M&T Bank Bonuses: $150 Checking Account Promotion

Here are all the bank bonus offers, promotions and offers from M&T Bank. Typical offers have been for $150, $160, $200 and $250 bonuses.

M&T Bank is a New York-based bank and was established in 1856. They are a subsidiary of M&T Bank Corporation and M&T Bank has grown to over 800 locations.

M&T Bank has branches in the following states: Connecticut, District of Columbia, Delaware, Florida, Massachusetts, Maryland, New Jersey, New York, Oregon, Pennsylvania, Virginia, and West Virginia. If you’re outside of these regions, see this Bank Account Promotions Page for other offers.

Like most traditional banks with local branches, M&T Bank won’t have the best rates on their Savings and CD accounts (see these Savings and CD pages). Luckily, they have been very good at providing bank account sign-up bonuses with consistency.

I’ll review the current bonuses below.

$150 M&T Bank Checking Bonus

Updated $150 Checking Offer

This $150 cash bonus from M&T bank is for a new Checking account and will require direct deposit.

• Expiration: 07/15/2018
• Bonus Amount: $150
• Account(s) Eligible: Any personal Checking account
• Availability: CT, DC, DE, FL, MA, MD, NJ, NY, OR, PA, VA, WV
• Hard/Soft Inquiry: Soft
• Direct Deposit Requirement: At least $500 or more
• Direct Deposit Alternatives: Yes, several
• Monthly Service Fee: Can be waived (see below)

How To Earn The $150 Bonus

• They will credit one cash bonus to the account if the account receives a total of at least $500 in qualifying direct deposits within 90 days of account opening.
• Qualifying direct deposits include, but are not limited to, recurring electronic deposits such as payroll, pension or Social Security.
• Person-to-person, bank transfers or other electronic money transfers such as those made through internet payment services do not qualify.
• Bonus will be credited to the account within 90 days of direct deposit activation as long as the account is in good standing and all of the eligibility requirements are satisfied at the time they seek to credit the bonus.

Fine Print

• Bonus is reportable for tax purposes.
• No more than one bonus will be awarded regardless of the number of accounts, titling on account, or the number of direct deposit arrangements established.
• Bonus offer may vary by product and region.
• Cash bonus offers are not available to employees of M&T Bank or any of its affiliates or to customers who have already received a bonus in connection with an M&T personal checking account within the preceding twelve-month period.
• A $50 early close-out fee applies if the account is closed within 180 days of the date the account was opened.
• This offer is nontransferable.
• If you received another bonus offer via mail, the bonus will be fulfilled according to the requirements detailed in the mailing.
• Please be sure to refer to any special instructions or qualifications noted in the mailing.

How To Waive The Monthly Fee

Author’s Verdict:

The Direct Deposit requirement has gone up to $500 from the previous $100 requirement, so this offer now falls in line with other common Checking account promos.

M&T Bank does a lot of targeted mailings to select markets, full of different bonus opportunities. Bonus offers range from $150 to $250.

Go to mtb.com/checking to apply online using the following promo codes with each corresponding bonus amount (these promo codes tend to renew or update so there’s no guarantee which will be working at the time you apply):

• $150 Bonus
  • Promo Code: QJ
  • Renews periodically
• $150 Bonus
  • Promo Code: QC
  • renews periodically
• $150 Bonus
  • Promo Code: QD
  • renews periodically
• $150 Bonus
  • Promo Code: QE
  • renews periodically
• $200 Bonus
  • Promo Code: QI
  • renews periodically
• $250 Bonus
  • Promo Code: QH
  • renews periodically

