KEYCORP


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"Products" offered by KEYCORP with at least one, but usually more complaints:

Bank account or service - (CD) Certificate of deposit
Bank account or service - Cashing a check without an account
Bank account or service - Checking account
Bank account or service - Other bank product/service
Bank account or service - Savings account
Checking or savings account - CD (Certificate of Deposit)
Checking or savings account - Checking account
Checking or savings account - Other banking product or service
Checking or savings account - Savings account
Consumer Loan - Installment loan
Consumer Loan - Pawn loan
Consumer Loan - Personal line of credit
Consumer Loan - Title loan
Consumer Loan - Vehicle loan
Credit card -
Credit card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose prepaid card
Credit card or prepaid card - Gift card
Credit card or prepaid card - Government benefit card
Credit card or prepaid card - Payroll card
Credit card or prepaid card - Store credit card
Credit reporting -
Credit reporting or other personal consumer reports - Credit reporting
Credit reporting or other personal consumer reports - Other personal consumer report
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report
Debt collection - Auto
Debt collection - Auto debt
Debt collection - Credit card
Debt collection - Credit card debt
Debt collection - Federal student loan
Debt collection - I do not know
Debt collection - Mortgage
Debt collection - Mortgage debt
Debt collection - Non-federal student loan
Debt collection - Other (i.e. phone, health club, etc.)
Debt collection - Other debt
Debt collection - Private student loan debt
Debt or credit management - Credit repair services
Money transfer, virtual currency, or money service - Check cashing service
Money transfer, virtual currency, or money service - Debt settlement
Money transfer, virtual currency, or money service - Domestic (US) money transfer
Money transfer, virtual currency, or money service - Foreign currency exchange
Money transfer, virtual currency, or money service - International money transfer
Money transfer, virtual currency, or money service - Mobile or digital wallet
Money transfer, virtual currency, or money service - Money order
Money transfer, virtual currency, or money service - Money order, traveler's check or cashier's
Money transfer, virtual currency, or money service - Refund anticipation check
Money transfer, virtual currency, or money service - Traveler's check or cashier's check
Money transfer, virtual currency, or money service - Virtual currency
Money transfers - Domestic (US) money transfer
Money transfers - International money transfer
Mortgage - Conventional adjustable mortgage (ARM)
Mortgage - Conventional fixed mortgage
Mortgage - Conventional home mortgage
Mortgage - FHA mortgage
Mortgage - Home equity loan or line of credit
Mortgage - Home equity loan or line of credit (HELOC)
Mortgage - Other mortgage
Mortgage - Other type of mortgage
Mortgage - Reverse mortgage
Mortgage - Second mortgage
Mortgage - VA mortgage
Other financial service - Check cashing
Payday loan, title loan, or personal loan -
Payday loan, title loan, or personal loan - Installment loan
Payday loan, title loan, or personal loan - Personal line of credit
Payday loan, title loan, or personal loan - Title loan
Payday loan, title loan, personal loan, or advance loan - Installment loan
Payday loan, title loan, personal loan, or advance loan - Personal line of credit
Prepaid card - General purpose card
Prepaid card - Gift or merchant card
Prepaid card - Government benefit card
Prepaid card - Government benefit payment card
Student loan - Federal student loan servicing
Student loan - Non-federal student loan
Student loan - Private student loan
Vehicle loan or lease - Loan

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Complaint ID: 4063534

Date Received: 2021-01-12

Issue: Attempts to collect debt not owed

Subissue: Debt is not yours

Consumer Complaint: In 2018, I was the XXXX of XXXX. My bank at that time, Key Bank, did not allow me to submit a written statement of the crime. The perpetrator, XXXX XXXX, of a bed and breakfast I visited briefly, submitted false evidence to key bank, made libelous, false claims to my bank. She also filed a false police report with the XXXX XXXX XXXX, CA, after submitting the libelous information in writing to my bank. She charged my debit card, without permission, demanded cash, which I refused. I also wrote her a check while the debit card dispute was pending, which she also deposited and collected. Key Bank, ruled against me in the dispute. I paid for the bed and breakfast more than twice what I owed. Key Bank participated in this fraud on my money and account, by allowing the perpetrator of the fraud to submit several pages of false information, and not allowing me to submit a statement to my own bank, of the details of the crime. I was never allowed to submit my written statement of events, at any point to Key Bank. This claim of me owing money is completely false, as I was the victim of fraud. Key bank actually owes me money!

