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  M&T Bank Visa Credit Card
M&T Bank Visa Credit Card Unaffiliated

M&T Bank Visa Credit Card

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Highlights
Purchase APR  (Variable APR) 13.24% - 20.24%
(Verified 12/02/2022)
Balance Transfer APR  (Variable APR) 13.24% - 20.24%
(Verified 12/02/2022)
Credit Score Range 650 - 850
Annual Fee $0

M&T Bank Visa Credit Card Review

This is a credit card issued by M&T Bank. If you're wondering whether M&T Bank Visa Credit Card is the right card for you, read on.

Key Takeaways

  • 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 12 months, which is the average period for 0% APR balance transfer cards.
  • 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases.
  • Competitive APRs. M&T Bank Visa Credit Card has a variable purchase APR that ranges from 13.24% up to 20.24%.
  • No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
  • 4% Balance transfer fee. M&T Bank Visa Credit Card charges a fee of 4% on balance transfers. For example, a balance of $1,000 could cost $40 in transfer fees. The minimum fee is $10.
  • Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
  • Fair or better credit required. You will have good approval odds if your credit score is above 650.

Pros & Cons of M&T Bank Visa Credit Card

The Good The Bad
  • Potentially lower than average purchase APRs.
  • 0% APR balance transfer intro rate on balance transfers for up to 12 months.
  • 0% APR on new purchases . There is then a variable purchase APR that ranges from 13.24% up to 20.24%.
  • No annual fee.
  • M&T Bank Visa Credit Card reports to multiple credit bureaus.
  • Does not offer a signup bonus.
  • Does not offer rewards or cash back.
  • Charges a foreign transaction fee of 3%.
  • You don't earn rewards on every purchase.
  • Charges a 4% balance transfer fee.
  • Does not include many credit card benefits.

M&T Bank Visa Credit Card FAQ

Does M&T Bank Visa Credit Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the M&T Bank Visa Credit Card benefits?

It provides the following benefits:

  • Zero fraud liability
  • Reports to major credit bureaus

What are the relevant APRs for M&T Bank Visa Credit Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

M&T Bank Visa Credit Card has a variable purchase APR that ranges from 13.24% up to 20.24%. The card has a variable balance transfer APR that ranges from 13.24% up to 20.24%. It also has a variable cash advance APR starting at 25.24% . Note that late payments are subject to an APR of 24.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

Does M&T Bank Visa Credit Card have an intro APR offer on balance transfers?

Yes, it offers an intro APR rate on balance transfers of 0% for a period of up to 12 months.

M&T Bank Visa Credit Card Balance Transfers
Description
Balance Transfer Fee % After Intro Period Starting at 4%
Balance Transfer Introductory APR 0%
Balance Transfer Intro APR Period 12 months
Balance Transfer APR 13.24% - 20.24%
Balance Transfer Fee Minimum $10
Balance Transfer Fee % 4%

Does M&T Bank Visa Credit Card have an intro APR offer on new purchases?

M&T Bank Visa Credit Card Purchase Intro Offer
Description
Introductory Rate 0%

This card does offer an intro APR rate of 0% on qualified purchases

What are the fees for M&T Bank Visa Credit Card?

The following fees apply:

  • An overlimit fee of $15.
M&T Bank Visa Credit Card Fees
Fees Amount
Annual Fee $0
Overlimit Fee $15
Foreign Transaction Fee 3%
Returned Payment Fee up to $25
Late Payment Fee up to $35

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.

Does M&T Bank Visa Credit Card have a foreign transaction fee?

M&T Bank Visa Credit Card charges a foreign transaction fee of 3%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $60. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge foreign transaction fees.

What is the customer service phone number for M&T Bank Visa Credit Card?

The M&T Bank Visa Credit Card customer service number is (800) 724-2440.

What is the support contact email for M&T Bank Visa Credit Card?

The support contact email for M&T Bank Visa Credit Card is ir@mtb.com .

What is the M&T Bank Visa Credit Card login page?

You can access the M&T Bank Visa Credit Card login page here.

How do people rate the customer service and user experience of M&T Bank Visa Credit Card?

We currently don't have sufficient reviews to provide a reliable SuperMoney community rating for this product.

Does M&T Bank Visa Credit Card report your account activity to credit bureaus?

Yes, M&T Bank Visa Credit Card reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for M&T Bank Visa Credit Card

  • Visit the M&T Bank Visa Credit Card website.
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
  • Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Introductory Rate 0%
Cash Advance Fee Minimum $10
Cash Advance Fee (%) Starting at 3%
Minimum Cash Advance Fee ($) Starting at $10
Foreign Currency Transaction Fee 3%
No Annual Fee
Annual Fee $0
Over-Limit Fee $15
No Interest Grace Period for Late Payment 25 days
Returned Payment Fee Up to $25
Late Fee Amount Up to $35
Customer Type Personal
Minimum Age 18
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 650 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Fraud Liability
Rewards Type No Rewards
Cash Advance APR (Variable APR) Starting at 25.24%
APR Type Variable APR
Balance Computation Average daily balance (including new purchases).
Penalty APR (Variable APR) 24.99%
Purchase APR (Variable APR) 13.24% - 20.24%
(Verified 12/02/2022)
Balance Transfer Fee % After Intro Period Starting at 4%
Balance Transfer Introductory APR (Variable APR) 0%
Balance Transfer Intro APR Period (Variable APR) 12 months
Balance Transfer APR (Variable APR) 13.24% - 20.24%
(Verified 12/02/2022)
Balance Transfer Fee Minimum $10
Balance Transfer Fee % 4%
Card Type
  • Low Interest
Card Network Visa

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