Empower Banking is a mobile-only account that offers a high-interest checking account through with no fees and access to a digital financial assistant.
How Empower Banking works
Interest-Bearing Checking – high-interest checking account with zero account fees or minimums. Access your finances through the mobile app and your money with a debit card.
Features And Benefits
Here are just some of the things you can use Empower for:
- No minimum balance requirement.
- No monthly fees, no overdraft fees, insufficient fund fees.
- Cashback on debit card spending on your first $1000 spent each month.
- Access to the Empower assistant an artificial intelligence-powered assistant who’ll help you make better financial decisions, monitor your accounts, and chat with 24/7.
- 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.
- The checking account is FDIC-insured up to $250,000.
- Access to the award-winning Empower Assistant that tracks your entire financial life and provides recommendations to save, spend less, and chat about your finances.
How much does Empower Banking cost
There is no cost to have a checking account with Empower. Empower’s checking account is free.
Through the website, Empower may earn interest from the deposits into the account and receive compensation from your use of its recommended 3rd party products and services.
Who is Empower Banking best for
Best for anyone looking for a high-interest checking account with no fees and desire access to unlimited in-network free ATMs.