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M&T Bank is offering a $200 cash bonus for opening any personal M&T checking account and make qualifying direct deposits totaling at least $500 within 90 days of account opening.
Update 11/8/22: The offer has been extended through 1/31/23.
M&T Bank is also offering a $450 cash bonus for a MyChoice Premium Checking account. Read about the offer here.
For businesses, M&T Bank is offering up to $600 for a checking and merchant services account. Read more here.
See Posts History below for more offers from M&T Bank.
M&T Bank Bonus: $200 Checking Offer

- What you’ll get: $200 bonus
- Where it’s available: CT, DC, DE, FL, MA, MD, NJ, NY, PA, VA, WV
- How to earn it: Open any personal M&T checking account and make qualifying direct deposits totaling at least $500 within 90 days of account opening.
- When it expires: 1/31/2023
Waive The Monthly Fee
EZChoice Checking:
No monthly maintenance fee.
MyChoice Plus:
WAIVE THE $14.95 MONTHLY MAINTENANCE FEE WITH:
- Direct deposits of $1,500 or more per month, or
- $2,500 or more average balance in this account
MyChoice Premium:
WAIVE THE $24.95 MONTHLY MAINTENANCE FEE WITH:
- $7,500 or more average balance in this account, or
- $25,000 or more combined balances in eligible M&T accounts
M&T Classic with Interest:
WAIVE THE $4.95 MONTHLY MAINTENANCE FEE WITH:
- $500 or more average balance in this account, or
- $1,500 or more combined balances in eligible personal deposit accounts, or
- At least 1 direct deposit to this account, or
- 10 or more debit card transactions from the acccount
Fine Print
- 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 employees of M&T Bank, any of its affiliates, or to customers who have received a bonus in connection with a personal M&T checking account within the last 12 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.
Bottom Line
A $150 bonus offer is typically the one that’s available more often, so the $200 offer is definitely worth a look. Previously, offers were stack-able but now you’ll only be able to qualify for a bonus every 12 months.
Posts History:
- M&T Bank $450 Premium Checking Account Bonus – Ended
- M&T Bank $450 MyChoice Premium Checking & MyChoice Money Market Bonus – Ends 2/24/2023
- M&T Bank $500 Business Checking Account Bonus [Available in Many States] – Ends 3/31/2023
- M&T Bank $350 MyChoice Premium Checking Bonus – Ends 1/27/23
- 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)
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