Grow your cash with M&T Market Advantage for Business account

Get the most out of your savings. With M&T Market Advantage for Business account, you can put your extra cash to work earning interest and still access your funds whenever you need them. 

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What you Get

Make your money work as hard as you do

  • Low Fees: No monthly maintenance fee with a $10,000 daily ledger balance. No charge for the first $5,000 in currency deposited per month
  • Competitive Rates: Variable tiered interest rate.
  • Easy Access: Add or withdraw funds whenever you like - even through an ATM
  • Secure Deposits: FDIC insured up to the maximum applicable limits
There is no monthly maintenance charge if requirements are met, but other transaction and service fees, including overdraft fees, may apply.
​Fees for additional currency deposited or supplied are $0.27/$100.

Open an account today with a minimum deposit of $2,500

Stop by your nearest M&T Bank branch or schedule an appointment, and a Relationship Manager will help you open an account.

Deposit your funds:

  • Deposit a check by using the M&T Bank Mobile App or visit an M&T branch.
  • Complete an online transfer into your new M&T account.
  • Wire money from your old account into your new M&T account.

Account requirements and details

 Monthly maintenance fee: $12.50

 Minimum opening deposit: $2,500

 Minimum daily ledger balance to avoid maintenance fee:  $10,000

 A $1,000 daily collected balance is required to earn interest.

 No charge for transaction items each month

  No charge for first $5,000 in currency deposited each month

 FDIC Insured up to the maximum applicable limits

 ATM Access

There is no monthly maintenance charge if requirements are met, but other transaction and service fees, including overdraft fees, may apply.
Transaction items are: deposit tickets (teller or virtual), checks paid, checks deposited, ACH credits received (not generated by the customer), and ACH debits received (not generated by the customer). ATM cash deposits are not considered a transaction item.
​Fees for additional currency deposited or supplied are $0.27/$100.

This Money Market Account includes these added perks

M&T Online Banking for Business

M&T's online banking tools help you manage your business transactions

​Use of these features and services requires Internet and/or data access through a computer or mobile device. Subject to availability and the same limitations as any service available through the Internet. M&T Bank is not responsible for matters that are outside of its reasonable control that might impact availability and functionality. M&T Bank reserves the right to suspend service for any reason at any time. Your mobile carrier’s text messaging and data charges may apply. Fees may apply for optional services provided through M&T Online Banking for Business. View the M&T Digital Services Agreement for additional details.

M&T Mobile Banking for Business

Make mobile transfers, monitor transactions, and more

​Use of these features and services requires Internet and/or data access through a computer or mobile device. Subject to availability and the same limitations as any service available through the Internet. M&T Bank is not responsible for matters that are outside of its reasonable control that might impact availability and functionality. M&T Bank reserves the right to suspend service for any reason at any time. Your mobile carrier’s text messaging and data charges may apply. Fees may apply for optional services provided through M&T Online Banking for Business. View the M&T Digital Services Agreement for additional details.

Overdraft Protection

Link your M&T Market Advantage for Business account to your checking account for easy transfers and overdraft protection

Overdraft protection is available either through a link to an M&T Business Savings Account (i.e. Commercial Statement Savings, Commercial Money Market Savings, Market Advantage for Business), M&T Visa Business Credit Card or M&T Business Access Line of Credit. Business Access Line of Credit and M&T Visa Business Credit Cards are subject to credit approval. Fees may apply to use other overdraft protection services.

FDIC Insured

Deposits are FDIC insured up to the maximum applicable limits

Security & Fraud Protection

You're covered against loss in the event that there is unauthorized activity in your M&T account

M&T Business Debit Card

Make deposits and withdrawls at ATMs. Get a debit card for yourself and your employees

M&T Business Debit Card and ATM Card for Business (with All-Activity option) cardholders must be authorized signers on all deposit accounts linked to their cards.

How to open an account

Stop by your nearest M&T Bank branch or schedule an appointment, and a Relationship Manager will help you open an account.

Schedule an Appointment
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Unless otherwise specified, all advertised offers and terms and conditions of accounts and services are subject to change at any time without notice. After an account is opened or service begins, it is subject to its features, conditions and terms, which are subject to change at any time in accordance with applicable laws and agreements. Please contact an M&T representative for details.
All M&T deposit accounts are subject to M&T standard account agreements.