Available for residents nationwide, Empower Bank is offering a Savings Account with 1.90% APY.
Continue reading below to learn everything you need to know about Empower Bank.
Table of Contents
About Empower Bank Savings + Cash Back Review
Founded in 2014, Empower Bank is committed to building the next generation financial services in order to better help people manage their money.
With such great Online Savings rates you can earn big! They are committed to offering efficient banking products with personal customer service.
I’ll review Empower Banking Savings + Cash Back below.
Note: Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Bank or CIT Bank.
Empower Bank Savings Rate
- Account Type: Empower Bank Savings Account
- Interest Rate: 1.90% APY
- Minimum Balance: None
- Maximum Balance: None
- Availability: Nationwide
- Credit Inquiry: Unknown
- Opening Deposit: None
- Credit Card Funding: Unknown
- Monthly Fee: None
- Early Termination Fee: None Listed
(FDIC Insured)
Empower Bank ACH Capabilities and Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | ? | ? | |
| Pull | ? | ? | ? |
How to Receive Empower Bank Rate
- Open a Savings account
- Input your info – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account – Transfer funds electronically from an internal account here or an external account at another bank.
- The Empower savings accounts are opened and maintained
- Earn 1.90% APY.
| Balance Requirement | APY Rate |
| None | 1.90% APY |
Why You Should Sign Up For This Account
- Maintain the opening deposit to start off earning 1.90% APY
- 2.00% on debit card spend and 4.00% on your savings account (max $50k gets the 4% rate).
- Receive high earnings without paying back in monthly fees
- Funding accounts is made easy via bank transfers, mobile deposit, wire transfer or check
- Manage your accounts at your leisure from your computer, tablet or mobile device
- All deposits are FDIC insured to the maximum amount allowed by the law
Bottom Line
If you are interested in earning a high return on your funds, you should consider Empower Bank and take advantage of their great rate offer. With their new and improved online banking, users can enjoy a new modern design that is faster and easier to use!
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on Empower Bank Savings Account.
Empower has great interest and cash back rates, but has lost funds from my checking, due to computer error or employee theft and has not returned my funds even though there is no transaction to explain the discrepancy.