Posted by William Charles on April 8, 2017
Bank Account Bonuses

Published on April 8th, 2017 | by William Charles

307

[Expired] M&T Bank $250 Checking Bonus – Available Online (QH) [AZ, CT, DC, DE, MD, NJ, NY, PA, VA, WV]

This bonus has expired and is no longer valid. Click here to view the best current checking bonuses.

Offer at a glance

  • Maximum bonus amount: $250
  • Availability: AZ, CT, DC, DE, MD, NJ, NY, PA, VA, WV
  • Direct deposit required: Yes, $100
  • Additional requirements: Open MyChoice account
  • Hard/soft pull: Soft
  • ChexSystems: Yes
  • Credit card funding: None
  • Monthly fees: Avoidable
  • Early account termination fee: $50 180-days
  • Expiration date: May 31st, 2017
  • Household limit: None listed

The Offer

No direct link to offer (go to mtb.com/checking and enter promo code QH, supposed to be targeted but hasn’t been enforced in the past)

  • Open a new M&T MyChoice Premium checking account by May 31st, 2017 with the promotional code QH and receive a sign up bonus of $250 when you do the following:
  • Set up a qualifying direct deposit of $100 or more within 90 days of account opening

m&t qh

mt qh

The Fine Print

  • Primary signer on the new checking account may not be or have been a primary or secondary signer on any M&T personal checking account within the previous six (6) months. Only one bonus awarded per household
  • Qualifying direct deposits include but are not limited to electronic deposits such as payroll or social security and do not include electronic money transfers or credits such as account-to-account transfers or those made through internet payment services
  • Bonus will post to the account within 90 days of meeting the direct deposit requirement
  • Limited to one bonus per customer
  • Offer may vary by region and product
  • Offer is nontransferable
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Unlike other M&T bank promotions, this one only works on the MyChoice Premium checking account. First month fee is waived according to this comment.

MyChoice Premium Checking $24.95 Per Month

This account has a $24.95 per month fee, this is waived when you do either of the following:

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

Early Account Termination Fee

Looks to be $50 now if closed within 180 days

Our Verdict

These bonuses from M&T keep stacking up (because you can seemingly churn them with no restrictions, one bonus per promo code). The deal is technically targeted, but not enforced. In addition neither is the state restriction…

They also have the following offers:

I really hope this continues. Also adding this to our list of the best bank account bonuses.

Big thanks to reader, Richard B who let us know. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses:



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Andy
Andy

I already have 4 accounts. At what point will they stop us and try to claw back?

Miya
Miya

Do you have 4 separate online logins with the 4 accounts, or can you consolidate somehow?

Andy
Andy

They are automatically moved to one login.

Anon
Anon

How long do you wait before you close and open a new account?

Andy
Andy

None are closed yet, there is a 180 day early termination fee. I’ve opened some in the same week with no issues thus far.

bt
bt

Same. No issues so far.

James
James

This is what I’m wondering as well. I honestly doubt that M&T intends for people to get more than one bonus total.

At a certain point they might get pissed off and crack down. Especially since some people probably got at least 2k plus already

James
James

Actually looking at the fine print:
“Primary signer on the new checking account may not be or have been a primary or secondary signer on any M&T personal checking account within the previous six (6) months. Only one bonus awarded per household.

jz
jz

Is the fine print (“Primary signer on the new checking account may not be or have been a primary or secondary signer on any M&T personal checking account within the previous six (6) months. Only one bonus awarded per household.) something new? Can anyone confirm? I’m thinking about opening another one. Thanks.

James
James

It seems like it’s new language added with this offer. The other two current offers, QI $200,:
http://3ie87c2dond928rt2e2zzo8o.wpengine.netdna-cdn.com/wp-content/uploads/2017/03/mt-q2.jpg
and $150,:
https://bank.mtb.com/bonuscoupon/?pid=75&bposn=6-a-h-sp-n-p
don’t say anything about having past accounts. Some of the past M&T posts on here don’t say anything about past accounts either.

