M&T Bank Promotions: $200, $350, $450, $500 Personal & Business Checking Offers [Many States]

Find the latest listing of M&T Bank promotions, bonuses, and offers here.

Typical offers include their $200, $350, $450, $500 personal & business checking offers.

M&T Bank Promotions Review

M&T Bank Corporation is an American bank holding company headquartered in Buffalo, New York. With convenient locations located throughout the country, you will be able to bank with ease. Additionally, you will have access to a wide range of account features and services catered to your financial needs.

I’ll go over M&T Bank offers below.

M&T Bank $450 Checking & Money Market Bonus

• What you’ll get: $450 bonus
• Availability: CT, DC, DE, MD, NJ, NY, PA, VA, WV
• Direct deposit requirement: No
• Credit Inquiry: Soft Pull
• Monthly fees: $0 to $24.95. Waivable
• How to earn it:
  • Open your MyChoice Premium Checking account. Apply online or in person to open a new M&T MyChoice Premium Checking account with promo code CB.
  • Maintain an average monthly balance of at least $10,000 for the calendar months of July and August 2023.
  • Earn your $350 cash bonus. Your cash bonus will be credited by 9/30/23 when you meet qualifying requirements.
  • Get an extra cash bonus if you also open a MyChoice Money Market account and maintain an average monthly balance of at least $10,000 in July and August 2023.

(Offer expires 06/30/2023)

Fine Print

• To receive the Premium Checking Bonus, open a new MyChoice Premium Checking account between 5/3/23 and 6/30/23 and maintain an average monthly Premium Checking account balance of at least $10,000 for the months of July and August 2023.
• To receive the Money Market Bonus, open a new MyChoice Premium Checking account and a new MyChoice Money Market account between 5/3/23 and 6/30/23 and maintain an average monthly MyChoice Money Market account balance of at least $10,000 for the months of July and August 2023.
• The promo code is required at account opening to qualify for the bonus(es). Your new MyChoice Premium Checking account and MyChoice Money Market account must still be open when we seek to credit the Bonus(es). If all requirements are met, we’ll credit the bonus(es) by 9/30/23.
• Only one Premium Checking Bonus and one Money Market Bonus will be awarded per customer regardless of the number of accounts opened. The bonus(es) are not available to existing personal M&T checking account customers, employees of M&T Bank or any of its affiliates, or customers who have received a bonus credited to a personal M&T checking account within the last 12 months (Refer Friends Program is excluded from this 12-month period). Only the primary signer on the new checking account may be eligible for the Bonus(es), and may not be or have been a primary signer on any M&T personal checking account within the previous six months. A $50 early close-out fee applies if the account is closed within 180 days of opening. The Bonus(es) is not available in all regions, is not transferable and is reportable for tax purposes.

M&T Bank $350 Checking Bonus

• What you’ll get: $350 bonus
• Availability: CT, DC, DE, MD, NJ, NY, PA, VA, WV (Bank Locator)
• Direct deposit requirement: No
• Credit Inquiry: Soft Pull
• Monthly fees: $0 to $24.95. Waivable
• Early Termination Fee: $50, if closed within 180 days
• How to earn it:
  • Open a new M&T MyChoice Premium Checking account  with promo code CA.
  • Maintain an average monthly balance of at least $10,000 for the calendar months of June and July 2023.
  • Your cash bonus will be credited by 8/31/23 when you meet qualifying requirements.

(Offer expires 05/26/2023)

Fine Print

• To receive the Premium Checking Bonus (“Premium Bonus”), open a new MyChoice Premium Checking account between 5/1/23 and 5/26/23 and maintain an average monthly balance in the account of at least $10,000 for the months of June and July 2023.
• Your new MyChoice Premium Checking account must still be open when we seek to credit the Premium Bonus.
• If all requirements are met, we’ll credit the Premium Bonus by 8/31/23.
• The promo code is required at account opening to qualify for the bonus.
• Only one Premium Bonus will be awarded per customer regardless of the number of accounts opened.
• The Premium Bonus is not available to employees of M&T Bank or any of its affiliates, or to customers who have received a bonus credited to a personal M&T checking account within the last 12 months (Refer Friends Program is excluded from this 12-month period).
• Only the primary signer on the new checking account may be eligible for the Bonus, and may not be or have been a primary signer on any M&T personal checking account within the previous six months.
• A $50 early close-out fee applies if the account is closed within 180 days of opening.
• The Premium Bonus is not available in all regions, is not transferable and is reportable for tax purposes.

M&T Bank $200 Checking Bonus

• What you’ll get: $200 bonus
• Availability: CT, DC, DE, MD, NJ, NY, PA, VA, WV (Bank Locator)
• Direct deposit requirement: Yes, $500+
• Credit Inquiry: Soft Pull
• Monthly fees: $0 to $24.95. Waivable
• Early Termination Fee: $50, if closed within 180 days
• How to earn it:
  • Open a new M&T EZChoice Checking, MyChoice Plus Checking or MyChoice Premium Checking account
  • Make qualifying direct deposits totaling at least $500 within 90 days of account opening.

(Offer expires 06/30/2023)

Fine Print

• To receive the bonus, open a new M&T EZChoice Checking, MyChoice Plus Checking or MyChoice Premium Checking account between 4/1/2023 and 6/30/2023 and make at least $500 in qualifying direct deposits within 90 days of account opening.
• Qualifying direct deposits include recurring electronic deposits of payroll, pension or Social Security.
• Person-to-person, bank transfers or other electronic money transfers, such as those made through internet payment services, do not qualify.
• The bonus will be credited to your account within 90 days of all requirements being met.
• The promo code is required at account opening to qualify for the bonus.
• Your new personal M&T checking account must still be open when we seek to credit the bonus.
• Only one bonus will be awarded per customer regardless of the number of accounts opened.
• Bonus offers are not available to existing personal M&T checking account customers, or those whose accounts have been closed within 180 days, employees of M&T Bank or any of its affiliates, or customers who have received a bonus credited to a personal M&T checking account within the last 12 months (Refer Friends Program is excluded from this 12-month period).
• A $50 early close-out fee applies if the account is closed within 180 days of opening.
• Bonus offers may vary by product and region, are not transferable and are reportable for tax purposes.

