain a Key Advantage®, Key Privilege®, or Key Privilege Select checking account.
Key Bank CD rates for select terms with deposit amounts of $10,000.00 for non relationship accounts and relationship accounts include:
KeyBank 6 month CD rate 0.15% with relationship account CD rate is 0.25%
12 month CD rate 0.15% with relationship account CD rate is 0.25%
24 month CD rate 0.15% with relationship account CD rate is 0.55%
36 month CD rate 0.30% with relationship account CD rate is 0.80%
48 month CD rate 0.45% with relationship account CD rate is 0.95%
5 year CD rate 0.65% with relationship account CD rate is 1.15%
6 year CD rate 0.90% with relationship account CD rate is 1.40%
7 year CD rate 0.90% with relationship account CD rate is 1.40%
8 year CD rate 0.90% with relationship account CD rate is 1.40%
9 year CD rate 0.90% with relationship account CD rate is 1.40%
10 year CD rate 1.39% with relationship account CD rate is 1.90%
All CD interest rates and annual percentage yields listed are current as of today and are subject to change by the bank without notice. A penalty may imposed by the bank for early withdrawal of the principal deposited.
For additional assistance with KeyBank CDs and other deposit products call the bank direct at 1-800-539-9055.
The current CD rates from Key Bank range from a low rate of .10% to the highest CD rate of 2.25%. The best Key Bank CD rates require a relationship account with the bank in conjunction with the bank CD account; the relationship account can be a Key Advantage®, Key Privilege®, or Key Privilege Select checking account.
Key Bank CD rates are presently not be the highest CD rates available nationally or within the states that the bank operates, but they are an alternative and remain competitive with the average rates. The interest rates offered make the bank’s CDs a good investment option since they are a quick means to save money with a guaranteed rate of return that can be employed to invest money for a targeted uses or to hedge against other investments.
The Key Bank CD rates are offered in tiers. CD interest rates will vary with the balance on deposit on the CD account. Key Bank CD rate tiers start at $2,500.00 and increase to $10,000.00 and again up to $25,000.00 and finally to $50,000.00 before jumbo CD rate pricing starts at $100,000.00 and above.
Key Bank CD rates are also priced with a relationship account and without a relationship account with the relationship account CDs generally yielding a higher CD rate.
CD rates from Key Bank are based on the geographic location of the depositor. To view a sample of the bank CD rates the zip code in New York of 11225 was used. The following New York CD rates from Key Bank are a sample of what is available from the bank.
All of the listed CD rates are for deposits of $2,500.00 and require a relationship account.
6 month CD rate is .20% with the relationship bank account
11 month NY CD rate is .55%
1 year CD rate is .20%
19 month CD rate in New York is .90%
2 year CD interest rate with other account is .85%
3 year bank rate is 1.10%
4 year bank CD rate is 1.60%
5 year CD rate is 1.85%
All CD interest rates and annual percentage yields listed are accurate today but are subject to change without notice by the bank.
Key Bank’s website, Key.com, offers CD interest rates directly to consumers and businesses in 14 states including AK, CO, CT, ID, IN, KY, ME, MI, NY, OH, OR, UT, VT, or WA. While the Key Bank CD rates listed were for rates in NY, a quick glance at the other geographic areas served by the bank indicate that the Key Bank CD rates in WA, Key Bank CD rates in IN, Key Bank CD rates in OH, Key Bank CD rates in MI, Key Bank CD rates in CT and Key Bank CD rates in CO, CD rates in OR, CD rates in ME, CD rates in ID, CD rates KY, CD rates in UT, CD rates in VT and CD rates in AK were all the same.
Key Bank is one of the top 20 largest banks is the US. For current CD rates and additional account information, the bank can be reached directly at1-800-539-9055.
Key Bank offers many different savings and deposit products including savings account, money market accounts and certificate of deposits (CDs). Key Bank CD rates are location specific; Key Bank CD interest rates in New York may not be the same as Key Bank CD rates in Ohio.
Key Bank CDs are not only marketed with a variety of terms and CD rates but have interest rates that are paid based on a tiered deposit structure and offer higher yields for accounts that combine a Key Bank CD with a checking account.
The tiered balance on the bank CDs offers four different interest rate tiers, each based on the balance held in the Key Bank CD. The bank CD terms range from 6 months to 10 years.
The Key Bank certificates of deposit with relationship accounts or Relationship Reward, as they are referred to by the bank, are bank certificates of deposit that generally offer a premium interest rate for account holders that also have a checking account relationship along with the CD. Key Bank CD account holders will receive a premium interest rate if they also hold a Key Advantage®, Key Privilege®, or Key Privilege Select checking account.
All of these Key Bank CD rates and terms are fixed for the term of the account and the CD interest earned is compounded daily. The minimum balance to open the Key Bank CDs is $2,500.00.
The current CD rates in Ohio for the standard and relationship based Key tiered CD accounts for balances of $10,000.00 include:
60-89 day CD rate in OH is 0.10%, the rate with a relationship account remains at 0.10%.
120-149 day Key Bank CD interest rate is 0.10% and increases to 0.20% with a relationship account.
6 month CD rate is at 0.15% without the relationship account and 0.25% with an account.
1 year CD rate is also at 0.15% without relationship and 0.25% with it.
A 19 month CD from Key Bank jumps to 0.65% for the standard CD and 1.15% for a CD with a relationship checking account.
A 39 month Key Bank CD rate is 0.90% with no relationship and 1.40% with a relationship account.
A 4 year CD interest rate in Ohio from Key is at 1.65% without and 2.15% with relationship.
These are some of the highlights for the best CD rates offered in Ohio from Key Bank. Key Bank offers numerous other options including different rates, terms and required balances.
Key Bank also offers Jumbo CDs for balances over $100,000.00 for more on Jumbo CD rates see the SelectCDrates.com Jumbo CD rates page.
To learn more about Key Bank CD rates in Ohio or the bank’s current CD rates as well as additional bank account information, a bank representative can be reached at 888-539-1234.