ATB Preferred® Variable-Rate Mastercard®
A low-fee, variable-rate credit card you can pay off at your own pace.
Variable interest
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®.
Key product details
| Limited time offer | Pay 0% interest for six months when you switch to an ATB Preferred Variable-Rate Mastercard and transfer your balance from any non-ATB credit card.1 |
| 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.
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.
Ready to get started?
You're not looking for one-size-fits-all solutions. Customize the ATB Preferred Variable-Rate Mastercard to fit the way you live your life.
On approved credit, conditions apply. Offer available on new ATB Financial Mastercard accounts only where the cardholder had no previous Mastercard with ATB Financial, 0% interest for 6 months applies only to the transferred balance; new charges will be charged the indicated interest rate. Interest accrues at the cash advance rate on the transferred balance from and including the date the transferred balance is posted to your ATB Financial Mastercard account, but ATB will waive the interest charges on the transferred balance for the first 6 monthly statement periods (approximately 6 months from account open date), provided the account remains in good standing. If the account is not in good standing for the entire 6 months, or the entire amount of the transferred balance is not paid by the first/next billing period after the 6 months has expired, then interest accrues at the cash advance rate on the transferred balance from (and including) the date the amount of the transfer is recorded on the Card Account until the entire transferred balance is paid in full. This offer is subject to change or withdrawal at any time and without notice. See Mastercard Terms and Conditions (PDF), page 2, Balance Transfer Promotional Annual Interest Rate.
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.