M&T Bank $150 MyChoice Checking Account Promotional Offer with Direct Deposit

M&T Bank is offering a $150 MyChoice Checking account bonus when you set up a direct deposit to your new account, valid for accounts opened by August 15, 2014.

Important Update: A reader has reported that M&T Bank will not honor the bonus if your ZIP code is not near one of their branches, so check your ZIP code in their branch locator before opening your account to make sure that you will qualify.

M&T Bank has branches located throughout New York, Pennsylvania, Maryland, Washington, D.C., Virginia, West Virginia, Florida, Delaware and Toronto, Canada, but you can open an account online regardless of which state you live in, as long as you are a U.S. citizen or U.S. resident alien.

Just open a MyChoice Checking account and receive at least 1 direct deposit for at least $100 within 90 days of account opening to qualify for the bonus.

How To Get $150 M&T Bank Bonus

1. Visit mtb.com/checking, enter your ZIP code, select a MyChoice Checking account type, and click “Open Now” to get started.

2. Enter Promo Code QC in the promotional code box.

3. After you open your account, set up a minimum of 1 direct deposit of at least $100 within 90 days of account opening.

Qualifying direct deposits include, but are not limited to, electronic deposits such as payroll or Social Security and do not include electronic money transfers or credits such as account-to-account transfers or those made through Internet payment services.

Check out this $150 MyChoice Checking Bonus Flyer that was posted by cjlaver on FatWallet.

The $150 bonus will be credited to the account within 90 days of your direct deposit activation as long as the account is in good standing.

Only 1 bonus will be awarded regardless of the number of accounts, titling on account, and the number of direct deposit arrangements established.

The bonus offer is not available to employees of M&T Bank or any of its affiliates.

MyChoice Checking does have a $6.95 monthly service charge, but you can avoid the charge by meeting 1 of these qualifications:

1. Have total direct deposits of $200 or more per monthly service charge cycle.

2. Make 10 or more debit card purchases or payments per monthly service charge cycle.

3. Keep an average balance of $500 or more throughout your monthly service charge cycle.

Take advantage of this M&T Bank promotion when you open a MyChoice Checking account today.

More M&T Bank Promotions

$100 M&T Bank Credit Card Offer – Get an extra $100 reward with a new credit card from M&T Bank.

$500 M&T Securities IRA Offer – Get up to $500 in cash rewards when you rollover or transfer an IRA to M&T Securities.

Review these other Bank Promotional Offers for more checking account offers.

Sign up for an M&T checking account to get a $150 bonus reward when you set up a direct deposit.

Comments

  1. Ashish says

    I opened the account yesterday then called M&T to confirm I was enrolled under the $100 bonus promo. They advised that even though I lived in NC I was not eligible for it because it was limited to an undisclosed area. Nothing in the T&C’s say where the offer is limited to.

    Dont do this bonus as it will probably not work and end up being more trouble than its worth. The rep also said that if you close an account within 180 days there is a $49 fee. No where did it say that… Awful customer service.

    • Crystal says

      I opened the My Choice checking account mainly for the $100 cash bonus reward. Then I realized that there are several M&T banks in my area. I have one closer than my primary bank and close to my job. It says that the account will be credited with the $100 reward within 90 days, so I was pleasantly surprised when my first direct deposit posted and so did the reward! I procrastinated on getting my direct deposit changed but Im glad they give you 90 days. This was an easy process and I’m very satisfied with this account.

    • says

      Hello D.D. Baller,

      According to the customer service representative that I chatted with, you should be able to open an account online if you live in any state.

      Hope this helps and thanks for the comment. Max

      • D.D. Baller says

        Hi Max,

        After reading other banking blogs, many people mentioned that MT & T Bank will not honor the bonus if your zip code is not near one of their branches. I also spoke with an online representative and she told me Oregon does not qualify.

        • says

          Interesting. Thanks for the feedback. I’ve updated the above article to reflect this information. I also updated the list of states where they have branches based on information take from their website. I appreciate your help.

Leave a Reply

Your email address will not be published. Required fields are marked *