ATB Springboard Savings® Account

2.45/5 our rating

Open account

Opens ATB's website

Interest rate: Up to 0.7%
Monthly fee: $0

Overview

A no-fee ATB savings account that pays interest on every dollar, with a better rate once your balance passes $5,000 and again at $250,000. It's an easy place to keep savings next to your ATB chequing. The rates are low compared with online savings accounts, so you're choosing it for convenience more than growth.

Interest rates

$0.00 to $4,999.99
0.2%
$5,000 to $249,999
0.5%
$250,000 and up
0.7%

Fees

Account fees

Monthly fee

eStatement

Included

Highlights

Earn a better interest rate the more you save
No minimum balance requirement
No cost deposits and free transfers to/from your ATB accounts
One free withdrawal per month ($5 fee thereafter)
$1.50 per Interac e-Transfer

Legal

1. Interest is calculated on the daily account closing balance and paid monthly on the last 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 specific to each account type and are subject to change at any time without advance notice.

2. 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.

Interest rates are subject to change at any time without advance notice.

Interac e-Transfer is a registered Trademark of Interac Corp. Used under license.

Cirrus is a registered trademark of Mastercard International Incorporated. Used under license.

Springboard Savings is a registered trademark of ATB Financial.