Take control of your credit journey with the M&T Secured Credit Card. Whether you’re starting from scratch or rebuilding your credit, this card offers security, accessibility, and valuable benefits to help you achieve your financial goals.

Advantages of the card M&T Secured Credit

The M&T Secured Credit Card offers numerous advantages to individuals seeking to establish or rebuild their credit.

– Secured with a deposit: Your card is secured by your M&T deposit, allowing for a credit limit starting at $250.

– Opportunity for unsecured credit: With responsible credit management, you may qualify to graduate to an unsecured credit card, potentially having your security deposit returned.

– Access to FICO® Credit Score: Gain free access to your FICO® Credit Score on your account statement, helping you monitor your credit health.

– Low rate offer: Enjoy a variable 22.49% APR, making it easier to manage your finances responsibly.

– No annual fee: Utilize your card year-round without incurring an annual fee, providing you with more savings.

– Additional features: Benefit from M&T Visa Credit Cards’ features, including online and mobile banking, customizable card design, digital wallet integration, and overdraft protection.

Disadvantages of the card M&T Secured Credit

While the M&T Secured Credit Card offers numerous benefits, it’s essential to consider potential drawbacks:

– Security deposit requirement: As a secured credit card, you’ll need to maintain a security deposit, which may impact your available funds.

– Variable APR: The card features a variable APR of 22.49%, which may be higher than some unsecured credit cards.

– Limited credit limit: Your credit limit is determined by your deposit amount, potentially restricting your purchasing power.

Extra features offered by M&T Secured Credit

In addition to its core features, the M&T Secured Credit Card provides extra benefits to enhance your banking experience:

– Fraud prevention: Benefit from M&T Assurance® to help prevent, detect, and resolve fraudulent activity on your card.

– Chip and contactless technology: Enjoy globally accepted security measures for your transactions.

– Card management: Easily manage your card online, by phone, or at a branch for added convenience.

Learn how to apply for your credit card M&T Secured Credit

Applying for the M&T Secured Credit Card is straightforward and accessible for both current and new M&T customers.

Discover the main ways to apply for the card M&T Secured Credit

You can apply for the M&T Secured Credit Card through the following methods:

From the site

Visit the M&T Bank website to learn more about the card and start your application process online.

From the site App

Download the M&T Mobile Banking app and apply for the card directly from your smartphone or tablet.

By agency

Schedule an appointment and visit your nearest M&T branch to apply for the card in person.

Prerequisites for request

To apply for the M&T Secured Credit Card, you’ll need to meet the following prerequisites:

– Have an M&T savings account to secure your deposit

– Complete the application process online, through the mobile app, or in-person at a branch

– Provide necessary personal and financial information for the application

The M&T Secured Credit Card offers a valuable opportunity for individuals to establish, improve, or rebuild their credit. With its secured structure, access to FICO® Credit Score, and additional benefits, it provides a solid foundation for financial growth. By responsibly managing your credit, you can graduate to an unsecured card and further enhance your financial stability. Consider applying for the M&T Secured Credit Card today and take control of your credit journey.