Key Cashback® Credit Card
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The Key Cashback® Credit Card is a cash back card designed for customers who want to earn a straight 2% cash back on purchases. However, there is a catch: to earn the 2% cash back, you have to have either a checking account with Key Bank and at least $1,000 in monthly deposits or a savings or investment account with a minimum daily balance of $1,000. You can open a Key Cash Back Card without a Key account, but you’ll earn 1.5% cash back on purchases. Either way, there’s no limit on how much you can earn, and no categories to worry about. We dive into the details and your approval odds in this Key Card review.
Our Rating
4.0/5.0
Welcome Offer
Annual Fee
$0
0% on Purchases
Reward Rate
1.5% to 2% Cash Back
0% on Balance Transfers
12
Features & Benefits
| Security | Credit Score Monitoring, EMV Chip Enabled, Fraud Monitoring, Zero Liability, Alerts, Identity theft protection, Card Lock |
| Contactless Payments | Tap to Pay, Apple Pay, Google Pay |
| Benefits | Free credit score access, 24/7 customer service |
| Travel Perks | Auto Rental Collision Damage Waiver |
Rewards
Interest Rates & Fees
| Annual Fee | $0 |
| Foreign Transaction Fee | 3% of each foreign purchase transaction in U.S. dollars. |
| Regular APR | 19.24% to 26.24% (V) APR |
| Balance Transfers | 0% Intro APR for 12 months on balance transfers, then 19.24% to 26.24% (V) APR after that. |
| Balance Transfer Fee | $10.00 or 4% of the amount of each transaction, whichever is greater. |
What Credit Score Is Required to Get the Key Cashback® Credit Card
The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use numerous factors in their underwriting process, and these factors can change at any time.
Lowest Approved Credit Score: 773
Average Approved Credit Score: 784
| App Status | Date | Credit Score | Bureau | Credit Limit |
|---|---|---|---|---|
| Approved | 01/18/2020 | Equifax | ||
| Approved | 03/08/2021 | Equifax |
Pros & Cons
- No annual fee
- Up to 2% cash back
- No welcome bonus
- Foreign transaction fee
What Are the Best Alternatives?
Citi® Double Cash Card - 18 month BT offer
Rating
4.9
Rewards Range
1% to 2%
Annual Fee
$0
Wells Fargo Active Cash® Card
Rating
4.9
Rewards Range
2%
Annual Fee
$0
Citi Custom Cash® Card
Rating
4.7
Rewards Range
1% - 5%
Annual Fee
$0