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LGould
LGould (@guest_526846)
November 29, 2017 16:12

dp
M&T Bank
11/20/17 opened account with $25 code QD
11/27/17 payment from “bill.com” for $480 counted as direct deposit.$150 bonus posted same day. This was the first account I have opened with M&T and I am in the targeted area.

Marco
Marco (@guest_525233)
November 27, 2017 15:23

I’ve opened quite a few checking accounts with M&T Bank over the past year or so. I’ve been closing them one at a time at a pretty slow pace, and I was finally down to my last one. As usual, I sent a message last week to close it. I got an e-mail today that my online banking account has been closed. I tried to log in, but it says my account has a hold. Has anybody else experienced something similar? Should I contact the bank? I had $0 in my last checking account, and I assume it’s closed now. I could call just to make sure.

NBG
NBG (@guest_525237)
November 27, 2017 15:30

If it is your last account under that login, then it may be the case of just closing the login as well since no accounts associated with the your SSN. Best to call. I am also down to last one- still 2 months left to close.

Patti
Patti (@guest_492913)
October 12, 2017 14:11

Marco,
Also slightly unrelated, Santander push was not “real” enough to trigger the bonus for Citizens Bank. It’s good but not perfect. 🙂

MarcoPolo
MarcoPolo (@guest_492983)
October 12, 2017 17:13

@Patti
Agree, it depends on the level of data sent with the ACH push.
I read somewhere that Business checking accounts offer “Direct Pay” which works as DD.
Wells Fargo only need $500 in account to be fee free.

Patti
Patti (@guest_492684)
October 12, 2017 07:50

MarcoPolo,
I get what you’re saying about Santander. My little local bank works that way too as bill pay. I can enter a company or individual to send money to and there’s no need to link, prove ownership, etc because money is only travelling one way. I can’t pull funds back.

I got QJ bonus also by this method. I didn’t try for QK because it seemed like a trap. Everyone who attempted it had their account frozen and closed. (I don’t want to burn my bridges or have negative chex reports.)

M&T is cracking down in so many ways that it’s too soon to say for sure that Chase does’t work. There are too many variables to narrow it down to just that. Time will tell if his work dd triggers.

Seb
Seb (@guest_492489)
October 11, 2017 23:00

@SamSimon I am in IL and I opened using QK. I ended up redirecting a portion of my paycheck to this.
@MarcoPolo thanks but I closed my Santander account a while back.

SamSimon
SamSimon (@guest_492496)
October 11, 2017 23:12

people are so funny, mate why you didn’t state these critical info before. But you confidently stated that Chase no longer works….. QK and QJ are targeted bonuses, only 10% of people will get it who leave near specific targeted branches based on their zip codes. Also you are not in eligible state. So now I’m 99% sure that Chase. You real payroll will not help in this case…

Seb
Seb (@guest_492503)
October 11, 2017 23:23

Well that sucks then. If chase no longer works for a promo code it probably won’t work for other promo codes as well. It showed up as JPMORGAN CHASE AUTH DEBIT in my account.
I’ll let my real DD go through for now and come back with an update on that.

SamSimon
SamSimon (@guest_492780)
October 12, 2017 10:48

You didn’t get it. I will have real data by next week regarding Chase. There are hard coded bonuses, and light coded bonuses, M&T might change it, but it used to be these way, for QK and QJ if person was targeted he/she used any “eligible” ACH and it worked. But if person not targeted – even real pay roll will not help! They might enforce it to QD and QC which were “National wide” and everyone got the bonus with simple ACH.

SamSimon
SamSimon (@guest_493841)
October 14, 2017 11:32

Ok, For the first M&T account (with QC code) ever opened at local branch with printed coupon for one person, Chase ACH cleared and no bonus:
1. Maybe M&T now enforced 30-90 days waiting time before crediting the bonus
2. Maybe they want you to call them, so they manually enforce the bonus and check if it’s real direct deposit…
3. Maybe the bonuses now are no longer active for some specific areas. Let’s say, For targeted areas Chase ACH will still work, but for other areas it will not, because bonus not attached to the account.
The person will try other different ACHs banks, and later Real Payroll.

Seb
Seb (@guest_488560)
October 5, 2017 20:17

ACH from Chase does not anymore:

My research shows an online transfer of $110.00 received on your account on October 2, 2017 from JP Morgan Chase.

Please be advised that online banking transfers in between financial institutions will not qualify for the cash bonus. Direct deposits for example, include deposits from your employer, social security, pension, annuities and etc.

MarcoPolo
MarcoPolo (@guest_491640)
October 10, 2017 21:58

@Seb
Santander Bank works (if you have an account with them)

Patti
Patti (@guest_491644)
October 10, 2017 22:07

Marco Polo,
In the past pretty much ANY transfer worked to trigger the bonus. Who knows what works these days? Have you had a successful bonus by transferring from Santander in the past few weeks?

Seems they have really cracked down. I suppose the only good thing is that one can keep trying and trying. If one method doesn’t trigger it, you’ll know in a couple days and can keep trying long before it’s too late.

Patti
Patti (@guest_491649)
October 10, 2017 22:13

I don’t mean to sound snarky. It’s just that all of the old rules for M&T are gone. Anyone trying for an M&T bonus is sailing in uncharted waters these days.

MarcoPolo
MarcoPolo (@guest_492450)
October 11, 2017 21:59

@Patti
I know that because I have monthly payments set up (to avoid monthly maintenance fee) from Santander Bank and they still posts as payment and not transfer as compared to other banks e.g. Ally which posts as transfers.
Also bonus posted successfully on my last opened account using QJ in late August using Santander to pay $100.

