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M&T Bank points are worth 1 cent per point, on average. For example, points from M&T Bank are worth up to 1 cent each when redeemed for travel through the M&T Rewards, and they are worth 1 cent each when redeemed for cash back.
M&T Bank Points Value by Redemption Method
| Redemption Method | Average Point Value | Value of 1,000 Points |
| Travel | 1 cent | $10 |
| Cash Back | 1 cent | $10 |
| Gift Cards | 1 cent | $10 |
| Merchandise | Varies | Varies |
M&T Bank Credit Cards
Tips for Getting Value From M&T Bank Points
Redeem M&T Bank points regularly.
M&T Bank points do not expire. However, if you don’t make a credit card purchase in the previous 12-month period, your account becomes inactive and your rewards balance will be forfeited.
Keep your account in good standing.
If M&T Bank closes your account because of a failure to pay the bill or fraudulent activity, you’ll lose any unredeemed points you have saved.
Redeem before closing your account.
Any points you don’t redeem before closing your account will be lost after 45 days.
People also ask
What is the difference between cash back and points?
The difference between cash back and points is that the former is the most versatile type of credit card rewards, as it can be redeemed for anything, and there’s never any doubt about how much it’s worth. Points, on the other hand, have a value set by the credit card company and tend to be worth the most when redeemed for travel. Credit card companies won’t always clearly disclose points values, and those values can change over...
read full answer by Maria Adams, Credit Cards ModeratorHow much are credit card points worth?
Credit card points are worth an average of 1 cent each, though point values usually range from 0.5 cents to 1.5 cents, depending on the card and the redemption method. For example, you might spend 2,500 points on a $25 gift card, while the same number of points might only get you $15 when redeemed for merchandise.
Credit Card Point Values by Reward Program
| Type of Credit Card Points ... | Minimum Point Value | Maximum Point Value | Average Value of 1,000 Points |
How do I apply for an M&T Bank credit card?
You can apply for an M&T Bank credit card online, by selecting “Apply for a Credit Card” on your Account Summary Page. If you do not have an account yet, you can enroll in online banking here.
Alternatively, you can apply by phone at 1-800-724-3222, or in person at one of their branches. You can find the closest branch here.
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