Apply for an IBKR Debit Mastercard Here

Integrated Cash Management

Spend with a Debit Card.
Simplify with Bill Pay.
Earn market interest and
extra income.

Interactive Brokers  Mastercard Debit Card with no foreign transaction fee

Integrated Cash Management that gives you the flexibility to...


  • Borrow against your account at 2.21% to 3.41% APR1, lower rates than credit cards, personal loans and home equity lines of credit.2
  • Earn interest of 1.41% APR on your idle balances and extra income by lending your fully paid shares.3
  • Spend and borrow directly against your account, with no monthly minimum payments and no late fees. Use the Interactive Brokers Debit Mastercard® anywhere Debit Mastercard is accepted around the world.
  • Simplify: Use online Bill Pay to pay almost any company or individual in the United States. Configure Bill Pay for one-time or recurring payments and schedule future payments.
At this time, the Interactive Brokers Debit Mastercard is only available to US residents with standalone or advisor/broker-managed individual and joint accounts. We expect to offer the card to residents of Canada and Europe during 2018.

Debit Card Features


  • Authorize transactions, pre-authorize large purchases and lock or unlock your card right from your phone with our IB Key two-factor security authentication.
  • Advisors and Brokers can request debit cards be sent to their clients.
  • Trustees who are also beneficiaries can enroll in the debit card program.
  • Android Pay, Apple Pay and Samsung Pay are available to clients using the Interactive Brokers Debit Mastercard. These mobile payment solutions let clients use a smartphone just as they would the debit card. Click an icon to download the app.
  • apple pay
    android pay
    samsung pay

Additional Debit Mastercard Benefits:


PEACE OF MIND

  • Zero Liability
  • Mastercard ID Theft Protection
  • Extended Warranty
  • Price Protection
  • Satisfaction Guarantee

PREFERENTIAL ACCESS

  • Priceless Offers & Experiences

TRAVEL

  • Mastercard Airport Concierge*
  • Mastercard Travel Services

MASTERCARD GLOBAL SERVICE

  • Emergency Card Replacement
  • Emergency Cash Advance
  • Lost/Stolen Card Reporting

For complete information visit mycardbenefits.com or call Mastercard at 1-800-MASTERCARD

*Cardholder fees may apply

Simplify with Bill Pay


  • Use Bill Pay to pay almost any company or individual in the United States.
  • Configure Bill Pay for one-time or recurring payments and schedule future payments.
  • Bill Pay is complimentary to account holders maintaining a daily NAV of at least $200,000. Others pay a fee of $1.00 per check or $0.50 per ACH transaction.
Interactive Brokers Debit Card Frequently Asked Questions

Get more info on our Frequently Asked Questions page Click Here

Calculate Your Approximate Interactive Brokers Spending Limit

For Your Assets Held at IBKR.

USD

$0

Enter values below in whole US dollars to see your approximate spending limit.

Cash value

Long Stock value

Short Stock value

Mutual Funds value

Treasury Securities

Total Portfolio Value

$0

Portfolio Margin accounts require $100,000 minimum balance. For non-Portfolio Margin accounts, choose the Reg-T margin rates button below.
To see your exact limit for your specific portfolio, open a Free Trial account. This will allow you to log into Trader Workstation (TWS), add the positions in your current portfolio, and view your current available margin.

Note: Mutual Funds must be fully-paid for a period of 30 days after purchase in order to be used as margin collateral.

The interest calculator is based on information that we believe to be accurate and correct, but neither Interactive Brokers LLC nor its affiliates warrant its accuracy or adequacy and it should not be relied upon as such. Neither IB nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this calculator.


Open an account today to apply for an Interactive Brokers Debit Mastercard.

Open an Account

Already a customer? Log into your IB Account Management to apply.

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At this time, the Interactive Brokers Debit Mastercard is only available to US residents with standalone or advisor/broker-managed individual and joint accounts. We expect to offer the card to residents of Canada and Europe during 2018.

SEC Rule 15c3-3 and Securities Investor Protection Corporation (SIPC):

  • Cash held in an IB securities account is subject to safeguarding under the SEC's Customer Protection Rule 15c3-3. IB goes beyond the regulatory requirements in safeguarding your cash.
  • In addition to IB's safeguards, the first $250,000 ($500,000 for joint accounts) in cash is covered by SIPC insurance.
Learn More

Insured Bank Deposit Sweep Program

By joining the Insured Bank Deposit Sweep Program, eligible IB clients can obtain up to $2,500,000 of FDIC insurance in addition to the existing $250,000 SIPC coverage for total coverage of $2,750,000. Clients continue earning the same competitive interest rates currently applied to cash held in IB accounts. IB sweeps each participating client's free credit balances daily to one or more banks, up to $246,500 per bank, allowing for the accrual of interest and keeping within the FDIC protected threshold. Cash balances above $2,750,000 remain subject to safeguarding under the SEC's Customer Protection Rule 15c3-3, backed by the firm's equity capital, which exceeds $6 billion.

