M&T Personal Checking Account $200 Bonus

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M&T Bank : Personal Checking Account

$200

Offer Expires In

How To Earn The Bonus

  1. Open a new M&T checking account using the link below.
  2. Within 90 days, make at least $500 in direct deposits.
  3. The bonus will be credited to your account within 90 days of all requirements being met.

Available in Your Area?

No

Monthly Fees?

Varies

Open Online?

Yes

Credit Pull?

Soft

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at M&T

M&T is offering $200 if you open one of their personal checking accounts and make a small direct deposit within 90 days.

If you're not able to meet the requirements to waive the maintenance fees, you can alternatively opt for their basic checking account.

Regardless, be sure to enter your zipcode on the linked offer page, which will auto apply the appropriate promo code if you're within a targeted zipcode. Many readers have tried to apply the promo to an outside zip, and while the system allows you to move forward, you'll be "surprised" with no bonus payout when that time comes.

How To Earn The Bonus

The M&T Personal Checking Account promotion requires you to set up direct deposits in order to earn the $200 bonus.

Full requirements to receive this bonus are:

  1. Open a new M&T checking account using the link below.
  2. Within 90 days, make at least $500 in direct deposits.
  3. The bonus will be credited to your account within 90 days of all requirements being met.

The fine print

  • Qualifying direct deposits include recurring electronic deposits of payroll, pension or Social Security.
  • Once all requirements are met, the bonus will be credited to your account within 90 days.
  • The promo code is required at account opening to qualify for the bonus.
  • Only one bonus will be awarded per customer regardless of the number of accounts opened.
  • Bonus offers are not available to customers who have received a personal checking welcome bonus within the last 12 months.
  • A $50 early close-out fee applies if the account is closed within 6 months of opening.

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
14 days
Requires
  • Min Balance

U.S. Bank

U.S. Bank Smartly™ Checking

Bonus
up to $600
Account Type
Personal Checking
Expires In
21 days
Requires
  • Direct Deposit

Fifth Third Bank

Personal Checking

Bonus
$275
Account Type
Personal Checking
Expires In
101 days
Requires
  • Direct Deposit

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.

EZChoice Checking

Fees

EZChoice Checking does not charge a monthly fee.

MyChoice Plus

Fees

MyChoice Plus does charge a monthly fee of $14.95, but there are ways to get this waived:

  • $1,500 or more in direct deposits each month
  • OR, maintain an average daily balance of at least $2,500

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:

6 State Street
Nunda, NY 14517

Directions

7 North Calvert Street
Baltimore, MD 21202

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68 Exchange Street
Binghamton, NY 13901

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One Fountain Plaza
Buffalo, NY 14203

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80 North Main Street
Ellenville, NY 12428

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180 Route 22
Pawling, NY 12564

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2664 Atlantic Avenue
Brooklyn, NY 11207

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33 East Genesee Street
Skaneateles, NY 13152

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233 Genesee Street
Utica, NY 13501

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232 South Livingston Avenue
Livingston, NJ 07039

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115 East Main Street
Everett, PA 15537

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70 Main Street
Durham, NH 03824

Directions