Interest Rates
IBKR Interest Rates
Interactive Brokers Clients Earn
Up to USD 4.83% on Their
Instantly Available Cash Balances1
Open an Account 
IBKR pays USD 4.83% interest on instantly available cash over USD 10,000. Accounts with less than USD 100,000 of total value are paid proportionally less.
How Much Interest is
Your Broker Paying You?
USD Interest Rate Comparison
| Broker | Interest Rate | |
|---|---|---|
| Bank of America | 0.04% | |
| Citi | 0.06% | |
| E-Trade | 0.01% | |
| Interactive Brokers | 4.83% | * |
| JP Morgan | 0.02% | |
| Schwab | 0.45% | |
| Wells Fargo | 1.00% |
Rates as of August 8, 2024. *Rate shown applies to IBKR Pro clients only.
Interactive Brokers LLC is a U.S. Broker/Dealer and not a Bank, as such Interactive Brokers’ accounts are not eligible for FDIC coverage, but are insured through SIPC. For additional information about SIPC coverage please visit www.sipc.org. Bank interest rates shown are based on USD 100k deposit and customers being located in Greenwich, CT. Bank interest rates may vary depending on location of customers.
Global Interest Rates
BM = IBKR Benchmark Rate. For more information, see IBKR Benchmark Rates.
| Currency | Tier | Rate Paid: IBKR Pro | Rate Paid: IBKR Lite |
|---|---|---|---|
| USD | 0 ≤ 10,000 | 0% | 0% |
| > 10,000 | 4.830% (BM - 0.5%) | 3.830% (BM - 1.5%) | |
| AED | 0 ≤ 35,000 | 0% | 0% |
| > 35,000 | 4.385% (BM - 0.75%) | 3.385% (BM - 1.75%) | |
| AUD | 0 ≤ 15,000 | 0% | 0% |
| 15,000 ≤ 150,000 | 3.842% (BM - 0.5%) | 2.842% (BM - 1.5%) | |
| > 150,000 | 4.092% (BM - 0.25%) | 2.842% (BM - 1.5%) | |
| CAD | 0 ≤ 13,000 | 0% | 0% |
| > 13,000 | 3.886% (BM - 0.5%) | 2.886% (BM - 1.5%) | |
| CHF | 0 ≤ 10,000 | 0% | 0% |
| > 10,000 | 0.545% (BM - 0.5%) | 0.000% (BM - 1.5%) | |
| CNH | 0 ≤ 70,000 | 0% | 0% |
| > 70,000 | 0.50% | 0.50% | |
| CZK | 0 ≤ 250,000 | 0% | 0% |
| > 250,000 | 2.427% (BM - 2%) | 1.427% (BM - 3%) | |
| DKK | 0 ≤ 75,000 | 0% | 0% |
| > 75,000 | 2.791% (BM - 0.5%) | 1.791% (BM - 1.5%) | |
| EUR | 0 ≤ 10,000 | 0% | 0% |
| > 10,000 | 3.178% (BM - 0.5%) | 2.178% (BM - 1.5%) | |
| GBP | 0 ≤ 8,000 | 0% | 0% |
| > 8,000 | 4.471% (BM - 0.5%) | 3.471% (BM - 1.5%) | |
| HKD | 0 ≤ 78,000 | 0% | 0% |
| > 78,000 | 3.222% (BM - 0.75%) | 2.222% (BM - 1.75%) | |
| HUF | 0 ≤ 3,500,000 | 0% | 0% |
| > 3,500,000 | 3.619% (BM - 3%) | 2.619% (BM - 4%) | |
| ILS | All | 0% | 0% |
| INR | All | 0% | 0% |
| JPY | 0 ≤ 5,000,000 | 0% | 0% |
| > 5,000,000 | -0.262% (BM - 0.25%) | -1.262% (BM - 1.25%) | |
| KRW | 0 ≤ 12,000,000 | 0% | 0% |
| > 12,000,000 | 2.000% (BM - 1.5%) | 1.000% (BM - 2.5%) | |
| MXN | 0 ≤ 200,000 | 0% | 0% |
| > 200,000 | 6.815% (BM - 4%) | 5.815% (BM - 5%) | |
| NOK | 0 ≤ 100,000 | 0% | 0% |
| > 100,000 | 2.425% (BM - 2%) | 1.425% (BM - 3%) | |
| NZD | 0 ≤ 15,000 | 0% | 0% |
| > 15,000 | 2.915% (BM - 2.5%) | 1.915% (BM - 3.5%) | |
| PLN | 0 ≤ 400,000 | 0% | 0% |
| > 400,000 | 3.763% (BM - 2%) | 2.763% (BM - 3%) | |
| SAR | 0 ≤ 35,000 | 0% | 0% |
| > 35,000 | 4.520% (BM - 0.75%) | 3.520% (BM - 1.75%) | |
