- Interactive Brokers (IBKR +0.4%) launched the Interactive Brokers Canada Prepaid Mastercard.
- The Mastercard expands the cash management benefits available to IB Canada clients, adding the ability to offset transactions against their IB account balances.
- Currently, IB Canada clients can trade securities in 135+ global markets via powerful trading software at some of the lowest costs in the industry via Interactive Brokers' Integrated Investment Account.
- "Integrated cash management makes finances easier to manage, and the Prepaid Mastercard makes cash more accessible. If you want to borrow money against the securities in your account, you can withdraw cash or use your Interactive Brokers Prepaid Mastercard for any expense – from a cup of coffee to a car," EVP of Marketing and Product Development commented.