Company Response:

State: CA

Zip: 91942

Submitted Via: Web

Date Sent: 2021-01-12

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4060836

Date Received: 2021-01-11

Issue: Applying for a mortgage or refinancing an existing mortgage

Subissue:

Consumer Complaint: This is XXXX XXXX, we recently purchased a new home ( XXXX XXXX XXXX, XXXX XXXX, CA, XXXX ) and chose Keybank as our lender ( loan agent : XXXX XXXX ). Our loan was closed on XXXX/XXXX/2020, but we are really disappointed in the process, I will briefly introduce the problems here. 1. We initiated a loan process with you with the interest rate of 1.875 % and loan credit of {$2500.00} on XXXX XXXX ( see attachment 1 ). I was told I could only work with you because you didn't want to waste your time ( see attachment 2 ). And you said you could deliver the loan 100 % ( see attachment 2 ). I paid {$500.00} in front to start the loan process. 2. The first CD was out, I pointed out the loan credit is wrong, and you confirmed the loan credit was approved and would be applied later ( see email screenshot 1 ). 3. When we started the loan process, we put XX/XX/XXXX as the appraisal date. We said no rush for the appraisal because we were still in the negotiation with the seller about the fence encroachment. You said we could rush it if we need to ( see attachment 3 ). 4. On XXXX XXXX, my agent XXXX brought some concerns that it was hard to order the appraisal at holiday season ( see attachment 4 ), and wanted to rush order it, and you said you rushed ordered it, and later you said the appraisal was moved to XX/XX/XXXX ( see attachment 5 ). You informed all agents ( buyer/seller ) and me that we could close on XXXX XXXX. On XXXX, we signed an addendum with the seller after we reached an agreement with the seller. And put the new close date as XXXX XXXX. We emailed you the addendum the same day, and our agents informed you too, you were ok with that ( see email screenshot 2 and 3 ). 5. I asked if you have already ordered it after my agent said she hadn't heard back from the appraiser on XXXX XXXX and XXXX, I got no response ( see attachment 6 ). I called to confirm the appraisal was ordered because my agent didn't hear anything from the appraiser, and you said something went wrong that you need to check it out, you will call me back later that day. But no update on that day. 6. On XXXX XXXX, you told us that we couldn't move up the appraisal, which caused our delay penalty ( see email forwarded ). 7. On XXXX XXXX, you first brought up that the loan credit promised ( {$2500.00} ) may not happen. Key points : 1. Damages : We need to pay the sellers PITI as the delay penalty, which is {$140.00} per day for 6 days. XXXX informed buyer and seller agents of a wrong closing date. And despite many inquiries about the closing date from the agents and me, XXXX didn't mention the closing date was wrong until the last minute and thus the delay. 2. Loan fraud : We didn't get the promised loan credit of {$2500.00}, which was the dealbreaker that we chose keybank and turned down other applications, it violated " The benefit of the bargain rule '', ( Stout v. Tourney ( 1978 ) 22 Cal. 3d 718, 725-27 ). We were not informed the loan credit was uncertain until near closing date. I feel this may also violate the TILA ( truth in lending act ).

Company Response:

State: CA

Zip: 94303

Submitted Via: Web

Date Sent: 2021-01-11

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4058366

Date Received: 2021-01-09

Issue: Problem getting a card or closing an account

Subissue: Don't want a card provided by your employer or the government

Consumer Complaint: Received an Illinois unemployment credit card on from key bank cards XXXX. XXXX XXXX XXXX Ohio XXXX and did not file for unemployment

Company Response:

State: IL

Zip: 612XX

Submitted Via: Web

Date Sent: 2021-01-25

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4057163

Date Received: 2021-01-08

Issue: Problem getting a card or closing an account

Subissue: Don't want a card provided by your employer or the government

Consumer Complaint: I received a prepaid credit card in the mail from the Illinois Department of Employment Security, issued by Key Bank. I have never applied for unemployment and never requested the card. I believe that someone else filed for this card using my name and personal information. I have not activated the card and I have destroyed it.

Company Response:

State: IL

Zip: 622XX

Submitted Via: Web

Date Sent: 2021-01-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4054220

Date Received: 2021-01-07

Issue: Money was not available when promised

Subissue:

Consumer Complaint: Funds are electronically transferred into. Key Bank checking account on the XXXX of each month. Key Bank posts the fund up to 5 days late if it is aFriday and a Holiday weekend. This has generated overdraft fees in XXXX of $ XXXX dollars and in XXXX of $ XXXX

Company Response:

State: CT

Zip: 060XX

Submitted Via: Web

Date Sent: 2021-01-07

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4052597

Date Received: 2021-01-06

Issue: Trouble during payment process

Subissue:

