Empower Bank currently has a nationwide rate of 2.15% APY and 2.00% Cash Back when you open a new Savings Account. It is incredibly easy to earn this rate because there is no minimum or maximum balance. Simply open up their online savings account and deposit you selected amount.
This is an excellent offer in which you can earn while maintaining an amazing savings account. In addition, you can also check out other great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank, or CIT Bank.
Editor’s Note: You can earn 50,000 bonus points when you sign up for Empower Banking through the Drop App. simply connect and pay a direct deposit of $500 within 45 calendar days of receiving the bonus.
Empower Bank Account Summary
- Direct Link to Offer
- Account Type: Online Savings
- APY Rates: 2.15% APY
- Availability: Nationwide (Online)
- Soft/Hard Pull: Unknown.Please inform us!
- Minimum Balance Requirement: None
- Additional Requirements: None listed
- Early Withdrawal Fee: None listed
- Auto-Renewal: None listed, check with CSR
Empower Bank Fine Print
- 2.00% Cash Back for balances up to $1,000 per month
- No Fees
- No Branches, only located online
- Free ATM's 25,000+ ATMS
- FDIC Insured
Conclusion
This account is a simple way to start earning and is quite competitive with other savings accounts. All you need to do is set up an account online and start earning. Additionally, you can earn cash back for spending on your debit card. Although there are no physical branches, the website is quite simple to use and representatives are simply a chat or call away. If you are looking for an easy way to save, please consider opening a savings account with Empower Bank, and they are insured with the FDIC for $250,000!
However, keep in mind that the rate is subjected to change at anytime. However, if you are not currently interested, be sure to check out our list of Best Savings Rates for all your saving needs!