Key Cashback® Credit Card

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

SecurityCredit Score Monitoring, EMV Chip Enabled, Fraud Monitoring, Zero Liability, Alerts, Identity theft protection, Card Lock
Contactless PaymentsTap to Pay, Apple Pay, Google Pay
BenefitsFree credit score access, 24/7 customer service
Travel PerksAuto Rental Collision Damage Waiver

Rewards

1.5% cash back
All eligible purchases
1.5% cash back on purchases.
2% cash back
All eligible purchases
2% cash back for clients who bank and save with Key.

Interest Rates & Fees

Annual Fee$0
Foreign Transaction Fee3% of each foreign purchase transaction in U.S. dollars.
Regular APR19.24% to 26.24% (V) APR
Balance Transfers0% 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 StatusDateCredit ScoreBureauCredit Limit
Approved01/18/2020
773
Equifax
$32,500
Approved03/08/2021
794
Equifax
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Pros & Cons

Pros
  • No annual fee
  • Up to 2% cash back
Cons
  • No welcome bonus
  • Foreign transaction fee

What Are the Best Alternatives?

Citi<sup>®</sup> Double Cash Card
Citi® Double Cash Card

Rating

4.9

Rewards Range

1% to 2%

Annual Fee

$0

Wells Fargo Active Cash® Card
Wells Fargo Active Cash® Card

Rating

4.9

Rewards Range

2%

Annual Fee

$0

Citi Custom Cash® Card
Citi Custom Cash® Card

Rating

4.7

Rewards Range

1% - 5%

Annual Fee

$0

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