Apply for an IBKR Debit Mastercard Here

Use the IBKR Prepaid Mastercard® to Simplify Your Financial Life

The IBKR Advantage

  • Put your brokerage account assets to work for more than just investing. Use the Interactive Brokers Prepaid Mastercard® wherever Prepaid Mastercard® is accepted around the world.
  • If needed, you can borrow on demand against your brokerage account assets at CAD 6.382% or less1, which is lower than bank loans, credit cards, or home equity lines of credit.2
  • No monthly payments or late fees, with flexibility to pay back loans at your own pace.
  • Use IBKR Mobile two-factor authentication to authorize transactions safely and securely.
Interactive Brokers Prepaid Mastercard

Use Your Brokerage
Account for More

As an IBKR client, you can invest globally in stocks, options, futures, currencies, bonds and funds, access more on 150 global markets from a single unified platform, fund your account in multiple currencies and trade assets denominated in multiple currencies.

The Interactive Brokers Prepaid Mastercard lets you use your brokerage account assets to make purchases wherever the Prepaid Mastercard is accepted around the world. Clients with an individual account and trustees (who are also beneficiaries) are eligible for the program. In addition, advisors and brokers on the IBKR platform can offer the Interactive Brokers Prepaid Mastercard to their clients.

Use Your Brokerage Account for More
Low Borrowing Costs

Borrow Against Your Account with Low Borrowing Costs

With the Interactive Brokers Prepaid Mastercard, you can automatically borrow against your account at CAD 6.382% or less1, which is lower than bank loans, credit cards, home equity lines of credit. There are no monthly minimum payments or late fees2, so you have the flexibility to pay back loans at your own pace. In addition, you can use the Prepaid Mastercard at ATMs to withdraw a maximum of CAD 1,000 per day.

Learn More

Safety and Security

Our IBKR Mobile app uses two-factor authentication to provide added safety and security to the Prepaid Mastercard. Use the app to authorize transactions, pre-authorize large purchases and lock or unlock your card.

Additional Prepaid Mastercard Benefits:


PEACE OF MIND

  • Zero Liability
  • Mastercard ID Theft Protection
  • Extended Warranty

PREFERENTIAL ACCESS

  • Priceless Offers & Experiences

MASTERCARD GLOBAL SERVICE

  • Lost/Stolen Card Reporting
  • Emergency Card Replacement

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

*Cardholder fees may apply

Have a question? Browse our FAQs.
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 Canada nor its affiliates warrant its accuracy or adequacy and it should not be relied upon as such. Neither Interactive Brokers nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this calculator.


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Margin borrowing is only for experienced investors with high risk tolerance.
You may lose more than your initial investment.
  1. Annual Percentage Rate (APR) on CAD margin loan balances. Actual benchmark rates vary. 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, click here.
  2. Rates obtained on July 29, 2022 from Rates.ca for average HELOC rate. Average personal loan rate from bankrate.com and average credit card rate from bank creditcard.com.

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

BY USING THE INTERACTIVE BROKERS PREPAID MASTERCARD YOU AGREE WITH THE TERMS AND CONDITIONS OF THE CARDHOLDER AGREEMENT AND FEE SCHEDULE, IF ANY. This card is issued by Peoples Trust Company under licence from Mastercard International. Cette carte est émise par la Compagnie de Fiducie Peoples sous licence de Mastercard International.

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

Card program marketed and administered by Interactive Brokers Canada, the Program Manager of the Interactive Brokers Prepaid Mastercard.


Interactive Brokers Canada Inc. is a member of the Canadian Investment Regulatory Organization (CIRO) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the CIRO AdvisorReport. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Interactive Brokers Canada Inc. is an order execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives. Our registered office is located at 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada.


Know Your Advisor: View the CIRO AdvisorReport