KeyBank Preferred Credit Line

KeyBank Preferred Credit Line

in Personal Lines of Credit from KeyBank National Association


KeyBank Preferred Credit Line


in Personal Lines of Credit from KeyBank National Association

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend KeyBank Preferred Credit Line to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Loan Amount $250 - $50,000
APR  (Variable APR) 9.24% - 24.24%

KeyBank Preferred Credit Line Review

KeyBank Preferred Credit Line is offered by KeyBank National Association, a bank founded in 1929 and based in Cleveland, OH. KeyBank Preferred Credit Line is available in 15 states across the USA.

KeyBank Preferred Credit Line FAQ

What APRs does KeyBank Preferred Credit Line offer?

KeyBank Preferred Credit Line offers a variable APR product that ranges from 9.24% APR up to 24.24% APR.

Does KeyBank Preferred Credit Line charge an origination fee?

No, KeyBank Preferred Credit Line does not charge an origination fee.

An origination fee is what some lenders charge for processing, underwriting, and funding a line of credit. These fees can range from 0.5% to 5% of the line of credit amount. Whenever possible, go with lenders that don’t charge origination fees.

Does KeyBank Preferred Credit Line charge a cash advance fee?

Yes, KeyBank Preferred Credit Line may charge a fee of up to 10% of the amount of each cash advance. .

Does KeyBank Preferred Credit Line charge a late fee?

Yes, KeyBank Preferred Credit Line may charge borrowers a late payment fee of up to $35 .

How much can you borrow via KeyBank Preferred Credit Line?

Upon approval and based on your credit worthiness, your KeyBank Preferred Credit Line personal line of credit will be assigned a credit line of at least $250 and as much as $50,000. .

KeyBank Preferred Credit Line Fees
Cash Advance Fee up to $10.
Origination Fee N/A
Prepayment Fee? No
Late Payment Fee $35

What do you need to qualify for KeyBank Preferred Credit Line?

KeyBank Preferred Credit Line does not require or does not disclose a credit score minimum. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

KeyBank Preferred Credit Line does not have or does not disclose a minimum annual income eligibility requirement. KeyBank Preferred Credit Line only considers borrowers who are employed. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via KeyBank Preferred Credit Line. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by KeyBank Preferred Credit Line. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

  • Applicants must have an active and valid personal checking account
  • Driver's license
  • Proof of identity

What is the estimated funding time for a personal line of credit via KeyBank Preferred Credit Line?

KeyBank Preferred Credit Line will typically provide a credit approval decision in less than an hour and fund the line of credit within 7 business days .

Does KeyBank Preferred Credit Line report your account activity to credit bureaus?

KeyBank Preferred Credit Line reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit.

How to apply for KeyBank Preferred Credit Line

  • Visit the KeyBank National Association website.
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
  • Check the information is accurate and submit your application.
SuperMoney Disclosure: is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
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.


  • Headquarters
  •   127 Public Square
    Cleveland, OH 44114 USA
  •   Visit Site

Other Services by KeyBank National Association


  Available in 15 states
  • Alabama
  • Colorado
  • Connecticut
  • Idaho
  • Indiana
  • Maine
  • Massachusetts
  • Michigan
  • New York
  • Ohio
  • Oregon
  • Pennsylvania
  • Utah
  • Vermont
  • Washington

Feature Breakdown

No Origination Fee  
No Prepayment Fee  
Annual Fee $50
Cash Advance Fee (%) Up to 10%
Late Fee Amount $35
Minimum Payment $20
Checking Account Required  
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Retired
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Joint Loan Applications Accepted Cosigner
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Minimum Age 18
Verification Documents Required
  • Proof of Identity
  • Driver License (or other photo ID)
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Funding Time Range 1 - 7 days
Payment Options
  • Automatic Payments
  • Check by mail
  • Credit/Debit Card
APR (Variable APR) 9.24% - 24.24%
Loan Amount $250 - $50,000

Be the first to rate


Would you recommend KeyBank Preferred Credit Line to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)



-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Other Personal Lines of Credit