M&T Bank is offering three different cash bonus promotions if you open up a checking account by 3/31/2022. Simply apply online or visit your local M&T Bank to open an account and set up a direct deposit totaling a certain amount within 90 days to receive your bonus.
When it comes to regional banks, M&T Bank is one of the largest and most recognizable in the northeast United States. It helps that they have their name all over M&T Bank Stadium, home of the NFL’s Baltimore Ravens!
Founded in 1865, M&T Bank stands for Manufacturers and Traders Trust. They are headquartered in Buffalo, NY and its FDIC# is 588.
Living in Baltimore, we see M&T Bank branches all over the place. Their headquarters are in the northern part of New York but they have branches scattered throughout the northeast of the United States.
If you are near an M&T Bank, you can take advantage of one of the most generous bank promotions available right now.
M&T Bank promotions are available to residents: of CT, DC, DE, MD, NJ, NY, PA, VA, WV.
Here are the current offers, all of which expires on 3/31/2022.
M&T Bank runs different promotions in different areas. The accounts are the same but the amount of the welcome bonus will vary. The values listed below are ranges and the screenshot was taken in a Maryland ZIP code.
Check out our full review of M&T Bank here.
Table of Contents
MyChoice Premium Checking & Money Market – up to $450
M&T Bank has a new promotion where you can get up to $450 when you open a MyChoice Premium Checking account and it does not require a direct deposit.
By 5/27/2022, open a MyChoice Premium Checking with the promo code CF and then maintain an average monthly balance of at least $10,000 in June 2022 and July 2022 – that gets you $350.
Open a MyChoice Money Market account and maintain an average monthly balance of at least $10,000 in June 2022 and July 2022 – that gets you an extra $100.
The cash bonus will be credited by 8/31/2022 when you meet the requirements.
EZChoice Checking Account – $150 [EXPIRED]
You can get $150 when you open an EZChoice Checking account and receive at least $500 in qualifying direct deposits within 90 days of account opening.
The EZChoice Checking has no monthly maintenance charge and no minimum balance requirement – but the minimum opening balance is $25.
MyChoice Plus – $250 [EXPIRED]
You can get $250 when you open a MyChoice Plus checking account and receive at least $500 in qualifying direct deposits within 90 days of account opening.
The MyChoice Plus offers ATM surcharge rebates and some interest, though you must have direct deposits of $1,500+ or more each month or a $2,500+ average daily balance to avoid the $14.95 monthly maintenance charge.
How Does This Promotion Compare?
We maintain a list of the best bank promotions over $100 and the dollar amounts of the promotions are comparable to the highest on the list.
⭐Citi Priority Account – $300, $700, or $1,500
Citi Priority is offering $300, $700, or $1,500 bonus when you open an account by 7/17/2022. Then, within 20 days of opening your account, deposit at least $15,000 in New-to-Citi funds and keep it there for 60 days after the 21st day. The bonus amount is based on how much you can transfer but the lowest tier starts at $15,000.
Discover Online Savings Account – $150 or $200
Discover Bank is offering a $150 or $200 bonus when you open your first Discover Online Savings Account with the promotion code WH222 and deposit at least $15,000 into the account within 30 days. You get $150 if you deposit $15,000 or more and $200 if you deposit $25,000.
Chase Total Checking® – $200
Chase Bank will give you $200 when you open a Total Checking account and set up direct deposit within 90 days. There is a $12 monthly fee that is waivable with a monthly direct deposit of just $500, so no gotchas on this deal!
SoFi Money – up to $300
SoFi Money will give you up to $300 if you open an account and make direct deposits of at least $1,000. The bonus will be based on the total amount of those direct deposits in a 30-day evaluation period.
HSBC Premier Checking – $450
HSBC has an offer where you can get $450 for eligible new customers who open an HSBC Premier checking account and make recurring monthly qualifying direct deposits of at least $5,000 for 3 consecutive months.
Huntington Bank – up to $300
If you are a resident of Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Dakota, West Virginia, or Wisconsin then you could get up to $300 from Huntington Bank for opening a new checking account. There are several checking accounts that qualify but they’re great offers if you live in their geographic region.
TD Bank – $300 or $150
TD bank has two bank offers for checking accounts and both are fairly easy to attain. For example, get $300 when you open a TD Beyond Checking account and receive direct deposits of $2,500 or more within 60 days of opening your account.
The EZChoice Checking promotional and the MyChoice Plus offers are OK but you can certainly do better than the MyChoice Premium and its high minimums.
Amber says
Can you still get the sign up bonus if you don’t do the 25$ minimum opening deposit when opening the account? What if it doesn’t ask for the 25$ and let’s you open the account without it saying you will give it in the 60 day period along with the 500$ direct deposit you are going to do in order to get the sign up bonus. Will you still get the bonus without the first day 25$ but do the direct deposits each week after totaling way more than 500$ in the 60 day period
The minimum opening deposit is what they will need to open the account itself, so you won’t be able to open an account without depositing $25 to start.