Fee freedom for digital bankers.
Unlimited digital transactions
Get unlimited digital transactions, including free Interac e-Transfer®, for no monthly fee. No minimum balance required.
No monthly fees
Access to a free chequing account when you bank online or with our app. Plus, you’ll earn interest on a balance of $1,000 or more.
Key product details
|Interest earned||0.25% on balances $1,000 and over2|
|Line of Credit limit||$5,000 - $50,0001|
|Transactions||Unlimited digital transactions|
|Interac e-Transfer®||Unlimited, free|
|Interac e-Transfer Request Money||$1.50 each|
|Global Transfers|| $50 - $999.99: $5 CAD
$1,000 - $5,000: Free
Special countries: $15 CAD
|$5.00 each (plus fees for additional services & associated charges where applicable)|
How it works
Who says a chequing account can’t earn interest? Let your No-Fee All-In Digital Account® help you save big, by earning interest on a balance of $1,000 or more.
Whether you’re looking for the security of emergency funds, or needing to borrow for big purchases, the line of credit portion of the No-Fee All-In Digital Account® will be there when you need it.
Frequently Asked Questions
Along with a credit check, you'll need to provide:
- Your total income
- A list of your assets (the stuff you own) and liabilities (the stuff you owe)
- Your current rent or mortgage expenses
You must qualify for the line of credit in order to get the No-fee All-in Digital Account. You can look at a joint application to help qualify. Alternatively, check out the Unlimited Account, which offers some of the same benefits for a low monthly fee--or no monthly fee if you keep a minimum daily balance of $2,500 in the account throughout the month.
Make the minimum monthly interest payment on the line of credit or pay more—up to the entire balance. There's no deadline or a fixed term to repay the principal back.
This is a digital account, so if you choose to go in-branch or call our Client Care team for something you could have done digitally (like deposits, withdrawals, bill payments, transfers or checking your balance), either online or from an automated banking machine (ABM), there will be a $5 fee per transaction. For complete details, see Additional Services and Associated Charges (PDF). For telephone banking, all transactions are free except for manual bill payments ($1.25 each). In addition, if you use the line of credit, you will have to pay interest on any outstanding balance.
Yes. Once approved for the No-Fee All-In Digital Account®, you will receive an ATB Visa Debit card—allowing you to make online purchases with no additional fees.
For everyday in-branch transactions that you could not do online or through an ABM--such as withdrawing USD cash--you won't be charged. In-branch transactions that aren't part of routine banking for most people (such as bank drafts) will be charged a fee according the Additional Services and Associated Charges (PDF).
For the purposes of this account, an "in-branch" transaction is one you do at the teller, face-to-face, or over the phone with our Client Care team. In-branch transactions don't include withdrawals or deposits from ATB ABMs
Within Alberta, you pay regular fees at non-ATB ABMs. You should be notified of these fees and prompted to approve them before proceeding with the transaction.
Withdraw cash at any ABM outside Alberta, but within Canada, on our dime. We'll reimburse $4.50 per withdrawal for up to two withdrawals per month.
Traveling outside of Canada? Withdraw cash at any ABM on the Cirrus® network for a fee of $5 per withdrawal (this does not include fees you may agree to pay when making the withdrawal at the non-ATB ABM).We'll reimburse $8 for one withdrawal each month at ABMs in the US.3
Ready to get started?
Tired of paying monthly fees? Can't recall the last time you went into a bank? You spoke, we listened and created a hassle-free digital account—complete with a linked line of credit.
Find the right unlimited chequing account for you.
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. The approved interest rate is variable and based on ATB’s prime rate. For more information and terms and conditions, call us at 1-800-332-8383 or consult the Little Book of Personal Line of Credit Info (PDF).
Interest is calculated on the daily account closing balance and paid monthly on the last day of the month. Interest is paid in the same currency as the account. Interest rates are calculated on a per annum basis. Interest rates and balance tiers are subject to change at any time without advance notice.
ABM withdrawals are converted to Canadian dollars using an exchange rate 2.5% above the exchange rate set by Mastercard International Incorporated (which operates the Cirrus® ATM Network). Some transactions may take a few days to be processed. You’ll be charged the applicable exchange rate on the day your transaction goes through your account, not necessarily the rate on the day you made the transaction.
Interac e-Transfer is a registered trademark of Interac Inc. Used under license.
Cirrus is a registered trademark of Mastercard International Incorporated. Used under license.
No-Fee All-In Digital Account is a trademark of ATB Financial.