The M&T Visa® credit card is designed with convenience and flexibility in mind, making it an ideal choice for those who want a straightforward, low-cost credit option. With features like a low introductory APR, no annual fee, and comprehensive digital tools for managing your account, this card helps you cover both everyday purchases and unexpected expenses with ease.

This card also prioritizes security and ease of use, offering contactless payments, digital wallet compatibility, and robust fraud protection. Additionally, M&T Bank offers a variety of ways to manage your account, whether online, through their mobile app, or at a branch. These features, combined with the card’s competitive rates, make the M&T Visa® credit card a solid choice for anyone looking to simplify their finances.

Key information about the M&T Visa® credit card

The M&T Visa® credit card is tailored to provide a balance of affordability and utility. One of its standout features is the 0% introductory APR on both purchases and balance transfers for the first 12 billing cycles after account opening.

This makes it an excellent option for those looking to finance larger purchases over time or consolidate higher-interest debt. After the introductory period, the APR ranges from 15.49% to 22.49%, depending on your creditworthiness.

How does the annual fee work?

One of the most appealing aspects of the M&T Visa® credit card is that it has no annual fee. This means you can enjoy the card’s benefits without the burden of an ongoing yearly cost. For many cardholders, the absence of an annual fee is a key factor in choosing a credit card, as it allows them to maximize the value of the card without worrying about an additional expense.

How is the credit limit determined?

The credit limit for the M&T Visa® credit card is determined based on several factors, including your creditworthiness, income, and overall financial profile. During the application process, M&T Bank reviews your credit report and financial situation to establish a credit limit that aligns with your ability to manage debt responsibly.

Credit card benefits 

• 0% introductory APR: Benefit from a 0% APR on purchases and balance transfers for the first 12 billing cycles, giving you the flexibility to pay off large purchases or consolidate debt without accruing interest.
• No annual fee: Enjoy all the card’s benefits without worrying about an annual fee, making it a cost-effective option for long-term use.
• Digital wallet compatibility: Add your card to your digital wallet for faster, easier, and more secure payments.
• Comprehensive online & mobile banking: Manage your account, make payments, and transfer funds with M&T’s online and mobile banking platforms.
• Customizable card design: Personalize your card’s appearance at no additional cost, allowing you to carry a card that reflects your style.
• Security features: Benefit from M&T Assurance® for fraud prevention, globally accepted chip and contactless technology, and security alerts to your mobile phone.

0% introductory APR

One of the most significant advantages of the M&T Visa® credit card is the 0% introductory APR on purchases and balance transfers for the first 12 billing cycles. This feature is particularly useful for cardholders who want to finance larger purchases over time without incurring interest or who wish to consolidate higher-interest debt into one manageable payment.

Disadvantages

• Balance transfer fee: A fee of 4% of the amount transferred (with a $10 minimum) applies to balance transfers, which can add up if you’re transferring a significant amount.
• Variable regular APR: After the introductory period, the APR can range from 15.49% to 22.49%, which may be high for some cardholders, depending on their creditworthiness.
• Limited rewards: Unlike some other credit cards, the M&T Visa® credit card does not offer a rewards program, which may be a downside for those looking to earn points, cashback, or miles on their purchases.

Balance transfer fee

One notable disadvantage of the M&T Visa® credit card is the balance transfer fee. While the 0% introductory APR is a great feature, the 4% fee on transferred balances can reduce the overall savings, especially if you’re transferring a large balance. This fee is something to consider when evaluating the card’s suitability for consolidating debt.

Who can apply for this card?

To apply for the M&T Visa® credit card, you must meet certain eligibility requirements:

• Income: Proof of income may be required to demonstrate your ability to manage credit and make timely payments.
• Age: Applicants must be at least 18 years old.
• Residency: The card is available to U.S. residents with a valid Social Security number or Tax Identification Number.
• Creditworthiness: You must meet the credit criteria established by M&T Bank, which typically requires a good to excellent credit score.

How to apply for the M&T Visa® credit card

Applying online

Applying for the M&T Visa® credit card is a simple and convenient process that can be completed online in just a few minutes. To get started, visit the official M&T Bank website and navigate to the credit card section, where you will find the M&T Visa® credit card listed among other available options.

Click on the card to access the application page, which will guide you through the process step-by-step. You will be required to provide personal information such as your name, address, Social Security number, and income details. It’s important to have a valid form of primary identification, such as a driver’s license or passport, ready to complete the application.

Once you have filled out the necessary information, take a moment to carefully review your application to ensure that all details are accurate. This review is crucial as any errors could delay the processing of your application or impact your eligibility.

After confirming that everything is correct, submit your application online. M&T Bank will then review your submission, including a credit check to assess your creditworthiness. If your application is approved, you will receive your M&T Visa® credit card in the mail within a few business days. Upon receiving your card, you can activate it and start using it for your everyday purchases, taking advantage of the card’s features and benefits.

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