KeyBank Hassle-Free account review

Updated

We all want to manage our personal finances quickly, conveniently and with little hassle. For these cases, KeyBank has arranged the Hassle-Free account, an online management tool that is an upgrade from a basic option and offers you less fees than usual, with no minimum balance.


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Commissions
Account management: $ 0
Check deposit: $ 0
Check writing: $ 0 No checkbook
Transfers: Consult
Advantage
Checkbook: No checkbook
Requirements
Minimum deposit: $ 10

Additional information of Hassle-Free account

What we know about the Keybank's Hassle-Free online checking account is that it aims to avoid the common drawbacks of these banking products.

For this reason, it has no monthly maintenance fee, does not include checks, does not require a minimum balance, does not charge you for overdrafts, nor does it give you interest on your monthly balances.

KeyBank Hassle-Free accountYou may be thinking, "So what does this checking account offer?" To streamline your transactions, this banking product includes a Mastercard debit card, mobile and online banking, and a host of other benefits:

  • You can deposit checks through the app, pay bills and pass money to family or friends.
  • The card has a security chip and includes Tap & Go technology for faster payments. Plus, you have the usual Mastercard brand benefits.
  • You have the opportunity to visit any of the 1,000 KeyBank branches and use the affiliated ATM networks (own and AllPoint) with 40,000 ATMs nationwide.

You should know that if you decide to close this checking account before the first 180 days, you will be charged a $25 fee. As for the expenses associated with this banking product, keep in mind the following:

  • Stop payment fee: $34
  • Minimum opening deposit: $10
  • Overdraft Protection Plan: $10
  • Non-KeyBank ATM usage: $2.5
  • Non-KeyBank foreign teller use: $5

It's possible that the KeyBank Hassle-Free account has what you really need to manage your personal finances more efficiently. If not, this same bank has other options, such as the Key Smart account or the Key Advantage, which does offer the ability to write checks.

Español: Cuenta KeyBank Hassle-Free