Only pay for what you use.
Get what you want
You know exactly what you want and how to get it. If you do four or fewer debit transactions a month, this is the account for you.
Use less for less
Your banking needs are modest. Your banking fees should be too. Pay for each transaction, up to a maximum of $25 in transaction fees each month.
Key product details
Frequently Asked Questions
Only outgoing transactions—such as bill payments, withdrawals and outgoing transfers—will be charged. This applies to transactions done through an ATB automated banking machine (ABM), calls to Client Care or through telephone banking or our digital platforms. Deposits and incoming transfers are free of charge.
The $25 monthly fee cap applies to the following transactions:
- $1.25 each for bill payments
- $1.15 each for in-branch withdrawals and transfers
- $2.40 each for in-branch bill payments
- $1.15 each for cheques
- $1.15 each for other electronic withdrawals and transfers
Calls to Client Care are considered as manual transactions, and the same charges as in-branch transactions apply. ABM and telephone banking transactions are considered as electronic transactions. Transactions via non-ATB ABMs will be charged an additional fee. For details, see Additional Services and Associated Charges.
After you've applied and been approved for overdraft protection, you won't pay for it unless you decide to use it. If Overdraft Protection is used, there is a minimum charge of $4 or interest, whichever is greater. Interest is calculated daily on the daily closing overdrawn balance at 19.25% per annum, charged and payable monthly.1
Overdraft Protection is only available by application and on approved credit.
Yes, you can. The Pay As You Go Account can also work as a joint account.
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.
Travelling 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).2
On approved credit. You pay the greater of $4.00 or monthly interest only if overdraft protection is used. Interest is calculated daily on the daily closing overdrawn balance at 19.25% per annum, charged and payable monthly.
For the ATB Advantage Account, you pay only monthly interest if overdraft protection is used.
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.
ATB Online is a registered trademark of ATB Financial.