The M&T Visa Signature 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 you redeem for cash. Although it’s not the best bonus out there, it’s a solid one for a no-annual-fee card. The Chase Freedom card offers a welcome bonus with comparable spending requirements.
The M&T Visa Signature card is a low-cost rewards card that offers a decent amount of value – unlimited 1.5x points on every purchase – without a lot of fuss.
But if you prioritize value over simplicity, there are plenty of other rewards cards out there that will give you more bang for you buck.
*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?||3%|
*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
- Good-Excellent credit needed to qualify
- Limited availability
- Foreign transaction fees
M&T Visa Signature Card 10,000 Points Offer
Take advantage of the M&T Visa Signature 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 opening your account.
Here are some ideas on meeting the spending requirement:
Earning M&T Visa Signature Points
The M&T Visa Signature card keeps things simple and straightforward. Earn a flat rate of 1.5 points for every dollar you spend on all card purchases. There is no cap to how many points you can earn.
Redeeming M&T Visa Signature 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 Visa Signature points, you have a variety of options, including:
- Direct deposits into an M&T Bank account
- Statement credits
- Gift cards
- Airline travel
M&T Visa Signature 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 Visa Signature Card Availability
You must apply for the M&T Visa Signature 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 credit card options.
The M&T Visa Signature credit card is a good fit for those who live within M&T Bank’s reach and who prefer simplicity over value.
But if you’re looking for a better return, you’ll want to consider other rewards cards.
What’s The Competition?
Below are some of the top competitors to the M&T Visa Signature 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|