Cash Yield Enhancement
Cash Yield
Enhancement Program
Earn extra income on uninvested cash balances
Earn Market Rate Income on Your Uninvested Cash Balances
Client accounts may receive extra income on long settled cash balances in their securities accounts.
Accounts with a Net Asset Value (NAV) of USD 100,000 (or equivalent) or more are paid yield at the full rate for which they are eligible. Accounts with NAV of less than USD 100,000 (or equivalent) receive yield at rates proportional to the size of the account.
For example, an account with a NAV of USD 50,000 earns yield at a rate equal to one-half the rate paid by IBKR to accounts with a NAV of USD 100,000 or more.
Yield accrues daily. IBKR posts the yield payments on a monthly basis on the third business day of the following month. IBKR uses a blended rate based on the tiers outlined in the table below. The tiers on which yield rates are based are subject to change without prior notification
BM = Benchmark Rate
| Currency | Tier | Rate Paid |
|---|---|---|
| USD | 0 ≤ 10,000 | 0% |
| > 10,000 | 3.830% (BM - 0.5%) | |
| CHF | 0 ≤ 10,000 | 0% |
| > 10,000 | 0.000% (BM - 1%) | |
| CZK | 0 ≤ 250,000 | 0% |
| > 250,000 | 4.000% (BM - 3%) | |
| DKK | 0 ≤ 75,000 | 0% |
| > 75,000 | 0.367% (BM - 1.5%) | |
| EUR | 0 ≤ 10,000 | 0% |
| > 10,000 | 1.404% (BM - 0.5%) | |
| GBP | 0 ≤ 8,000 | 0% |
| > 8,000 | 2.678% (BM - 0.75%) | |
| HUF | 0 ≤ 3,000,000 | 0% |
| > 3,000,000 | 11.590% (BM - 3%) | |
| NOK | 0 ≤ 100,000 | 0% |
| > 100,000 | 0.750% (BM - 2%) | |
| PLN | 0 ≤ 400,000 | 0% |
| > 400,000 | 2.190% (BM - 4.5%) | |
| SEK | 0 ≤ 110,000 | 0% |
| > 110,000 | 0.936% (BM - 1.5%) |