Introduction to Interactive Brokers Debit Card

The Interactive Brokers Debit Mastercard is a card issued by Interactive Brokers (IB) that US clients can use to spend or borrow against the value of their IB account. It allows customers to borrow, earn, spend and invest from anywhere in the world with just one account. This article will provide an overview of the debit card and its features, as well as answer some frequently asked questions about it.

Features of the Interactive Brokers Debit Card

The Interactive Brokers Debit Mastercard is a convenient way for customers to access their funds quickly and easily. The card has no foreign transaction fees, so customers can use it anywhere in the world without incurring additional costs. It also offers cash back rewards on purchases made with the card, as well as access to exclusive discounts and offers. Additionally, customers can pre-authorize purchases with the card and manage their spending through an online portal.

FAQs About the Interactive Brokers Debit Card

How do I get an IBKR Debit Card?

You can apply for an IBKR Debit Mastercard through the website or by logging into your Client Portal/Account Management. Once you have submitted your application, you will receive your card within 7-10 business days.

How much can I withdraw using an IBKR Debit Card?

You can withdraw up to $2,000 per day from any ATM using your IBKR Debit Card. There is no limit on how much you can spend using the card for purchases at merchants that accept Mastercard payments.

Is there a fee associated with using my IBKR Debit Card?

There are no fees associated with using your IBKR Debit Card for purchases or withdrawals at ATMs worldwide; however, there may be fees associated with certain transactions such as balance transfers or cash advances. Please refer to your account agreement for more information about these fees.

Conclusion

The Interactive Brokers Debit Mastercard is a great way for customers to access their funds quickly and easily while earning rewards and taking advantage of exclusive discounts and offers. With no foreign transaction fees and low withdrawal limits, it’s a convenient way to manage your finances while traveling abroad or making everyday purchases at home.