M&T Bank has over 700 branch locations across several states and offers 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.
M&T Bank Bonuses and Promotions: November 2025
| Account | Bonus Amount | Expiration Date |
|---|---|---|
| MyChoice Premium Checking | $200 | Jan. 31, 2026 |
| MyChoice Plus Checking | $150 | Jan. 31, 2026 |
| EZChoice Checking | $100 | Jan. 31, 2026 |
M&T Bank Checking Account Bonuses
M&T Bank is offering potential customers bonuses up to $200 for opening a personal checking account. Eligible accounts include Mychoice Premium, Mychoice Plus and EZChoice checking accounts.
MyChoice Premium Checking Account: $200 Bonus
The top-tier MyChoice Premium checking account gives you access to relationship rates on savings, investments and loans. For a limited time, you can also score a $200 cash bonus when you open a new account and meet certain deposit criteria.
- Bonus value: $200
- Minimum deposit to qualify: $500
- Expiration date: Jan. 31, 2026
- How to get it: Open your account using the promo code. Set up qualifying direct deposits of at least $500 within 90 days of account opening.
- When you’ll get it: Within 90 days
- Terms and conditions: You must be at least 18 years of age and not have received a M&T cash bonus within the last 12 months. Only one bonus will be awarded per customer.
Earn your cash bonus by opening a new M&T Bank MyChoice Premium Checking account.
MyChoice Plus Checking Account: $150 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. A limited-time promotion lets you earn a $150 cash bonus when you open a new account and set up direct deposits.
- Bonus value: $150
- Minimum deposit to qualify: $500
- Expiration date: Dec. 31, 2025
- How to get it: Open your account using the promo code. Set up qualifying direct deposits of at least $500 within 90 days of account opening.
- When you’ll get it: Within 90 days
- Terms and conditions: You must be at least 18 years of age and not have received a M&T cash bonus within the last 12 months. Only one bonus will be awarded per customer.
Claim your bonus by opening an M&T Bank MyChoice Plus Checking account.
EZChoice Checking: $100 Bonus
EZChoice Checking is a no-frills checking account that comes with no monthly maintenance fees. This bonus offers a $100 cash bonus to new account holders.
- Bonus value: $100
- Minimum deposit to qualify: $500
- Expiration date: Jan. 31, 2026
- How to get it: Open your account using the promo code. Set up qualifying direct deposits of at least $500 within 90 days of account opening.
- When you’ll get it: Within 90 days
- Terms and conditions: You must be at least 18 years of age and not have received a M&T cash bonus within the last 12 months. Only one bonus will be awarded per customer.
Get your bonus by opening a new M&T Bank EZChoice Checking account.
How To Qualify for an M&T Bank Bonus
To earn an M&T Bank bonus, you must open an account. You can open a new 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
Comparing M&T Bank Offers to Competitor Promotions
M&T Bank’s bonuses are competitive but how do they compare to offers from other banks? Here’s a side-by-side breakdown:
| Bank and Account | Bonus Amount | Requirements | Expiration |
|---|---|---|---|
| M&T Bank MyChoice Premium Checking | $200 | Open a new checking account and set up direct deposits of at least $500 within 90 days. | Dec. 31, 2025 |
| Chase Bank Chase Total Checking | $300 | Open your account and make direct deposits totaling $500 or more within 90 days. | Jan. 21, 2026 |
| Wells Fargo Everyday Checking | $325 | Open a new account with $25 and set up direct deposits totaling $1,000 or more within 90 days. | Oct. 15, 2025 |
| Huntington Bank Platinum Perks Checking | $600 | Open an account and deposit at least $25,000 in new money within 90 days. | Jan. 16, 2026 |
If you’re looking for a new bank, you’ll want to compare more than just promotions or bonuses. Consider rates, fees and what accounts they offer to find the right fit.
MOST COMPARABLE
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$0 or $15, with options to waive
$5 to $35 waivable monthly fee
$10 to $25
APY
APY
APY
N/A
Up to
N/A
Min Opening
Min Opening
Min Opening
$0
$25
$0
MOST COMPARABLE
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$5 monthly, waivable
Up to $12 monthly service fee – can be waived
$4 to $10
APY
APY
APY
Up to for Platinum Savings accounts
Up to
Min Opening
Min Opening
Min Opening
$0
$25
$50
MOST COMPARABLE
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
No monthly service fee
Early withdrawal penalty may apply
No monthly service fee
APY
APY
APY
Up to
Up to
on 5-month promo CD
Min Opening
Min Opening
Min Opening
$1,000
$2,500 to $5,000
$1,000
Tips for Maximizing Your M&T Bank Bonus
To make sure you receive the full bonus, keep these tips in mind:
- Use fresh funds: Many banks require that your deposit comes from outside the bank. Transferring funds from the same bank might not count. Make sure you read the fine print before setting up your deposits.
- Keep your account open: Closing your account could cause you to forfeit your bonus.
- Double-check the promo code: Some promotions require you to use a promotional code. Verify you entered it correctly before going to the next step.
Should You Get an M&T Bank Account?
With bonuses of up to $200, M&T Bank’s current promotions may be a good reason to open an account. You should 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 in the bank’s service area — you might find it worthwhile to switch over and take advantage of the cash bonuses.
M&T Bank Bonuses: FAQ
Here are answers to some commonly asked questions about M&T Bank bonuses and how you can qualify.- How long does it take to receive a new account bonus?
- M&T Bank typically issues the bonus within 90 days of you meeting the requirements.
- Can existing customers qualify for these promotions?
- The current M&T bonuses are for new customers looking to open a checking account.
- What happens if I close my account early?
- If you close your account early before meeting all the requirements, you might not get the bonus. Be sure to read the fine print to see if there is a set amount of time your account needs to stay open.
- Are there any taxes on bank bonuses?
- Yes, bank bonuses are taxable income. M&T Bank will likely send you a 1099-INT form — make sure to include it when filing your taxes.
More About M&T Bank
- M&T Bank Review
- M&T Bank Routing Number
- M&T Bank CD Rates
- M&T Bank Money Market Account
- M&T Bank Hours and Holidays
Cynthia Bowman contributed to the reporting for this article.
Information is accurate as of Nov. 10, 2025.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.