No-Fee All-In Digital Account

Bank, borrow and save all in one account, with no monthly fees! Qualify for the line of credit portion (from $5,000-$50,000)1 and you can get this convenient account that makes everyday digital banking a breeze.

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Details

Overview

Tired of paying bank fees when you can’t remember the last time you went into a branch? You spoke. We listened. And we’ve created a no monthly fee digital account with a line of credit that makes banking work for you.

The “No-Fee” Part

  • - No monthly fee
  • - Unlimited digital transactions
  • - Free Interac e-Transfers
  • - No minimum balance required

No fees ever? Never say ever. Take a peek at the ‘Over Limit Fees’ details below to understand where you would be charged and where you wouldn’t.

The “All-In” Part
Along with free digital transactions for this chequing and savings account, you also:

  • - Get access to extra cash—with a $5,000–50,000 line of credit1 built right in.
  • - Make money by earning 0.25%2 on balances $1,000 and over.

To qualify for the account, you need to qualify for the line of credit first.

That means, along with doing a credit check, to apply for the account you’ll also need things like:

  • - Your income amount
  • - A list of your assets and liabilities (the stuff you own vs the stuff you owe)
  • - Rent or mortgage expenses

Note: If you ask for a larger amount on your line of credit, we may call you to confirm a few things like your home address and proof of your income.

Pricing

  • Interest Rate

    For the included line of credit, the interest rate is variable based on ATB's prime rate. See the current rate >

  • Interest earned
    Earn 0.25%2 on balances $1,000 and over
  • Monthly Fee
    $0
  • Over limit Fees
    • Transaction fee of $5.00 applies for each in-branch and call centre transaction that could have been done digitally, including deposits, withdrawals, bill payments, transfers, and account inquiries. Additional services and associated charges can be found in more detail below.
    • For telephone banking, all transactions are free except for manual bill payments ($1.25 each).
  • INTERAC e-Transfer
  • Global Transfers

    Transfer of $50–$999.99: $5.00
    Transfer of $1,000–$5,000: No fee
    Transfer to special countries: $15.00
    See all countries and fees >

  • ABM Fees
    • Free Automated Banking Machine (ABM) transactions at any ATB branch in Alberta.
    • Withdraw cash on our dime at any ABM when travelling outside Alberta but within Canada. We'll reimburse $4.50 per withdrawal for up to 2 transactions each month. The reimbursement has been designed to cover our standard fee of $1.50 per withdrawal at non-ATB ABMs as well as the typical fee you agree to pay when withdrawing money at a non-ATB ABM (this is typically $3.00 and can vary).
    • Travelling outside of Canada? Withdraw cash at any ABM in the Cirrus network for a fee of $5.00 per transaction (this does not include fees you may agree to pay when making the withdrawal at the non-ATB ABM).
  • Amount
    Borrow $5,000 to $50,0001 on the included line of credit.
  • Repayment
    Flexible. With the line of credit, repay what you can, when you can. The only required repayments are monthly interest charges when the line of credit is used.

Additional Information

  • Other features
    • Free access to ATB Online Banking
    • Free access to ATB Mobile Banking
  • Notes
    1. On approved credit. You need to meet our lending criteria, and some conditions and restrictions apply. While you may ask for a certain credit limit, ATB will set your limit depending on what we can approve for you. For more information and terms and conditions, call ATB at 1-844-642-7940 or consult the Little Book of Account Info and Little Book of Line of Credit Info below.
    2. 0.25% is an annual rate and is subject to change without notice.

Details

Overview

Tired of paying bank fees when you can’t remember the last time you went into a branch? You spoke. We listened. And we’ve created a no monthly fee digital account with a line of credit that makes banking work for you.

The “No-Fee” Part

  • - No monthly fee
  • - Unlimited digital transactions
  • - Free Interac e-Transfers
  • - No minimum balance required

No fees ever? Never say ever. Take a peek at the ‘Over Limit Fees’ details below to understand where you would be charged and where you wouldn’t.

The “All-In” Part
Along with free digital transactions for this chequing and savings account, you also:

  • - Get access to extra cash—with a $5,000–50,000 line of credit1 built right in.
  • - Make money by earning 0.25%2 on balances $1,000 and over.

To qualify for the account, you need to qualify for the line of credit first.

That means, along with doing a credit check, to apply for the account you’ll also need things like:

  • - Your income amount
  • - A list of your assets and liabilities (the stuff you own vs the stuff you owe)
  • - Rent or mortgage expenses

Note: If you ask for a larger amount on your line of credit, we may call you to confirm a few things like your home address and proof of your income.

Pricing

  • Interest Rate

    For the included line of credit, the interest rate is variable based on ATB's prime rate. See the current rate >

  • Interest earned
    Earn 0.25%2 on balances $1,000 and over
  • Monthly Fee
    $0
  • Over limit Fees
    • Transaction fee of $5.00 applies for each in-branch and call centre transaction that could have been done digitally, including deposits, withdrawals, bill payments, transfers, and account inquiries. Additional services and associated charges can be found in more detail below.
    • For telephone banking, all transactions are free except for manual bill payments ($1.25 each).
  • INTERAC e-Transfer
  • Global Transfers

    Transfer of $50–$999.99: $5.00
    Transfer of $1,000–$5,000: No fee
    Transfer to special countries: $15.00
    See all countries and fees >

  • ABM Fees
    • Free Automated Banking Machine (ABM) transactions at any ATB branch in Alberta.
    • Withdraw cash on our dime at any ABM when travelling outside Alberta but within Canada. We'll reimburse $4.50 per withdrawal for up to 2 transactions each month. The reimbursement has been designed to cover our standard fee of $1.50 per withdrawal at non-ATB ABMs as well as the typical fee you agree to pay when withdrawing money at a non-ATB ABM (this is typically $3.00 and can vary).
    • Travelling outside of Canada? Withdraw cash at any ABM in the Cirrus network for a fee of $5.00 per transaction (this does not include fees you may agree to pay when making the withdrawal at the non-ATB ABM).
  • Amount
    Borrow $5,000 to $50,0001 on the included line of credit.
  • Repayment
    Flexible. With the line of credit, repay what you can, when you can. The only required repayments are monthly interest charges when the line of credit is used.

Additional Information

  • Other features
    • Free access to ATB Online Banking
    • Free access to ATB Mobile Banking
  • Notes
    1. On approved credit. You need to meet our lending criteria, and some conditions and restrictions apply. While you may ask for a certain credit limit, ATB will set your limit depending on what we can approve for you. For more information and terms and conditions, call ATB at 1-844-642-7940 or consult the Little Book of Account Info and Little Book of Line of Credit Info below.
    2. 0.25% is an annual rate and is subject to change without notice.
  • Contact Us
  • 1-844-642-7940
  • Monday - Friday 9am - 6pm
  • Saturday 9am - 5pm

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  • Contact Us
  • 1-844-642-7940
  • Monday - Friday 9am - 6pm
  • Saturday 9am - 5pm