# M&T Bank Checking: $50 bonus

Canonical: https://dealaka.com/offers/m-and-t-bank-checking-referral-bonus

- Status: Limited reports
- Bonus: $50
- Requirement: $500 in direct deposits within 90 days of opening
- Expires: no published end date
- Availability: Nationwide
- Institution: M&T Bank
- Verified: Jul 21, 2026 against mtb.com
- Field reports: 0
- Note: elevated bonus requires a member referral link; Dealaka links only the official program page.

## Summary
M&T Bank's refer-a-friend program pays the new customer a $50 Visa reward card for opening a personal checking account and making at least $500 in qualifying direct deposits within 90 days. The referring existing customer also earns $50 per successful referral, up to $500 a year.

## Requirements
1. Register for the referral offer using the referrer's shared link.
2. Open a new eligible M&T personal checking account.
3. Complete qualifying direct deposits totaling at least $500 within 90 days of account opening.
4. Receive a $50 Visa reward card 4-6 weeks after meeting requirements.

## Fine print that matters
- Person-to-person, bank transfers, or other electronic money transfers do not count as qualifying direct deposits.
- Referred person must not have been a primary owner of an M&T personal or business checking account in the previous six months.
- Reward cards are mailed 4-6 weeks after all requirements are met.
- Offer not available to M&T employees or California residents.
- Visa reward cards expire three months after issuance and are issued by MetaBank.
- A maximum of one reward card is given to the referred person regardless of number of accounts opened.
- Referrer can earn up to $500 total per calendar year, non-rollover.

## Sources
- mtb.com offer page <https://www.mtb.com/referfriends> (checked Jul 21, 2026)

_This entry is reference information, not financial advice. Confirm current terms on the institution's site before you apply._