Empower is a financial technology (fintech) company that provides mobile banking services, including an Empower Checking Account.

High-Interest Rates:
Empower offered competitive interest rates on its checking accounts. This feature allowed users to earn interest on their account balances, providing an opportunity for increased savings.

Cashback Rewards:
Some checking accounts with Empower included cashback rewards on certain purchases. This feature allowed users to earn a percentage of their spending back in the form of cash rewards, providing an additional incentive for using the Empower Checking Account for everyday expenses.

No Hidden Fees:
Empower promoted a fee-transparent approach, aiming to eliminate hidden fees often associated with traditional banking. This included no monthly maintenance fees, overdraft fees, or foreign transaction fees, offering users a clear understanding of their account costs.

Automatic Savings:
The Empower app often included features that helped users save money effortlessly. This might include automated savings features that round up purchases to the nearest dollar and transfer the spare change into a designated savings account.

Financial Insights and Budgeting Tools:
Empower’s app typically provided users with insights into their spending habits and financial trends. Budgeting tools helped users set financial goals, track expenses, and manage their money more effectively.

Mobile Check Deposit:
Users of Empower’s Checking Account could often deposit checks using the mobile app. This feature allowed for convenient check deposits without the need to visit a physical bank branch.

Free ATM Access:
Empower typically provided access to a network of fee-free ATMs, allowing users to withdraw cash without incurring additional charges. This feature aimed to enhance the accessibility and convenience of the Empower Checking Account.

Early Direct Deposit:
Some financial institutions, including Empower, offered early direct deposit for paychecks. This feature allowed users to receive their salary or other direct deposits ahead of the traditional payday, providing quicker access to funds.

FDIC Insurance:
Empower Checking Accounts were typically FDIC-insured up to certain limits. This insurance provided added security for users, protecting their deposits in case the financial institution faced financial challenges.

Customer Support:
Empower generally offered customer support services to assist users with account-related inquiries or issues. Access to responsive customer support was crucial for addressing any concerns and ensuring a positive banking experience.

Social Link