Types of ATB credit cards
ATB offers various types of credit cards to fit their clients' different needs and buyer styles.
Rewards credit cards. With ATB rewards credit cards, you can earn cash back or reward points on all your purchases. Redeem those rewards for cash, merchandise, car rentals, travel expenses, and more. Rewards credit cards from ATB feature a 19.99% interest rate on purchases and 22.99% — on cash advances. All rewards credit cards except ATB World Elite Mastercard® allow you to issue additional cards and personalize your plastic with MyPic at no cost.
Preferred credit cards. Preferred credit cards feature low annual fees and either a preferred fixed interest rate of 10.90% on both purchases and cash advances or a preferred variable rate fluctuating based on the ATB prime rate. Issuing additional cards is free. You can also personalize your plastic with MyPic at no cost.
Basic credit cards. For clients who don’t need lots of perks with their credit cards and don’t use this banking product often, there are basic credit cards at ATB. You can choose an option with a 19.99% interest rate on purchases and 22.99% — on cash advances. When putting up security to your credit card, your annual fee will be $49 for the major card and $25 for additional cards.
U.S. dollar credit cards. If you need a credit card to pay for your U.S. purchases in USD and avoid extra foreign exchange fees, ATB offers U.S. dollar credit cards. These cards feature a low annual fee of $19USD (waived if you have an ATB Advantage Account), a 19.99% interest rate on purchases, and 22.99% — cash advances.
Prepaid credit cards. If you prefer prepaid credit cards, consider an ATB Load & Go™ Prepaid Mastercard® from ATB. This option is great for those who want to stick to a budget, allowing you to spend the amount not exceeding what you’ve already deposited. Prepaid credit cards feature a $1.25 monthly fee and a maximum daily load amount of $10,000.
How to open an ATB credit card
You can apply for an ATB credit card either online or in person at your local branch.
An online application is available for those with an ATB account. If you don’t have one yet, you will need to register first before applying for a credit card.
Requirements
To apply for an ATB credit card, you must be a resident of Alberta of at least 18 years old. You must not have declared personal bankruptcy within the last five years. You must use the credit card of your choice for personal banking only.
When applying for a credit card with a co-applicant, make sure that both of you meet the eligibility requirements.
Applying for a credit card requires you to provide the following information and documents:
Your address
Your contact information
A photo ID — your driver’s license or passport
Your employment status
Your annual income
Your employer’s contact information
Your expenses, liabilities, and your accountant’s contact information (for self-employed applicants)
Assets you own
Pros and cons
Here are the definite pros of ATB credit cards:
A variety of options to fit the needs and spending habits of different clients
Easy credit card management through online and mobile banking
Mastercard Balance Protection available as an extra option
Free plastic card customization with MyPic
As for the cons, beware of the following:
Just like other products and services, ATB credit cards are available for Albertans only
When using a non-ATM ATM to perform operations with your credit card, fees will apply
Preferred credit cards, U.S. dollar credit cards, and an ATB Alberta Mastercard® - Secured credit card involve annual fees
How to make a payment
ATB Financial offers a range of ways to make a credit card payment:
Through your ATB online banking account
Through the ATB Personal app
At an ATB ATM
At your local ATB branch
By phone
To avoid fees for late payments, you can set up recurring payments through your ATB Personal online banking account.
