Interactive Brokers stepped further into personal finance with the launch of the Karta Visa card, aiming to give users a way to spend directly from their brokerage accounts.
Join buy-side heads of FX in London at fmls25
According to the brokerage, the new card links trading and cash management in a single platform, enabling users to trade, save, invest, and make purchases globally without the friction of moving funds between platforms.
“Our all-in-one cash management solution gives clients an easy and flexible way to manage their money,” commented Milan Galik, Chief Executive Officer at Interactive Brokers. “Introducing the Karta Visa card broadens the scope of our integrated approach and further simplifies how clients can oversee their finances.”
- Interactive Brokers' Revenue Grows 21% as Client Base Nears 4.2 Million
- Interactive Brokers Adds One-Click Trading to Desktop Platform
- Interactive Brokers Daily Average Revenue Trades Surge 47%, Client Equity Soars
A New Layer to IBKR’s Cash Management Platform
The Karta Visa card adds to Interactive Brokers’ suite of cash management tools, offering clients a U.S. dollar card with no foreign transaction fees, real-time support, and lifestyle perks such as airport lounge access and luxury travel concierge services.
The Karta Visa card reportedly enables clients to make purchases worldwide without FX fees while earning reward points on travel and lifestyle spending. Cardholders also gain access to global airport lounges, the Visa Luxury Hotel Collection, and concierge assistance via WhatsApp.
Bringing Brokerage Convenience to Everyday Finance
Interactive Brokers’ existing cash management solution already lets clients earn interest of up to 3.62% on idle cash or borrow at rates between 4.62% and 5.62% when needed. Deposits can be made via mobile check or automated payroll, and funds remain protected under IBKR’s strong balance sheet and risk management framework.
At launch, the Karta Visa card is available to eligible clients across several regions. With instant virtual issuance through Apple and Google Wallet, users can start spending immediately while maintaining direct access to their investment funds.
By linking brokerage and banking functionality, Interactive Brokers continues to blur the line between investing and daily finance, offering a single account that works across markets, currencies, and now, at checkout.
Interactive Brokers recently reported strong third-quarter results, driven by a rebound in trading activity and higher interest income. The performance reflected continued momentum among active investors despite ongoing market volatility .
The brokerage recorded broad-based growth across its core business segments while maintaining tight cost control, helping boost profitability to its highest level in a year. GAAP net revenue rose to $1.66 billion from $1.37 billion in the same quarter last year, while adjusted net revenue reached $1.61 billion.
Diluted earnings per share increased to $0.59, up from $0.42 a year earlier. Profit before taxes climbed to $1.31 billion, with the company maintaining a strong pre-tax margin of 79%.
