First Home Savings Account GIC

View Terms and Conditions

1. This means you or your spouse or common-law partner did not own a qualifying home that you lived in as a principal place of residence at any time in the year the account is opened or the preceding four calendar years.

2. There are currently no service fees or charges payable to ATB Financial for the operation of the Account or for conducting any transactions. However, fees may be payable to your Dealer. ATB Financial may impose fees in the future on the Account, but you will be provided with notice prior to fees being added or changed. You will be required to pay taxes on withdrawals not used for the purchase of your first home. Any such fees and any taxes, interest or penalties payable by you may be deducted from your funds in the Account.

3. Redeem your GIC at any time with no fees or penalties time into your FHSA Daily Interest Account. Note, you will be required to pay taxes on withdrawals from your FHSA Daily Interest Account not used for the purchase of your first home. Any such fees and any taxes, interest or penalties payable by you may be deducted from your funds in the Account.

4. Related documents: Little Book of FHSA (PDF)

5. ATB Wealth® (a registered trade name) consists of a range of financial services provided by ATB Financial and certain of its subsidiaries. ATB Investment Management Inc. and ATB Securities Inc. are individually licensed users of ATB Wealth. ATB Securities Inc. is a member of the Canadian Investor Protection Fund and the Canadian Investment Regulatory Organization.

   The information contained herein has been compiled or arrived at from sources believed to be reliable, but no representation or warranty, expressed or implied, is made as to their accuracy or completeness, and ATB Wealth (this includes all the above legal entities) does not accept any liability or responsibility whatsoever for any loss arising from any use of this document or its contents. This information is subject to change and ATB Wealth does not undertake to provide updated information should a change occur. This document may not be reproduced in whole or in part, or referred to in any manner whatsoever, nor may the information, opinions and conclusions contained in it be referred to without the prior consent of the appropriate legal entity using ATB Wealth. This document is being provided for information purposes only and is not intended to replace or serve as a substitute for professional advice, nor as an offer to sell or a solicitation of an offer to buy any investment. Professional legal and tax advice should always be obtained when dealing with legal and taxation issues as each individual’s situation is different.

6. The ATB Financial FY27 Registered Deposit Offer (the “Offer”) runs from October 19, 2026, to March 1, 2027 (the “Offer Period”). By participating in this Offer, eligible clients can earn a one-time cash bonus ranging from $100 to $10,000 depending on the cumulative net value of external funds transferred into eligible ATB Daily Interest (DI) registered accounts during the Offer Period, subject to the conditions outlined below. Transfer requests must be formally initiated through ATB (via an ATB team member) between October 19, 2026, and March 1, 2027, and received by ATB no later than March 31, 2027, to qualify. Clients transferring funds into DI registered accounts may also allocate or move those funds into an eligible Guaranteed Investment Certificate (GIC) while remaining eligible for the Cash Bonus. 

   Eligibility Criteria

   This Offer is open to Canadian residents who have reached the age of majority in Alberta and hold a new or existing eligible ATB Registered Daily Interest account. Eligible DI account types include Tax-Free Saver Account, Registered Retirement Savings Plan Daily Interest Account, First Home Savings Account and Locked In Retirement Account. RRSP Builder accounts are excluded from this Offer. This Offer is available exclusively to individual account holders; joint account ownership is strictly excluded for this Offer.

   To qualify for a Cash Bonus, clients must transfer a minimum cumulative net amount of $10,000 (across up to four eligible DI accounts) in registered funds from one or multiple external financial institutions into up to four (4) eligible ATB DI account types during the Offer Period. Qualifying funds may be transferred into any combination of eligible ATB registered account types (TFSA, RRSP, FHSA, LIRA), regardless of the registered account type held at the transferring financial institutions. Internal transfers from existing ATB Financial, ATB Wealth, or ATB Daily Interest accounts are strictly excluded. Clients are solely responsible for monitoring their personal CRA contribution and transfer limits across all registered plans. ATB Financial assumes no responsibility or liability for any tax penalties or excess contribution charges incurred. 

   Qualifying Bonus Tiers

   Cash bonuses are classified as a cash bonus (not interest income) and will not generate a T5 tax slip from ATB Financial. Bonuses are calculated based on the total cumulative net transfer-in amount aggregated across all eligible registered accounts per client during the qualification period:

   • $10,000 to $19,999.99: $100 Cash Bonus
   • $20,000 to $29,999.99: $200 Cash Bonus
   • $30,000 to $39,999.99: $300 Cash Bonus
   • $40,000 to $49,999.99: $400 Cash Bonus
   • $50,000 to $74,999.99: $500 Cash Bonus
   • $75,000 to $99,999.99: $750 Cash Bonus
   • $100,000 to $149,999.99: $1,000 Cash Bonus
   • $150,000 to $199,999.99: $1,500 Cash Bonus
   • $200,000 to $349,999.99: $2,000 Cash Bonus
   • $350,000 to $499,999.99: $3,500 Cash Bonus
   • $500,000 to $749,999.99: $5,000 Cash Bonus
   • $750,000 to $999,999.99: $7,500 Cash Bonus
   • $1,000,000 or more: $10,000 Cash Bonus

   Active Chequing Account Banking Requirements

   To receive the Cash Bonus payout, qualifying clients must open or maintain any active ATB chequing account in good standing at the time of bonus distribution. Payouts will only be deposited into the following eligible chequing account types: ATB Advantage, Unlimited, Basic, Generation and No-Fee All-In Digital accounts.

   Retention & Hold Period

   All external funds transferred in to qualify for this Offer must remain in the eligible registered account(s) until February 29, 2028. The final Cash Bonus amount will be calculated based on the net cumulative value of eligible transferred funds remaining in the account through February 29, 2028 (total qualifying external transfers-in minus any withdrawals or external transfers-out made during the offer and retention period). If withdrawals reduce the cumulative net amount below $10,000, the client will be disqualified from receiving a Cash Bonus. 

   Transfer Fee Reimbursement Policy

   ATB Financial will provide a flat $150 reimbursement per client for external transfer-out fees incurred at another financial institution on qualifying account transfers valued at $10,000 CAD or greater initiated during the Offer Period. Eligible transfers will be tracked and qualified.   

   Payout & General Terms

   The Cash Bonus and any applicable $150 transfer fee reimbursement will be combined and will be credited directly to the client's active ATB chequing account as a single, one-time lump-sum payment between March 1, 2028, and March 31, 2028. Early payouts will not be issued prior to this set period. Limit of one (1) Cash Bonus payout per client, provided all qualification criteria conditions are met. Offer cannot be combined with any other promotional deposit or transfer offers unless explicitly authorized by ATB Financial. ATB Financial reserves the right, in its sole discretion, to cancel, terminate, modify, extend, or suspend this Offer, or amend these Terms & Conditions, in whole or in part, at any time without prior notice.