M&T Tailored Business Checking Bonus: Earn up to $1,500 – Ends 12/31/24

Discover how you can earn up to $1,500 with M&T Bank’s Tailored Business Checking account by meeting simple balance requirements.

Key Takeaways:

• Maximum Bonus: $1,500
• Availability: New business checking customers only
• Direct Deposit Required: No
• Monthly Fees: Waivable for the first three months
• Early Account Termination Fee: $50 if closed within six months
• Expiration Date: September 30, 2024

How to Earn M&T Bank’s $1,500 Business Checking Bonus

Opening a business checking account with M&T Bank can provide your business with a substantial bonus, making it easier to manage your finances and gain extra capital.

Here’s a straightforward guide to help you take advantage of this offer.

The Offer

M&T Bank is offering up to a $1,500 bonus for new Tailored Business Checking accounts. Here are the details:

1. Open an Account: Visit a local M&T Bank branch and open a new M&T Tailored Business Checking account by September 30, 2024. Use promo code BD.
2. Maintain Balance: Keep an average ledger balance of at least $5,000 in the third full month after account opening to qualify for a bonus.
3. Receive Bonus: Your account will be credited by the end of the fourth month, based on the following balance requirements:
   • $300 Bonus: For average ledger balances between $5,000 and $14,999.99
   • $500 Bonus: For average ledger balances between $15,000 and $99,999.99
   • $1,500 Bonus: For average ledger balances of $100,000 or more

The Fine Print

To qualify for the M&T Bank business checking bonus:

1. Account Opening: Open a new M&T Tailored Business Checking account using promo code BD between June 28, 2024, and September 30, 2024.
2. Eligibility: New business checking customers only; not available to those who have had an M&T business checking account within the last 90 days. Employees are not eligible.
3. Balance Requirement: Maintain the required average ledger balance in the third month after opening the account.
4. Bonus Payment: The bonus will be credited at the end of the fourth month if the account remains open and in good standing.
5. Tax Reporting: The bonus is reportable for tax purposes and will be included on Form 1099-INT.

Avoiding Fees

Monthly Fees

• First Three Months: No monthly maintenance fee.
• After Three Months: Fees can be waived by meeting certain conditions, such as maintaining specific balances or linking to an M&T Merchant Services account.

Early Account Termination Fee

• $50 Fee: Applies if the account is closed within six months of opening.

Our Take on the Offer

M&T Bank’s business checking bonus is an excellent opportunity for new business customers to earn a substantial bonus by maintaining average ledger balances. The flexibility of the Tailored Business Checking account, along with the additional features like overdraft protection and merchant services, makes this offer highly appealing. Ensure you meet the balance requirements and keep the account open for at least six months to fully benefit from the offer.