M&T Business Rewards Credit Card: $250 Bonus and Simple 1.5% Cash Back

If you're running a small business, every dollar counts. The M&T Business Rewards Credit Card is offering a straightforward deal: earn a $250 cash bonus after spending $2,500 in the first 90 days, plus unlimited 1.5% cash back on all purchases. No rotating categories, no caps, and no annual fee. Let's break down what you need to know.

What's the Deal?

M&T Bank is offering a $250 cash bonus when you open a new Business Rewards Credit Card and spend $2,500 within the first 90 days. That bonus comes as 25,000 points, which you can redeem as a statement credit, deposit into your M&T business checking account, or choose other options. On top of that, you earn unlimited 1.5% cash back on every purchase—no tiers, no caps, no categories to track.

The card also comes with a 0% introductory APR on purchases for the first 9 billing cycles. After that, a variable APR between 16.74% and 23.74% applies. There's no annual fee and no foreign transaction fees, which is a nice perk if you travel for business.

Who Should Consider This Card?

This card is ideal for small business owners who want a simple rewards structure without jumping through hoops. If you spend at least $2,500 in the first three months, the $250 bonus is easy to snag. The 1.5% cash back rate is competitive for a no-fee business card, and the intro APR gives you breathing room on larger purchases.

However, if you have higher spending or want more robust travel perks, you might look at other options. M&T also requires you to schedule an appointment to apply, so it's not an instant online process.

Things to Watch Out For

First, the bonus requires $2,500 in purchases within 90 days—not just any activity, but actual purchases. Make sure you can hit that threshold without overspending. Second, the intro APR only applies to purchases, not balance transfers or cash advances. And after 9 months, the variable rate can be steep if you carry a balance.

Also, you'll need to visit a branch or schedule a call to apply, which might be less convenient than online applications from other issuers. Finally, while the card has no annual fee, it's worth checking if there are any monthly maintenance fees on your linked business checking account.

Bottom Line

• Earn $250 cash bonus after $2,500 spend in 90 days
• Unlimited 1.5% cash back on all purchases, no caps
• 0% intro APR for 9 billing cycles on purchases
• No annual fee and no foreign transaction fees
• Free employee cards with spend limits

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