Silo Markets Bonus: Earn Points on Your Brokerage Balance

Silo Markets is an investment rewards program that will pay you points for holding your portfolio there. Your assets are held at Interactive Brokers, a publicly traded brokerage firm with 5+ million customers and nearly a trillion dollars in customer equity. Interactive Brokers is a member of SIPC.

Silo Markets is relatively new, having been founded in late 2023, but their model involves giving you rewards on your portfolio’s assets. In return, you pay an annual fee.

You’re essentially earning rewards for putting your assets with Silo (really, with Interactive Brokers).

Quick take: Silo pays 0.5 points per dollar (worth 0.5% in cash) on your balance each year, minus a $95 to $960 annual fee. It works best for buy-and-hold investors with at least $80,000 to move, and Platinum only beats Gold above about $344,000. The Platinum tra...