Alterna Bank Review

Alterna Bank was established in the year 1908 and it is a wholly owned subsidiary of Alterna Savings. It offers a full range of financial products and services. It is headquartered in Ottawa, Ontario.

Its Business line includes Personal and Business Banking and provides services like Personal loans, mortgages, RRSPs and investment options and much more.
To call Alterna Bank one can call at a toll free number that is 1.866.560.0120 and to visit its website one can call at www.alterna.ca

Credit cards offered by Alterna Bank are:

Platinum plus MasterCard : This Alterna Credit card charges a low annual percentage rate on purchases is 9.99% and annual percentage rate for cheque advances and balance transfers is 11.99%. This Alterna world point’s credit card also provides a promotional introductory interest rate on cheque and cash advances and balance transfers of 1.99 % for 6 months. And the Alterna Bank also provides grace period of 25 days for making repayment of the balances for purchases. One will earn 1 World Point for every $2 in net retail purchases made from this travel credit card. The card member will receive 1,000 bonus World Points upon making the first qualified purchase and would also collect 1,000 bonus World Points every year on renewing ones credit card. There is no limit specified to earn points, one can earn as much points as one wants.

Alterna Bank Travel Rewards Master Card : The annual interest rate charged for this Alterna Bank travel Master credit card is 18.99 % on purchases and 19.99 % on cash transactions. This travel reward credit card has an annual fee of $ 89. The over limit fee applicable for this credit card is $ 35. One can earn 1 point for each $1 in Net Retail Purchases done through this credit card. One will also collect 2,500 bonus points the first time when one uses this card. One will also collect 2500bonus points each year on renewing this Alterna Bank travel credit card. One can collect 100,000 point maximum per year and there is no expiration date on points. Points earned can be redeemed with more than 75 airlines and there is no blackout dates.

Alterna World Points Master Card No Fee Card : This Alterna Credit card charges a low annual percentage rate on purchases is 14.99% and annual percentage rate for cheque advances and balance transfers is 16.99 %. This Alterna world point’s credit card also provides a promotional introductory interest rate on cheque and cash advances and balance transfers of 1.99 % for 6 months. And the Alterna Bank also provides grace period of 25 days for making repayment of the balances for purchases. One will earn 1 World Point for every $2 in net retail purchases made from this travel credit card. The card member will receive 1,000 bonus World Points upon making the first qualified purchase and would also collect 1,000 bonus World Points every year on renewing ones credit card.