MarcoPolo
MarcoPolo (@guest_492459)
October 11, 2017 22:05

I believe at Santander Bank the “payment” works differently than other bank’s ACH since you can pay anyone through Santander Bank while you cannot transfer to anyone other than yourself to/from other banks.
In fact this is the only bank I am aware of which does not require verification and I think that’s because it is not an ACH but a payment.
It will be interesting to see how “Zello” will work out form triggering Bank bonuses since it is also a “Payment” .

SamSimon
SamSimon (@guest_492440)
October 11, 2017 21:40

Seb, what state are you in, do you have m&t close to you, what code did you use? Chase worked for many people, it might be it doesn’t work any longer! I doubt it! My friend will opened her first M&T few weeks ago, I will have real data soon if Chase no longer works…

NBG
NBG (@guest_488169)
October 5, 2017 14:22

DP: So far i closed 4 accounts – 1/day so far via SM. Like others said just made sure there are 6 statements so far. Most of them closed the say day as SM. For 1, i had to send a reminder SM.
For another, i send another SM via a secondary login.

4 more to go. 🙁

Patti
Patti (@guest_484484)
September 29, 2017 07:43

I have successfully closed our 2 oldest accounts by SM. Before submitting each request I did check to make sure that 6 statements posted to each of those accounts. No questions asked or harassment.
I’m down to 6 accounts for each of us to babysit.

Ralphy Boy
Ralphy Boy (@guest_484944)
September 30, 2017 13:41

If I may ask, how long between closing your two oldest accounts did you wait? Were these both your accounts you’re referring to?

I’m ready to close two accounts that are a week apart and was wondering if I should wait more than a week to close the second one.

Any thoughts?

Patti
Patti (@guest_484969)
September 30, 2017 17:15

Ralphy, I didn’t wait very long. Maybe 2 business days after the first one. No reason why you can’t spread them out further if you prefer.
I’m just so relieved that it didn’t get nasty after the first request to close down.

Ralphy Boy
Ralphy Boy (@guest_484973)
September 30, 2017 17:51

Thanks for the info, sounds pretty painless…

Patti
Patti (@guest_485008)
September 30, 2017 20:49

Also, to fully answer your question, I closed 2 accounts for myself, 2 for hubby, and 2 for our son.
Each request though was only for 1 account at a time. Once closed, waited a day or 2 then SM’d 3 requests for each of our 2nd accounts.

For some reason, the rep who answered for me and my son replied back to ask us to print our statements, and recent transactions as we would no longer have access to all of this online once the account is closed. I then had to reply for both of us to go ahead and close it.
For hubby, his rep just closed it and replied back to simply say, as per your request, account ending in xxxx is now closed.

Having to reply twice made it take a little longer but not a big deal; she was just being considerate I think.
Around mid Oct we can aim for the next one.

Another poster mentioned that they had to have 6 statements post to their account before the could close it without paying a fee. That’s a good tip to follow. 🙂

MarcoPolo
MarcoPolo (@guest_484962)
September 30, 2017 16:25

@Patti
I am assuming you transfer the balance to your other M&T account before requesting closure?

Patti
Patti (@guest_484968)
September 30, 2017 17:12

MarcoPolo,
I do transfer everything first so that it’s a $0 balance when I send the SM.
There were 2 that were ripe. Waiting on the other 6. They only have a combined total of about $2.00. I was keeping a few hundred in there for several months but it was part of my vacation fund and I needed it for our summer vacation.

MarcoPolo
MarcoPolo (@guest_490679)
October 9, 2017 15:31

@Patti
Which option do you select from the drop down menu while sending the SM to close the account ?
There isn’t any option for account closure or account related inquiries.
Thanks.

Patti
Patti (@guest_490690)
October 9, 2017 16:07

Marco Polo,
I think I clicked on General Comments. I’m at work right now but I’ll double check it when I get home.
🙂

Flea
Flea (@guest_491285)
October 10, 2017 10:27

I agree “general” is the category to choose. FWIW, I’ve gotten the same person responding to my closing PM both times (waited a week between closings), and currently taking a break before closing the third, as I’ve got a distinctive name I thought same bank employee might remember.

Mikey
Mikey (@guest_491501)
October 10, 2017 17:59

I chose the general account questions to request closure of my first account after I transferred all of the funds out and waited until I received my 6th statement (and was at 190 days since opening).

The agent that messaged back said that I needed to go to a branch or mail in the request to close the account.

Messaged again this time choosing change account type (from open to close was my reasoning) and they closed it right away so guess YMMV depending on the agent who receives the request.

MarcoPolo
MarcoPolo (@guest_491641)
October 10, 2017 22:00

Thanks @Patti
It worked for me 🙂

Freddy
Freddy (@guest_492943)
October 12, 2017 15:30

Tried closing one of my accounts using SM choosing General Account Questions and was told I’d have to go to a branch or mail in the request. Sent another SM two days later choosing Change Account Type and got the same person giving me the same message to go to a branch or mail it this time saying there would be a $4 fee for doing so by mail.

Guess I’m stuck either keeping the account open and try again after a while or eat the $4. Have three other accounts I was going to be closing in the next two months so hopefully I find an answer to this, don’t live near a branch.

STEVEN
STEVEN (@guest_482886)
September 26, 2017 00:52

There’s a lot of comments here, can someone tell me whats currently the best way to open more accounts?

SamSimon
SamSimon (@guest_483759)
September 27, 2017 19:56

I don’t think you will be able to open another accounts.They now enforced pretty much auto check for new accounts. And reject 95% of the people for more than one account. QC was the best, then QD, QK seems to be targeted – based on your zip code – if you near their branch!
Please try and keep us posted. thanks

JASON
JASON (@guest_482670)
September 25, 2017 17:04

QC as well