The performance of Polyethylene (PE)/Clay/Silver nanocomposites is dependent to a great extent on the properties of filler-matrix interface. To improve the interfacial properties in PE/Clay/Silver composites, different types of compatibilizers or adhesion promoters were introduced. The compatibilization provided by maleic anhydride (MA), itaconic acid (IA) and 2-[2-(dimethylamine)-ethoxy] ethanol (DMAE) functionalized PEs for forming PE-based nanocomposites was studied and compared. IA was grafted into PE by melt mixing to obtain PEgIA (compatibilizer 1), thereafter, PEgIA and PEgMA (compatibilizer 2) were reacted with DMAE also by melt mixing to obtain PEgI-DMAE (compatibilizer 3) and PEgM-DMAE (compatibilizer 4). These compatibilizers were reacted using ultrasound with a solution of AgNO3 0.04M and ethylene glycol. Ammonium hydroxide was added in a ratio of 2:1M with respect to silver nitrate. These silver coated compatibilizers were mixed with PE and with a quaternary ammonium modified montmorillonite clay (Nanomer I28E), thus forming the different hybrid PE/Clay/Silver nanocomposites. FTIR confirmed the formation of these compatibilizers. All the DMAE compatibilized nanocomposites had better filler (clay and silver) dispersion and exfoliation. XRD, oxygen and water transmission rate as well as antimicrobial properties attained showed that the PEgI-DMAE produced the better dispersed PE, clay and silver nanocomposites. The obtained nanocomposites showed enhanced barrier properties and outstanding antimicrobial properties against bacteria, E. coli. PEgI-DMAE offers an outstanding capability for preparing nanocomposites with highly exfoliated and dispersed filler into the PE matrix that offers a new option for obtaining hybrid nanocomposites with enhanced properties to be used in packaging applications.