M&T Bank is now offering CT, DC, DE, MD, NJ, NY, PA, VA, and WV residents a chance to earn a $250 bonus when you open a new qualifying personal checking account by July 1, 2019 with Promo Code: TH.
To qualify for the promotion, all you need to do is set up a qualifying direct deposit of $500 or more within 90 days of account opening. After you have completed the direct deposit requirement, you will receive the $250 bonus within 90 days after completion.
If you’re interested in this promotion, sign up today! Be sure to check out other latest M&T Bank bonuses at M&T Bank Promotions for more info. Plus, check out what other banks are offering, such as HSBC Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Credit goes to Aaron for letting us know about this bank bonus. Let us know if you find a new bank bonus and get paid up to $15 through our Rewards Program.
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M&T Bank $250 Bonus Information
- Direct Link to Offer
- Account Type: MyChoice Plus Checking
- Availability: CT, DC, DE, FL, MD, NJ, NY, OR, PA, VA, WV (Bank Locator)
- Expiration Date: 07/01/2019
- Credit Inquiry: Soft Pull
- ChexSystems: Yes
- Opening Deposit: $25
- Credit Card Funding: No
- Direct Deposit Requirement: Yes, must be at least $500 or more within 90 days
- Monthly Fee: $14.95-$24.95, see below on how to avoid
- Additional Requirements: See below
- Household Limit: None listed
- Closing Account Fee: $50, if closed within 180 days of account opening
What Triggers Direct Deposit? Alternative Methods
Many bank bonuses require you to make real direct deposit from your job to receive the sign up bonus. However, switching to your real paycheck can be frustrating and time consuming. You can find alternative methods below which many readers have reported to trigger direct deposit to receive the sign up bonus. Simply set up ACH transfers from these institutions to trigger direct deposit. Again, Your Mileage May Vary (YMMV). Please help us with your experience if you find a different method or to confirm a current method for direct deposit in the comments section below.
- ACH
- ACH trial deposits
- Capital One ACH trial deposits
- Chase trial Deposits
- Citi ACH trial deposits
- Discover
- HSBC
- Paypal
- Paypal trial deposits
- PNC test deposits
How To Earn M&T Bank $250 Bonus
- Open a MyChoice Plus Checking account from M&T Bank by July 1, 2019.
- Use Promo Code: TH at account opening to qualify
- Set up and receive a direct deposit of $500+ within 90 days of account opening.
- Bonus will post to the account within 90 days of meeting the direct deposit requirement.
How To Avoid Monthly Fees
- MyChoice Plus Checking – $14.95 that can be waived with any of the following methods:
- Keep an average daily balance of $2,500 or more in the account per monthly service charge cycle
- Have direct deposits to your account totaling at least $1,500 per monthly service charge cycle
- MyChoice Premium Checking – $24.95 that can be waived with any of the following methods:
- $7,500 or more average balance in this account
- $25,000 or more combined balances in eligible M&T accounts
Bottom Line
This is an easy way to earn the $250 bonus from M&T Bank bonus without maintaining a minimum daily balance. Keep in mind all bank account bonuses are treated as income/interest and as such you have to pay taxes on them.
Let us know how your account experience went by commenting below. Open a new checking account with M&T bank today to start enjoying the many benefits along with the extra bonus. If this offer does note suit you or if you are looking for other options, find more Bank Promotions on our extensive list of bank promotions across the U.S.
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