Interactive Brokers introduced the Karta Visa card, a new cash‑management product that links a USD Visa debit card directly to brokerage accounts, allowing clients to trade, invest, and spend from a single platform.
The card is available to Interactive Brokers LLC clients who hold at least USD 50,000 in assets. It offers no foreign‑transaction fees, 24/7 luxury travel concierge service, reward points for travel and lifestyle purchases, AI‑powered real‑time support via WhatsApp, global airport lounge access, and purchase protection.
The Karta Visa card integrates with IBKR’s cash‑management solution, which provides competitive interest rates on uninvested cash—up to 3.62%—and low margin borrowing rates as low as 4.62%.
The launch aligns with IBKR’s strategy to deepen client engagement and increase account balances. The company reported third‑quarter GAAP net revenue of $1.66 billion, up from $1.37 billion a year earlier, and diluted earnings per share of $0.59 versus $0.42.
CEO Milan Galik said the card will give clients seamless spending and investing, enhancing stickiness and generating new fee revenue.
The product positions IBKR against other fintechs offering integrated banking and investment services, reflecting a broader industry trend toward all‑in‑one solutions.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.