IBKR Interest Rates
Clients may earn interest on positive settled cash balances, i.e. uninvested cash in your account. The amount that you earn depends on the blended annual rate for which you are eligible. The blended annual rate is applied to the uninvested cash in your account, while balances below a certain threshold will earn no interest.
The eligible rate payable is based on:
For example, clients with a NAV of more than USD 100,000 (or an equivalent value in other currencies) earn an annual rate of 3.83% on their USD cash balances above USD 10,000.
Clients with a NAV of less than USD 100,000 (or an equivalent value in other currencies) will receive a lower annual rate, this rate increases the closer your NAV is to USD 100,000. Interest will not be payable on the first USD 10,000 (or the relevant value in other currencies) of uninvested cash balances. This means that the overall amount of interest payable to you will be a blended rate, i.e., a combination of the rate payable on your cash balance below USD 10,000, and the rate that is payable on balance above those values. For illustration, please see examples in the table below, or for a more accurate estimation please use the calculator provided below.
All account types are eligible to earn interest. The balances across multiple Interactive Brokers accounts will not be consolidated. While NAV is aggregated across multiple currencies, the interest is calculated on each currency holding and the USD 10,000 (or the relevant value in other currencies) threshold, below which no interest is payable, applies to each currency holding.
NAV adjusted blended annual interest rates based on 3.83% interest paid on USD cash balances above USD 10,000:
| 3.83% | Blended Annual Rate Paid (USD) | ||
|---|---|---|---|
| Account Cash Balance (USD) | NAV 50k | NAV 90k | NAV > 100k |
| 1,000,000 | — | — | # |
| 100,000 | — | — | # |
| 50,000 | # | # | # |
| 25,000 | # | # | # |
| 0 - 10,000 | 0% | 0% | 0% |
Please use the Interest Rate Calculator below to check the estimated rate for different NAVs, cash balances and currencies.
| Scenario | Interactive Brokers | Bank of America | Citi | E-Trade | JP Morgan | Schwab | Wells Fargo |
|---|---|---|---|---|---|---|---|
| NAV = $20,000 Cash = $5,000 |
0.000%* | 0.010% | 0.030% | 0.010% | 0.020% | 0.050% | 0.260% |
| NAV = $80,000 Cash = $20,000 |
1.532%* | 0.010% | 0.030% | 0.010% | 0.020% | 0.050% | 0.260% |
| NAV = $320,000 Cash = $80,000 |
3.351%* | 0.010% | 0.060% | 0.010% | 0.020% | 0.050% | 0.260% |
* Cash held in the commodities segment of an account does not earn interest. Rates are subject to change.
Rates as of April 2, 2025. Source: bankofamerica.com, citi.com, us.etrade.com, jpmorgan.com, schwab.com, wellsfargoadvisors.com
Interest rates shown are based on standard brokerage account or bank balances for customers located in Greenwich, CT. Interest rates may vary depending on location of customers.
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.
BM = IBKR Benchmark Rate. For more information, see IBKR Benchmark Rates.
| Currency | Tier | Rate Paid |
|---|---|---|
| USD | 0 ≤ 10,000 | 0% |
| > 10,000 | 3.830% (BM - 0.5%) | |
| AED | 0 ≤ 35,000 | 0% |
| > 35,000 | 3.561% (BM - 0.75%) | |
| AUD | 0 ≤ 15,000 | 0% |
| 15,000 ≤ 150,000 | 3.624% (BM - 0.5%) | |
| > 150,000 | 3.874% (BM - 0.25%) | |
| CAD | 0 ≤ 13,000 | 0% |
| > 13,000 | 2.112% (BM - 0.5%) | |
| CHF | 0 ≤ 10,000 | 0% |
| > 10,000 | 0.000% (BM - 0.5%) | |
| CNH | 0 ≤ 70,000 | 0% |
| > 70,000 | 0.50% | |
| CZK | 0 ≤ 250,000 | 0% |
| > 250,000 | 0.750% (BM - 2%) | |
| DKK | 0 ≤ 75,000 | 0% |
| > 75,000 | 3.374% (BM - 0.5%) | |
| EUR | 0 ≤ 10,000 | 0% |
| > 10,000 | 1.214% (BM - 0.5%) | |
| GBP | 0 ≤ 8,000 | 0% |
| > 8,000 | 3.983% (BM - 0.5%) | |
| HKD | 0 ≤ 78,000 | 0% |
| > 78,000 | 2% 2,3 | |
| HUF | 0 ≤ 3,500,000 | 0% |
| > 3,500,000 | 2.961% (BM - 3%) | |
| ILS | All | 0% |
| INR | All | 0% |
| JPY | 0 ≤ 5,000,000 | 0% |
| > 5,000,000 | 0.122% (BM - 0.25%) | |
| KRW | 0 ≤ 12,000,000 | 0% |
| > 12,000,000 | 1.250% (BM - 1.5%) | |
| MXN | 0 ≤ 200,000 | 0% |
| > 200,000 | 5.285% (BM - 4%) | |
| NOK | 0 ≤ 100,000 | 0% |
| > 100,000 | 2.236% (BM - 2%) | |
| NZD | 0 ≤ 15,000 | 0% |
| > 15,000 | 0.915% (BM - 2.5%) | |
| PLN | 0 ≤ 400,000 | 0% |
| > 400,000 | 4.066% (BM - 2%) | |
| SAR | 0 ≤ 35,000 | 0% |
| > 35,000 | 3.788% (BM - 0.75%) | |
| SEK | 0 ≤ 110,000 | 0% |
| > 110,000 | 1.572% (BM - 0.5%) | |
| SGD | 0 ≤ 14,000 | 0% |
| > 14,000 | 1.513% (BM - 1%) | |
| TRY | 0 ≤ 250,000 | 0% |
| > 250,000 | 5% | |
| ZAR | 0 ≤ 150,000 | 0% |
| > 150,000 | 6.465% (BM - 1%) |
Disclosures