The M&T Visa® Credit Card is designed to make every purchase more rewarding, with unlimited points that can be redeemed for exciting benefits. Whether you’re shopping for everyday essentials or making big-ticket purchases, you’ll earn 1 point for every dollar spent. Plus, you can enjoy special offers, including a 10,000-point bonus for new users.

What makes this card truly stand out is its simplicity and flexibility. With no annual fee, a low introductory APR, and the chance to customize your card design, it offers great value for both seasoned credit card holders and new users alike. Let’s dive deeper into the features and benefits of this card.

Key features of the M&T Visa® Credit Card

This credit card is packed with features that make it ideal for anyone looking to earn rewards while managing their finances. Here are the key details:

• No Annual Fee: Use your card year-round without worrying about paying an annual fee, saving you money.
• Unlimited Points: Earn 1 point for every $1 you spend, with no earning limits.
• Bonus Points Offer: Earn 10,000 bonus points ($100 value) when you make $500 in purchases within the first 90 days of account opening.
• Low Introductory APR: Enjoy 0% APR on purchases and balance transfers for the first 12 billing cycles. After that, variable APR ranges from 15.99%-22.99%.

How does the annual fee work?

With the M&T Visa® Credit Card, there’s no annual fee, which is a significant benefit for cardholders. Many credit cards charge an annual fee, which can add up over time. However, with this card, you can enjoy its rewards program and other benefits without the extra cost.

For those considering cards with an annual fee, it’s always important to weigh the rewards and benefits you receive against the yearly charge. In this case, the M&T Visa® Credit Card offers a strong set of features with no annual fee, which makes it stand out in the marketplace.

How is the credit limit determined?

The credit limit for the M&T Visa® Credit Card depends on your credit profile and financial situation. For traditional credit cards, the bank assesses your creditworthiness, income, and other factors to determine your limit.

For secured credit cards, you must deposit a certain amount, and this deposit will be your credit limit. For prepaid cards, the customer has full control over the limit since it’s based on the deposit amount made by the user.

Benefits of the M&T Visa® Credit Card

The M&T Visa® Credit Card comes with several perks that enhance your spending experience. Here are just a few:

• Rewards on Every Purchase: Earn 1 point per $1 spent, making everyday purchases more rewarding.
• No Annual Fee: You won’t have to pay extra for the privilege of using your credit card.
• Low Intro APR: Take advantage of 0% APR on purchases and balance transfers for the first 12 billing cycles.
• Global Acceptance: This card is widely accepted around the world, ensuring you can use it virtually anywhere.

Highlighted advantage: The Rewards Program

One of the standout features of the M&T Visa® Credit Card is its Rewards Program. For every dollar spent, you earn 1 point, with no limits on how many points you can accumulate. This makes it easy to earn rewards over time and use them for cash back, statement credits, or other exciting rewards.

You can even choose to redeem your points automatically for cash back or apply them towards your statement balance. The flexibility of this program allows you to grow your rewards as you go, making it a great option for those who want to maximize the value of their spending.

Disadvantages of the M&T Visa® Credit Card

While the M&T Visa® Credit Card offers numerous benefits, there are a few drawbacks to consider:

• High Variable APR After Intro Period: After the 0% introductory APR period ends, the card’s APR can range from 15.99% to 22.99%, depending on your creditworthiness.
• Balance Transfer Fee: A 4% balance transfer fee applies, which could add up if you’re transferring a large balance.
• Limited Physical Branches: Depending on your location, you may have limited access to physical branches for in-person support.

Highlighted disadvantage: High APR After Introductory Period

The most significant disadvantage of the M&T Visa® Credit Card is the high APR once the introductory 0% rate expires. If you’re carrying a balance from month to month, the interest can quickly accumulate, especially with rates ranging from 15.99% to 22.99%. It’s essential to pay off your balance during the introductory period or consider other strategies to avoid high interest charges.

Who can apply for the M&T Visa® Credit Card?

To apply for the M&T Visa® Credit Card, you must meet the following criteria:

• Age: You must be at least 18 years old.
• Income: There may be a minimum income requirement, depending on the type of card.
• Credit History: A good credit score is typically required, although options may exist for those with fair or poor credit.
• Other Considerations: Applicants with a positive credit history and no recent delinquencies are more likely to be approved.

How to apply for the M&T Visa® Credit Card

Applying for the M&T Visa® Credit Card is easy. Here’s how you can get started:

Online Application

You can apply online through the M&T Bank website. The process is quick and easy, and you’ll receive a decision in just a few minutes.

Mobile Application

You can also apply using the M&T Bank mobile app, which allows you to manage your account, track your rewards, and apply for a card directly from your phone.

In-Person Application

If you prefer to speak with someone face-to-face, you can visit a nearby M&T branch and apply for the credit card in person.

With all the features and benefits this card offers, it’s clear that the M&T Visa® Credit Card is a great choice for those who want to earn rewards and enjoy financial flexibility. Whether you’re new to credit cards or an experienced user, this card provides the tools you need to make smarter spending decisions.