Human beings do tend to excel in a host of different areas, but truth be told, there remains little that we do better than growing on a consistent basis. This progressive approach, on our part, has already got the world to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the right goods. The same has grown increasingly evident over the recent past, and assuming one new fintech-themed development shakes out just like we envision, it will only make that trend bigger and better moving forward.
KeyBank has officially launched an assortment of new products and services to help people better navigate through their individual financial journeys. According to certain reports, the assortment begins from a relationship program, which allows clients to receive better rates on eligible deposit accounts and a flat 2% cashback on the Key Cashback® credit card. With no enrollment required, clients can access the program by just having one eligible KeyBank checking account that they use for 5 or more qualifying transactions a month. Next up, we have a Key Select Checking offering, a best-in-class and high reward checking solution that awards clients with multiple benefits, such as an annual cash bonus worth $100. Here, if you are to qualify, you would need to make qualifying direct deposits into your Key Select Checking account over 12 statement periods. Once you do so, though, you can also receive plenty other benefits, such as monthly fee waivers, lowered fees, and ATM benefits. Then, there is KeyBank’s new Immediate Funds service, which helps consumers and small business clients gain access to full deposit amounts instantly. Available for eligible mobile deposits, this particular functionality will ensure you can get the relevant funds without having to go through any processing time, and it will all be available at the expense of a 2% fee. You can, however, still opt for standard processing option and make the deposit free of charge. Hold on, we aren’t done yet, considering KeyBank has also launched a solution called Early Pay. As the name suggests, Early Pay will strive to let clients, who have eligible direct deposits in a KeyBank account, receive their funds up to two days early.
“At Key, we are on a continuing journey to make banking better for our clients. Our new products and services reinforce our commitment of helping our clients thrive while offering an easier, simpler and more rewarding relationship with us,” said Jeannie Fanning, Director of Relationship Growth at KeyBank. “We’re excited to empower our clients with enhanced products and tools, more digital capabilities, and customized support that provides further control over their personal financial paths.”
Among other new products and services, KeyBank has introduced a Key Secured Credit Card, which delivers a seamless access of credit at every user’s disposal, while simultaneously improving their spending habits through specialized education. Talk about offering easier credit, the institution has also brought out a KeyBank Neighbors First Credit initiative where it extends up to $5,000 to homebuyers purchasing a home in an eligible community, funds that may be used for closing and prepaid costs. Complementing these services is a hassle-free account with no maintenance service charges or minimum balance fees.
Founded almost 200 years ago, the KeyCorp uses the brand KeyBank National Association to provide deposit, lending, cash management, and investment services to individuals and businesses in 15 US states. Boasting a network of approximately 1,000 branches and approximately 1,300 ATMs, the organization also has the means to put forth sophisticated corporate and investment banking products like merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States. KeyCorp’s excellence in what it does can be validated by the fact that it currently has $195 billion in assets.
“We are a relationship bank that is committed to helping our clients thrive at every point in their financial journey. As we build client relationships, we build trust and create a community of support, accessibility, and financial mobility for all,” said Fanning.
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