Jump to content

IB - prepaid debit card Canada


gary17
 Share

Recommended Posts

 hi- i am wondering if there are any canadian IB users here -  i recently got an email from them offering me a 'debit card' with mastercards...   it seems like it's basically a debit card against my margin  in my investment account.  

  is this like a way for me to spend money but without having to sell stocks (ie its margin borrowing).  so i'll be paying interest, but not capital gain taxes?   has any canadian investors studied this and that it makes sense? TIA!

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...