Rate updated · 64 banks tracked

KeyBank savings account rate: 0.02% APY

KeyBank pays 0.02% on its savings account — ranking in the bottom quartile of the 64 banks SwitchWize tracks, where the best available rate is 4.10%. (Updated August 22, 2026.)

Is KeyBank a good savings rate? Not really. At 0.02% it trails the 4.10% best available rate, leaving about $1,021 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 $1,026/yr at the field leader — a $1,021/yr difference.

See your exact number →

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 August 22, 2026, based on rates SwitchWize tracks across 64 banks.

Is KeyBank's savings rate good?

KeyBank's 0.02% ranks in the bottom quartile of tracked banks. The best available rate is 4.10% and the FDIC national average is 0.38%.

Which banks pay more than KeyBank?

Higher-paying tracked options include usbank, washington savings bank, first citizens. 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.