Americans Can Claim A $300 Cash Bonus From A Major US Bank With A Special Code Before The August 22 Deadline

For many Americans, banking promotions are a great way to earn extra cash while opening a new account.

In August 2025, one of the largest regional banks in the United States, Key Bank, is offering customers a $300 cash bonus if they complete a few easy steps before the official deadline.

This limited-time offer is designed to attract new checking account customers, but the requirements are very specific.

Below, we break down the eligibility, important deadlines, and how to secure this cash bonus, along with a look at similar promotions from other major U.S. banks.

How the Key Bank $300 Cash Bonus Works

Key Bank’s promotion is simple to understand, but customers need to carefully follow the rules. To unlock the $300 bonus, applicants must:

1. Open a Key Smart Checking account online before the deadline of August 15, 2025.
2. Make a minimum opening deposit of $10 when creating the account.
3. Deposit at least $2,000 in new money within the first 90 days of opening the account.
4. Keep the checking account open and active for at least 90 days.
5. Enter the promo code KDMA0625 while applying to ensure eligibility.

Once these conditions are met, Key Bank will deposit the $300 bonus into the customer’s account within 60 days.

This makes it a straightforward way for new customers to earn extra money, provided they can meet the funding requirements.

Key Dates and Deadlines

The Key Bank promotion is time-sensitive. Missing the deadline could mean losing the opportunity to earn the cash reward.

Requirement	Deadline
Account opening with promo code	August 15, 2025
Minimum deposit ($10)	At account opening
$2,000 in new deposits	Within 90 days of account opening
Keep account open	90 days minimum
Bonus payout	Within 60 days after requirements

Why Banks Offer These Bonuses

Cash bonuses like this are part of banks’ customer acquisition strategies. By offering upfront rewards, banks attract new customers who may later use additional services such as savings accounts, credit cards, or loans.

For customers, these offers provide real cash incentives for actions they might already be considering—like opening a new checking account or moving money to a different bank.

Other Bank Cash Bonus Offers in 2025

Key Bank isn’t the only institution rewarding customers. Several other U.S. banks are also running cash promotions in 2025, giving Americans multiple options to earn extra money.

Chase, Bank of America, and Wells Fargo

These banks continue to promote competitive offers for new checking account holders. Depending on the account type and deposit requirements, rewards can range between $200 and $400.

Huntington National Bank – Up to $600 Bonus

In addition to Key Bank’s offer, Huntington National Bank is providing one of the largest bonuses in 2025:

• $600 Bonus – Customers must open a Platinum Perks Checking account, deposit at least $25,000 in new money within 90 days, and keep the account open for the same period. The bonus is credited within 14 days of meeting the requirements.
• $400 Bonus – A lower deposit requirement applies for those who prefer a smaller incentive.

Why It Pays to Compare Bank Offers

Not all bonuses are the same. While Key Bank’s $300 reward requires only a $2,000 deposit, other banks may ask for much larger deposits in exchange for bigger rewards.

For example:

• Key Bank → $2,000 deposit = $300 bonus
• Huntington National Bank → $25,000 deposit = $600 bonus

This means customers should carefully compare deposit requirements, payout timelines, and account features before deciding where to open a new account.

Lost and Unclaimed Bank Money

In addition to promotional cash bonuses, many Americans may unknowingly have money waiting for them in unclaimed property programs.

States across the U.S. regularly return millions of dollars in forgotten funds from old accounts, insurance policies, or other financial sources.

For example, one state recently announced it was distributing $663,000 in unclaimed money and property to rightful owners.

Checking these programs could help Americans recover thousands of dollars they didn’t realize they were owed.

Who Should Consider This Offer?

The Key Bank $300 promotion is ideal for:

• New customers looking for a reliable checking account.
• Individuals who can comfortably move $2,000 in new deposits within 90 days.
• Those who want a cash reward without complex requirements.

However, people who have the ability to deposit larger sums ($25,000 or more) may benefit more from Huntington’s $600 promotion.

Things to Keep in Mind

Before signing up, customers should consider:

• Account Fees – Some checking accounts come with monthly service charges unless minimum balance or deposit requirements are met.
• Eligibility Rules – These promotions are often limited to new customers who haven’t had an account with the bank in recent years.
• Tax Impact – Cash bonuses are generally considered taxable income by the IRS.

Bank promotions like the Key Bank $300 cash bonus in August 2025 provide Americans with an excellent opportunity to earn extra money by completing a few simple requirements.

With a manageable deposit threshold of $2,000, this offer is accessible to many customers compared to higher deposit promotions from competitors like Huntington National Bank.

Whether you choose Key Bank, Huntington, or another major U.S. bank, the key is to evaluate which program aligns best with your financial goals, deposit ability, and account preferences.

With proper planning, these bonuses can serve as a smart way to boost your savings in 2025.

Frequently Asked Questions