M&T MyChoice Premium up to $450 Bonus

M&T is offering $300 if you open their MyChoice Premium checking account and maintain a minimum balance through January. To earn the extra $150, you'll need to complete an additional direct deposit requirement.

How To Earn The Bonus

The M&T MyChoice Premium promotion requires you to deposit and maintain a minimum balance, and optionally, set up direct deposits in order to earn the up to $450 bonus.

Full requirements to receive this bonus are:

1. Open a new M&T MyChoice Premium Checking account online at the link below or in-branch using promocode "TK"
2. Maintain an average daily balance of at least $10,000 for December 2022 and January 2023, earn $300.
3. To earn an additional $150, make $500 in total direct deposits within the first 90 days.
4. Bonus(es) will be credit to your account by 02/28/2023.

The fine print

• Checking account must still be open when they attempt to credit the Premium 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 in connection with a personal M&T checking account within the preceding twelve-month period.
• The primary signer on the new MyChoice Premium Checking account may not be, or have been, a primary or secondary 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.

How does this personal checking 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:

Citi®

Citi Priority Account

Bonus

up to $2000

Account Type

Personal Checking

Expires In

5 days

Requires

• Min Balance

Full Details

U.S. Bank

U.S. Bank Smartly™ Checking

Bonus

up to $600

Account Type

Personal Checking

Expires In

12 days

Requires

• Direct Deposit

Full Details

Fifth Third Bank

Personal Checking

Bonus

$275

Account Type

Personal Checking

Expires In

92 days

Requires

• Direct Deposit

Full Details

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.

MyChoice Premium

Fees

MyChoice Premium does charge a monthly fee of $24.95, but there are ways to get this waived:

• Maintain an average daily balance of at least $7,500
• OR, maintain a combined balance of $25,000 across all M&T accounts.

M&T Bank Locations

You may sometimes be required to visit a branch in-person to take advantage of a welcome offer. Or, you may just prefer the convenience of banking with institutions that have locations near you.

Fortunately, M&T Bank has a total of 1094 branches in the United States.

Get a better idea of how well M&T Bank can serve you by checking out their branches closest to your area: