Current vs M&T Bank
Current is a simple, digital-only banking app with impressive bonus and cashback. How does it compare to M&T Bank? Read our comparison chart below.
Current offers mobile-only banking for adults and teens. It offers cashback rewards, interest on savings, faster direct deposit, and fee-free overdrafts. There are no monthly fees and no minimums.
While M&T Bank has over 960 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 12 months with a $1,000 minimum opening deposit.
Compare Current with M&T Bank, side-by-side.
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| Visit Site | Learn More | |
Current | M&T Bank | |
|---|---|---|
Build Credit While You Bank - | Personal Checking Account - $200 Bonus - | |
Benefits and Features | ||
| Savings | Up to 4.00% bonus on your Savings Pod, on up to a total of $6,000 | 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 |
| CD | Terms from 32 days to 120 months. Minimum opening deposit $1,000. | |
| Checking | Earn up to 15x points on purchases at participating merchants | |
| Monthly Fee | ||
| Kids Debit Card |  | |
| Minimum Deposit to Open | ||
| Mobile App | ||
| ATMs | Free access to 40,000+ Allpoint ATMs | More than 1,800 M&T Bank ATMs in Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Vermont, Virginia, West Virginia, and the District of Columbia. |
| Customer Service | Mon - Fri 8:00 am - 9:00 pm (ET); Sat - Sun 9:00 am - 5:00 pm (ET). | |
| Locations | 960+ bank branches located throughout Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Vermont, Virginia, West Virginia, and the District of Columbia. | |
CreditDonkey® Reviews | ||
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| Checking | | |
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| Mobile App | | |
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| Pros & Cons | Pros:
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| Bottom Line | Simple, digital-only banking app with impressive bonus and cashback... | |
| Visit Site | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Current: Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC. M&T Bank: Pricing information from published website as of 02/24/2026 based on 14203 zip code | ||
Build Credit While You Bank
- Get Paid Up to 2 Days Faster
- Build credit and earn points with every swipe
- 40,000 fee-free Allpoint ATMs in the U.S.
- No credit check, minimum balance or hidden fees
Current Savings - Up to 4.00% bonus
- 4.00% bonus on up to $6,000 balance if you receive and maintain a qualifying direct deposit of $200 or more in a rolling 35 day period. (Otherwise, 0.25%)
- Simply add money to your Savings Pods and enable the Boost feature.
- Earn bonus on up to 3 Savings Pods, up to $2,000 balance each.
- Bonuses accumulate daily.
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Current or Bank of America.
Articles on Current
Current Banking Review
Which Do You Think is Best?
Which Bank Account is Right for You?
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