M&T Bank Visa Credit Card with Rewards

M&T Bank Visa Credit Card with Rewards Review

This is a rewards card issued by M&T Bank. If you're wondering whether M&T Bank Visa Credit Card with Rewards 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.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases.
• Earn 10,000 bonus points, equal to $100 cash or statement credit when you spend $500 in the first 90 days.
• Competitive APRs. M&T Bank Visa Credit Card with Rewards has a variable purchase APR that ranges from 14.24% up to 21.24%.
• No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• 4% Balance transfer fee. M&T Bank Visa Credit Card with Rewards 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 with Rewards

M&T Bank Visa Credit Card with Rewards FAQ

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

M&T Bank Visa Credit Card with Rewards is a rewards card.

What are the M&T Bank Visa Credit Card with Rewards 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 with Rewards?

M&T Bank Visa Credit Card with Rewards has a variable purchase APR that ranges from 14.24% up to 21.24%. The card has a variable balance transfer APR that ranges from 14.24% up to 21.24%. It also has a variable cash advance APR of 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.

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

The following fees apply:

• An overlimit fee of $15.

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

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

Yes, M&T Bank Visa Credit Card with Rewards 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 with Rewards

• Visit the M&T Bank Visa Credit Card with Rewards 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.