Offer Details
Written by: RJ
Requirements
- Open a new business checking account
- Have an average ledger balance of the below for the third full calendar month from opening
- $5k = $300
- $15k = $500
- $30k = $750
- $100k = $1,500
- Bonus posts by the end of the fourth month
Eligibility
- CT, DC, DE, MD, NJ, NY, PA, VA, WV
- Checking Bonus is not available to employees of M&T Bank or any of its affiliates or to clients who have had a non-personal M&T checking account within the previous 90 days of opening the M&T Tailored Business Checking account.
Fees
- Business Essential checking – $5 monthly fee is avoidable with $1k balance
Account Closure
- Keep account open 180 days
Chex
- Yes
Valid through: 3/31/26
First reported by DoC
Thoughts
This is somewhat improved as the account is easier to keep fee free.
Advertiser Disclosure: Some of the card links and products that appear on this website are from companies which RJ Financial/Profitable Content may receive compensation when you click on links to those products.Terms apply to the offers listed on this page. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. See our Advertising Policy here.
Editorial Note:
Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
Could someone break down the verbiage they use “… if the Average Ledger Balance in the account is at least $5,000 in the third full calendar month after the account was opened.”? Does this imply that only in 3rd month from the account opening we should have the required amount? (seems too easy)
Also what would be Ledger Balance?
Anyone?