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Alberta Security Deposit Calculator

Calculate interest owed on rental security deposits using official Alberta rates. Download a PDF report for your records.

Deposit Details

$

Max deposit is one month's rent in Alberta

Year-by-Year Breakdown

20250.50% rate — 263 days
$4.32
20260.00% rate — 102 days
$0.00
Total (365 days)
$4.32

Deposit Return Summary

Original deposit
$1,200.00
Interest owed
+$4.32
Total to return to tenant
$1,204.32

Historical Interest Rates

YearRate
20260.00%
20250.50%
20241.60%
20230.00%
20220.00%
20210.00%
20200.00%
20190.00%
20180.00%
20170.00%
20160.00%
20150.00%
20140.00%
20130.00%
20120.00%
20110.00%
20100.00%
20090.00%
20081.26%
20071.68%
20061.71%
20051.01%
20040.42%

Source: alberta.ca — Rate = ATB Financial cashable 1-year GIC rate (Nov 1 prior year) minus 3%.

Alberta Security Deposit Rules

Under the Residential Tenancies Act, Alberta landlords can collect a maximum security deposit of one month's rent. Interest must be paid at the rate set annually by the Alberta government.

When is interest paid?

Interest is paid annually on the tenancy anniversary, or when the deposit is returned. The interest is simple — calculated on the original deposit only.

Deposit return timeline

Landlords must return the deposit (plus interest) within 10 days of move-out, unless deductions are claimed. If deductions are claimed, a written statement is required within 10 days and the balance within 30 days.

Source: alberta.ca/annual-security-deposit-interest-rate. Updated for 2026.

Amount to Return

Original deposit
$1,200.00
Interest owed
$4.32
Total to return
$1,204.32

Landlord obligations

Under Alberta's Residential Tenancies Act, landlords must pay interest on security deposits annually or when the deposit is returned. The deposit must be returned within 10 days of move-out.