Automatically borrow against your account at USD 1.59% 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 Debit Mastercard at ATMs to withdraw a maximum of $1,000 per day.
Cash management is integrated into your broker account. This means that you can always borrow at the lowest rates without having to worry about first transferring cash.
Adding an Interactive Brokers Debit Mastercard to your account is quick and easy and provides you with the convenience of accessing your account funds anywhere Debit Mastercard is accepted around the world. Simply log in to your account and click the Transfer & Pay > Debit Card menu item or request the card during the account application process.
In addition, advisors and brokers on the IBKR platform can let their clients request the Interactive Brokers Debit Mastercard through Client Portal, and trustees (who are also beneficiaries) are eligible for the program.
Our IBKR Mobile app uses two-factor authentication to provide added safety and security to the Debit Mastercard. Use the app to authorize transactions, pre-authorize large purchases and lock or unlock your card. In addition, the Debit Mastercard can be added to Android Pay, Apple Pay or Samsung Pay for contactless purchases using your mobile device. Click and icon to download a mobile payment solution.
For complete information visit mycardbenefits.com or call Mastercard at 1-800-MASTERCARD
*Cardholder fees may apply