M&T Bank has had some great bonuses recently and some of them are still available. These bonus offers are limited to CT, DC, DE, MD, NJ, NY, PA, VA and WV in the terms, but apparently everyone can get them nationwide. I live in one of the eligible states so I have received some of these bonus but I was surprised to find out that PDX Deals Guy who doesn’t, was able to get the bonus as well.
One word of caution to those who are not in the eligible states. Just because it works for now, doesn’t mean that M&T Bank will keep paying the bonuses to everyone.
Available Bonuses
Each bonus comes with a different promo code. These are the bonuses that are still available.
- Promo Code: QL
- Account: EZChoice Checking
- Expiration: 5/24/2017
- Bonus: $200
- Promo Code: QI
- Account: EZChoice Checking
- Expiration: 5/24/2017
- Bonus: $200
- Promo Code: QC
- Account: EZChoice Checking
- Expiration: 6/30/2017
- Bonus: $150
- Promo Code: QE
- Account: EZChoice Checking
- Expiration: 5/24/2017
- Bonus: $150
- Promo Code: QD
- Account: EZChoice Checking
- Expiration: 6/30/2017
- Bonus: $150
- Promo Code: QH
- Account: MyChoice Premium Checking
- Expiration: 5/31/2017
- Bonus: $250
Fees
EZChoice Checking is the best option and works for the first three bonuses listed above. You can avoid the $6.95 monthly fee just by making one transaction such as a deposit, withdrawal, or debit purchase every month.
MyChoice Premium Checking, which is required for the last bonus, comes with a $24.95 monthly fee that can be waived with a daily balance of $7,500.
Both accounts have an Early Account Closure Fee of $50.00 if account is closed within 180 days of opening.
Guru’s Wrap-Up
This is one of the most generous bonuses that we have seen. The requirements are pretty easy to meet and at least for the EZChoice Checking account it’s easy to waive the monthly fee. What makes these bonuses great is the fact that you should be able to get more than one. You just need to use a different promo code every time. ACH deposits of at least $100 seem to trigger the bonus which posts on the same day as the ACH deposit. Major banks such as Chase, Capital One, Alliant etc will work for the ACH transfer.
