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.
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.
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.
For complete information visit mycardbenefits.com or call Mastercard at 1-800-MASTERCARD
*Cardholder fees may apply