Keybank Cashback Credit Card Reviews and Comparison

The KeyBank Cashback Credit Card is a solid choice for those looking to earn rewards on their everyday purchases.

This card offers 1.5% cashback on all purchases, with no rotating categories or spending limits.

KeyBank also offers a sign-up bonus of $200 after spending $1,500 in the first 90 days.

The card has a variable APR of 13.99% to 23.99%, which is relatively competitive with other cashback credit cards.

You can redeem your points for cash-back in three different ways: statement credit, direct deposit, or paying yourself back for select purchases already made.

With the statement credit, you'll get a line item on your credit card statement that reduces your payment, making it a straightforward way to earn cash-back.

You can also choose to receive a deposit into your bank account with the direct deposit option, which is a convenient way to receive your cash-back rewards.

Here are the three ways to redeem your points for cash-back:

Each point is worth 0.2 cents, so for 10,000 points, you can redeem your points for $20 in cash-back.

The interest and fees associated with the KeyBank Cashback Credit Card are something to consider. The purchase interest rate is variable, which means it can change over time and is based on your credit score.

As of June 30, 2024, the median purchase APR for this card is 25.74%. If you have a credit score between 620 and 719, you can expect to pay around 25.74% interest on your purchases.

The comparison to other cards shows that this rate is average. If you have a credit score of 720 or higher, the median purchase APR remains the same at 25.74%.

It's worth noting that the purchase APR can go up or down based on the index listed in the card's details. If you're curious about how credit card interest is calculated, there's a link to learn more about it.

To give you a better idea of what to expect, here's a summary of the typical APRs for different credit scores:

The Key Bank Cashback Credit Card is a great option for those looking to save money on their everyday purchases. It offers a great introductory bonus offer.

With a low APR, you can enjoy your savings without worrying about high interest rates. This makes it a smart choice for those who want to keep their costs in check.

The card also has no annual fees, which means you can use it without breaking the bank.

Take a look at this: Will Closing Credit Cards Hurt Your Credit Score

The Key Cashback Credit Card is a great choice for those who want to save money on everyday purchases. It offers a great introductory bonus offer and no annual fees.

You'll earn rewards even if you don't spend a lot, making it a great option for those who want to save money without breaking the bank. However, to maximize your rewards, you need to have an open account with Keybank.

The KeyBank Business Rewards card is a solid choice for business owners who want to earn rewards on all qualified purchases. You'll earn 5 points per $1 spent, plus an additional 5 points per $1 spent on gas, restaurant, and telecommunication purchases.

Related reading: Indigo Cashback Rewards Card Credit Limit

With this card, you'll also get access to discounts for business software, including QuickBooks, TurboTax, and Intuit Payroll. Plus, you'll have access to a team of cybersecurity and ID theft resolution specialists online.

The Key Private Bank card is a great option for those who want to earn rewards on all purchases, without adhering to any bonus categories. You'll earn 10 points per $1 spent, and get access to unlimited airport lounges with LoungeKey.

This card also comes with a 0% introductory APR for the first 6 billing cycles, making it a great option for those who want to save money on interest charges.

If you're looking for a credit card rewards program that's worth your while, KeyBank's program is definitely worth a closer look. You can earn KeyBank Rewards Points, but let's take a closer look at what that means.

KeyBank Rewards Credit Cards are the cards that enable you to earn points, and we'll be exploring those in more detail later on. There are multiple cards to choose from, each with its own set of benefits and rewards.

For another approach, see: Usaa Cashback Rewards Credit Card

To earn more points, you'll want to know how to earn bonus KeyBank Rewards Points. We'll break down the ins and outs of the program so you can maximize your rewards.

Redeeming your points is just as important as earning them, so we'll cover how to redeem KeyBank Rewards Points in a way that gets you the most value.

Finally, we'll wrap up with some final thoughts on KeyBank's credit card rewards program and whether it's right for you.

The KeyBank cashback credit card offers a rewards program that's worth exploring. You can earn up to 5 points for every $1 spent on eligible purchases.

To give you a better idea of the rewards value, every 5 KeyBank rewards points are worth 1 cent when redeemed for cash back, which translates to 500 points being worth $1.

One of the standout features of the KeyBank Key2More Rewards Credit Card is the monthly bonuses. If you spend between $1,000-$1,999 in a calendar month, you'll receive a 25% bonus on the total purchase transaction points earned. Spend $2,000 or more, and you'll earn a 50% bonus.

Here's a breakdown of the rewards you can earn with the KeyBank Key2More Rewards Credit Card:

You can redeem your points for various rewards, including travel, shopping, event tickets, gift cards, cash back, and more. However, be aware that points expire 4 years after you earn them, so it's essential to redeem them regularly.

The KeyBank Business Rewards Credit Card offers an even more impressive rewards rate, with 10 points/$1 spent on gas, restaurants, travel, and telecom, and 5 points/$1 spent on all other eligible purchases.

To apply for the Key Cashback Credit Card, you need to meet the eligibility criteria. The card is a great fit for someone who already banks with Keybank.

You'll also need to have an open account with Keybank to maximize the rewards you earn with this card.

If you're considering applying for a cashback card, it's essential to weigh the benefits against your personal financial situation.

To maximize rewards, having an open account with the issuing bank is often a requirement.

You should apply for a cashback card if you already bank with the issuing bank, as this can provide exclusive benefits and rewards.

Even if you don't have an account, some cashback cards still offer great rewards, so it's worth exploring your options.

Ultimately, the decision to apply for a cashback card depends on your individual financial needs and goals.

To be eligible for Latitude, you'll need a certain score, which varies depending on your situation.

The score needed for Latitude is 50 or more.

You can check your score in the online application portal, where you'll also find information on how your score was calculated.