Empower Cash Account: 3.75% APY (Nationwide)

If you’re looking for a new savings account available nationwide, Empower Cash Account is offering you 3.75% APY.

Update 12/23/24: The rate has decreased to 3.75% APY from 4.00%.

Empower Cash Account

Here is your opportunity to earn a competitive rate. Open a new account and start earning interest and get started today!

• Rate Offer: 3.75% APY Rate
• Availability: Nationwide
• Credit Inquiry: Unknown
• Credit Funding: Unknown
• Minimum Balance: None
• Maximum Balance: None
• Monthly Fee: None Listed
  
• Early Termination Fee: None Listed

(FDIC Insured)

Empower ACH Capabilities & Limits

For large withdrawals, wire up to $1M with no fees

Editor’s Note: Help us with the table above in the comment section if you have experience with Empower’s ACH capabilities.

Account Rates

Empower Cash Account Benefits

• Aggregate FDIC insurance up to $2 million
• Need help? Get answers from real people
• No fees
• Simplify your family finances with a joint account.
• Set up direct deposit for your paychecks.
• Link to your checking for monthly bills.
• Unlimited number of monthly transfers.
• Withdraw up to $100K per day.
• No minimum balance.

Author’s Verdict

Overall, Empower is offering you a great rate on your funds when you open a Cash Account. Because you can earn a high rate on any balance, the Cash Account is totally worth trying out.

If you happen to know whether this account incurs a hard/soft pull, please let us know. Let us know about your thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank rates!

In addition to the current rate from Empower, you can also take advantage of a range of great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.