Interest Rates

IBKR Interest Rates

Interactive Brokers Clients Earn
Up to USD 4.83% on Their
Instantly Available Cash Balances1

Interest Rates

IBKR pays USD 4.83% interest on instantly available cash over USD 10,000. Accounts with less than USD 100,000 of total value are paid proportionally less.

How Much Interest is
Your Broker Paying You?

USD Interest Rate Comparison

Broker Interest Rate
Bank of America 0.04%
Citi 0.07%
E-Trade 0.01%
Interactive Brokers *
JP Morgan 0.02%
Schwab 0.45%
Wells Fargo 1.00%

Rates as of February 2, 2024. * Positive settled cash balances held in the securities segment of accounts with NAV>100k earn the stated interest rate and those with NAV<100k earn a proportional rate.

Interactive Brokers LLC is a U.S. Broker/Dealer and not a Bank, as such Interactive Brokers’ accounts are not eligible for FDIC coverage, but are insured through SIPC. For additional information about SIPC coverage please visit www.sipc.org. Bank interest rates shown are based on USD 100k deposit and customers being located in Greenwich, CT. Bank interest rates may vary depending on location of customers.

Global Interest Rates

BM = IBKR Benchmark Rate. For more information, see IBKR Benchmark Rates.

Currency Tier Rate Paid
USD 0 ≤ 10,000 0%
> 10,000 4.830% (BM - 0.5%)
AED 0 ≤ 35,000 0%
> 35,000 4.484% (BM - 0.75%)
AUD 0 ≤ 15,000 0%
15,000 ≤ 150,000 3.774% (BM - 0.5%)
> 150,000 4.024% (BM - 0.25%)
CAD 0 ≤ 13,000 0%
> 13,000 4.382% (BM - 0.5%)
CHF 0 ≤ 10,000 0%
> 10,000 0.991% (BM - 0.5%)
CNH 0 ≤ 70,000 0%
> 70,000 0.50%
CZK 0 ≤ 250,000 0%
> 250,000 4.064% (BM - 2%)
DKK 0 ≤ 75,000 0%
> 75,000 2.987% (BM - 0.5%)
EUR 0 ≤ 10,000 0%
> 10,000 3.400% (BM - 0.5%)
GBP 0 ≤ 8,000 0%
> 8,000 4.677% (BM - 0.5%)
HKD 0 ≤ 78,000 0%
> 78,000 3.384% (BM - 0.75%)
HUF 0 ≤ 3,500,000 0%
> 3,500,000 6.799% (BM - 3%)
ILS All 0%
INR All 0%
JPY 0 ≤ 5,000,000 0%
> 5,000,000 -0.538% (BM - 0.25%)
KRW 0 ≤ 12,000,000 0%
> 12,000,000 2.000% (BM - 1.5%)
MXN 0 ≤ 200,000 0%
> 200,000 7.345% (BM - 4%)
NOK 0 ≤ 100,000 0%
> 100,000 2.403% (BM - 2%)
NZD 0 ≤ 15,000 0%
> 15,000 2.701% (BM - 2.5%)
PLN 0 ≤ 400,000 0%
> 400,000 3.693% (BM - 2%)
SAR 0 ≤ 35,000 0%
> 35,000 5.003% (BM - 0.75%)
SEK 0 ≤ 110,000 0%
> 110,000 3.299% (BM - 0.5%)
SGD 0 ≤ 14,000 0%
> 14,000 2.767% (BM - 1%)
TRY 0 ≤ 250,000 0%
> 250,000 5%
ZAR 0 ≤ 150,000 0%
> 150,000 7.408% (BM - 1%)

Negative Rates: For balances held in JPY, IBKR may apply an effective negative rate to long balances held. The negative rate applied to accounts holding this currency is the same regardless of account size. For other currencies in which the effective rate is less than zero, the interest paid is 0%

Interest Rate Calculator

Estimate Interest Paid on Positive (Cash) Balances
Enter Cash Balance
Enter Net Asset Value


Examples:

NAV = USD 1,000,000
Cash (USD) Interest Rate Interest Paid Blended Rate
Up to Tier Cutoff 10,000 0.00% 0
Above the Tier Cutoff 990,000 4.83%
Total 1,000,000
 
Blended Rate 1,000,000
NAV = USD 300,000
Cash (USD) Interest Rate Interest Paid Blended Rate
Up to Tier Cutoff 10,000 0.00% 0
Above the Tier Cutoff 290,000 4.83%
Total 300,000
 
Blended Rate 300,000

Disclosures

  1. Accounts with a Net Asset Value (NAV) of USD 100,000 (or equivalent) or greater are paid interest at the full rate. Accounts with a NAV lower than USD 100,000 (or equivalent) receive interest payments at rates proportional to the account size, and no interest is paid on the first USD 10,000 of cash in the account.

  • IBKR may change these rates at any time, in its sole discretion. We will publish the current rates on a best-efforts basis.

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