Iz
Iz

Looks like they may finally be catching on. I’m going to wait for some DPs to roll in before jumping on this one.

Ian
Ian

Will, you should include this in the fine print section post? fyi, this was always in the offer for the 250 MyChoice Premium bonus. (Reddit soft_bespoken saw it in Jan ’17).

Ben O.
Ben O.

Did you open different types of accounts all 4 times or multiple EZ Choices?

Andy
Andy

All EZ Choice unless otherwise specified.

goodguys21
goodguys21

I received letter of confirmation from last promo QI but account hasn’t shown up yet in my profile yet. It’s been a week. Anyone else in a same situation ?

Flea
Flea

Yes, ditto. Got a confirmation online at the end of the app widget, with the account number blank. Received a pro forma generic email thanking me for opening. Simultaneously successfully opened QD for $150 under the same conditions (account number was, again, blank); associated bonus has already posted. Initiated funding from same source (BoA) for both initial deposits; BoA has no sign they tried to withdraw the second (QI) deposit. I’m guessing Premium accounts go to a different department for processing/approval, and that said department might be currently overwhelmed, but this is just a guess.

mike t
mike t

yes, Sometimes it will take a week or so for it to pop up. That’s why i try to set up my DD transfer same day as account openinig. Usually initial funding, DD transfer, and bonus post all in same day. This will be MT account #6 for me so far. Have gotten 4 bonuses so far, waiting on fifth to post, should be monday.

Andrew
Andrew

What have you used for your DD transfer?

sara
sara

Which direct deposit can you send right away?

James
James

If you didn’t get the account number yet, they might mail it to you. That’s what they did for my QI acc.

You can also just enroll and make a new log in for that account to get your deposits set up. It’ll still pop up in your main account after a while

Moose Cow
Moose Cow

How can you enroll online before getting your account number?

GINA
GINA

I applied with QI last Friday, 3-31. Just received today a letter asking to fax a utility bill and my social security card. I already have 2 accounts open from March that I opened and received bonuses for.

Frito Pendejo
Frito Pendejo

I’ve seen some oddness with MT signing up, but it always works out. Sometimes it takes a couple days for them to appear.

At this point I feel like we should just try the other 20 letters…

Yati
Yati

hahahaha, yeah. QA, QB, QC, QD,…

Lela
Lela

My happiest laugh of the day! Thanks!

BTW, are folks using the address of friends in approved states (I have a dear friend in NY), or actually getting approved with addys in every state?

Also, are different e-mails, phone #s, and addresses needed for each new account? I do have many, but if this is unnecessary than I’ll avoid the record keeping.

I don’t have any accounts with them yet.

Dave
Dave

I have 5 accounts with them and have registered with same info each time. Haven’t ran into a problem yet. I live in a targeted state though.

Patti
Patti

Amen Frito!!

Gadget
Gadget

Just for S&G’s, I decide to Google each letter up to QR.

I am excluding current “Best Bank Account Bonuses” Doc codes: (QC, QD, QI, QH)

Found:
QE – $150 – ended 4/3/15
QF – $200 – ended 9/23/16
QG – $200 – ended 9/23/16
QJ – $200 – ended 9/12/15
QK – $200 – ended 3/25/17
QL – $200 – still valid, ends 5/24/17, per doc article edit
QM – $150 – ended 2/28/17
QO – $250 – ended 3/31/17 (Premium)

I AM NOT saying anyone should try them or that it’s worth the risk, and not sure it would be believable if someone said they work. Some I only found in comments sections, and not in Internet articles. (Even if someone said the codes work, it would remind me of the guy on reddit churning that said he got every MLB baseball team BOA CC – LOL)

lingua
lingua

Thanks Gadget! I think you read my mind in starting to thing about the “expired” codes. Perhaps worth a try.

Robert
Robert

Any luck?

Gadget
Gadget

Update:
QE has been resurrected, and already has a DoC article.

