SEND TICKET TO CLIENT SERVICES
A client can request to disable interest earnings on positive settled cash balances in their Interactive Brokers account.
How to Request to Disable Interest:
- Contact IBKR Client Services through your Secure Message Center found in Client Portal.
- In the New Ticket please clearly state that you want to disable credit interest on your account(s). Provide the specific account number(s) for which you want to disable interest earnings.
- Confirmation that the change has been implemented will be posted to your ticket in the Secure Message Center. Please note that the processing time may vary.
What Happens After Disabling Interest:
- You will no longer receive credit interest on positive settled cash balances in your account.
- Any interest already credited or accrued cannot be reversed.
- Debit Interest will still be charged on any margin loans you hold.
- You will still be charged interest for holding long cash balances in currencies with negative Benchmark Rates.
Note
- For accounts with balances below $10,000, interest is not earned, so disabling interest is not necessary.
Additional Information
- The IBKR Pricing and Interest Rates webpage.
- The Margin Rates & Financing webpage.
- How do I send a web ticket to Client Services?