Empower is super excited to offer you truly free banking with unmatched rewards. Our Empower banking product includes:
- High interest checking account with 1.90% APY: These earnings are compounded daily and are paid out directly into your Empower banking account each month. Your spending on the debit card also earns you 1% cash back on the first $1,000 you spend each month using your debit card. You’ll earn this reward on a calendar month basis starting on the first of each month. Remember that this applies only to debit card transactions and not to ATM, ACH/transfer, or gambling transactions.
- Awarding-winning assistant: As part of Empower banking, you’ll get your very own award-winning, artificial intelligence-powered assistant who’ll help you make better financial decisions and watch your back 24/7. You can start a chat with your assistant any time, simply by tapping on the chat bubble found on your app’s home screen.
- Free ATMs: Get unlimited access to a network of 25,000 ATMs worldwide. As an added bonus, you’ll be reimbursed for 1 out-of-network ATM transaction each month.
- All accounts are FDIC-insured up to $250,000.
- Remember, Empower banking comes with no fees, including on foreign transactions, and there are no minimum balance requirements.
Is all this too good to be true? Not really…it's here today. Check out Empower banking by going to your app’s profile menu and tapping on the “Get Empower banking!” button.