Credit Cards

ATB Preferred Variable-Rate Mastercard®

Apply now

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.

Chat now
ATB Virtual Assistant
The ATB Virtual Assistant doesn't support landscape mode. Please tilt your device vertically to portrait mode.