MoneysMyLife Top Offer Picks With 16,000 ATMs and 5,100 branches throughout the United States, Chase Bank is second only to Wells Fargo with regards to the total number of branches. This makes the bonus offers from Chase extremely popular, and they always have several promotions to choose from. Full Review. Chase Total Checking® ($200 bonus) Chase Savings℠ ($150 bonus) Chase Total Checking® + Chase Savings℠ ($350 in combined bonuses) Chase Premier Plus Checking℠ ($300 bonus) Chase Total Business Checking® ($200 bonus) Chase College Checking℠ ($100 bonus) Get a $750 Welcome Deposit for eligible new customers who open an HSBC Premier checking account with qualifying activities.Get a $350 Welcome Deposit for eligible new customers who open an HSBC Advance checking account with qualifying activities. Member FDIC. Apply online for a new TD Bank Checking account to earn either a $300 bonus for the TD Premier Checking account ( $2,500 in direct deposits required), or a $150 bonus for the TD Convenience Checking account ($500 in direct deposits required). This is a limited time offer. Full Review  Learn More Barclays has two great card offers that should interest many who are looking for a solid travel rewards credit card. The Barclaycard Arrival® Plus World Elite Mastercard® has a 60,000 miles sign-up bonus worth $630 in travel. You'll be able to earn unlimited 2X miles on every purchase and there are no foreign transaction fees to worry about. See Terms. Full Review The Barclays Arrival® Premier World Elite Mastercard® will earn you 75,000 miles each year (worth $750) if you spend $25,000 on purchases during the year. This credit card is intended for high spenders looking for a card to carry for the long-term. The card will earn unlimited miles at the rate of 2 miles per $1 spent on all purchases. See Terms. Full Review  CIT Bank is offering a 1.85% APY rate with their Money Market Account for all balances. This account is available online nationwide and consistently offers one of the best rates in the nation. The minimum opening deposit is $100 and there are no fees for opening or maintaining the account. Full Review Learn More Ally Invest is one of the nation's top choices for a low-cost stock broker, and they now have a promotion where you can earn a cash bonus of $50 to $3500, as well as $500 in commission-free trades. Your cash bonus value will depend on your deposit amount made within 60 days of account opening. Full Review Learn More Simple Bank has an offer where you can earn a $20 bonus after opening their free online Checking account that's available nationwide. You'll then be able to earn unlimited $20 referral bonuses. Direct deposit isn't a requirement and all you and your referrals need to do is open a new account and use the Simple Visa debit card to make a first purchase. Full Review Learn More More Top Picks Hide

$250 M&T Bank Checking Account Bonus

This offer is targeted!

This $250 Checking offer is targeted and only mailed to certain targets and is stated as not being transferable.

• Expiration: 06/08/2018
• Offer code: TJ
• Bonus Amount: $250
• Account(s) Eligible: EZChoice Checking/Classic Checking ($100 bonus), MyChoice Plus Checking ($250 bonus)
• Availability: CT, DC, DE, FL, MA, MD, NJ, NY, OR, PA, VA, WV
• Hard/Soft Inquiry: Soft
• Direct Deposit Requirement: At least $500 or more
• Direct Deposit Alternatives: Yes, several

M&T Bank $200 Checking Bonus

Get a $200 bonus for opening a new Checking account with this offer. This promotion is being distributed as a mailer to certain markets.

• Offer available in these states: AZ, CT, DC, DE, MD, NJ, NY, PA, VA, WV
• $100 in direct deposits is required for this offer
• Application will trigger a Soft Pull, which does not affect your credit
• Monthly service fee can be waived
• Early account termination fee is $50 if closed within 180 days of opening

How To Get Your $200 Bonus

• Open a new M&T Bank personal Checking account with the promo code QF.
• Set up a qualifying direct deposit of $100 or more within 90 days of account opening.
• Bonus will be posted to your new account within 90 days of meeting the requirements.

Compare this offer to the ones from HSBC Bank, Chase Bank and TD Bank. I keep all the best offers updated over at the Bank Bonuses Page.

• Chase Coupon Promo Codes: $200, $300, $350, $500 – August 2018
• Chase Bank Business Checking Promotion: $200 Sign-Up Cash Bonus
• Simple Bank Review & Bonus Offer: Unlimited $20 Referrals
• Chase Student Checking Promotions: $100 Chase College Checking℠ Bonus
• CIT Bank Promotions: Online Money Market Account 1.85% APY Offer
• HSBC Bank $350 & $750 Checking Account Bonuses
• Chase Total Checking Account Bonus: $200 Coupon Available Online
• Chase Premier Plus Checking℠ Bonus: $300 Coupon Offer
• TD Bank Promotions: $300 & $150 Checking Account Bonuses
• BBVA Compass Bank Promotions: $150, $200, $250 Checking/Savings Bonuses

*Check back here for the latest M&T bank promotions, bonuses and offers.