M&T Bank vs PNC Bank
M&T Bank is an upper East Coast bank with free checking option and good promo CD rates. How does it compare to PNC Bank? Read our comparison chart below.
M&T Bank has 690 branches serving the Upper East Coast and Florida. Offers a no-fee checking, as well as interest checking but with heavier requirements to waive service fees. Select Promo CD offers high rates for terms up to 36 months with a $1,000 minimum opening deposit.
While PNC Bank has 2,300+ branches in 29 states plus D.C. mostly in the East. Checking accounts offer a unique Virtual Wallet feature with financial tools to help achieve goals. Account fees are easily waived by meeting account balance or direct deposit requirements.
Compare M&T Bank with PNC Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
M&T Bank | PNC Bank | |
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Referral Program - Up to $500 Bonus - | Virtual Wallet with Performance Select Checking - $400 Bonus - | |
Benefits and Features | ||
Savings | 0.01% APY. Monthly service fee of $7.50 unless you 1) maintain a minimum daily balance of $500 or more or, 2) have a personal checking account with M&T Bank or, 3) make at least one deposit in your Relationship Savings account | Up to 4.65% APY. Only available in eligible markets. |
CD | Terms from 32 days to 120 months. Minimum opening deposit $1,000. | 0.01% to 4.75% APY. Terms of 7 days to 10 years. |
Checking |
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Money Market | Up to 3.50% APY. Only available in eligible markets. | |
Mobile App | ||
ATMs | More than 1,800 M&T Bank ATMs in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia. | Approximately 60,000 PNC and partner ATMs |
Customer Service | Mon - Fri 8:00 am - 9:00 pm (ET); Sat - Sun 9:00 am - 5:00 pm (ET). |
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Locations | 700 bank branches located throughout New York, New Jersey, Pennsylvania, Maryland, Washington, D.C., Virginia, West Virginia and Florida | |
CreditDonkey® Reviews | ||
Savings | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
CD | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Checking | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Money Market | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Pros & Cons | Pros:
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Bottom Line | Upper East Coast bank with free checking option and good promo CD rates... | East Coast bank with advanced financial tools to help achieve goals... |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. M&T Bank: Pricing information from published website as of 09/02/2024 based on 14203 zip code PNC Bank: Pricing information from published website as of 09/04/2024 based on 91107 zip code. |
Which is Better: M&T Bank or PNC Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing M&T Bank or Chase.
In short: PNC Bank's mobile app is worth mentioning.