Credit Cards

ATB Preferred Variable-Rate Mastercard®

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Low interest rates that change with ATB’s prime rate.

Variable interest

Access a lower interest rate whenever the prime rate drops—as low as prime +5% for purchases and prime +6% for cash advances.

Low annual fee

The ATB Preferred Variable-Rate Mastercard has a low annual fee of $29. Even if your interest rate changes, you never pay more for your card.

Personalize your plastic

Add a little fun and pizazz to your wallet! Choose from over a hundred images to add to your ATB Preferred Variable-Rate Mastercard using MyPic®.

Drive at a discount

Get up to 25% off car rentals at participating Avis® and Budget® locations when you pay with your ATB Preferred Variable-Rate Mastercard.1

Key product details

Annual fee $29
Purchase interest rate As low as prime +5%
Cash advance interest rate As low as prime +6%
Additional cards Free
MyPic® Free

Frequently Asked Questions

You're eligible to apply for an ATB Preferred Variable-Rate Mastercard if you meet all the following criteria:

  • are a resident of Alberta
  • are at least 18 years old
  • have not declared personal bankruptcy in the past five years
  • intend to use the card for personal use only

Yes. You can apply for this card with a co-applicant and use it jointly. Both co-applicants must meet the eligibility requirements.

The interest rate on your ATB Preferred Variable-Rate Mastercard can be as low as ATB Prime +5% for purchases and ATB Prime + 6% for cash advances. The "Variable" part of the rate is the ATB Prime Rate.

For example: if Prime is 2%, it means:
Purchase interest rate will be: 2% + 5% = 7%
Cash advance interest rate will be: 2% + 6% = 8%

Fixed means the interest rate is locked in, so you can confidently manage your budget. Variable interest rates change with ATB's prime rate, giving you access to a lower interest rate whenever the prime rate drops.

Use your ATB Preferred Variable-Rate Mastercard and quote AWD #C376000 (Avis) or BCD #A369800 (Budget), at participating locations. To reserve with Avis, visit or call 1-800-TRY-AVIS (879-2847). To reserve with Budget, visit or call 1-800-268-8900.

Ready to get started?

If you like the flexibility a variable interest rate card offers, then the ATB Variable-Rate Mastercard may be the credit card for you.

Find the right preferred Mastercard for you.

Need help?

Our Client Care team will be happy to assist.