Instead of having to move around money and make sure your cashflow needs are in order, you can actually just transfer positions that you're holding of stocks or index funds. And while they're in transit, you're not foregoing your earnings or any growth in those stocks, and you don't really need access to them on a day-to-day basis.

So it's a little bit easier in my mind than a bank bonus because it's kind of less invasive into your cashflow. So to evaluate these, I looked at 20 different brokerage bonuses, and some of them were household names, Schwab, Citi, E-Trade. Some were fintechs like Robinhood, Webull, and Public.

And some were brokerages that I wasn't really familiar with like TastyTrade and TradeStation. All were brokerages with SIPC protection, which usually protects you, I think, on $500,000 of balance. Similar but not the same as FDIC insurance.