ATB Alberta Businesscard Mastercard

No rewards programme.

Prime + 2% is the lowest published starting rate in this entire segment. Materially cheaper than any fixed-rate credit union card if you carry a balance. Insurance: car rental collision damage waiver up to 31 days; car rental accidental death & dismemberment up to $150,000; common carrier accidental death & dismemberment up to $200,000; hotel/motel burglary up to $1,000; purchase assurance 90 days and extended warranty doubling the manufacturer's warranty up to 1 year; travel assistance services. NO travel medical insurance. Minimum payment 3% monthly. Qualification documentation differs by business stage: new businesses supply personal and financial information; established businesses supply financial statements plus ownership details. PROVINCE: Alberta only. In-branch application. Annual fee: $65 for credit limits up to $50,000; $130 for limits over $50,000. Free employee cards: 0. Every supplemental card is $35 per year. The issuer publishes a formula rather than a purchase rate: "Custom rate as low as Prime + 2%". We leave the rate field empty rather than publish arithmetic the issuer never published. The annual fee DOUBLES to $130 once your credit limit exceeds $50,000. A fee that scales with your limit rather than your usage. 'As low as Prime + 2%' is a personalised rate; the rate you are actually offered is not published and ATB's rate table does not list this card. Variable prime-linked rate, so the cost rises with Bank of Canada moves. No rewards at all. Every employee card costs $35. 2.9% foreign currency conversion fee. Alberta only; in-branch application.