M&T Bank is now offering $150 cash bonus for opening a MyChoice Premium Checking account with $25 deposit. You’ll get free web banking, mobile banking, and bill pay. With over 2,000 M&T bank ATMs, it’s easy to access to your account money. You can avoid MyChoice Premium Checking $24.95 monthly fee with an average balance of $7500.
Their regular $100 bonus MyChoice Checking has less stringent requirements with only $6.95 monthly fee. Avoid monthly fee by monthly direct deposit, or $500 minimum Balance, or 10 debit card transactions per month.
Hot Tip: To collect the $150 bonus without meeting the requirements:
- Open the MyChoice Premium Checking with $25 deposit.
- Setup DD (or ACH transfer) into the account
- Email CS and change to MyChoice Checking after bonus posts (usually around 10 days after opening account), but within 30 days to avoid the $24.95 monthly fee.
Previous M&T bank promotion indicates that there is a soft pull and a $25 minimum deposit via check/ACH. You’ll need to keep the account open for 180 days to avoid early closure fee. Also, ACH deposit seems satisfy the DD requirement. This M&T bank promotion is nationwide, so I would apply ASAP to get this $150 cash bonus.
Graham Liv says
SCAM! After 90 days, M&T refuses to pay the bonus.”Your zip code in Florida disqualifies you from this offer”. Too bad they did not tell me before I opened the account & racked up fees!
Could you please answer this question, is an ACH satisfactory instead of a DD?
I went to check this out of this site and this is what the promotion entails – One cash bonus per personal checking account for activating direct deposit within 90 days of account opening. Bonus will be credited to the account within 90 days of activating direct deposit and is reportable for tax purposes.
How do you know ACH will satisfy the DD requirement? Its not stated DD or ACH. In addition, it states promo is deposited in the account within 90 days, not 10 days. Wondering whether they will honor ACH as DD though…