Explore M&T Bank’s suite of bank accounts

A broad selection of personal and business banking options — but watch out for monthly fees.

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M&T Bank

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M&T Bank offers a wide range of checking, savings and CD account options for individuals and businesses alike. But watch out for low interest rates, limited branch locations and monthly fees.

What banking products does M&T Bank offer?

Name Product APY ATMs Fee
M&T Bank MyChoice Plus Checking
0.01% on balances of $1+
Over 1,500 free M&T Bank ATMs and up to $2 rebates when using all other ATMs
$14.95/month
(can be waived)
Get up to $250 if you open a MyChoice Plus M&T checking account by March 2, 2020, and make qualifying direct deposits totaling at least $500 within 90 days of account opening.
M&T Bank EZChoice Checking
Over 1,500 M&T Bank ATMs
$0
Get $150 if you open an EZChoice M&T checking account by March 2, 2020, and make qualifying direct deposits totaling at least $500 within 90 days of account opening.
M&T Bank MyChoice Premium Checking
M&T Bank MyChoice Premium Checking
0.05% on balances of $100,000+
0.03% on balances of $50,000 to $99,999.99
0.01% on balances of $1 to $49,999.99
Over 1,500 free M&T Bank ATMs and up to $2 rebates when using all other ATMs
$24.95/month
(can be waived)
Get up to $250 if you open a MyChoice Premium M&T checking account by March 2, 2020, and make qualifying direct deposits totaling at least $500 within 90 days of account opening.

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M&T Bank M&T Bank

Get $150 if you open an EZChoice M&T checking account

Get $150 if you open an EZChoice M&T checking account by March 2, 2020, and make qualifying direct deposits totaling at least $500 within 90 days of account opening.

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M&T Bank M&T Bank

Get up to $250 when you open a MyChoice Plus Checking account

Get up to $250 if you open a MyChoice Plus M&T checking account by March 2, 2020, and make qualifying direct deposits totaling at least $500 within 90 days of account opening.

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Why should I open an account at M&T Bank?

In addition to standard banking features like FDIC insurance and mobile banking, M&T Bank has:

  • Variety. M&T Bank has nearly 20 different banking options you can manage all in one place for personal, business and commercial use.
  • Business and commercial options. M&T Bank offers a wide range of checking, savings and money market options for business and commercial use.
  • Resources. M&T Bank has a well-rounded resource center for individuals and businesses.

What should I look out for?

Potential drawbacks of M&T Bank include:

  • Monthly maintenance fees. Monthly maintenance fees range from $0 to $50 depending on the account type — and some are not waivable.
  • Low rates. M&T Bank’s interest rates are much lower than other banks.
  • ATM fees. Unless you have easy access to one of M&T Bank’s 1,500 ATMs, you’ll pay for non-network ATM fees.
  • In-person banking. You’ll have to visit an M&T branch location to open a CD or an M&T Starter Savings account, or change your name and address with a debit card order.
  • Limited branch locations & ATMs. M&T Bank has 1,600 ATMs and over 690 locations in the following states:
      • Florida
      • Maryland
      • New Jersey
      • New York
      • Pennsylvania
      • Virginia
      • Washington, D.C.
      • West Virginia

M&T Bank customer service

There are three ways to get in touch with M&T Bank:

  • Call 800-790-9130 weekdays from 8 a.m. to 9 p.m. ET and weekends from 9 a.m. to 5 p.m. ET.
  • Email custserv@mtb.com.
  • Visit a branch location near you.

Bottom line

If you’re an individual or business looking for a wide range of banking products, M&T Bank may fit your needs. But if a high-yield, fee-free account is what you’re after, shop around for other options.

Frequently asked questions

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