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M&T Bank Visa Business Card Review

The M&T Business Credit Card is a no-frills credit card for small to midsize businesses that has no annual fee. You can add employee cards at no cost and manage spending limits. For the first 12 months, there’s a 0% APR on purchases and balance transfers. After that, the variable APR is 15.49% to 22.49%.

  • Issuer NameM&T Bank
  • Annual Fee$0
  • Regular APR15.49% to 22.49%
  • Penalty APR24.99%
  • Balance Transfer Fee4% balance transfer fee, with a $10 minimum
  • Cash Advance Fee3% of each transaction (minimum $10)

  • Can use the 12-month 0% APR on purchases and balance transfers.
  • Don’t want to pay an annual fee. 
  • Aren’t concerned with earning rewards for purchases or travel.

The 12-month 0% APR on purchases and balance transfers can help you pay for a large purchase or pay down high-interest debt over time. If you can pay it off within the 0% introductory period, you can finance your purchase or balance transfer interest free. However, there’s a 4% balance transfer fee, with a $10 minimum.

Editor’s Take

The M&T Business Credit Card can be useful if you’re looking for a no-annual-fee business card that allows you to add and manage employee cards for free. It can also be a good choice if you can take advantage of the 12-month 0% APR on purchases and balance transfers. However, other business cards offer sign-up bonuses and rewards you can redeem for travel or statement credits. So if you don’t need an interest-free period, you may be better served by another card that comes with rewards.

Jessica MerrittContributor

The M&T Business Credit Card doesn’t have a welcome offer.

You won’t earn rewards with the M&T Business Credit Card.

U.S. News rates credit cards by analyzing factors including fees, interest rates and benefits, each weighed against their importance to determine an overall score for each credit card. Consumers can rely on these ratings to provide objective, accurate assessments of credit card choices.

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Sarah Goldberg
Sarah Goldberg

Sarah is a seasoned financial market expert with a decade of experience. She's known for her analytical skills, attention to detail, and ability to communicate complex financial concepts. She holds a Bachelor's degree in Finance, is a licensed financial advisor, and enjoys reading and traveling in her free time.

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