| SEK | 0 ≤ 110,000 | 0% | 0% |
| > 110,000 | 3.102% (BM - 0.5%) | 2.102% (BM - 1.5%) | |
| SGD | 0 ≤ 14,000 | 0% | 0% |
| > 14,000 | 2.822% (BM - 1%) | 1.822% (BM - 2%) | |
| TRY | 0 ≤ 250,000 | 0% | 0% |
| > 250,000 | 5% | 4% | |
| ZAR | 0 ≤ 150,000 | 0% | 0% |
| > 150,000 | 7.304% (BM - 1%) | 6.304% (BM - 2%) |
Negative Rates: For balances held in JPY, IBKR may apply an effective negative rate to long balances held. The negative rate applied to accounts holding this currency is the same regardless of account size. For other currencies in which the effective rate is less than zero, the interest paid is 0%
Interest Rate Calculator
Estimate Interest Paid on Positive (Cash) Balances
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Enter Net Asset Value
Pricing Plan:
IBKR Pro IBKR LiteInsured Bank Deposit Sweep Program
Under the Insured Bank Deposit Sweep Program, eligible IBKR clients can obtain up to $2,500,000 of FDIC insurance in addition to the existing $250,000 SIPC coverage for total coverage of $2,750,000. IBKR sweeps each participating client's free credit balances daily to one or more banks, up to $246,500 per bank, allowing for the accrual of interest and keeping within the FDIC protected threshold. Cash balances above $2,750,000 remain subject to safeguarding under the SEC's Customer Protection Rule 15c3-3, backed by the firm's equity capital, which is $15.2 billion.
Click for more information about the Insured Bank Deposit Sweep Program
Examples:
NAV = USD 1,000,000
| Cash (USD) | Interest Rate | Interest Paid | Blended Rate | |
|---|---|---|---|---|
| Up to Tier Cutoff | 10,000 | 0.00% | 0 | |
| Above the Tier Cutoff | 990,000 | 4.83% | ||
| Total | 1,000,000 | |||
| Blended Rate | 1,000,000 | |||
NAV = USD 300,000
| Cash (USD) | Interest Rate | Interest Paid | Blended Rate | |
|---|---|---|---|---|
| Up to Tier Cutoff | 10,000 | 0.00% | 0 | |
| Above the Tier Cutoff | 290,000 | 4.83% | ||
| Total | 300,000 | |||
| Blended Rate | 300,000 | |||
Disclosures
- Accounts with a Net Asset Value (NAV) of USD 100,000 (or equivalent) or greater are paid interest at the full rate. Accounts with a NAV lower than USD 100,000 (or equivalent) receive interest payments at rates proportional to the account size, and no interest is paid on the first USD 10,000 of cash in the account. Please note that interest is earned on positive settled cash balances held in the securities segment of an account but not on cash held in the commodities segment of the account.
- IBKR may change these rates at any time, in its sole discretion. We will publish the current rates on a best-efforts basis. Interest rates may also vary by program or arrangement. Restrictions apply. The published rates are for direct clients of IBKR. Clients introduced through another broker may receive a different amount of interest (or no interest) at the election of the client’s introducing broker. Clients should contact their introducing broker about the rates that will apply to their account.