Which one will be next? I am betting on QF & QJ.

Found:
QA – $200 – ended 11/23/16

Elver Galarga
Elver Galarga

Do we need to send in the signature card? Any issues if we dont?

Steve
Steve

Not sure about M&T, but other banks usually threaten to close the account if they don’t receive it.

MoreSun
MoreSun

$0.49 for peace of mind that I won’t get flagged by the bank unnecessarily so I do it.

Ken
Ken

Agent told me accounts opened online do not require the signature card.

Pete
Pete

Citizen only for online?

MonetaryDragon
MonetaryDragon

My Green Card-holding wife applied online and was denied after we used her Green Card MSC-number instead of the A-number for her “Green Card Number” during the application. We went in branch with a $150 bonus offer and she had no issue opening the account (and getting the bonus). The banker who opened the account for us used her A-number. We are about to go overseas, but in a couple weeks we will try opening the $200 QI account using her A-number.

So far, all I can say is for Green Card holders to use their Alien number instead of their USCS processing number for “Green Card Number”.

JJ
JJ

PSA –

Using the A-number on online app does not work
Clicking “US Citizen” and using a permanent resident SSN on online app does not work

Seem the only way for green card holders to open is in branch

Marco
Marco

Which banks let you make recurring transfers?

V
V

Don’t all banks let you scheduled recurring transfers? I use Wells Fargo and it has recurring transfers.

DrRyan_L
DrRyan_L

Can you PC to a different account type after receiving bonus without penalty?

EO
EO

Yes. Just send a secure message. Have done this multiple times without hassle

Pablo
Pablo

I guess once bonus posts, you can downgrade the account without worrying about the bonus being clawed back, correct?

Thanks!

Pablo
Pablo

Oops, silly me.. Just read the comment posted right above answers my questions. You can disregard my question. Thanks!

NBG
NBG

Signed up for this. What’s different this time is the online enrollment was giving error. So when i login to my other account login, the new account shows up there. So i guess they fixed the issue of having multiple logins.

Audrey
Audrey

Does having a mortgage with them qualify for “fee-free”? I see “loan” but am not familiar with these requirements.

Andrew S
Andrew S

Must be hitting an anti fraud flag.

Hit last two promos for everyone in the family (4 people). This promo, only one account insta-opened, other three went to processing.

Mark
Mark

Does anyone know why I keep receiving the following message:

“Thank you for applying for an M&T Bank account. Due to the information you provided, we are unable to process your application through the online channel. For assistance, please contact us at 1-800-724-3222 or visit one of our local branches.”

I called and they said I needed to go to a branch with my promo flyer in order to open the account. I’ve never had an account before with M&T bank. I am tempted to go to the branch but since I don’t have a flyer, I don’t know if it will work.

GINA
GINA

If you received this before you got to the security validation section then try an incognito window? Don’t change the current default location.

Patti
Patti

What is an incognito window?

Gina
Gina

It’s like private browsing where it doesn’t save any cookies, history or the like on your computer.

Dan
Dan

Can I sign up for this promo and the last one at the same time? I haven’t signed up for any because AZ wasn’t on the list but I see it’s on the list now.

Andrew S
Andrew S

Should be fine. I did the last two at the same time.

Jags4186
Jags4186

Wife’s application went through. Mine gave me the

“Thank you for applying for an M&T Bank account. We are in the process of verifying the information you
have provided.”

response. Will wait it out. Maybe I got a little greedy this will be both of ours 5th open M&T accounts.

Andrew S
Andrew S

Give it a week. You’ll get a letter with the account numbers.

Kevin Le
Kevin Le

what counts as DD with this or does it have to be a legit DD deposit from work?

Lela
Lela

Click on DoCs link near the top “Direct deposit required: Yes, $100”. The “Yes, $100” is linked to a page where they keep data points on which ACH and other transfers have worked to count as the direct deposit. This site and this community are freakin brilliant and gorgeous! We should have a family gathering each year or something, these people are so good!

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