M&T Bank Direct Deposit Bonus offers customers a chance to earn a cash bonus by setting up direct deposit into their M&T checking account. To qualify, new customers must open an eligible account and establish a recurring direct deposit of at least $500 within the first 90 days. Once the criteria are met, customers can receive a bonus, which is typically credited within a few weeks. This promotion is a great way to enjoy the convenience of direct deposit while earning extra cash. Terms and conditions apply.