$400 M&T Bank Checking & Savings Bonus – Available Online (CT, DC, DE, MA, MD, ME, NH, NJ, NY, PA, VA, VT, WV)

Update 6/12/26: New $400 bonus available on EZCHOICE account (easier to hold with no fee). Promo code is TG and good until July 31, 2026. Hat tip to the reader AJ

Update 6/1/26: New bonuses:

$200 for MyChoice premium
$150 – MyChoice Plus
$100 – EzChoice

Remember the $350 bonus still active:

Hat tip to the reader Harry

Deal is over, see more bank account bonuses by clicking here.

Update 5/10/26: New links:

• $400 Bonus Cash.Eligible accounts include MyChoice Plus Checking, MyChoice Plus Interest-Earning Checking and MyChoice Premium Checking. Deposit $1000 within 90 days + maintain $10k monthly balance (June & July). Promo code: CP. Exp. 30.5.2026.
  https://campaigns.mtb.com/get400bonus
• $350 Bonus Cash. Eligible MyChoice Premium checking account. Deposit $1000 within 90 days. Promo code: TB. Exp. 30.6.2026. https://campaigns.mtb.com/premium-checking
• $300 Bonus Cash.Eligible accounts include EZChoice Checking, MyChoice Plus Checking, MyChoice Plus Interest-Earning Checking and MyChoice Premium Checking. Deposit $500 within 90 days. Promo code: TV. Exp. 30.5.2026. https://campaigns.mtb.com/get300bonus

Hat tip to the reader Tikky

Update 1/6/26: the $350 bonus is back in this connection by 3/31/26 at MyChoice Premium checkout. (ht Unotime1) There is also a $300 offer in this connection to the EZ Choice checking account which is always fee-free. (ht Tikky) Here is another link for $300 checking + $150 savings bonus. (ht Shawn) These are valid through 2/27/26.

Offer at a glance

• Maximum bonus amount: $100/$150/$200/$250/$350
• Availability: CT, DC, DE, MD, NJ, NY, PA, VA, VT, WV
• Direct deposit required: Yes, $500
• Additional requirements: ANY
• Hard/soft pull: Soft
• ChexSystems: yes
• Credit card financing: ANY
• Monthly fees: Avoidable
• Early account closure fee: ANY
• Expiration date: July August 15, 2018 September 5, 2018 October 31, 2018 November 26, 2018 January 16, 2019 February 25, 2019 April 1, 2019 May 13, 2019 March 2, 2020 September 15, 2020 January 11, 2021 April 5, 2021 October 5, 2021 April 30, 2022 May 27, 2022 June 28, 2022 February 24, 2023 August 25, 2023
• Family boundary: None listed

Offers

Enter your postcode and see what the offers show for you:

• M&T Bank offers $500 when you make and receive qualifying direct deposits on your new MyChoice Plus, MyChoice Plus Checking with Interest or MyChoice Premium Checking account, totaling at least $1,000 within 90 days of account opening.

Fine Press

• Accounts opened outside of eligible regions may not be eligible for the bonus.
• We will credit a cash bonus to the account if the account receives a total of at least $500 in qualified direct deposits within 90 days of account opening.
• Qualifying direct deposits include, but are not limited to, recurring electronic deposits such as payroll, pension or social security. Person-to-person transfers, wire transfers or other electronic money transfers, such as those made through online payment services, do not qualify.
• The bonus will be credited to the account within 90 days of direct deposit activation as long as the account is in good standing and all eligibility requirements are met at the time we request to credit the bonus.
• Only one Premium Checking Bonus and one Direct Deposit Bonus will be awarded per customer, regardless of the number of accounts opened.
• Bonuses are not available to existing M&T Personal Current Account customers, or those whose accounts have been closed within 180 daysemployees of M&T Bank or any of its subsidiaries, or customers who have received a bonus in connection with an M&T Personal Current Account within the previous twelve month period.
• A $50 early closure fee applies if the account is closed within 180 days of opening.
• Bonus offers may vary by product and region, are non-transferable and reportable for tax purposes.
• All bank account bonuses are treated as income/interest and as such you must pay taxes on them.

Avoidance of fees

EZChoice Control

This account has no monthly fees.

Basic Bank

This account has a $3 monthly fee that cannot be waived.

Classic control

This account has a monthly fee of $4.95 that can be waived by any of the following methods:

• Have at least 1 direct deposit in your M&T Classic Checking with Interest account
• Maintain an average daily account balance of $500 or more per monthly service billing cycle
• Make 10 or more purchases or payments with a debit card
• Maintain combined balances of $1,500 or more in eligible personal deposit accounts

Checking MyChoice Plus

This account has a monthly fee of $14.95 that can be waived by any of the following methods:

• Maintain an average daily account balance of $2,500 or more per monthly service billing cycle
• Have direct deposits into your MyChoice Plus checking account totaling at least $1,500 per monthly service billing cycle

MyChoice Premium Checkout

This account has a monthly fee of $24.95 that can be waived by any of the following methods:

• Maintain an average daily account balance of $7,500 or more per monthly service charge cycle
• Maintain total combined balances of $25,000 or more in eligible personal deposit accounts, loans and outstanding home equity balances, investments⁶ and business deposit accounts

Early account termination fee

There is no EATF

$50 Referral

There is also a $50 referral offer from M&T which must be stacked with the regular bank bonus. More details and referral sharing can be found on this dedicated page. Do not share referrals in the comments here.

Our verdict

The direct link above is just a general link on the M&T website, so the bonus should work for any zip code deemed eligible (not sure what “non-transferable” means in the fine print). I assume this bonus is available in the states listed above, as was the case last time around (note that it will not work in all fields in those states). Let us know if you see eligible areas elsewhere. Remember, you can’t do this if you received a bonus within 12 months.

Do not share referrals in the comments here.

Thanks to reader Michael for letting us know about this bonus. Learn how to find bonuses and contribute to the site here.

Useful posts about bank bonuses:

Bonus history

• Update 9/2/25: Bonus now $350. Requires premium account. December 31, 2025.
• Update 6/24/25: Bonus now $350. 30.8.2025. Use code TB. Hat tip to the reader Tikky
• Update 6/18/25: link $200, valid 6/1 – 8/31 (ht Bob Dole)
• Update 3/4/25:
• $500 bonus link /500bonus returned, promo code TO, valid until 3/31/25
• $400 bonus link / 400 bonus, promo code TJ, valid until 3/31/25
• $350 bonus link /premium check, valid until 05/31/25
• Now it shows Accounts opened outside of eligible regions may not be eligible for the bonus.Hats off to him ShawntheShawn
• Update 1/8/25: There is a new link for $500 bonus with promotional code yourvalid until 28.02.25.
• Update 12/15/24: $350 bonus again in this connection through 1/31/25 (ht Shawn)
• Update 10/30/24: New TV Code 11/30/24. This time there doesn’t seem to be any restrictions on the posters. Hat tip to the reader Mass mass
• Update 9/10/24. Apparently you must have received a mailer to qualify. $500 bonus back with promo code UC. See also this comment for the different options.
• Update 7/7/24: Another link to this offerpromo code UB. (ht RobertL)
• Update 7/2/24: Offer is back, new promo code TJ AND valid until 30/8.
• Update 4/1/24: The deal is backthis time for $400. Promo code TE and valid until 5/31/24
• Update 3/4/24: The deal is back, this time $350. Valid until 29.03.24.
• Update 1/5/24: Now has a $400 check offer, requires a $1000 direct deposit and promo code TK
• History of older posts in this comment