![]() To be eligible for relationship rates, you must bank with KeyBank and own at least one additional eligible KeyBank non-Checking account (“Plus 1 Account”). At any time after Account opening, you may be eligible for Relationship interest rates. The interest rate and APY for this Account may vary based on multiple factors including, but not limited to: your overall relationship with the bank as defined by other Accounts you have, the balances in all of your Accounts, Account location, Account usage and other bank services you use. There are no limits on the amount that the interest rate or APY may change. We may change the interest rate and APY at our discretion and as often as daily. This Account pays interest at a variable interest rate and rates may vary based on the balance in your Account. The Current Variable Interest Rate (without bonus rate) in the chart above reflects what your interest rate would be if the requirements were not maintained, or the 6 MONTH period expired today. ![]() As described above, when the requirements are not maintained and at the end of the 6 MONTH period following the Account opening date, the Bonus Interest Rate will return to the Current Variable Interest Rate (without bonus rate) in effect at that time. This variable APY is a composite APY calculated using the Bonus Interest Rate and the Current Variable Interest Rate (without bonus rate) shown above. The Bonus Interest Rate will be effective on the date that the requirements are met and will remain in effect until the end of the 6 MONTH period after the account opening date provided the above requirements are met. If your Key Select Money Market Account does not maintain a balance of $25,000 or more or you do not meet the above total relationship balance growth requirements, the account will return to the Current Variable Interest Rate in effect at that time until balance requirement of $25,000 or more in the account, and the total relationship balance growth requirements is met again. The Bonus Interest Rate shown above will be effective for a 6 MONTH period starting on the day the Key Select Money Market Savings Account is open if you maintain a balance of $25,000 or more and meet the total relationship balance growth requirements above. The account will qualify for the Bonus Interest Rate when at least one of the owners meets the total calendar monthly average relationship deposit balance growth. Key will confirm your total calendar monthly average relationship deposit balance growth by comparing your total calendar monthly average relationship balance each month versus the total monthly average relationship balance the last calendar month prior to opening this Key Select Money Market Account.Īny account owner of the Key Select Money Market Savings Account will be assessed individually for total monthly average relationship deposit balance growth based on the qualifying deposit accounts owned by that owner. Qualifying balances are limited by account ownership. The total calendar monthly average relationship balance is defined as the sum of all balances in any KeyBank personal checking, savings, money market or CDs accounts you own, excluding Health Savings Accounts and Retirement accounts. The initial total relationship balance is defined as the total calendar monthly average relationship balance in the month prior to the Key Select Money Market Savings Account opening date.
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