Rate updated · 103 banks tracked

KeyBank savings account rate: 0.02% APY

KeyBank pays 0.02% on its savings account — ranking in the bottom quartile of the 103 banks SwitchWize tracks, where the best available rate is 4.28%. (Updated July 3, 2026.)

Is KeyBank a good savings rate? Not really. At 0.02% it trails the 4.28% best available rate, leaving about $1,066 a year on the table on a $25,000 balance.

The gap, in your dollars

At 0.02%, $25,000 earns $5/yr here versus $1,071/yr at the field leader — a $1,066/yr difference.

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Higher-paying alternatives we track

Rates subject to change. Verify before switching.

Is it safe to switch? Any FDIC-insured bank carries the same federal deposit protection — the same coverage big banks carry. Verify KeyBank and alternatives →

Frequently asked questions

What is KeyBank's savings account interest rate?

KeyBank pays 0.02% APY on its savings account as of July 3, 2026, based on rates SwitchWize tracks across 103 banks.

Is KeyBank's savings rate good?

KeyBank's 0.02% ranks in the bottom quartile of tracked banks. The best available rate is 4.28% and the FDIC national average is 0.38%.

Which banks pay more than KeyBank?

Higher-paying tracked options include citi, citibank, bank of america. Compare rates at /banks to find the best current option.

General information only. Rates change frequently; verify directly with the institution before making financial decisions. SwitchWize is not a bank and does not provide financial advice.