Available to current residents of the following states: Arizona, Connecticut, Delaware, District of Columbia, Maryland, New Jersey, New York, Pennsylvania, Virginia, and West Virginia, M&T Bank is offering a $150 bonus if you open a new Checking Account with promo code QC or QD until September 30, 2017. To be eligible for this bonus offer, set up a qualifying direct deposit of $100 or more within 90 days of account opening. Once you have done so, you will gain access to great features such as online and mobile bill pay as well as a M&T debit card and so much more. For those that are currently interested, be sure to head on over to your local branch as soon as you can! You can also check out our list of M&T Bank Bonuses for more bonuses from the bank!
Editor’s Note: M&T Bank are now checking and closing out accounts outside their market area. Seems like they are now enforcing the location based requirement and the checking bonus offer is no longer nationwide. (Right now affecting people that opened with the code QD & not QC)
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M&T Bank Checking Account Summary:
- Promotional Flyer *Expired date however the terms for the extended bonus is the same. For reference only*
- Bonus Value – $150
- Available States – AZ, CT, DC, DE, MD, NJ, NY, PA, VA, WV
- Required Account – Checking
- Expiration Date – 09/30/2017
- Credit Inquiry – Soft Pull via ChexSystems
- Direct Deposit Requirement – Yes, $100
- Additional Requirement- Yes
- Bonus will be credited to the account within 90 days of direct deposit activation as long as the account is in good standing
- Avoid Monthly Fee – See below
- Basic Banking: $3 monthly fee; cannot be waived
- M&T Classic Checking With Interest: $4.95 monthly fee; The $4.95 monthly fee can be waived if you meet at least ONE of the following:
- Have at least 1 direct deposit
- Make 10 or more debit card purchases or payments
- Keep an average balance of at least $500
- MyChoice Premium Checking: $24.95 monthly fee; The $24.95 monthly fee can be waived if you meet at least ONE of the following:
- Keep an average balance of at least $7500
- Keep total combined balances of at least $25,000 in eligible personal deposit accounts, loans, and home equity outstanding balances, investments, and business deposit accounts
- MyChoice Plus Checking: $14.95 monthly fee; The $14.95 monthly fee can be waived if you meet at least ONE of the following:
- Keep an average balance of at least $2500
- Have total direct deposits of $1500 or more
- EZChoice Checking: $6.95 monthly fee; The $6.95 monthly fee can be waived if you make just ONE transaction such as a deposit, withdrawal, or debit purchase
- Account Closure Fee: Keep you account open for 180 days, otherwise $50 ETF.
M&T Bank Checking Bonus Requirements:
- Open a new MyChoice Checking Account at M&T Bank with promo code QC or QD by September 30, 2017.
- Simply activate the direct deposit feature of your checking account within 90 days
- Cash bonus will be awarded within 90 days of direct deposit activation
M&T Bank Bonus Fine Print:
- This offer is valid on new accounts opened before 9/30/17.
- Qualifying direct deposits include, but are not limited to, electronic deposits such as payroll or Social Security and do not include electronic money transfers or credits such as account-to-account transfers or those made through internet payment services.
- Bonus will be credited to the account within 90 days of direct deposit activation as long as the account is in good standing.
- Bonus is reportable for tax purposes.
- Only one bonus will be rewarded regardless of the number of accounts, titling on account and the number of direct deposit arrangements established.
- Bonus offer may vary by product and region, is limited to one per customer, and is not available to employees of M&T Bank or any of its affiliates.
Conclusion:
At the end of the day, the current promotion from M&T Bank is great for those who would like to earn a generous bonus as well as great account features to better your banking experience. All you would need to do to obtain the bonus is to enter the promo code at the time of account opening as well as meeting the simple direct deposit requirement and you could be well on your way to earning the bonus! However, there doesn’t seem to be a limit regarding how many bonuses you can open with the bank, so if you are interested, be sure to apply as soon as you can! However, if you are not currently interested, then be sure to see our complete list of Bank Deals for more offers and promotions.
