M&T Bank is offering a coupon promo code for the $150 cash bonus when you add a qualifying direct deposit of at least $100 to your new MyChoice Checking account. To qualify for the bonus you must open a new MyChoice Checking account before March 31, 2015. They also state that you receive a minimum of one direct deposit in the amount of at least $100 within 90 days.
Visit bank.mtb.com/digitalcoupon and look up your ZIP code to see if it’s available in your area then enter your email address to request a coupon which comes with the bonus information. Once you receive your coupon you can redeem at your local M&T Bank or online.
Manufacturers and Traders Bank based out of New York is one of the top 20 banks in the nation. They also have branches in Arizona, Colorado, Delaware, Washington D.C., Florida, Maryland, New Jersey, New York, Oregon, Pennsylvania, Utah, Virginia, Washington, and West Virginia. If you’re a US Citizen you can open up an account online but to get the bonus you must be near a branch that qualifies.
To avoid the $6.95 monthly service charge you need to do one of the following:
1. Direct deposits of $200 or more per month.
2. Make 10 or more debit card purchases or payments per month.
3. Keep an average balance of $500 or more throughout the month.
This bank seems to have a highly conservative definition of a direct deposits as electronic deposits such as payroll or Social Security and do not include electronic money transfers or credits such as bank account or Paypal transfers.