Free Banking for 2020 Startups
No-fee banking services for new businesses.
Take the first step
If you registered or incorporated a business in 2020, get a Go 5 Business, Flex Fit Business or Unlimited Business account free for a year.
Get PAYD
The PAYD system makes it easy to accept credit card payments on your smartphone or tablet. Get a merchant mobile device with no setup fee.
Take a little credit
Pay no annual fee on an Alberta Rewards Businesscard for a year. Enjoy flexible credit, reward points, and a low minimum payment.*
Key product details
| Monthly fee | $01 |
| Interac e-Transfer® | Unlimited, free |
| Direct deposits (One-off disbursements) | First 5 per month, free |
| Alberta Rewards Businesscard | No annual fee for one year.* |
| Online fee statements | Free |
| PAYD Merchant device | No set up fee2 |
Frequently Asked Questions
With this package, you'll have free access to ATB Business online banking, the ATB Business mobile app and online fee statements.
Absolutely. As long as you registered or incorporated your business in 2020, you get a full year from the day you open your Go 5 Business, Flex Fit Business or Unlimited Business operating account with no monthly or annual fees.
You won't pay the setup cost, but there's a 2.65% fee for each transaction.
Overdraft and Non-Sufficient Funds (NSF) fees apply to the accounts and services included as part of this package. Cheques are available for an additional cost. If you get the Alberta Rewards Businesscard®, you're responsible for any interest or other fees that are outlined in the Rate and Fee Schedule you'll receive in your application package.
When our business banking professionals reach out to finalize your offer, we'll discuss setting up a few of the products that need a bit more information, like direct deposit.
Ready to get started?
We want to make your first year in business as rewarding as possible with free banking for your 2020 startup.
Find the right operating account for your business.
Monthly fees waived for the first year and offer only valid if your Alberta business was registered or incorporated in 2020 and not tied to an existing business. Regular fees revert on the 13th month from account opening. Contact us prior to the end of the first year to determine if your current account is the best fit for your business needs. For more information, see Go 5 Business Account, Flex Fit Business Account and Unlimited Business Account. The offer doesn't include non-sufficient funds (NSF) fees, over-the-counter wires, cheque ordering, Forex, loan interest, Mastercard® interest, cash/coin limit overages, PAYD Pro device, usage and interest charges or additional sundry charges.
Offer does not include the PAYD Pro device.
*Account holders must go through a credit application process to qualify for the Mastercard.
Offer subject to change at the discretion of ATB.
This product is for Business & Agriculture clients only.
Interac e-Transfer is a registered trademark of Interac Inc. Used under license.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Used under license.