New cardmembers can earn 40,000 ATB My Rewards points plus first-year annual fee waiver, worth roughly $320, by completing the steps below.
How to earn it
40,000 ATB My Rewards points ($200 value)Make your first eligible purchase using the card after approval
First-year annual fee waiver ($120 value)Open a new ATB World Elite Mastercard account
Offer available on new ATB World Elite Mastercard accounts where the cardholder had no previous ATB World Elite Mastercard.
How you earn
8 points per $1 spent on eligible airline purchases
8 points per $1 spent on eligible hotel and motel purchases
8 points per $1 spent on eligible car rental purchases
6 points per $1 spent on eligible grocery purchases
6 points per $1 spent on eligible gas purchases
6 points per $1 spent on eligible digital streaming services and subscriptions
6 points per $1 spent on eligible entertainment purchases
2 points per $1 spent on all other eligible purchases
Built-in perks & coverage
Mastercard Travel Pass by DragonPass
Receive complimentary membership in Mastercard Travel Pass provided by DragonPass, giving access to more than 1,300 airport lounges worldwide as well as select airport dining and spa offers.
Complimentary Airport Lounge Visits
Primary cardholders receive 4 complimentary airport lounge visits each calendar year through Mastercard Travel Pass. If the account has a joint cardholder, each cardholder receives their own set of visits.
Travel Emergency Medical Insurance
The card includes emergency medical coverage for eligible travellers during covered trips, helping protect against unexpected medical expenses while travelling.
Trip Cancellation Insurance
Provides coverage for eligible prepaid travel expenses when a covered event forces the cancellation of a trip before departure.
Trip Interruption and Trip Delay Insurance
Provides protection for covered travel disruptions, helping reimburse eligible expenses when a trip is interrupted or delayed.
Flight Delay Insurance
Provides reimbursement for eligible expenses when a covered flight is delayed, helping offset costs incurred during the delay period.
Delayed and Lost Luggage Insurance
Provides coverage for essential purchases when baggage is delayed and protection for covered losses involving lost luggage during eligible travel.
Mobile Device Insurance
Eligible mobile devices purchased with the card are protected against covered loss, theft, accidental damage, and mechanical breakdown, subject to policy terms and coverage limits.
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Event Ticket Protection
Provides protection for eligible event tickets purchased with the card against covered losses and unforeseen circumstances.
Purchase Assurance
Eligible purchases are protected against accidental damage, loss, or theft for up to 90 days from the purchase date.
Extended Warranty Protection
Doubles the original manufacturer's warranty on eligible purchases for up to one additional year beyond the original warranty period.
Price Protection Service
Eligible purchases may qualify for reimbursement when the same item is found at a lower advertised price within the eligible protection period.
Rental Car Collision Damage Waiver Coverage
Provides collision damage waiver protection on eligible rental vehicles when the full rental cost is charged to the card.
Rental Car Personal Effects Coverage
Provides protection for personal belongings carried in an eligible rental vehicle during a covered rental period.
Travel Accident Insurance
Includes common carrier and rental vehicle accidental death and dismemberment coverage for eligible travellers.
Hotel and Motel Burglary Insurance
Provides coverage for covered losses resulting from burglary of personal property while staying at an eligible hotel or motel.
24/7 Travel Assistance Services
Access emergency travel assistance services, including help with lost documents, lost luggage, legal referrals, and other travel-related emergencies.
Avis and Budget Rental Discounts
Receive up to 25% off eligible rentals at participating Avis and Budget locations when paying with the card.
Annual Fee Waiver with ATB Advantage Account
The annual fee can be waived for eligible cardholders who maintain a qualifying ATB Advantage Account.
The verdict
What we like
High rewards earning rates on travel, groceries, gas, entertainment, and digital streaming purchases
Extensive insurance coverage including travel medical, trip cancellation, trip interruption, flight delay, luggage, mobile device, event ticket, rental car, and purchase protection benefits
Complimentary airport lounge access through Mastercard Travel Pass by DragonPass with 4 lounge visits annually for each primary cardholder
First-year annual fee waiver provides immediate value for new cardholders
Premium travel perks including access to more than 1,300 airport lounges worldwide and select airport dining and spa offers
Annual fee can be waived on an ongoing basis for eligible ATB Advantage Account holders
Worth noting
ATB My Rewards points generally provide lower redemption value than leading airline and transferable points programs
Only available to Alberta residents, limiting eligibility for applicants in other provinces and territories
High eligibility requirements, requiring either $80,000 personal income, $150,000 household income, or $400,000 in assets under management
Additional cardholders are subject to an annual fee
Foreign currency purchases incur a 2.5% foreign exchange fee
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