Interest Rates

Pricing

Interest Rates

Earn Market Rate Interest on Your Instantly Available Cash Balances1

Clients may earn interest on positive settled cash balances.

Accounts with a Net Asset Value (NAV) of USD 100,000 (or equivalent) or more are paid interest at the full rate for which they are eligible. Accounts with NAV of less than USD 100,000 (or equivalent) receive interest at rates proportional to the size of the account. There will be no interest paid on the first USD 10,000 of cash.

Please note that credit interest on accounts with Interactive Brokers Ireland Limited is generally subject to withholding tax at 20% of the interest amount paid. Exemptions and reductions are available to this requirement depending on a client’s legal status or country of tax residency. For more information, please visit our Knowledge Base.

How Much Interest is Your Broker Paying You?

EUR Interest Rate Comparison

Broker Interest Rate (EUR)
Interactive Brokers *
Saxo 1.641% 1
S Broker 1.500% 2
Swissquote 0.100% 3
Degiro n/a
Fineco n/a
IG n/a
Renta 4 Banco n/a

Rates as of March 20, 2024. Source: home.saxo, sbroker.de, en.swissquote.lu, degiro.fr, it.finecobank.com, ig.com/fr, r4.com
*Accounts with a Net Asset Value (NAV) of USD 100,000 (or equivalent) or more are paid interest at the full rate for which they are eligible. Accounts with NAV of less than USD 100,000 (or equivalent) receive interest at rates proportional to the size of the account. There will be no interest paid on the first EUR 10,000 of cash. Rates are subject to change. [1] For cash balances as much as 2,000,000 EUR, "Classic account". [2] For cash balance up to 500,000 EUR, KontoPlus. [3] For cash balances > 20,000 EUR.

USD Interest Rate Comparison

Broker Interest Rate (USD)
Interactive Brokers *
Saxo 3.043% 1
Swissquote 0.100% 2
Degiro n/a
Fineco n/a
IG n/a
Renta 4 Banco n/a
S Broker n/a

Rates as of March 20, 2024. Source: home.saxo, en.swissquote.lu, degiro.fr, it.finecobank.com, ig.com/fr, r4.com, sbroker.de
*Accounts with a Net Asset Value (NAV) of USD 100,000 (or equivalent) or more are paid interest at the full rate for which they are eligible. Accounts with NAV of less than USD 100,000 (or equivalent) receive interest at rates proportional to the size of the account. No interest is paid up to USD 10,000 (or equivalent) of cash. Rates are subject to change. [1] For cash balances as much as 2,000,000 USD, "Classic account". [2] For cash balances > 20,000 EUR.

Global Interest Rates

BM = IBKR Benchmark Rate. For more information, see IBKR Benchmark Rates.

Currency Tier Rate Paid
USD 0 ≤ 10,000 0%
> 10,000 4.830% (BM - 0.5%)
AED 0 ≤ 35,000 0%
> 35,000 4.411% (BM - 0.75%)
AUD 0 ≤ 15,000 0%
15,000 ≤ 150,000 3.806% (BM - 0.5%)
> 150,000 4.056% (BM - 0.25%)
CAD 0 ≤ 13,000 0%
> 13,000 4.342% (BM - 0.5%)
CHF 0 ≤ 10,000 0%
> 10,000 0.772% (BM - 0.5%)
CNH 0 ≤ 70,000 0%
> 70,000 0.50%
CZK 0 ≤ 250,000 0%
> 250,000 3.592% (BM - 2%)
DKK 0 ≤ 75,000 0%
> 75,000 3.019% (BM - 0.5%)
EUR 0 ≤ 10,000 0%
> 10,000 3.421% (BM - 0.5%)
GBP 0 ≤ 8,000 0%
> 8,000 4.664% (BM - 0.5%)
HKD 0 ≤ 78,000 0%
> 78,000 3.203% (BM - 0.75%)
HUF 0 ≤ 3,500,000 0%
> 3,500,000 5.004% (BM - 3%)
ILS All 0%
INR All 0%
JPY 0 ≤ 5,000,000 0%
> 5,000,000 -0.293% (BM - 0.25%)
KRW 0 ≤ 12,000,000 0%
> 12,000,000 2.000% (BM - 1.5%)
MXN 0 ≤ 200,000 0%
> 200,000 6.741% (BM - 4%)
NOK 0 ≤ 100,000 0%
> 100,000 2.398% (BM - 2%)
NZD 0 ≤ 15,000 0%
> 15,000 2.717% (BM - 2.5%)
PLN 0 ≤ 400,000 0%
> 400,000 3.670% (BM - 2%)
RUB* 0 ≤ 750,000 - 11.00%
> 750,000 - 11.00%
SAR 0 ≤ 35,000 0%
> 35,000 4.168% (BM - 0.75%)
SEK 0 ≤ 110,000 0%
> 110,000 3.305% (BM - 0.5%)
SGD 0 ≤ 14,000 0%
> 14,000 2.266% (BM - 1%)
TRY 0 ≤ 250,000 0%
> 250,000 5%
ZAR 0 ≤ 150,000 0%
> 150,000 6.268% (BM - 1%)

NOTES:

  • Due to restrictions imposed by Russia, IBKR clients cannot open or close positions on the Moscow Stock Exchange at this time.
  • AS of July 28, 2022, any long or short RUB balances in an account auto-convert to USD or EUR, depending on the entity holding an account. Visit our Knowledge Base for additional info.

Interest Rate Calculator

Estimate Interest Paid on Positive (Cash) Balances
Enter Cash Balance
Enter Net Asset Value


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

Additional Information

Interest accrues daily. IBKR posts the interest payments on a monthly basis on the third business day of the following month. IBKR uses a blended rate based on the tiers, and the tiers on which interest rates are based are subject to change without prior notification.

For balances held in JPY or RUB, IBKR may apply an effective negative rate to long balances held. The negative rate applied to accounts holding these currencies is the same regardless of account size. For other currencies in which the effective rate is less than zero, the interest paid is 0%.

Disclosures

  1. Annual Percentage Rate (APR). Restrictions apply. For additional information, see our on interest rates page. Credit interest rate as of March 20, 2024.

  • Credit balances greater than USD 10,000 (or equivalent) in accounts with a NAV of less than USD 100,000 (or equivalent) will be paid interest at a proportional rate. No interest is paid on the first USD 10,000 of cash in the account. For accounts holding credit balances in currencies carrying a negative interest rate, the negative rate will be applied to accounts with balances of at least USD 50,000 (or equivalent), but smaller credit balances will not be charged the negative rate.
  • 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.