M&T Bank is offering up to $500 to new Merchant Services customers.
If you don't already have a M&T Tailored Business Checking account, you can combine this offer with a $1500 business checking welcome bonus, for a total reward of $2000.
How To Earn The Bonus
The M&T Merchant Services promotion requires you to deposit and maintain a minimum balance in order to earn the up to $500 bonus (step-by-step breakdown is listed above!).
As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.
The fine print
- The Bonus offer is available for merchants who do not currently have an M&T Bank Merchant Services® account, but you do not need to be a new M&T Business Checking customer.
- Only one bonus offer will be awarded, regardless of the number of locations for a merchant.
- This bonus offer may not be combined with any other promotional merchant services offers (excluding the $9.95 Tailored Checking Promotion.).
- This Bonus offer is subject to credit underwriting, due diligence requirements, and approval of an M&T Bank Merchant Services account in accordance with M&T’s requirements.
Open a Merchant Services account before the bonus expires on March 31, 2026
How does this offer from M&T compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
Why M&T Bank?
M&T Bank is headquartered in New York, and offers about what you'd expect from a regional bank: convenient, straightforward banking if you're nearby (with the bonus of having a bank that invests in your local community!), but otherwise low yields and average tech compared to the online-focused brands.
M&T offers products that cover personal, business and commercial customers, and include not only checking and savings accounts, but also investment accounts, web trading, insurance, home, auto, student and personal loans, and credit cards.
Merchant Services
Fees
Merchant Services does not charge a monthly maintenance fee.
Apply now for a Merchant Services account to earn the up to $500 bonus offer
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