Can I fund my Interactive Brokers account with my debit card?
- Yes. Interactive Brokers (IBKR) offers debit card deposits as a convenient way to fund your account. This service is processed through IBKR’s card acquirer and payment service provider.
- Debit Card deposits are not available to all clients at this time.
How do I deposit funds via debit card?
The deposit process works as follows:
- Log in to the Client Portal
- Select Transfer & Pay and then Transfer Funds menu options
- Select Deposit Funds followed by the desired Deposit Method
- Select 'Use a new deposit method' to view available methods.
- Select 'Debit Card Deposit' as your funding method and follow the instructions on the screen
What do I need to know before depositing?
Eligibility:
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- Debit Card deposits are available only to IBLLC and IBUK individual and joint account holders. You must use a debit card that is issued in your own name and linked to a GBP or USD denominated bank account. Credit cards are not accepted, and Debit Card deposits are not available for retirement accounts.
- Debit Card deposits are not available on IBKR Mobile and IBKR GlobalTrader.
Deposit and Withdrawal Limits
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- USD Debit Card deposit have a $1,000 limit for the first deposit, and a $10,000 annual limit.
- GBP deposits are subject to a £10,000 annual limit.
- Withdrawal holds: 3 business days for GBP debit card deposits; 120 calendar days for USD debit card deposits.
Supported Currencies
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- GBP and USD are the only supported currency for debit card deposits.
Are there any Fees?
- IBKR does not charge a fee for debit card deposits. Your bank may charge fees.