AMERICANS can get their hands on an easy $200 bonus from M&T Bank by following a few simple steps.
The free cash will automatically hit the bank accounts of those who use the special code that M&T Bank provides.
M&T Bank is offering up to $200 in free money to customers who qualify[/caption]
Many banking giants offer a sign-up bonus when opening a new account in an effort to lure in new customers.
Qualifying for these bonuses, which can be upwards of $100, is generally easy.
New account holders generally just need to make a minimum deposit or set up direct deposit to score the cash.
M&T Bank, a regional financial institution with a strong presence in the East Coast, is offering up $200 to qualifying customers.
The sign-up offer is available to those who open a new MyChoice Premium Checking Account and use the special promo code provided upon account signup.
Customers must direct deposit $500 or more within 90 days of opening their MyChoice Premium Checking Account to qualify for the offer, which expires on July 31.
There are a few key things that M&T Bank customers should know about the MyChoice Premium Checking Account, including that there is a $24.95 monthly maintenance fee and a $25 minimum deposit to open the account.
There is also a $15 per day overdraft fee on the account, which earns 0.01% APY for those with an account balance of $1 or more.
The MyChoice Premium Checking Account also conveniently has no out-of-network ATM fee as well as options to waive the monthly maintenance fee.
SEEING GREEN
M&T Bank is hosting other active sign-up bonuses that new account holders can take advantage of.
The banking giant is offering $150, for example, to customers who open a new MyChoice Plus Checking Account and use the promo code provided upon signup.
The free money is available to those who make at least $500 in qualifying direct deposits within 90 days of establishing their new M&T Bank account.
This sign-up bonus similarly expires on July 31.
The MyChoice Plus Checking Account comes with the following stipulations:
- $14.95 monthly maintenance fee
- $25 minimum deposit to open
- $1 minimum balance required to earn APY
- 0.01% APY
- Free ATM network at 1600+ M&T Bank ATMs
- ATM fee reimbursement up to $2 per transaction
- $15 per day overdraft fee
Top 10 bank sign-up bonuses
- E-Trade from Morgan Stanley: Up to $10,000
- Chase Private Client Checking: Up to $3,000
- Flushing Complete Checking: Up to $2,500
- Wells Fargo Premier Checking: Up to $2,500
- Capital One 360 Performance Savings Account: Up to $1,500
- Citi Checking Account: Up to $1,500
- Huntington Business Checking Account: Up to $1,000
- Chase Total Checking and Chase Savings: Up to $900
- Huntington Bank Platinum Perks Checking: Up to $600
- Associated Bank Checking Account: Up to $600
Source: MarketWatch
M&T Bank customers can also earn a $100 bonus by using the provided promo code when opening a EZChoice Checking Account and depositing at least $500 within 90 days.
The EZChoice Checking Account differs from the other two accounts in that there is no monthly maintenance fee and this account does not earn interest.
This promotion likewise expires at the end of July.
For all three offers from M&T Bank, customers who meet the signup and direct deposit requirements should see the free cash automatically hit their bank accounts within a few weeks or months.
Other popular banks are also offering Americans incentives to create new accounts.
For example, Americans can get up to $500 in free money from Chase – see the exact steps to follow before the July 17 deadline.
Customers can also get an “automatic” payment of up to $450 from US Bank if they take action before the June 26 deadline.