M&T Bank $500 Business Checking Bonus

• What you’ll get: $500 bonus
• Availability: CT, DC, DE, MD, NJ, NY, PA, VA, WV (Bank Locator)
• Direct deposit requirement: No
• Credit Inquiry: Soft Pull
• Monthly fees: $20, avoidable
• Early Termination Fee: $50, if closed within 365 days
• How to earn it:
  • Open an M&T Tailored Business Checking account online or in branch through June 30, 2023
  • Maintain an average ledger balance of $5,000 in the third full month after you open the account
  • Enjoy your cash within 45 days following the third full month of account opening

(Offer expires 06/30/2023)

Fine Print

• We will credit $500 bonus (the “Checking Bonus”) to a new M&T Tailored Business Checking account opened between 4/1/2023 and 6/30/2023 if the Average Ledger Balance in the account is at least $5,000 in the third full calendar month after the account was opened.
• If the requirements are met and the Account remains open, the Checking Bonus will be credited to the Account within 45 days after the end of the third full calendar month after the account was opened.
• The Checking Bonus is reportable for tax purposes and is not available to employees of M&T Bank or any of its affiliates.
• The Checking Bonus is not available to customers who have had a non-personal M&T checking account within the previous 90 days of opening an M&T Tailored Business Checking account.
• Only one Checking Bonus will be awarded per customer regardless of the number of new M&T Tailored Business Checking accounts opened.
• A $50 Account Closure Fee applies if the account is closed within the time period referenced in the Commercial Deposit Account Fee Schedule.

M&T Bank $450 Checking Bonus (Expired)

• What you’ll get: $450 bonus
• Availability: CT, DC, DE, MD, NJ, NY, PA, VA, WV (Bank Locator)
• Direct deposit requirement: Yes, $500+
• Credit Inquiry: Soft Pull
• Monthly fees: $0 to $24.95. Waivable
• Early Termination Fee: $50, if closed within 180 days
• How to earn it:
  • Apply online or in person to open a new M&T MyChoice Premium Checking account by 11/25/22 with promo code TK.
  • Maintain an average monthly balance of at least $10,000 for the calendar months of December 2022 and January 2023.
  • Set up qualifying direct deposits to your new MyChoice Premium Checking account, totaling at least $500, within 90 days of account opening
  • Your cash bonus will be credited by 2/28/23 when you meet qualifying requirements.

(Offer expires November 25, 2022)

Fine Print

• To receive the Premium Checking Bonus, open a new MyChoice Premium Checking account between 10/3/22 and 11/25/22 and maintain an average monthly Premium Checking account balance of at least $10,000 for the months of December 2022 and January 2023. Your new MyChoice Premium Checking account must still be open when we seek to credit the Premium Checking Bonus. If all requirements are met, we’ll credit the bonus(es) by 2/28/23.
• To receive the Direct Deposit Bonus, open a new MyChoice Premium Checking account between 10/3/22 and 11/25/22 and make at least $500 in qualifying direct deposits within 90 days of account opening. Qualifying direct deposits include recurring electronic deposits of payroll, pension or Social Security. Person-to-person, bank or other electronic money transfers, such as those made through internet payment services, do not qualify. Your new MyChoice Premium Checking account must still be open when we seek to credit the Bonus. The bonus will be credited to your account within 90 days of all requirements being met.
• The promo code is required at account opening to qualify for the bonus(es). Only one Premium Checking Bonus and one Direct Deposit Bonus will be awarded per customer regardless of the number of accounts opened. The bonus(es) are not available to employees of M&T Bank or any of its affiliates, or customers who have received a bonus in connection with a personal M&T checking account within the preceding twelve-month period. Only the primary signer on the new checking account may be eligible for the Bonus(es), and may not be or have been a primary signer on any M&T personal checking account within the previous six months. A $50 early close-out fee applies if the account is closed within 180 days of opening. Bonus offers may vary by product and region, are not transferable and are reportable for tax purposes.

How to Avoid Monthly Fee

• EZChoice Checking: None
• MyWay Banking: $4.95 monthly fee. Maintain one or more transactions each monthly service charge cycle, such as a deposit, withdrawal, or any debit payment
• MyChoice Plus: $14.95 monthly fee. Maintain an average daily balance of $2,500 or more per monthly service charge cycle or direct deposits totaling $1,500 or more per monthly service charge cycle
• MyChoice Premium: $24.95 monthly fee. Maintain an average daily balance of $7,500 or more per monthly service charge cycle or combined daily average balances of $25,000 or more in eligible accounts
• Simple Checking for Business: $10 monthly fee.
• Tailored Business Checking: $20 monthly fee. Maintain 1 or more deposits of M&T Merchant Services Proceeds into the account or purchases made on a linked M&T Business Credit Card or M&T Business Rewards Credit Card totaled $2,000 or more in the credit card statement cycle ending in that month.

Author’s Verdict

To summarize, M&T Bank has some of the best promotions, bonuses, and offers. If you are interested, be sure to apply while you still can today!

For more current offers, check out our bank bonuses page. Compare M&T Bank rates for CDs and Savings with our best rates for Savings and CD accounts.

Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.