M&T Bank, New $200 Checking Account Bonus
M&T Bank has had a lots of promotions recently, offering as much as $250 for new accounts. Most offers expired on 5/24 but there’s two offers for $150 that have been extended till 9/30. Now there’s a new, even better offer available till August.
The Offers
In order to receive the $200 bonus you need to open a new personal checking account by August 18, 2017 with promo code QJ and make a direct deposit of at least $100 within 90 days of account opening.
Open account here.
Fees
EZChoice Checking is the best option. You can avoid the $6.95 monthly fee just by making one transaction such as a deposit, withdrawal, or debit purchase every month. If you have more than one M&T account than a small transfer from one to the other will satisfy that requirement.
Both accounts have an Early Account Closure Fee of $50.00 if account is closed within 180 days of opening.
Conclusion
The $200 bonus is the best we have seen for an EZChoice Checking account that could easily be kept open, fee free. You should be able to get more than one bonus for every new account that you open. You just need to use a different promo code every time. ACH deposits of at least $100 seem to trigger the bonus which posts on the same day as the ACH deposit. Major banks such as Chase, Capital One, Alliant etc will work for the ACH transfer.
We wrote previously that even though the promotion is limited only to a few states, it seems to be working nationwide.
HT: Doctor of Credit
Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card is the old king of travel rewards cards. Right now
bonus_miles_full
Learn more about this card and its features!
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
do you know if a capital one bank xfer counts as a direct deposit?
great post! thx!
It has worked for me.