® The Empower name and logos are trademarks and service marks (collectively, the “Empower Trademarks”) owned by Empower Finance, Inc. You do not acquire a license or any ownership rights to any trademarks, service marks, or trade names through your access or use of the Empower app or platform product or service.
Empower Finance, Inc.650 California Street, Floor 7San Francisco, California 94108
Empower is a financial technology company, not a bank. Empower is not FDIC-insured. FDIC insurance only covers the failure of an insured bank. Banking services provided by nbkc bank, Member FDIC. Empower Thrive provided by FinWise Bank.
Empower offers a 14-day trial for first-time customers only. Once the free trial concludes, Empower charges an auto-recurring $8/month subscription fee. If you do not wish to pay the subscription fee, you must cancel your subscription before the end of your free trial. If you are a returning customer, you will be charged the $8 fee immediately upon resubscribing. Cancel any time by visiting “Billing” in the mobile app or contacting help@empower.me.
Empower's full suite of products and services is not available in all states. Cash Advance is not available to Connecticut, Maryland, or District of Columbia (DC) residents. Click here to see if the Thrive line of credit is offered in your state.
* Not everyone will qualify for a Cash Advance. Offers range from $10-$300 for first-time customers and $10-350 for all others. Offers are based on Empower's eligibility requirements and may increase over time with positive repayment history. In November 2024, the average offer was $98 for first-time customers and $170 for all others. Instant delivery is optional, and fees may apply. See Empower's Terms for fees and details.
^ Subject to credit approval. Access to Thrive requires Empower membership of $8 per month. Customers who open a Thrive line of credit will not be eligible for Cash Advance while the line of credit account is open.
† We report your payments to the credit bureaus. Failure to make your monthly minimum payments by the payment due date each month may result in negative reporting to the credit bureaus, which may negatively impact your credit score.
‡ If you apply for a Thrive line of credit, we perform a soft inquiry on your credit report, which does not impact your credit score.
^^If you sign up for Automatic Savings, you are required to open a deposit account in your name through nbkc bank, Member FDIC. Any balances you hold with nbkc bank, including but not limited to those balances held in Empower accounts are added together and are insured up to $250,000 per depositor through nbkc bank, Member FDIC. Empower is not FDIC-insured. FDIC insurance only covers the failure of an insured bank. If you have funds jointly owned, these funds would be separately insured for up to $250,000 for each joint account owner. nbkc bank utilizes a deposit network service, which means that at any given time, all, none, or a portion of the funds in your Empower accounts may be placed into and held beneficially in your name at other depository institutions which are insured by the Federal Deposit Insurance Corporation (FDIC). For a complete list of other depository institutions where funds may be placed, please visit https://www.cambr.com/bank-list. Balances moved to network banks are eligible for FDIC insurance once the funds arrive at a network bank. To learn more about pass-through deposit insurance applicable to your account, please see the Account Documentation. Additional information on FDIC insurance can be found at https://www.fdic.gov/resources/deposit-insurance/..
Empower is a financial technology company, not a bank. Banking services provided by nbkc bank, Member FDIC. Empower Thrive provided by FinWise Bank.
