Who can apply for the card?
The M&T Secured Credit Card is ideal for individuals looking to establish, improve, or rebuild their credit. To qualify, you’ll need to provide a refundable security deposit of at least $250, which will act as your credit limit.
This card is particularly beneficial for students, young professionals, or anyone aiming to improve their financial stability. Current and new M&T customers can easily apply online or in person at a branch.
Required Documentation
To apply for the M&T Secured Credit Card, you’ll need:
✔️A valid government-issued ID
✔️Proof of income
✔️A security deposit in an M&T savings account (minimum $250)
✔️A document verifying your current address
The application process is simple and designed to help you start your credit journey without unnecessary complications.
A Tip for You
The M&T Secured Credit Card is more than just a card; it’s a stepping stone to financial independence. Start by using your card responsibly—keep your spending within your secured limit and pay off your balance on time every month. This not only helps improve your credit score but also builds positive financial habits.
Monitor your FICO® Credit Score regularly to see how your efforts are paying off. Aim to use no more than 30% of your credit limit, as this demonstrates responsible usage to creditors. Finally, take advantage of M&T’s periodic reviews to graduate to an unsecured card. Your initial security deposit will be refunded, giving you the freedom to continue building credit without restrictions.
I Want to Apply for the Card!
Ready to take control of your credit? Apply for the M&T Secured Credit Card today and start building a stronger financial future. Click the button below to begin your application and take the first step toward better credit.