If you are an institution, click below to learn more about our offerings for RIAs, Hedge Funds, Compliance Officers and more.

Apply for an IBKR Debit Mastercard Here

Do More with the Interactive Brokers Prepaid Mastercard®

The IBKR Advantage

  • Borrow on demand at CAD 1.67% or less1, which is lower than credit cards, personal loans or home equity lines of credit.2
  • No monthly payments or late fees, with flexibility to pay back loans at your own pace.
  • Conveniently access your account funds wherever Prepaid Mastercard is accepted.
  • Use IBKR Mobile two-factor authentication to authorize transactions safely and securely.
  • Use with Android Pay, Apple Pay or Samsung Pay for contactless purchases.
Interactive Brokers Prepaid Mastercard
Low Borrowing Costs

Low Borrowing Costs

Automatically borrow against your account at CAD 1.67% or less1, which is lower than credit cards, personal loans or home equity lines of credit, without monthly minimum payments or late fees.2 There are no monthly minimum payments or late fees, 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 $1,000 per day.

Integrated with Your Account

Adding an Interactive Brokers Prepaid Mastercard to your account is quick and easy. It provides you with the convenience of accessing your account funds anywhere Prepaid Mastercard is accepted around the world and lets you spend or borrow directly against your account with no monthly minimum payments and no late fees.

In addition, advisors and brokers on the IBKR platform can request prepaid cards to be sent to their clients, and Trustees who are also beneficiaries who can enroll in the prepaid card program.

For more information about Interactive Brokers Prepaid Mastercard Fees click here.


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

  • Emergency Card Replacement
  • Lost/Stolen Card Reporting

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.


For IBKR clients:

Apply for a Prepaid Mastercard

Want to become an IBKR client?

Open an Account

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 as of 6/10/2021. 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.ca/interest.
  2. Rates obtained on 6/10/2021 from Bankrate.com for average HELOC rate, average personal loan rate and average credit card rate from creditcards.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.