Borrow against your account from CAD 5.369% to 6.369%,1 which is lower than average rates on home equity lines of credit (HELOCs), personal loans, or credit cards.2
Plus, there are no monthly minimum payments or late fees, so you have the flexibility to pay back loans at your own pace.
Use the Interactive Brokers Prepaid Mastercard® to conveniently purchase almost anything without liquidating your investments3 including:
New home or
home improvement
New car or boat
College tuition
Dream vacation
* The interest calculator is based on information that we believe to be accurate and correct, but neither Interactive Brokers LLC nor its affiliates warrant its accuracy or adequacy and it should not be relied upon as such. Neither IBKR nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this calculator. 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
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 IIROC 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 IIROC AdvisorReport