High-Yield Savings
M&T Bank
Annual Percentage Yield
0.01%
APY · Variable rate
M&T Bank logoM&T Bank

M&T EZ Choice $400 Bonus

4.1
Editorial score

APY

0.01%

Min. to Open

$25

Monthly Fee

$6.95/month

Welcome Bonus

$400 after qualifying direct deposits and debit purchases

FDIC InsuredMobile AppATM Access
See if this fits your budget →

M&T EZ Choice $400 Bonus

$400 with qualifying activity — April 2026.

Our take

Ed

Strong headline for eligible new customers in M&T markets.

Highlights

What we like

Competitive for April 2026

FDIC insured (typical for US banks)

The trade-off

Confirm live rate and offer on issuer site

Ch

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Full details

Rate & Earnings
APY0.01%
Welcome bonus$400 after qualifying direct deposits and debit purchases
Fees & Requirements
Monthly fee$6.95/month
Fee waiverDirect deposit or balance
Minimum to open$25
Features
FDIC insured FDIC insured
Mobile app Mobile app
ATM access ATM access

Frequently asked questions

What is the current APY on this account?

The current APY is 0.01%. Rates are variable and may change. Check the bank's site for the most current rate.

Is my money protected?

Yes — this account is FDIC insured up to $250,000 per depositor, per institution. Your money is safe even if the bank fails.

How do I access my money?

ATM withdrawals are available. You can transfer funds electronically to a linked checking account, typically within 1–3 business days.

How do I avoid the monthly fee?

The monthly fee of $6.95 can be waived if you Direct deposit or balance.

M&T Bank logo

M&T EZ Choice $400 Bonus

4.1

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Verified Apr 2026