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M&T Bank
M&T Bank MyChoice Premium Checking $350 Bonus
M&T Bank pays you $350 when you open a MyChoice Premium Checking account and receive $1,000 or more in qualifying direct deposits within 90 days. The $24.95 monthly fee waives with a $7,500 daily balance or $25,000 across M&T accounts. Soft credit pull. Available in CT, DC, DE, MD, NJ, NY, PA, VA, and WV.
- Bonus amount
- $350
- Expires
- Jun 30, 2026
- Time to complete
- ~90 days
- Bonus deposited in
- ~90 days
- Difficulty
- Medium
Requirements
Last verified: May 5, 2026
Open MyChoice Premium Checking
Open a new M&T MyChoice Premium Checking account
Direct deposits
Receive at least $1,000 in qualifying direct deposits within 90 days of account opening.
Avoid early closure
Keep the account open for at least 180 days to avoid a $50 early closure fee.
Bonus is credited within 90 days after you receive $1,000 in qualifying direct deposits.
Tips & Gotchas
- →There’s a $24.95 monthly fee unless you keep $7,500 in the account or $25,000 across your M&T accounts. Qualifying direct deposits include payroll and government benefits.
Direct Deposit Data Points 13
Community-reported results for what triggers a qualifying direct deposit at M&T Bank.
Account Details
- Maintain a $7,500 average daily balance
- Maintain $25,000 in combined deposit or investment balances
Do not close the account within 180 days to avoid a $50 early closure fee.
Eligibility
Cannot have received an M&T checking bonus in the past 12 months.
- Must reside in an eligible state.
Can You Earn This Bonus Again?
Fine Print
Offer available to residents of CT, DC, DE, MD, NJ, NY, PA, VA and WV only. You must not have received an M&T personal checking bonus in the last 12 months.
Taxable income · Reported on 1099-INT
Related Articles
What is a direct deposit?
An electronic payment sent directly into your bank account, usually from an employer or government.
Does Zelle Count as Direct Deposit for Bank Bonuses?
No. Zelle payments don't count as direct deposit for bank bonuses. Here's why it fails and what to use instead so the bank pays you.
What is a fee waiver?
A condition you can meet to have the monthly maintenance fee on an account waived.
Also see: this month's best bank bonuses and community DD data points.
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