Benefits

  • Competitive interest rate, same as for cash deposits in your IB account;
  • Convenience of having your IB account cash balance, FDIC-insured deposits and investments appear on one statement;
  • Excess cash above the program limit of $2,500,000 remains at IB and is protected under client protection regulations. Competitor programs often include a spill-over bank for excess funds, which are not FDIC-insured.

Who Is Eligible?

  • Individual accounts without a designated transfer-on-death beneficiary, and organizational accounts are eligible to participate in the program.
  • In the future IB may, at its discretion, add additional account types to the program.

How It Works

  • Eligible IB clients can enroll in the program by logging into their account and accessing "Insured Bank Deposit Sweep Program" under the account settings option. Activation generally takes place overnight.
  • When you join the Insured Bank Deposit Sweep Program, deposits are made on your behalf into interest-bearing accounts at one or more FDIC-insured banks within the program. If your program balance nears the FDIC limit at one of these banks, additional cash is deposited at the next bank on a list of approved banks, thereby ensuring clients don't exceed current limits. By using multiple banks versus a single bank, the program is able to provide up to $2,500,000 of FDIC insurance for your deposits.
  • Eligible cash balances consist of USD free credits, generally defined as cash in your IB account in excess of margin requirements and short stock value, above the first $250,000 reserved for SIPC coverage and up to the program limit of $2,500,000. We designed our proprietary sweep algorithm to seamlessly integrate with your IB account and optimize FDIC-insurance coverage without disrupting your regular trading activity. The daily sweep computation factors in your USD cash, account equity, margin requirements, short stock value, projected cash settlements, and initial $250,000 SIPC buffer to determine the maximum free credit excess to sweep.

FDIC Insurance

FDIC insurance limits apply to all of your eligible deposits at a bank. The FDIC insurance limit for all ownership categories in the Insured Bank Deposit Sweep Program is $250,000 per program bank. This is why it is important clients monitor the assets they have at all banks and opt out of banks on the Priority Bank List so they may ensure IB does not sweep otherwise eligible balances into that bank. If you have other deposits at one or more of our program banks, you may exclude any bank from holding your program balances so you do not exceed current FDIC limits. For more information about FDIC coverage and different FDIC-defined ownership categories, visit the FDIC website.


Learn more on our Frequently Asked Questions page.



Margin borrowing is only for sophisticated investors with high risk tolerance.
You may lose more than your initial investment.
  1. Annual Percentage Rate (APR) on USD margin loan balances as of 8/3/18. Interactive Brokers calculates the interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. For additional information on margin loan rates, see ibkr.com/interest.
  2. Supporting documentation for any claims and statistical information will be provided upon request. Rates obtained on 9/26/17 from Bankrate.com for Low Interest Credit Card regular APR, Average Personal Loan Rates by Credit Rating $10,000 Loan - 3 Year Term and Home Equity Loan Rates in Greenwich CT for $50,000.
  3. Credit interest rate as of 8/3/2018. USD credit interest is paid on balances over USD 10,000 in securities accounts with Net Asset Value exceeding USD 100,000. For more information, see ibkr.com/interest.
  4. According to Barron's Broker Survey 2017: How They Stack Up, March 20, 2017. For complete information, see ibkr.com/info.

Margin loan rates and credit interest rates are subject to change without prior notice.

BY USING THIS CARD YOU AGREE WITH THE TERMS AND CONDITIONS OF THE CARDHOLDER AGREEMENT INCLUDING THE ZERO LIABILITY REQUIREMENTS AND FEE SCHEDULE, IF ANY. This card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Mastercard International. "Metropolitan Commercial Bank" and "Metropolitan" are registered trademarks of Metropolitan Commercial Bank© 2014.

All interest and borrowing activity is through Interactive Brokers LLC. Please see your customer agreement with Interactive Brokers LLC for further details.

Card program marketed and administered by Interactive Brokers LLC, the Program Manager of the Interactive Brokers Debit Mastercard.