M&T Bank checking $1,500 Bonus

Requirements

• Maintain Average Ledger Balance in the 3rd full calendar month after account opening: $5k=$300, $15k=$500, $30k=$750, $100k=$1,500
• Keep account open at least 180 days (6 months) -- $50 closure fee AND bonus clawback if closed within 180 days of opening
• Business entity required; not eligible if you've had a non-personal M&T checking account in the last 90 days; one bonus per TIN ever; not available to M&T employees

Cash you need to float: $5,000

Timeline

1. Keep the account open 180 days to avoid clawback or early-close fees.

Bonus tiers

• $300 — $5,000-$14,999.99 avg ledger balance, 3rd full month: park $5,000, hold 90 days
• $500 — $15,000-$29,999.99 avg ledger balance, 3rd full month: park $15,000, hold 90 days
• $750 — $30,000-$99,999.99 avg ledger balance, 3rd full month: park $30,000, hold 90 days
• $1,500 — $100,000+ avg ledger balance, 3rd full month: park $100,000, hold 90 days

Closing the account (what we verified)

• Early-close fee: $50 if closed within 180 days of opening.
• Bonus clawback risk if closed within 180 days of opening.
• Bonus typically posts within 120 days of completing requirements.
• Monthly fee: $5 (waived: Carry a $1,000 average ledger balance per month OR debit card purchases totaling $300+/month (Business Essential tier shown; Plus $15/mo and Premium $25/mo tiers have their own higher waivers)).

Availability

Available in: MA, CT, DE, DC, MD, NJ, NY, PA, VA, WV

Other current bonuses

• HSBC checking $5,000 bonus
• E*TRADE IRA $5,000 bonus
• TradeStation brokerage $3,500 bonus