Direct deposit: $500 in qualifying direct deposits
Deposit window: 90 days
Enter promo code TU when you apply
Eligibility
Availability: 10 states: NY, NJ, PA, CT, MD, DE, VA, WV, DC, VT
No stated lifetime limit
ChexSystems sensitivity: Unknown
Fees
No early-closure rule listed
Payout & closure
Bonus posts: ~90 days
Valid through August 31, 2026
Bank bonuses are taxable interest — expect a 1099-INT. See our bank bonus tax guide.
What Counts as Direct Deposit
251 reports across 1 source. Last report Jul 10, 2026. Doctor of Credit comments 251.
Employer payroll is always the safest method. "Maybe" means some people report it working and it is not guaranteed. Open a row to see the individual reports.
YESEmployer payroll or government benefit deposit23 reports · 18 worked · 5 failed · last report Mar 20, 2025The only near-universal trigger — real payroll or SSA/pension/tax-refund, PPD-coded. 18 member reports of it working, 5 of it failing, last confirmed Mar 2025.
YESAlliant Credit Union ACH push19 reports · 17 worked · 2 failed · last report May 30, 2025How it posts: "ALLIANT CU XFER"General note: Strong at PNC/US Bank; fails at Chase. 17 member reports of it working, 2 of it failing, last confirmed May 2025. Members report it posting as "ALLIANT CU XFER".
YESCash App ACH push15 reports · 12 worked · 3 failed · last report Jul 6, 2026General note: P2P at most; works at Capital One. 12 member reports of it working, 3 of it failing, last confirmed Jul 2026. Members report it posting as "CASH BONUS". 5W/0F, lastW 2026-07-11.
YESSoFi ACH push13 reports · 13 worked · last report Mar 12, 2025Good as a sender, but STRICT as a receiver in 2026. 13 member reports of it working, none of it failing, last confirmed Mar 2025.
YESPenFed ACH push5 reports · 5 worked · last report Sep 16, 2024General note: Low outbound limits; works at Chase & BofA. 5 member reports of it working, none of it failing, last confirmed Sep 2024.
MAYBECharles Schwab ACH push51 reports · 37 worked · 14 failed · last report Jun 5, 2026General note: Historically strong; deteriorating at Chase/Huntington in early 2026. 37 member reports of it working, 14 of it failing, last confirmed Jun 2026. Members report it posting as "SCHWAB BROKERAGE MONEYLINK".
MAYBEFidelity Cash Management ACH push42 reports · 31 worked · 11 failed · last report Jul 9, 2026How it posts: "ALLIANT CU XFER"General note: The #1 workaround pusher; codes payroll-like at most banks. 31 member reports of it working, 11 of it failing, last confirmed Jul 2026. Members report it posting as "ALLIANT CU XFER".
MAYBECapital One 360 ACH push32 reports · 25 worked · 7 failed · last report May 24, 2026General note: Good; fails at Chase. 25 member reports of it working, 7 of it failing, last confirmed Jun 2025.
MAYBEChase (personal) ACH push26 reports · 9 worked · 17 failed · last report May 29, 2026Personal-checking ACH pushes only. 9 member reports of it working, 17 of it failing, last confirmed Jan 2025. 0W/1F fresh (lastF 2026-07-10) + KB post-crackdown fail list.
MAYBEAlly ACH push15 reports · 10 worked · 5 failed · last report Sep 12, 2024General note: Good but softening; fails at Chase. 10 member reports of it working, 5 of it failing, last confirmed Feb 2024.
MAYBERobinhood ACH push8 reports · 6 worked · 2 failed · last report Dec 23, 2025General note: Mixed/declining; works at Citi & Capital One. 6 member reports of it working, 2 of it failing, last confirmed Nov 2025.
Open an eligible personal M&T checking account (EZChoice Checking, MyChoice Plus Checking, MyChoice Plus Checking with Interest, or MyChoice Premium Checking) using promo code TU, then receive qualifying direct deposits totaling at least $500 within 90 days of opening. Qualifying direct deposits are recurring... Source
The reports come from Doctor of Credit comment threads, public Reddit posts, and members who told us what happened to their own deposit. Each one is dated where the person gave a date. Read how we check offers.
Reports are attached to the offer, never to your name. Members can log one from their account instead.
Source: our guide to what counts as direct deposit, verified per-bank against official terms and community data points (originally compiled with help from Doctor of Credit). Data points change, so always verify with the bank.
Overview
M&T Bank's $400 checking offer is no longer available. This page preserves the final tracked requirements, source, and offer history so you can compare it with currently active bonuses.
Pros
+$400 cash bonus
+No documented hard credit pull
+90-day qualification window
Cons
-Geographic restrictions apply
Notes
Enter promo code TU during application. Receive $500+ in direct deposits within 90 days. Allow approximately 90 days for the bonus to post after qualification.
How This Compares to Other Bonuses
M&T Bank's $400 offer is closest in headline value to PNC Bank's $400 checking bonus. Compare the direct-deposit requirement, geographic eligibility, fees, approval sensitivity, and payout timing, not only the advertised amount.
Frequently Asked Questions
What is the current M&T Bank checking bonus?
The final offer we tracked paid $400; it is now marked expired.
Does the M&T Bank bonus require direct deposit?
Yes. The catalog currently records $500 in qualifying direct deposits within 90 days. Confirm the bank's exact definition before applying.
When should the M&T Bank bonus post?
The tracked estimate is about 90 days after you satisfy the requirements.
Full Requirements
Open an eligible personal M&T checking account (EZChoice Checking, MyChoice Plus Checking, MyChoice Plus Checking with Interest, or MyChoice Premium Checking) using promo code TU, then receive qualifying direct deposits totaling at least $500 within 90 days of opening. Qualifying direct deposits are recurring electronic deposits of payroll, pension or Social Security, so person to person payments and bank transfers do not count. MyWay Banking is not eligible for a cash bonus. Apply online.
Fees
Not stated.
ChexSystems & Credit Pull
Chex SensitivityUnknown
Hard PullNo
ChexSystems / credit-pull policy not officially stated.
Eligibility
Availability10 states: NY, NJ, PA, CT, MD, DE, VA, WV, DC, VT
Lifetime LimitNo
M&T's consumer footprint covers NY, NJ, PA, CT, MD, DE, VA, WV, DC, MA, ME, NH and VT. The cash bonus is ZIP targeted, so enter your home ZIP code on the offer page to see the amount available where you live. The promo code must be entered at account opening or the bonus is forfeited, and the account has to be open by August 31, 2026 and still open when the credit is issued. The bonus is credited within 90 days of the account receiving the qualifying direct deposits. One bonus per customer, only the primary signer qualifies, and you are not eligible if you received a cash bonus on a personal M&T checking account in the last 12 months. An earlier version of the same $400 offer, promo code TG, is still open to accounts opened by July 31, 2026.
Sources (3)
We last checked this against the bank's page on July 27, 2026.
Fat Stacks Academy may earn a commission when you open an account through links on this page, at no additional cost to you. Commissions do not influence our reviews — we verify offer terms directly with each bank before publishing and do not accept paid placement in our rankings. Bonus offers, requirements, and fees are determined by each financial institution and may change at any time. Always verify the current terms directly with the bank before applying. This content is for informational purposes only and does not constitute financial advice.