Unlike other brokers with separate bank accounts in which you have to transfer cash back and forth, IBKR's cash management is integrated into our broker account. This means that you can always borrow at the lowest rates and receive competitive rates on your idle cash balances without having to worry about first transferring cash.
Automatically borrow against your broker account at our low margin rates without monthly minimum payments or late fees by adding an IBKR Debit Mastercard to your account. The IBKR Debit Mastercard provides you with the convenience of accessing your account funds anywhere Debit Mastercard is accepted around the world.
Use our Bill Pay to conveniently send funds to such vendors as the tax authorities, your cellular provider, or you cable company electronically. If your payee isn’t electronically available, we’ll print a check to send funds to any vendor such as your dentist or doctor. If there isn’t enough idle cash in your account, you can automatically borrow at the lowest rates.
1. The Interactive Brokers Debit Mastercard and Bill Pay are only available to to residents of the United States at this time.