M&T Bank Checking Bonus Still Available, Get It Again

M&T Bank is still offering a $150 bonus for opening a new checking account. The offer is available till 3/31/2016 6/30/2016. It’s a great bonus with easy requirements and the $150 posts on the same day as your $100 direct deposit requirement. But you probably know this since I already covered the bonus.

M T Bank    150 Cash Bonus.jpeg

One thing that isn’t very clear from the terms is if this bonus is churnable. In other words, if you can get the bonus again, or how long you have to wait to get it again. The terms just say “this offer is valid on new accounts”. So it looks like if you open a new account, then you get the bonus.

I tested it out and apparently you’re able to get the bonus again. I’m not sure how long you have to wait exactly after closing the previous account, but I closed my account mid October and opened a new one in mid January, less than three months after. I received the bonus both times.

So if you’ve already received the bonus and closed the account, you might want to go for it again. I’d suggest waiting at least 2-3 months.


15 thoughts on “M&T Bank Checking Bonus Still Available, Get It Again

  1. Confirmed churnable. Just got my bonus from my second go-round. I waited 6 months after closing before trying again.

    CapOne 360 counted as DD, bonus posted same day.

  2. Couldn’t find the link, though I was able to swap out a working zip code for my zip code in the url and the bonus still showed up on the sign up page, so not sure if anyone has done this and had it work

    • There’s a few reports of some zip codes that don’t work in states that are included. I’m sorry, I don’t know if there’s any work arounds. Try a different zip code maybe, and see if you have a chance to change it after. It’s risky though

      • I had read online that you can change the url ending and the bonus option will show up when you apply, Have you heard anything about this?

  3. Great info. I was looking all over for this a few days ago. I closed my account about 3 months ago as well and was wandering how long did I have to wait since it expires at the end of March. Cheers!

  4. Thanks. I am new to this. First I open an account. Then add that account to my pay pal and transfer. Is that how it works?

    • Yes. I personally did a transfer from Capital One 360, for the opening deposit of $25 and the $100 “direct deposit”.

      You should also set up a recurring transfer of $1 or so to keep the account fee free.

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