The M&T Business Rewards Credit Card has an offer for 10,000 bonus points when you spend $500 within the first 90 days. According to M&T Bank, this welcome offer is worth $100 when redeemed for cash. It’s not the best bonus out there, but it’s a decent one for a no-annual-fee business card. See our list for more cash back credit cards such as the Ink Business Cash® Credit Card.
With the M&T Business Rewards card, you’ll earn unlimited 1.5% cash back on all purchases. So it’s a good fit for business owners who are looking for simple and easy rewards for their company spending.
But if you’re looking for more bang for your buck, there are other business credit cards that can offer better rewards rates and bigger welcome bonuses.
*Check out M&T Bank bonuses for Checking & Savings accounts.
|Bonus Available||Get 10,000 bonus points after making $500 in purchases during the first 90 days from account opening.|
|Ongoing rewards/benefits||Earn unlimited 1.5% cash back on every purchase.|
|Foreign transaction fees?||No|
|Annual Fee||$0 + free employee cards|
*Bonus value is an estimated value calculated by MoneysMyLife and not the card issuer. Read our card review for more details.
View our latest valuations here.
- No annual fee
- Welcome bonus
- Simple rewards
- Free employee cards
- No foreign transaction fees
- Good-Excellent credit needed to qualify
- Limited availability
M&T Business Rewards Card 10,000 Bonus Points Offer
Take advantage of the M&T Business Rewards card’s 10,000 bonus points offer, worth $100 when you redeem for cash. To qualify, charge at least $500 to your card within the first 90 days from account opening.
Here are some ideas on meeting the spending requirement:
Earning M&T Business Rewards Points
Although advertised as a cash back card, you’ll be earning points with the M&T Business Rewards card, which you can later use for cash back and other redemption options (more on that later).
The M&T Business Rewards card keeps things super simple. Earn a flat rate of 1.5 points for every $1 you spend on all card purchases. There is no cap to how many points you can earn.
Redeeming M&T Business Rewards Points
Like many other rewards cards, the value of your points depends on how you use them. When it comes time to redeem your M&T Business Rewards points, you have a variety of options, including:
- Direct deposits into an M&T Bank account
- Statement credits
- Gift cards
- Airline travel
M&T Business Rewards points have consistent value – $0.01 each – when you use them towards cash back, gift cards or airfare. Merchandise redemptions vary greatly and may be worth more or less than $0.01 per point.
M&T Business Rewards Card Availability
You must apply for the M&T Business Rewards card in person at an M&T Bank branch. So it’s limited to within the issuer’s network. That includes:
- New Jersey
- New York
- Washington, D.C.
- West Virginia
Otherwise, you’ll need to consider other business credit card options.
The M&T Business Rewards credit card is a good fit for companies that operate within M&T Bank’s reach and don’t mind sacrificing a little bit of value for simplicity.
But if you’re looking for a better return, you’ll want to consider other business rewards cards.
What’s The Competition?
Below are some of the top competitors to the M&T Business Rewards credit card you should consider.
|OFFER LINK||OFFER||OUR REVIEW|
|Chase Business Complete Banking℠||$300 Cash||Review|
|Chase Total Checking®||$225 Cash||Review|
|Chase Secure Banking℠||$100 Cash||Review|
|TD Bank Beyond Checking||$300 Cash||Review|
|TD Bank Convenience Checking℠||$150 Cash||Review|
|HSBC Premier Checking||$450 Cash||Review|
|Axos Business Checking||$100 Cash||Review|
|Aspiration Checking||$150/$200 Cash||Review|
|Ally Invest||Up To $3,000||Review|
|Betterment||Up To 1 Year Free||Review|
|BlockFi||Up To $250 BTC||Review|
|Voyager (code BH5F1A)||$25 In BTC||Review|
|Coinbase||$10 In BTC||Review|
|Motley Fool||Stock Advisor Discount||Review|