Empower Cash Advance review: A personal finance app helping users stay on top of their financial needs has been rebranded as Tilt.

What is Empower Cash Advance (Tilt)?

The Empower Cash Advance allows Empower members to borrow up to $300 with no interest, no credit check, and no hidden fees.

How (Tilt) Empower Cash Advance Works

Empower Cash Advance is designed to be simple and user-friendly. Here’s how it works:

1. You need an Empower Account and can sign up through the website.
2. You must have qualifying payroll deposits to request an advance.
3. The amount is deposited into your linked bank account within minutes.

Empower is designed to simplify money management and offers:

Tilt Finance (formerly Empower) is a financial technology company, not a bank. Banking services provided by nbkc bank, Member FDIC. The Empower Thrive is provided by FinWise Bank, Member FDIC.

Key Features

• Repayment: The borrowed amount is automatically deducted on the next payday.
• No Interest or Late Fees: Advance funds without incurring interest or late fees.
• Budgeting Tools: Create custom budgets and track spending across categories in real-time.
• Smart Recommendations: Receive personalized financial insights and tips to optimize spending and saving.
• Credit Monitoring: Keep track of your credit score and receive tips to improve it.

Pros and Cons

Pros

• Instant access to up to $300 with no interest or hidden fees.
• Cash advances do not require a credit check.
• Thrive line of credit helps build credit history.
• Personalized financial insights and alerts.

Cons

• The monthly subscription fee may deter budget-conscious users.
• Cash advance and Thrive features are not available in all states.
• Strict eligibility criteria for cash advance approval.
• Limited customer support options, primarily through in-app help and email.

Pricing

Subscription Fee: $8 per month.

Empower offers a 14-day free trial for first-time users. 

Who Is It Best For?

Empower is ideal for anyone looking to cover unexpected expenses or bridging financial gaps without resorting to payday loans.

How to Get Started

1. Get the App: Download it from the app stores.
2. Sign Up: Complete the application and open your account.

Empower Cash Advance Review

Empower Cash Advance is a legitimate service and not a scam. The app has a 4.8 rating in the App Store with over 250,000 reviews and a 4.7 rating in the Google Play Store with over 200,000 reviews.

Our review of Empower cash advance app: A versatile personal finance app combining innovative features like budgeting and savings tools. The ability to access up to $300 instantly, with no interest or credit checks, makes it an excellent choice for those seeking a financial safety net.

While the $8 monthly subscription fee and limited feature availability in certain states are notable drawbacks, the app’s other tools for managing and accessing funds might be worth the cost for many users. 

Empower Cash Advance Alternatives

Here are some alternatives to Empower Cash Advance for individuals seeking short-term financial solutions:

• Current Paycheck Advance: Offers cash advances up to $750 with no interest or hidden fees.
• Dave Cash Advance: Offers small advances up to $500 with budgeting and savings tips.
• Chime MyPay: Allows eligible members to request $500 before payday with no interest.
• Earnin: Provides advances up to $750 based on hours worked.

Credit unions also offer various cash advance options, such as payday alternative loans, small dollar advance loans, and overdraft protection programs.