M&T Bank Checking Account $500 Bonus Offer
*This bonus offer has expired*
M&T Bank if offering an excellent $500 bonus for opening a new M&T Bank Checking account. The $500 bonus is one of the better bank bonus offers for checking and savings accounts.
M&T Bank Checking Account $500 Bonus Offer
M&T Bank $500 Bonus Offer Details
The following are the qualifying activities you need to complete in the required time frame.
M&T Bank is offering a checking account bonus of $500.
- Open a new M&T Bank MyChoice Plus or Premium Checking account by 10/25/24
- Use the promo code UC
- Get $500 when you set up qualifying direct deposits to your new MyChoice Plus or Premium Checking account, totaling at least $1,000 within 90 days of account opening
- Your cash bonus will be credited with 90 days of qualifying requirements being met.
ACH transfers from Alliant Bank, Fidcelity, Schwab, SoFi, USAA, Wealthfront, Vanguard and others have worked in the past to trigger the bonus.
Or you can use direct deposits from your employer, pension, or social security to trigger the bonus.
M&T Bank Checking Account $500 Bonus Offer
How To Avoid Checking Account Fees
The M&T Bank MyChoice Premium Checking account comes with a high monthly service fee of $24.95 which is waived if you complete any of the following:
- if you maintain an average daily balance of $7,500 or more per monthly service charge cycle
- or keep total combined average daily balances of $25,000 or more in eligible accounts
The M&T Bank MyChoice Plus checking account has a $14.95 monthly fee. This will be waived if you meet any of the following conditions:
- if you maintain an average daily balance of $2,500 or more per monthly service charge cycle
- or have direct deposits totaling $1,500 or more per monthly service charge cycle
M&T Bank Checking Account $500 Bonus Offer
Here are more items in the M&T Bank checking account $500 bonus offer fine print:
- To receive the Direct Deposit Bonus, open a new MyChoice Plus or Premium Checking account between 9/3/24 and 10/25/24
- Make at least $1,000 in qualifying direct deposits within 90 days of account opening.
- Qualifying direct deposits include recurring electronic deposits of payroll, pension or Social Security.
- Person-to-person, bank or other electronic money transfers, such as those made through internet payment services, do not qualify.
- The bonus will be credited to your account within 90 days of all requirements being met.
- The promo code is required at account opening to qualify for the bonus.
- Your new M&T M&T MyChoice Plus or MyChoice Premium checking account must still be open when we seek to credit the bonus.
- Only one Direct Deposit bonus will be awarded per customer regardless of the number of accounts opened.
- 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 credited to a personal M&T checking account within the last 12 months
- Only the primary signer on the new checking account may be eligible for the Bonus.
- 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.
M&T Bank Checking Account $500 Bonus Offer
Other details and summary of the M&T Bank $500 bonus offer:
- Bonus amount: $500
- Availability: Available in CT, DC, DE, MA, MD, ME, NH, NJ, NY, PA, VA, VT, WV
- Apply: Online or in-branch
- Direct deposit required: Yes $1000 or more
- Hard/soft pull: Soft
- Monthly fees: $14.95 or $24.95, waivable
- Early account termination fee: $50 if closed before 180 days
- Household limit: None listed
- Expiration date: Offer expires 10/25/24 (not sure this will be extended or not)
Link to Offer: M&T Bank Checking Account $500 Bonus Offer
Recommendations: This is a very good checking account bonus offer. The direct deposit requirement is only $1000 minimum.
If you apply for this M&T Bank checking account bonus offer make sure the code UC is applied so you can get the bonus.
I recommend that you take a screenshot of the application page showing that the code was applied. In case there is any problem getting M&T Bank to pay the bonus.
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