$100 for opening M&T Bank checking account

https://bank.mtb.com/mychoice100

A convenient checking account with flexible methods to avoid a monthly service charge

If:

How to avoid a monthly service charge:

Have at least 1 qualifying direct deposit per monthly service charge cycle5, or
Make 10 or more debit card purchases or payments per monthly service charge cycle, or
Keep an average balance of $500 or more throughout your monthly service charge cycle.

Effective 1/17/2013, your total direct deposits in a monthly service charge cycle must equal $200 or more.

The bonus differs depending on the zip code entered. I entered three and two had a $75 bonus and one had no bonus at all.

Doesn't look like there are any restrictions in terms of "accounts closed in last ... are not eligible"

debentureboy said:   Applied, got routed through review

Maybe because I have 10 new accounts in the last year? Maybe because I just moved in to an eligible state? Maybe because I just got $100 from the bank next door? I'll let you know.

DB
were you planning to do bank to bank ach direct deposits?

debentureboy said:   My employer allows up to 6 DDs. I do some accounts with real DD and some with ACH transfers between banks. I generally try ACH push first. If it works great, if not I add it to my DD list. It's all done online, so no one at corporate HQ has ever been on my case about all my DD switches. It is a large employer, so I figure I'm lost in the weeds as far as they go.

lol did they have that rule before you came along, or did you cause them to enact a 6 dd limit

AugustFour said:   What about Direct Deposit qualification? Must be only payroll, pension, etc., or bank to bank ACH is OK?
ive done a $10 ach from alliant and it works

What about using Square to qualify for direct deposit? Anybody tried that?

misterspaghetti said:   Doesn't look like there are any restrictions in terms of "accounts closed in last ... are not eligible"

that's great because I closed my account with them like 2 months ago.

nwill002 said:   on a side note did anyone get a 1099 for last year's bonus?
Yup, got a 1099-INT in the mail for last year's M&T account opening bonus.

Here's a link to last year's thread:
http://www.fatwallet.com/forums/finance/1165401/

Previous experience indicates that they only do a soft pull, but of course there's a small chance they may have changed their process this year.

Alliant ACH push doesn't seem to be triggering the bonus as it has in the past. Has anyone gotten the bonus with ACH push yet? And if so, which bank did you push from?

Is there a promo code for this? They ask for one in the application process.

I emailed M&T from the secured message center (I have 1 credit card with them). They told me that I am not eligible for the bonus because of the zip code that I am located in. When I click on the OP's link and enter my zip code, account packages do pop up but no mention of the $100 bonus (on the page where it's listing out the different types of accounts).