A low-fee, variable-rate credit card you can pay off at your own pace.
Get a variable interest rate that floats with ATB's prime rate—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®.
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.
For this card, a preferred rate is a lower interest rate. A typical purchase interest rate on our standard ATB Mastercards is 19.9% where a preferred variable purchase interest rate can be as low as Prime +5%. While the +5% (or +6% for cash advances) is fixed, the variable position is Prime.
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%
Preferred variable rates can be slightly lower, but are subject to fluctuations with the prime interest rate. If consistency in your payments is important, a preferred fixed rate may be the better option.
Find the right preferred Mastercard for you.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Used under license.
MyPic is a registered trademark of ATB Financial.
ATB PREFERRED is a registered trademark of ATB Financial.