Last updated on February 22nd, 2023
M&T Business Rewards Credit Card
M&T Business Rewards Credit Card
- 16.49% or 23.49% variable based on creditworthiness and the Prime Rate Regular Purchase APR
- 16.49% or 23.49% variable based on creditworthiness and the Prime Rate Balance Transfer APR
- 26.49% varies based on the Prime Rate Cash Advance APR
- 0% for 12 months from account opening date Intro Purchase APR
At a Glance
The M&T Business Rewards Credit Card from M&T Bank provides companies with the ability to earn rewards on all purchases while including no annual fees and no foreign transaction fees. It also features a 0% introductory APR for 12 months and a highly competitive APR after that. New members can earn 10,000 bonus points with purchases of $500 in the first 3 months.
- Best Benefits
- Rates & Fees
- Why Should You Apply?
- Earn 10,000 bonus points after making $500 in purchases during first 90 days
- No annual fee
- Add employee cards at no additional cost, plus the ability to manage spend limits for all users
- 0% intro APR on transactions and balance transfers for the first 12 months
- Intro Purchase APR: 0% for 12 months from account opening date
- Regular Purchase APR: 16.49% or 23.49% variable based on creditworthiness and the Prime Rate
- Intro Balance Transfer APR: 0% for 12 months from account opening date
- Balance Transfer APR: 16.49% or 23.49% variable based on creditworthiness and the Prime Rate
- Balance Transfer Transaction Fee: Either $10 or 4% of the amount of each transfer, whichever is greater
- Cash Advance APR: 26.49% varies based on the Prime Rate
- Cash Advance Transaction Fee: Either $10 or 3% of the amount of each cash advance, whichever is greater
- Penalty APR: 24.99% variable based on the Prime Rate
- Late Payment Penalty Fee: Up to $35
- Return Payment Penalty Fee: Up to $25
- You're looking to earn unlimited 1.5% cash back on all your business purchases
- You want a business card with no annual fee and no foreign transaction fees
- You enjoy the convenience of multiple balance payment options and online and mobile account management
- You want a business card with 0% introductory APR for 12 months
M&T Business Rewards Credit CardTerms & Conditions
M&T Business Rewards Credit Card Review
The M&T Business Rewards Credit Card provides companies the spending power and protections of Visa, with the ability to earn hassle-free rewards on all purchases. The card offers a 1.5% cash back earning rate on all purchases, making it a sound option for everyday purchases such as gas, office supplies, dining out, or even paying bills.
New members can earn 10,000 bonus points when they spend $500 on purchases using the card within 90 days of opening the account. These points are redeemable for a variety of goods and services from Visa, including booking future business travel, cash, statement credits, experiences, gift cards, and much more. Even better, there is no limit on the number of points you can earn.
As with other M&T Bank credit card offerings, the M&T Business Rewards Credit Card features no annual fee, no foreign transaction fees, and an introductory 0% introductory APR on both purchases and balance transactions. Once the initial 12-month APR lapses, however, cardholders can expect a highly competitive APR, which varies based on both creditworthiness and the Prime Rate.
The M&T Business Rewards Credit Card affords companies sound safeties with M&T Assurance®. The service offers comprehensive assistance and protection in the detection, resolution, and prevention of fraud. These features include a dedicated 24/7 customer support line, chip technology, and M&T alerts designed to provide instant notifications in the event of any suspicious activities.
Visa is a name trusted around the world for reliable purchasing power and security – and the M&T Business Rewards Credit Card takes advantage of partnering with this network. The card is designed with global commerce in mind, and beyond no foreign transaction fees also boats digital capabilities, including payment through mobile apps and services, such as Apple Pay®, Google Pay™, or Samsung Pay.
Should You Apply for the M&T Business Rewards Card?
The M&T Business Rewards Card is designed with everyday operations in mind. The card features the ability to monitor and manage spending limits for all employees easily. Companies can even get additional employee cards at no extra cost, meaning it is a versatile tool for your entire team.