Newest M&T Bank Promotions: Best Offers, Coupons and Bonuses August 2020

M&T Bank promotions

M&T Bank has more than 750 branch locations across several states and offers the standard online and mobile banking options. Like many banks and credit unions, M&T offers bonuses that can put hundreds of dollars of cash in your pocket when you sign up for new accounts and products.

Keep reading to learn how you can earn free money through M&T Bank’s latest promotions.

M&T Bank Promotions at a Glance

There’s no M&T Bank checking account bonus this month, but you can take advantage of offers on credit cards. Here’s a quick look:

M&T Bank Promotions at a Glance: August 2020
Account Cash Value of Bonus Expiration Date
M&T Visa Signature Credit Card $100 None
M&T Visa Credit Card with Rewards $100 None
M&T Business Rewards Credit Card $100 None

Current M&T Bank Credit Card Promotions

The latest M&T Bank bonuses are tied to select credit card accounts — and unlike bonuses at other banks, those offered at M&T don’t require you to spend a lot of money. Read on to learn more.

M&T Visa Signature Credit Card: $100 Value

The M&T Visa Signature Credit Card lets you earn unlimited 1.5% cash back on all purchases and also comes with features like no foreign transaction fees, fraud protection and contactless technology. New cardholders can get 10,000 bonus points when they meet certain spending requirements.

Here’s more:

  • Cash value: $100
  • Minimum spend to qualify: $500
  • Expiration date: None
  • How to get it: Apply and get approved for a new M&T Visa Signature Credit Card account and use it to spend $500 within the first 90 days.
  • When you’ll get it: After you meet the spending requirements
  • Terms and conditions: Subject to credit approval
  • Annual fee: None
  • Promotion pageM&T Visa Signature Credit Card bonus offer

M&T Visa Credit Card With Rewards: $100 Value

This card lets you earn one point for every dollar you spend. You also get a 0% annual percentage rate for the first 12 billing cycles.

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New account holders can earn 10,000 bonus points, worth $100, that you can redeem for merchandise, cash, gift cards and travel. Here are the details:

  • Cash value: $100
  • Minimum spend to qualify: $500
  • Expiration date: None
  • How to get it: Apply and get approved for a new M&T Visa Credit Card with Rewards card and spend at least $500 within the first 90 days after opening it.
  • When you’ll get it: After you meet the spending requirements
  • Terms and conditions: Subject to credit approval; promotion can be discontinued at any time
  • Annual fee: None
  • Promotion pageM&T Visa Credit Card With Rewards bonus offer

M&T Business Rewards Credit Card: $100 Value

This business credit card offers 1.5% cash back on every purchase. You can add employee cards for free and set spending limits for each one.

Here’s more:

  • Cash value: $100
  • Minimum spend to qualify: $500
  • Expiration date: None
  • How to get it: Apply for the card at a branch, get approved and make $500 in purchases in the first 90 days.  No M&T Bank coupon code is needed.
  • When you’ll get it: Not specified
  • Terms and conditions: Subject to credit approval
  • Annual fee: None
  • Promotion pageM&T Business Rewards Credit Card bonus offer

Past M&T Bank Promotions

Although M&T doesn’t currently offer bonuses for opening new checking and savings accounts, that could change in the future. Learning about the promotions a bank offered in the past can give you an indication of future deals. Keep reading to learn more about recent M&T Bank promotions.

EZChoice Checking: $150 Bonus

EZChoice Checking is a no-frills checking account that comes with no monthly maintenance fees. This bonus offered a $150 cash bonus to new account holders.

Here are the details:

  • Cash value: $150
  • Expiration date: Expired
  • How to get it: You needed to open a new EZChoice Checking account before June 1 and receive at least $500 in qualifying direct deposits within the first 90 days.

MyChoice Plus Checking Account: $250 Bonus

The MyChoice Plus Checking account comes with features like reimbursements for fees incurred at non-M&T Bank ATMs and relationship rates on loans. An earlier promotion let you earn a $250 cash bonus when you opened a new account and set up recurring direct deposits.

Here are the details:

  • Cash value: $250
  • Expiration date: Expired
  • How to get it: You needed to open a new MyChoice Plus Checking account before June 1 and receive direct deposits totaling at least $500 within the first 90 days.

MyChoice Premium Checking Account: $250 Bonus

The top-tier MyChoice Premium checking account gives you access to relationship rates on savings, investments and loans. For a limited time, you could also have scored a $250 cash bonus when you opened a new account and met certain deposit criteria.

Here’s more:

  • Cash value: $250
  • Expiration date: Expired
  • How to get it: You needed to open a new checking account using the promo code provided by the bank, then receive qualifying direct deposits that totaled at least $500 within the first 90 days.

How To Open an M&T Bank Account

You can open an M&T account at a local branch or online. Here’s what you’ll need to provide:

  • Name and address
  • Date of birth
  • Valid U.S. driver’s license or non-driver’s ID
  • Social Security number

How Much Money Will M&T Bank Give You for Opening an Account?

With bonuses of $100 each, M&T Bank’s current promotions are relatively modest, but its past promotions have paid out as much as $250. If you’re thinking about switching banks, you might want to wait to see if M&T offers a new checking account promotion.

You should also check out the products and services the bank offers to make sure it’s a good fit. If M&T meets your financial needs — and you live the bank’s service area — you might find it worthwhile to switch over and take advantage of the cash bonuses.

Check back each month for updates and new promotions as they are available. If none of the above promotions seem like a good fit for you, there are also a number of other banks offering promotions this month.

Information on promotions is accurate as of July 28, 2020. Additional requirements may apply. Offers and terms are subject to change.

This content is not provided by M&T Bank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by M&T Bank.

This article has been updated with additional reporting since its original publication.

About the Author

Cynthia Paez Bowman is a personal finance writer with degrees from American University in international business and journalism. Besides writing about personal finance, she writes about real estate, interior design and architecture. Her work has been featured in MSN, Brex, Freshome, MyMove, Emirates’ Open Skies magazine and more.