We’re making some changes to our everyday banking packages

Here are the highlights.

Fees for safe deposit boxes & paper statements

There will be changes to associated deposit account charges, including increases for safe deposit boxes, and a new fee for paper statements.

We’re lowering other fees to help you save

We are reducing the interest rate for overdraft protection as well as the fee for non-sufficient funds (NSF). Learn about more ways to save.

We continue to provide affordable banking

While we’re increasing fees on some of our chequing accounts, we’re also maintaining no monthly fees for clients 25 and under and over 59, and a low-transactional, basic banking plan.

These changes will come into effect August 1, 2024.

ATB Advantage Account

Fee Current Change effective August 1, 2024
Monthly account fee $21.95 $24.95
Monthly waiver fee1 $5,000 $6,000

This account is eligible for a Safe Deposit Box discount of $12.00.

Unlimited Account

Fee Current Change effective August 1, 2024
Monthly account fee $9.95 $15.95
Monthly waiver fee1 $2,500 $4,000

Generation Account™

Account terms Current Change
Maximum age for free banking 19 years old or younger 25 years of age and under effective June 1, 2024
Interest paid on savings 0.10% 0% effective August 1, 2024

Students First Account

Account terms Current Change
Account availability No age maximum. Proof of student enrollment required every 2 years. This account will no longer be offered2. Albertans 25 years of age and under, regardless of their student status, will now be offered free banking through a Generation Account.

No-Fee All-In Digital Account®

Details Current Change effective August 1, 2024
Interest paid on savings 0.05% 0%

Pay As You Go Account

Fee Current Change effective August 1, 2024
Bill payment fee $1.25 $2.00
Fee for withdrawals and transfers made in-branch, at ABMs, through Client Care or telephone banking $1.15 $1.75

Basic Account

Fee Current Change effective August 1, 2024
Fee for withdrawals and transfers made in-branch, at ABMs, through Client Care or telephone banking $1.00 $1.25

Additional Services and Associated Desposit Account Charges

Applied to all deposit accounts

Fee Current Change effective August 1, 2024
Overdraft protection fee (item handling fee) $5.00 $3.50
NSF: cheque or other debit item (mortgage payment, e-transfers, USD Cheques) $45.00 $38.00
Overdraft interest (retail product only) 19.25% 17.25%
Paper statement monthly fee - single account (e-statements are free) Free $2.00
Paper statement monthly fee - consolidated account (e-statements are free) Free $3.00
Cheques written in other currencies $15.00 $20.00
Online stop payments for cheques and EFTs $12.00 $12.50
In-branch stop payments for cheques and EFTs $12.00 $20.00
ABM Network Fees (Non-ATB ABM withdrawal) $1.50 $2.00
Unclaimed Account 2 years (2nd notice) No fee $20.00
Registered plan transfers to other financial institution $50.00 $100.00
External transfers to other FIs through branch No fee $5.00

Safe Deposit Boxes

Safe Desposit Box size Current Change effective August 1, 2024
1.5 x 5 x 24 $40.00 $55.00
2.5 x 5 x 24 $60.00 $75.00
2.5 x 10 x 24 $75.00 $90.00
5 x 5 x 24 $90.00 $135.00
5 x 10 x 24 $160.00 $235.00
10 x 10 x 24 $275.00 $350.00
Steel chest $300.00 $375.00

Ways to Save

Are you in the right account?

This is a great opportunity to make sure your current account is the right one for what you need today. We can help.

Frequently Asked Questions

ATB has not increased our personal banking fees since 2015. These upcoming changes were a necessary decision. However, even following these changes, our monthly account fees will remain some of the lowest cost options when compared with other financial institutions. We use the revenue generated from bank fees to invest back into our presence across Alberta and our client tools, technology and service, allowing us to continue supporting our communities and delivering the expertise you expect from us.

We’re here to help if you want to review your banking plan to make sure it fits your needs and your budget. Book an appointment or reach out to your ATB branch.

Learn about some of the ways you can save and optimize your banking package.

If you are an existing Freedom Account holder, your monthly fees will not change. However, you may see some changes in associated fees.

The new fees will come into effect on August 1, 2024. These changes will be reflected on your following monthly statement, or in your transaction history on ATB Personal.

You can save on fees and help the environment by switching to e-statements. Visit your local branch to change your statement preference.

We are no longer offering our Students First Account and instead, offering free banking to anyone 25 years of age and younger through our Generation Account. If you are currently in a Students First Account, and 25 years of age and under, you will be transitioned into a Generation Account. If you are 26 or older, please connect with us to explore which account is best for you and your needs.

The account type is displayed on ATB Personal (web) but not within the mobile experience. You can also refer to your bank statement or contact your branch.

The fee changes for safe deposit boxes will be applied on a go-forward basis. So, the increase will be charged on your next annual payment date and is not prorated.

If you are an existing Springboard Saving Account holder, your monthly fees will not change. However, you may see some changes in associated fees.

Tell us what’s on your mind

Fill out the form below to submit your feedback about our upcoming changes to everyday banking packages.

Why choose ATB?

Meeting our clients where they need us

We deliver great client experience through our ATB locations, Client Care & digital banking.

Digital banking

We continue to enhance our ABMs & develop digital tools that matter to our clients.

Fraud awareness & prevention

We provide best-in-class cyber security insights to our clients to help combat fraud threats.

Get expert advice & added value

Book a one-on-one conversation to talk about the right banking package for you.

Alberta's bank in the community

In 2023, ATB contributed $1.4B to Alberta & $2.7M to worthy causes.

Need help?

Our Client Care team will be happy to assist.