Interactive Brokers Card
Open an account
In 2017, IBKR introduces the Interactive Brokers Debit Mastercard, which allows cardholders to spend and borrow directly against their Interactive Brokers account.
There is no fee on currency conversion. The currency rate comes from Mastercard
For cash withdrawal, the fee is 0.5$ per withdraw and a ATM network surcharge can be applied by the owner of the ATM machine.
So if you are a professional traders or highly experienced investors looking for a trading account with a debit card. IBRK is perfect. It offers a comprehensive platform with competitive fees across multiple global financial markets.
Concerning the company, Interactive Brokers Group, Inc. was founded by its Chairman and CEO Thomas Peterffy. Over the last 41 years, it has grown internally to become one of the premier securities firms. Interactive Brokers conducts its broker/dealer business on over 120 market destinations worldwide. It’s was awarded Best Online Broker by Barron’s multiple times.
|Open account||Close account||Domestic ATM Transaction||International ATM Transaction||Foreign exchange fee||Monthly service fee||Loading fee||Shipping cost|
|Free||Free||0.5$ + ATM Fee||0.5$ + ATM Fee||Mastercard currency conversion rate||10$ if monthly commission Monthly Activity Fee = 0 if monthly commissions are equal to or greater than USD 20.||–||–|
|Network||Insurance||Rewards||Card type||App||Transfer between user||Physical Card||Virtual Card||Apple Pay||Android Pay|
|Value dail online transaction||Single ATM transaction limit||Daily ATM withdrawal limit||Monthly ATM withdrawal limit||Max single top-up value||Max daily load||Max daily limit bank transfers|
|–||1’000 USD||2’000 USD||–||–||–||–|
|Multiple currency||Currency||Country avaibility|
|Yes (use Mastercard currency rate)||USD||Most of the world|
|Bitcoin||Other crypto||Transfer In/Out crypto||Without KYC|
|IBAN||Country IBAN||Wire transfer||Trading||Banking license|
|Yes||UK||Yes||Traditional + Forex||Yes|