Axos Bank vs KeyBank
Axos Bank is a full-service online bank with excellent cashback and interest checking. How does it compare to KeyBank? Read our comparison chart below.
Axos Bank offers a range of checking and savings products. Checking options includes a up-to 1% cashback account and rewards checking account with a higher interest rate. Savings options include savings accounts and CDs with higher-than-average rates. All accounts have no monthly service fees.
While KeyBank has over 1,000 branches in 15 states. It offers a range of checking and savings accounts. Some relationship products offer perks like lower loan rates and higher savings APY. Key Bank has higher monthly service fees and heavier requirements to waive, but there is a free checking option.
Compare Axos Bank with KeyBank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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| Learn More | Visit Site | |
Axos Bank | KeyBank | |
|---|---|---|
Rewards Checking - Up to 3.30% APY - | Key Smart Checking® - $300 Bonus - | |
Benefits and Features | ||
| Savings | 0.61% APY (balances under $25k); 0.25% APY ($25K-$100K); 0.15% APY ($100k and over) | 0.01% APY. $10 minimum opening deposit. $4 monthly maintenance fee unless you are an owner of a KeyBank consumer checking account (including the KeyBank Hassle-Free Account). |
| CD | 0.20% APY. Terms of 3 months to 5 years. $1,000 minimum | Standard Term CD: 0.05% APY. Terms of 7 days to 10 years. Minimum deposit of $2,500. |
| Checking | Rewards Checking: Up to 3.30% APY Cashback Checking: Up to 1% cashback | |
| Money Market | 2.02% blended APY on balances of $25,000 or more. $5,000 minimum opening deposit. Monthly maintenance charge of $20. Can be waived with $25,000 daily balance OR having a relationship package checking account. | |
| Mobile App | ||
| ATMs | approximately 91,000 partner ATMs | 40,000+ KeyBank and Allpoint ATMs nationwide |
| Customer Service | Telephone Service available 24/7 | |
| Locations | 1,000+ branches in 15 states: Alaska, Colorado, Connecticut, Idaho, Indiana, Maine, Massachusetts, Michigan, New York, Ohio, Oregon, Pennsylvania, Utah, Vermont, and Washington. | |
CreditDonkey® Reviews | ||
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| Savings |   |  |
| CD | | |
| Checking | | |
| Money Market | | |
| Mobile App | | |
| ATMs | | |
| Locations | | |
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| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Full-service online bank with excellent cashback and interest checking... | Bank with a variety of deposit products and great financial tools... |
| Learn More | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Axos Bank: Pricing information from published website as of 09/27/2024. KeyBank: Pricing information from published website as of 06/02/2025 based on 44114 zip code. | ||
Rewards Checking - Up to 3.30% APY
- Build your own APY with up to 3.30% APY*
- Zero monthly maintenance fees
- Zero overdraft or NSF fees
- Zero minimum monthly balance reqs
- No initial deposit requirement
- Unlimited domestic ATM fee reimbursements
- Online debit card management
- Simple, 3-step process for direct deposit
Axos ONE - Earn up to 4.66% APY
- Earn up to 4.66% APY* on savings, and 0.51% APY* on checking when you meet requirements.
- Get your money up to 2 days early.
- No monthly maintenance, minimum balance, account opening, or overdraft fees.
Basic Business Checking - Up to $400 Bonus
- Business owners get up to $400 welcome bonus!* Open a business checking account by September 30 and get up to $400 when you use promo code NEW400 on your application.*
- No initial deposit requirement
- No minimum balance requirement
- No monthly maintenance fees
- Free domestic incoming wires. Two (2) outgoing domestic wire fees reimbursed per month.
- Unlimited domestic ATM fee reimbursements
- Unlimited item processing (debits, credits, and deposited items)
- Cash deposits via MoneyPass and AllPoint networks
Key Smart Checking® - $300 Bonus
- Open a Key Smart Checking® account online by October 17, 2025.
- Make the minimum opening deposit of $10, plus a total of $1,000 or more in eligible direct deposits within the first 90 days of account opening.
- Your $300 cash bonus will be deposited into your account within 60 days of meeting requirements. Account must not be closed at the time of gift payment.
Which is Better: Axos Bank or KeyBank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Axos Bank or Bank of America.
In short: Axos Bank's savings, checking, and money market are notable. In particular, the checking is excellent.
Articles on Axos Bank
Axos Bank Review
Axos Business Checking
Articles on KeyBank
KeyBank Review
Key Bank Routing Number
Which Do You Think is Best?
Which Bank Account is Right for You?
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