M&T Bank is offering a $300, $500, $750, or $1500 bonus for opening a business checking account and depositing the following amounts:
- $300 Bonus: $5,000 – $14,999.99
- $500 Bonus: $15,000 – $29,999.99
- $750 Bonus: $30,000 – $99,999.99
- $1,500 Bonus: $100,000 or more
Promotion link
https://campaigns.mtb.com/bizbonus
Promotion details
- Expiration date: June 30, 2026
- Availability locations: CT, DC, DE, FL, MA, MD, ME, NH, NJ, NY, PA, VA, VT, WV
- Account type: Business Essential Checking (lowest monthly fee)
- Promote code: BD (auto applied when applying online)
- Direct deposit needed: No
- New customer only: Yes, must not have had a non-personal M&T checking account within the previous 90 days
- Min. opening deposit: —
- Monthly fee avoidable: $5 (for Business Essential Checking) — waived if balance is at least $1,000
- How long to keep account open: 180 days after opening
- Bonus post date: End of the fourth month after the account is opened
- Others: Maintain the required balance during the third full month after opening
- Example: For the $750 bonus tier, if account is opened in January, then must maintain $30,000+ average balance throughout April
