$100 Checking Bonus from M&T Bank
M&T Bank is offering checking account bonus for all the checking products at M&T Bank. You can get up to $100 bonus for opening selected checking account with qualified direct deposit. This is a great deal for new M&T bank customers. M&T Bank offers a lot of checking account products. You should look carefully to choose the best one for you.
Details about this promotion:
There is a promotion banner at the website of M&T Bank. You have to enter your zip code to get the information about the current checking promotions. M&T Bank has locations at DE, MD, NY, PA, VA, WV and DC. You have to be a resident at the above states to qualify for this promotion. You can apply online, call M&T Bank at 866-878-0329 or stop into your nearest branch.
Accounts offer $100 Cash Bonus:
M&T Power Checking, M&T Select Checking, M&T Classic Checking w/interest and M&T Direct Checking
Accounts offer $25 Cash Bonus:
M&T Totally Free Checking and M&T @College Checking
Since we can get $100 bonus for doing required banking activities, I will briefly mention how to get $100 bonus.
M&T Direct Checking is a good choice to me. There is no monthly service fee with direct deposit OR when you maintain at least $1,500 in combined average daily M&T Direct Checking and M&T Personal Savings balances. Otherwise you will be charged a $5.95 monthly fee.
This account features:
- Free M&T Web Banking and M&T Web Bill Pay**
- M&T Check Card with free Visa® Extras Rewards
- Free account access at over 1,600 M&T Bank ATMs*
- Unlimited check writing
- Plus − Direct Deposit, Overdraft Protection, Electronic Statements, Easy Save
For this $100 bonus, all you have to do is maintaining direct deposit to the account within 90 days of account opening. Bonus will be credited to the account after the first such deposit is made and will be reported as income for tax purposes. It is pretty easy to accomplish this requirement!
The name M&T is an abbreviation of Manufacturers and Traders Trust Company. And it is ranked 496th on the Fortune 500.
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“well, we all know theirs huge benefits to register a company in Cyprus, lol. My account pointed me to a few blogs on the net which i’m rather reluctant to check out as i’ve been so busy lately”
An electronic transfer of your funds can take up to six days to be credited to your M&T checking account. I do not think this is acceptable.
Be careful with the M&T Totally Free checking account! In May 2009, after Provident Bank was purchased by M&T, my checking account was converted to a “Totally Free” checking account. I received a letter stating this had occurred, but the monthly statements stopped.
On February 19, 2010, I received a statement saying that my balance was $0.00. All the money in the account had disappeared! When I called M&T, 800-724-2440, I was told that after 60 days of no activity, the “Totally Free” account becomes a “Worry Free” account, which charges $8.00 a month. Again, no statements were sent out, and I received no letter, since this is an automatic “feature” of “Totally Free” checking.
The branch manager at my M&T branch is now “looking for a solution.”