Consumer Complaint: On XX/XX/XXXX I made a phone payment in the amount of {$750.00} to my mortgage servicer, KeyBank. On XX/XX/XXXX, I saw that the payment overdrew my account at XXXX XXXX XXXX where my checking account exists ( my direct deposit from my job hit my account on XX/XX/XXXX which caused the overdraft for the payment ). I immediately called KeyBank and advised them of the insufficient funds and ASKED MORE THAN ONCE if they automatically try to RESUBMIT THE PAYMENT FOR THE {$750.00}. I was told " KeyBank WILL NOT GO BACK INTO THE ACCOUNT, RESUBMITTING THE PAYMENT. '' I was concerned if I made another payment and this was incorrect, my XXXX account would be overdrawn because I had other items scheduled to be taken out of my checking account that normally come out during the first week of every month. After the representative made clear that there would not be a second attempt to get the payment, and me not wanting to have an outstanding amount owing, I made another payment with my checking account with the representative at that very moment on XX/XX/XXXX. On the very next business day, XX/XX/XXXX, my account was negative for TWO PAYMENTS of {$750.00}. I left work early after making an appointment with XXXX XXXX to try to get the double payment reversed and at the same time called KeyBank to explain what happened to see if in fact my bank could not reverse the error IF THEY COULD AS A RESULT OF THEIR ERROR REFUND ME MY {$750.00}. While they apologized for the incorrect information I was told because they do and did make the 2nd attempt and collected a double payment, I was told they could keep the payment for XXXX OR SEND ME A CHECK AFTER THEY LOOKED INTO IT WHICH WOULD TAKE SOME TIME. This was not acceptable. My bank worked with me and said they could TRY to reverse the payment and refund A service fee, however, I had other items that were going to post which would cause more than one overdraft fee, which is what has happened since XX/XX/XXXX UP TO THE WRITING OF THIS COMPLAINT XX/XX/XXXX. I received more incorrect information after calling KEYBANK again to ask for a refund and was told THEY DO NOT REFUND OVERPAYMENTS. My account is SEVERELY OVERDRAWN and XXXX XXXX XXXX can not overturn " multiple reversal/return fees and overdrafts '' which are 100 % KeyBank 's responsibility for going into my account on multiple occasions. My checking account is ruins. I met with the General Manager of XXXX XXXX who tried very hard to help me, but a lot is out of his hand. There are notes on both accounts that outline this entire fiasco. PLEASE HELP ME!

Company Response:

State: NY

Zip: 14221

Submitted Via: Web

Date Sent: 2021-01-25

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4048333

Date Received: 2021-01-05

Issue: Managing an account

Subissue: Fee problem

Consumer Complaint: Terms of the Key Banking checking account is that there is a $ 7 monthly maintenance fee if {$500.00} in deposits are not made. In XX/XX/XXXX, two deposits totaling {$500.00} ( {$250.00} each ) were made to the account but the {$7.00} fee was charged because the days of the month and statement dates did not line up exactly. Contacted Key Bank about this issue XX/XX/XXXX and they agreed it was an error due to the dates but said could not correct due to being " too old ''.

Company Response:

State: OR

Zip: 970XX

Submitted Via: Web

Date Sent: 2021-01-05

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4047657

Date Received: 2021-01-04

Issue: Managing an account

Subissue: Problem making or receiving payments

Consumer Complaint: My stimulus payment is dated XX/XX/XXXX per the IRS transcript information. The payment has not yet been applied to my account. In addition to this, KeyBank held my paycheck that was to be applied in XX/XX/XXXX until XX/XX/XXXX which cause overdraft. I confirmed with my employer that the payment date was XX/XX/XXXX due to the pay date falling on a holiday ( XX/XX/XXXX ). I contacted KeyBank several times and they stated it was dated the XXXX, which is not true. So in addition to the overdraft that is now being resolved as my paycheck was applied today ( XX/XX/XXXX ), I still do not have the stimulus applied. It is dated the XXXX and should be applied today. There are numerous people that have received theirs, but mine has not been applied.

Company Response:

State: NY

Zip: XXXXX

Submitted Via: Web

Date Sent: 2021-01-04

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4046915

Date Received: 2021-01-04

Issue: Problem getting a card or closing an account

Subissue: Trouble getting, activating, or registering a card

Consumer Complaint: Key Bank will not release my unemployment funds registered to my name and social security number. Key Bank has spent weeks frustrated the issues- Keys management does not follow thru on promised call backs or actions to correct issue. The total amount is {$1700.00}.

Company Response:

State: WI

Zip: 535XX

Submitted Via: Web

Date Sent: 2021-01-04

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4046669

Date Received: 2021-01-04

Issue: Managing an account

Subissue: Funds not handled or disbursed as instructed

Consumer Complaint: When the IRS sent KeyBank corp my stimulus payment, KeyBank instructed myself and others that any IRS stimulus payments would not be posted until XXXX on XX/XX/XXXX. KeyBank did not post my ACH stimulus deposit on XX/XX/XXXX, despite the IRS sending it to them. KeyBank can not give their customers proper answers as to when their stimulus checks will post, despite telling myself and multiple other customers that they would post on XX/XX/XXXX at XXXX XXXX. Furthermore, the IRS indicates that my payment was sent to Keybank and KeyBank has refused to post that deposit, but they have been posting numerous debits that are also dated XX/XX/XXXX.

Company Response:

State: PA

Zip: 15642

Submitted Via: Web

Date Sent: 2021-01-04

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.