M&T Bank $50 – $150 Referral Bonus, Up To $500 Yearly

Earn up to $500 yearly with M&T Bank’s referral bonus. Get $50 for every new checking account referral that meets the criteria. Start referring today!

Introduction: M&T Bank $50 Referral Bonus

Want to earn extra cash by simply referring friends and family to M&T Bank? With M&T Bank’s referral program, you can earn a $50 Visa Reward Card for each new checking account referral that meets the criteria.

This referral bonus can easily stack with other M&T bank bonuses, amplifying your earnings. Ready to get started? Let’s dive into how you can make the most of this referral offer today!

You can stack this offer with their other bank bonus offers such as this one to earn $400.

See the end of the post for more offers from M&T Bank.

M&T Bank $50 Referral Bonus ($500 Yearly)

• What you’ll get: $500 yearly
• Where it’s available: CT, DC, DE, FL, MA, MD, NJ, NY, PA, VA, WV
• How to earn it:
  • Use the registration form on the designated page to enter your information and complete a referral.
  • Provide the contact information and a valid email address of the friends or family members you wish to refer, or share the offer via social media.
  • Your referred friends will receive an email notification with registration instructions and offer requirements.
  • Once your friend registers for the referral offer using your personal referral link and fulfills the specified offer requirements, both of you will receive a Visa® Reward Card.
  • You can earn more by referring more friends, with the potential to earn up to $500 per calendar year.
• When it expires: No end date

>> REGISTER TO MAKE REFERRALS TO M&T BANK HERE

READ MORE: GET TOP OFFERS FROM CHASE, AXOS, AND BMO.

Personal Checking Referral Details

• Receive a $50 Visa® Reward Card when your friend completes the following steps:
  • Registers using your shared referral link.
  • Opens a new M&T personal checking account.
  • Completes one or more qualifying direct deposits totaling at least $500 into the new personal checking account within 90 days of account opening.
• Qualifying direct deposits include recurring electronic deposits of payroll, pension, or Social Security. Person-to-person transfers, bank transfers, and other electronic money transfers made through internet payment services do not qualify.
• Your friend can also earn a $50 Visa® Reward Card through this referral offer.

>> HERE’S OUR REFERRAL LINK IF YOU’D LIKE TO USE IT FOR THE OFFER

Current account holders are welcome to share referral details in the comments section below.

Business Checking Referral Details

• Receive a $50 Visa® Reward Card when your friend completes the following steps:
  • Registers using your shared referral link.
  • Opens a new M&T Bank business checking account.
  • Completes at least five deposits of $500 or more into the new business checking account within 90 days of account opening.
    • OR –
  • Makes at least five business debit card transactions or payments (ACH, check, wire) of $25 or more each that post to the new business checking account within 90 days of account opening.
• Your friend can earn a $150 Visa® Reward Card through this referral offer.

>> HERE’S OUR REFERRAL LINK IF YOU’D LIKE TO USE IT FOR THE OFFER

Current account holders are welcome to share referral details in the comments section below.

Fine Print

• Referrer Offer:
  • Referrer earns a $50 Visa® Reward Card for each individual or business referred who registers for the offer using the Referrer’s shared personal referral link, opens a new eligible account, and completes all offer requirements.
  • A Referrer can earn a maximum of $500 in referral rewards per calendar year, and rewards cannot be rolled over.
  • Only the first Referrer whose referral link is used will be eligible for the Reward Card for each Referred Person who fulfills the requirements.
• Referred Person Personal Checking Account Offer:
  • To earn a $50 Visa® Reward Card, the Referred Person must register for the offer using the referral link shared by the Referrer, open a new eligible personal checking account, 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.
  • The Referred Person must meet all applicable M&T Bank eligibility requirements and will incur a $50 early close-out fee if the account is closed within 180 days of opening.
• Referred Person Business Checking Account Offer:
  • To earn a $150 Visa® Reward Card, the Referred Person must register for the offer using the referral link shared by the Referrer, open a new eligible business checking account, and either complete at least five deposits of $500 or more each within 90 days of account opening or complete at least five business debit card transactions or other payments of at least $25 each within 90 days of account opening.
  • The Referred Person must meet all applicable M&T Bank eligibility requirements and will incur a $50 Account Closure Fee if the account is closed within the specified time period.
• General Terms:
  • Visa Reward Cards will be delivered 4-6 weeks after meeting all qualifying criteria.
  • Only one Reward Card will be awarded to the Referred Person, regardless of the number of accounts opened.
  • The Referrer must be an active M&T Bank customer, while the Referred Person must be the primary owner of the new checking account and must not have been a primary owner of any M&T personal or business checking account within the previous six months.
  • This offer may vary by product and region and is not transferable.
  • Reward Cards may be reportable as income for tax purposes, and it is advisable to consult a tax advisor.
  • This offer is not available for California residents.
  • Individuals who have opted out of receiving marketing communications from M&T Bank will not receive referral emails.
  • The awarding of a Reward Card indirectly informs the Referrer that the Referred Person has opened a new account, but no additional information about the account will be provided to the Referrer.

READ MORE: GET THIS $300 BONUS FROM TD BANK BEFORE IT EXPIRES

Bottom Line

Nice way to earn up to $500 a year by referring friends and family. Feel free to share your referral details in the comments section below.

See more from M&T Bank:

• M&T Tailored Business Checking Bonus: Earn up to $1,500 – Ends 6/30/25
• M&T Bank $500 Checking + Money Market Bonus – Ends 8/30/24
• M&T Bank $350 MyChoice Premium Checking Bonus – Ends 1/31/25
• How to Get a $200 Bonus with M&T Bank Personal Checking – Ends 2/28/25
• M&T Business Rewards Credit Card 10,000 Bonus Points ($100 Value)
• M&T Visa Credit Card with Rewards 10,000 Bonus Points ($100 Value)
• M&T Visa Signature Credit Card 10,000 Bonus Points ($100 Value)

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.

By Tony Jay, a seasoned finance blogger and executive editor, who boasts over two decades of experience in the banking sector, with a specialization in online banking and savings strategies. Tony holds a doctoral degree from Tulane University. Edited by John Huynh, who brings more than two decades of experience in finance and investing, including as a senior finance and operations manager at a renowned research institute and degrees in economics and international studies from UC Irvine.