checking
M&T Bank Up to $1,500
Business Checking
M&T pays up to $1,500 on a new business checking account based on the average balance in month three. No direct deposit. Personal accounts are a different product.
Effective value after fees
$1,500
This is the $100,000-balance tier. Lower balances pay $300, $500, or $750. The monthly fee is not stated, so it is not subtracted. This is a business account, not a personal checking account.
Exact requirements
- Open a new Business Essential, Business Plus, or Business Premium Checking account between October 1, 2026 and November 30, 2026 with promo code BW.
- The average ledger balance in the third full calendar month sets the bonus.
- Not available to M&T employees or to a client who had a non-personal M&T checking account within the previous 90 days.
- One bonus per taxpayer ID. If you close within six months, M&T deducts the bonus.
- M&T says offers may vary by product and region.
- Bonus
- Up to $1,500
- Direct deposit
- Direct deposit is not required. The bonus follows the average ledger balance.
- Deposit
- Average ledger balance in the third full calendar month: $5,000 to $14,999.99 pays $300, $15,000 to $29,999.99 pays $500, $30,000 to $99,999.99 pays $750, and $100,000 or more pays $1,500.
- Keep the account open
- Six months. Closing sooner causes the bonus to be deducted, and a closure fee also applies within 180 days.
- When the bonus posts
- By the end of the fourth month after opening. An October 2026 opening is measured on the January 2027 balance and paid by the end of February 2027.
- Expiration
- Open by November 30, 2026.
- Monthly fee
- Not stated on the offer page.
- How to waive it
- Not stated on the offer page.
- Early closure
- A $50 account closure fee applies if you close within the period in M&T's Commercial Deposit Account Fee Schedule. Closing within six months also forfeits the bonus. Another closure fee applies within 180 days; its dollar amount is not stated on the offer page beyond that $50 reference.
- Credit pull or ChexSystems
- not stated
- Where it is offered
- Availability not stated. M&T says bonus offers may vary by product and region and that accounts opened outside eligible regions may not qualify. States are not listed.
- Last verified
- November 15, 2026
Fine print
Promo code BW. The bonus is taxable. Verified November 15, 2026 from M&T's business checking pages, including the commercial disclosure printed with the offer.
Source checked November 15, 2026: https://www.mtb.com/business/business-checking-account-options