Wow. This is cool.
Usually banks charge you to use their services, but M&T Bank has a new promotion where they will pay you $150 to open and use a checking account.
Here’s how it works:
1. First, use this promotion link to open an account online.
2. You just need to simply make one qualifying direct deposit in the amount of at least $100 within 90 days of account opening to qualify for the bonus.
Qualifying direct deposits include, but are not limited to, electronic deposits such as payroll or Social Security and do not include electronic money transfers or credits such as account-to-account transfers or those made through internet payment services.
The bonus will be credited to you account within 90 days of direct deposit activation as long as the account is in good standing.
3. M&T has a local footprint in these areas:
State of Delaware
Washington DC (Hagerstown MD)
Wilkes Barre-Scranton PA
New York NY
3. The offer expires on September 30, 2015.
Good luck Penny Hoarders!
Affiliate disclosure: Just to be up front with you, this is a paid endorsement by M&T.