M&T Bank
Business checkingVerified Oct 9, 2026
M&T Business Essential Checking: up to $1,500 bonus
Maintain an average ledger balance of at least $30,000 during the third full calendar month after opening.
- Deposit
- None required
- Cash to keep
- $30,000
- Monthly fee
- $5/mo, waivable
- Apply by
- Nov 30, 2026
Selected target
$750
Up to $1,500 at higher tiers
Apply by Nov 30, 2026
View offer at M&T BankRead the bank's terms · Offer terms can change. Confirm current eligibility and terms with the bank before applying.
Your fit
Add your state, direct deposit and cash to check this offer's conditions against your situation.
- 1 thing to check: Your history with M&T Bank
This checks the published conditions only. The bank decides who is approved.
Steps to earn
Complete all 1 step for $750
Keep a balance
Maintain an average ledger balance of at least $30,000 during the third full calendar month after opening.
- $30,000
All tiers
| Bonus | Deposit to qualify | Cash to keep | Choose your target |
|---|---|---|---|
| $300 | Deposit: None required | $5,000 | |
| $500 | Deposit: None required | $15,000 | |
| $750 | Deposit: None required | $30,000 | Selected |
| $1,500 | Deposit: None required | $100,000 |
Timeline
Add a date to put the deadlines on a calendar. Only steps timed from opening get a date.
Apply by Nov 30, 2026
Open the account
Keep a balance
Maintain an average ledger balance of at least $30,000 during the third full calendar month after opening.
Bonus paid
By the end of the fourth month after opening, if the account remains open.
Money and fees
- Bonus
- $750
- Monthly fees
- $5/month unless waived
- Bonus after fees, before tax
- $745 to $750
Waived with: $1,000 average monthly ledger balance or $300 in settled linked business debit-card purchases/payments.
Up to $5 if you miss the waiver for about 1 month
Cash to keep in the account
$30,000
After the bonus
- Account type
- Business checking
- Monthly fee
- $5/mo
- How to waive it
- $1,000 average monthly ledger balance or $300 in settled linked business debit-card purchases/payments.
- APY
- Not stated in the terms we reviewed
- Early closure fee
- $50
- How to open
- Online
Eligibility
Where it's offered
The bank's terms don't list states. Check availability on the bank's site before applying.
Who can get it
New customers only. If you've had an account with M&T Bank, check the look-back period in the terms.
Use promo code BW at online opening, or bring the offer coupon to a branch. No nonpersonal M&T checking account in the 90 days before opening; employees are excluded. One bonus per tax ID, and M&T may limit owners of multiple businesses to one bonus. A $50 early closure fee may apply under the commercial fee schedule.
Terms and sources
Checked against mtb.com on Oct 9, 2026. Next check by Oct 23, 2026.
- mtb.com/business/business-checking-account-optionsCaptured Oct 9, 2026
Offer terms can change. Confirm current eligibility and terms with the bank before applying.