KeyBank Key Silver Money Market Savings Account is no longer available to new customers on SuperMoney. Click here to compare and quickly find the best options for your needs.
Last Updated: 04/18/2025
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KeyBank Key Silver Money Market Savings Account
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Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.1% - 0.45%(Verified 06/21/2024)
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Minimum Balance to Earn APY
$0
Minimum Opening Deposit
Starting at $50
KeyBank Key Silver Money Market Savings Account Review
KeyBank Key Silver Money Market Savings Account is no longer available to new customers on SuperMoney. Click here to compare and quickly find the best options for your needs. |
KeyBank Key Silver Money Market Savings Account is offered by KeyBank, a financial services company founded in 2009 and based in Cleveland, OH. KeyBank Silver money market savings are available in 50 states and Washington, DC.
Key Takeaways
- Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 0.45%, which is much higher than the national average for a money market account.
- No APY minimum balance. There is no minimum amount you have to deposit to start earning interest with this money market account.
- Charges a monthly fee. This account charges a monthly fee of $12, but the fee may be waived if you keep a minimum balance of$5,000.
- Small minimum initial deposit. You only need $50 to open an account.
Pros & Cons of KeyBank Key Silver Money Market Savings Account
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KeyBank Key Silver Money Market Savings Account FAQ
Are money market accounts from KeyBank federally insured?
Yes, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What are the interest rates for KeyBank Silver money market savings rates?
KeyBank Silver money market savings offers an APY starting at 0.1% and ranging up to 0.45% (APY stands for annual percentage yield, rates may change).
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.1% - 0.45% |
What are the fees for KeyBank Key Silver Money Market Savings Account?
This account charges a monthly maintenance fee of up to $12. You can avoid this fee by maintaining a balance of $5,000.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Maintenance Fee | $12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for KeyBank Silver money market savings?
Minimum deposit of $50. You must make an initial deposit of at least $50 to open this account.
Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $5,000.
What features and perks does KeyBank Silver money market savings offer?
This account includes the following features:
- Check Writing - KeyBank Silver money market savings includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
- Fraud monitoring - KeyBank monitors transactions for potentially fraudulent activity.
What is the customer service phone number?
The customer service number for this account is (800) 539-2968.
How to open an account with KeyBank
- Visit the KeyBank website.
- Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
- Check the information is accurate and submit your application.
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
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APY (Annual Percentage Yield)
2.41% - 2.92%
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Minimum Balance to Earn APY
$25K
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Minimum Opening Deposit
$5K
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