M&T Premium Savings
THE MORE YOU SAVE, THE MORE YOU EARN
Unlock the potential to earn higher rates as your balances grow.
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Get rewarded for growing your savings
Here's how you can boost your earning potential with our new Premium Interest Rate category{{d1263*}}:
Open an Account
Start by opening an M&T Premium Savings account.
Deposit $25,000
or more in new money{{d1065*}} within 90 days of account opening.
Once complete, you're ready to earn premium rates.
Have a maturing CD?
Good news! Funds from your maturing M&T Certificate of Deposit (CD) account that are deposited into a newly opened M&T Premium Savings account qualify as new money.
Explore newly updated balance and rate tiers
Check interest rates and annual percentage yields (APYs) for the balance tiers {{d1067*}} applicable to the M&T Premium Savings account. The Premium Interest Rate balance tiers apply once the account meets the new money qualifications.
| Balance Tiers | Standard Interest Rate | Standard Annual Percentage Yield (APY)** | Premium Interest Rate | Premium Annual Percentage Yield (APY)** |
|---|
** The annual percentage yield is a hypothetical rate that assumes that the interest rate will not change although, in fact it may change daily after the "as of" date reflected in the footer below.
Receive convenient account benefits
Premium Rates
Once you’ve qualified for the Premium Interest Rate category{{d1263*}}, you can unlock higher rates as your account balance grows.
Check Writing
Write up to 6 checks at no cost{{d1262*}} for easy access to your money when you need it.
FDIC Insured
Be confident your deposits are FDIC Insured up to maximum limits.
Quick Access
Earn interest while keeping your money in close reach.
Account maintenance
The M&T Premium Savings account has a $20 monthly maintenance charge.
The $20 monthly maintenance charge is waived{{d991*}} if:
- the average daily balance maintained in the account for that monthly service charge cycle is at least $10,000; or
- on the service charge cycle date, you have a MyChoice Premium Checking, Power Checking, M&T Select, M&T Select With Interest, or Advantage Checking Account{{d1261*}}.
Access tools to predict potential earnings
Check out our savings calculators to estimate the future value of your savings.
Enjoy additional account features
Conveniently access and manage your account
Online or on your phone with M&T Online & Mobile Banking
At an M&T Bank branch or ATM
Available Overdraft Protection with a linked M&T checking account
Stay informed of any changes in your accounts with these tools
Combined statements
Connect Direct Deposit with M&T's Easy Save
M&T's Easy Save is a feature that allows automatic transfers between M&T accounts – so you can save more.
