KeyBank: What is it and what products do they offer?


KeyBank is a relatively new financial institution with headquarters based in Ohio. With assets of over $90 billion, the bank provides personal, commercial, and investment banking options and products as well as investment management. Key Bank financial institutions are found in 12 states across the country, with over 1,000 branches providing full services. Key Bank offers a variety of rewards options when it comes to rewards cards.

KeyBank not only offers Rewards cards, but a variety of options including checking account options to help you earn points and redeem rewards.

Types of KeyBank Rewards Cards

KeyBank Key2More Rewards MasterCard
• KeyBank Platinum MasterCard
• KeyBank Private Bank MasterCard
Business Rewards MasterCard

There is no monthly cap on the amount of points you can earn although some of the cards do require qualification for bonus points as well as enrolling in checking accounts. All of the KeyBank Rewards cards do require that the credit card be enrolled in order to benefit from the rewards program.


The benefits associated with the rewards cards range from one point for every dollar spent to 10 points for every dollar spent. For example, the KeyBank Key2More Rewards MasterCard offers five points for every dollar you spend as well as bonus points. Bonus points amount to 25% of total purchase transactions points earned within a month, and 50% of total purchase transaction points that you can earn every calendar month.

The KeyBank Platinum MasterCard offers one point for every dollar spent, while the Business Rewards MasterCard offers five points for every dollar spent. The KeyBank Private Bank MasterCard offers 10 points for every dollar spent.

You can spend your reward points on a variety of items from cash or gift cards, for travel expenses (which also includes hotel and airfare when you book online) merchandise, charities, and cruises.

KeyBank Rewards cards give consumers a variety of choices and options for redeeming points a little bit at a time, or all at once.

Annual Percentage Rates and Fees

Rates and fees attached to the rewards cards differ depending on which card you receive, such as follows:

• Key2More Rewards MasterCard – introductory 0% APR for the first six months. After that, a variable APR of 11.99% to 21.9%
• KeyBank Platinum MasterCard – 0% APR for the first year, after which variable interest rate of 10.99% 20.99%
• Business Rewards MasterCard – 0% APR for the first six months. After that, APR between 11.99% and 21.99%
• MasterCard Business credit card – 0% APR for the first six months, after which the APR ranges between 10.99% and 20.99%

Annual fees

The Key2More Rewards MasterCard and the Platinum card are two rewards cards that don’t have annual fees. Neither does the Business Rewards MasterCard or the Business Rewards MasterCard. Compare KeyBank Rewards cards to determine which is best for your needs.

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