All-access saving. No risk. No fuss. No monthly fee.
Earn premium interest
Enjoy higher interest rates without the obligations. No minimum balance, but you'll earn even more on balances over $5,000.
Get unrestricted access
One free withdrawal a month at any ATB branch or automated banking machine (ABM). You'll pay for additional debits—but deposits and transfers to ATB accounts are free.
Save on fees
A high-interest savings account with no monthly fee. Every nickel you deposit goes to work for you, not into someone else's pocket.
Frequently Asked Questions
Yes, you can. The Springboard Savings Account can be a joint account.
- $5 each for in-branch withdrawals and transfers
- $5 each for cheques
- $5 each for electronic transactions (deposits are free)
- in addition to standing fees for Interac e-Transfer and Global Transfers
- includes ABM withdrawals (in addition to any over limit fees)
- Transactions conducted by telephone banking are free
This account is designed as a traditional savings account that allows you to work toward your goals and earn a competitive interest rate on the money you save. You can still perform transactions through this account, but you will have to pay extra. Consider opening a chequing account as well. That will save you from paying for every transaction.
Different interest rates are applied to each tier of the daily closing balance of the account--one tier being the portion of the balance below $5,000, and the other tier being the portion of the balance $5,000 and above. For example, a balance of $8,000 in a Springboard Savings Account would receive an interest rate of 0.10% on the first $4,999.99 and an interest rate of 1.05% on the remaining $3,000.01
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 non-ATB ABM outside Alberta, but within Canada, for a fee of $1.50 per withdrawal (this does not include fees you may agree to pay when making the withdrawal at the non-ATB ABM).
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
Interest is calculated on the daily account closing balance and paid monthly on the last business day of the month. Interest is paid in the same currency as the account. Interest rates are calculated on a per annum basis. Interest rates and balance tiers are subject to change at any time without advance notice.
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.
Springboard Savings is a registered trademark of ATB Financial.