M&T Bank Corporation
1 cardholder agreement · 349 KB
- Starting score100
- Forced arbitration (opt-out available)-12
- Penalty APR-6
- Fair Terms score82 · grade B
See the exact wording behind each below.
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You can opt out of this issuer's forced arbitration
M&T Bank Corporation's agreement lets you reject arbitration and keep your right to sue — usually within a short window after opening the account. You have to send it in writing. Here's the language from the filed agreement:
“…sfer may not take effect before your next cycle. ?? 2026 M&T Bank 2/1/2026 M&T Bank Visa?? Credit Card Agreement THIS AGREEMENT INCLUDES AN ARBITRATION PROVISION. YOU MAY REJECT THE ARBITRATION PROVISION IN ACCORDANCE WITH THE TERMS OF THE ARBITRATION SECTION BELOW. This Agreement governs the use of Your M&T Visa?? Credit Card, M&T Visa?? Credit Card with Rewards, M&T Visa?? Signature Credit Card, or M&T Secured Credit Card account with M&T Bank, and together with the Application, Disclosures and Terms, and any other documents We provide in connection with the Account is the collective agreement that applies to all transactions on Your Account. This Agreement is the final expression of the terms and conditions of Your Credit Card Account with Us, and it supersedes any alleged oral or inconsistent provisions of any prior agreement. If any part of the Agreement conflicts with applicable la…”
Read the exact mailing address in the clause above, then use our opt-out letter template and full guide →
Contract X-Ray — what's buried in the fine print
2 red flags · 1 filed docDetected in the CFPB-filed cardholder agreements from M&T Bank Corporation. Verbatim quotes below — CardSleuth flags the language; this isn't legal advice.
You give up your right to sue in court — disputes are pushed into private arbitration.
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“…lance transfer may not take effect before your next cycle. ?? 2026 M&T Bank 2/1/2026 M&T Bank Visa?? Credit Card Agreement THIS AGREEMENT INCLUDES AN ARBITRATION PROVISION. YOU MAY REJECT THE ARBITRATION PROVISION IN ACCORDANCE WITH THE TERMS OF THE ARBITRATION SECTION BELOW. This Agreement governs the use of Your M&T V…”
Slip up and your rate can jump to a much higher penalty APR.
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“…APR will vary with the market based on the Prime Rate. APR for Overdraft Advances 25.74%. This APR will vary with the market based on the Prime Rate. Penalty APR and When it Applies 24.99%. This APR may be applied to your account if your account is past due 60 days. How Long Will the Penalty APR Apply? If your…”
The contract lets you reject arbitration (usually within a short deadline) and keep your right to sue.
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“…lance transfer may not take effect before your next cycle. ?? 2026 M&T Bank 2/1/2026 M&T Bank Visa?? Credit Card Agreement THIS AGREEMENT INCLUDES AN ARBITRATION PROVISION. YOU MAY REJECT THE ARBITRATION PROVISION IN ACCORDANCE WITH THE TERMS OF THE ARBITRATION SECTION BELOW. This Agreement governs the use of Your M&T Visa?? Credit Car…”
Checked & clear: Class-action waiver · Jury-trial waiver · Deferred interest · Change-anytime clause
Cardholder agreements
Filed with the CFPB in the 2026 Q1 bulk submission. Opens the original PDF.