How to Get $150 By Opening a New Bank Account at M&T

Wow. This is cool.

Usually banks charge you to use their services, but M&T Bank has a new promotion where they will pay you $150 to open and use a checking account.

Here’s how it works:

1. First, use this promotion link to open an account online.

2. You just need to simply make one qualifying direct deposit in the amount of at least $100 within 90 days of account opening to qualify for the bonus.

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.

The bonus will be credited to you account within 90 days of direct deposit activation as long as the account is in good standing.

3. M&T has a local footprint in these areas:

Albany-Schenectady-Troy NY
Buffalo NY
State of Delaware
Binghamton NY
Washington DC (Hagerstown MD)
Elmira NY
Baltimore MD
Johnstown-Altoona PA
Wilkes Barre-Scranton PA
Philadelphia PA
Rochester NY
New York NY
Syracuse NY
Utica NY
Richmond-Petersburg VA
Watertown NY
Salisbury MD

3. The offer expires on September 30, 2015.

Good luck Penny Hoarders!

Affiliate disclosure: Just to be up front with you, this is a paid endorsement by M&T.