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What is empower Personal Capital Cash?

Empower Personal Capital Cash is a cash management account that offers a massive $2 million in aggregate FDIC insurance coverage.

How much APY does empower personal cash earn?

Empower Investment Service, Wealth Management, and Private Client clients will earn 4.70% APY for all accounts. The Empower Personal Cash Program interest rates are subject to change. Is there a daily minimum balance? No. There is no minimum daily balance requirement. Who can open a Empower Personal Cash account?

What's a empower cash account?

One of them is the Empower Cash account. If you didn't already know, Empower is the company behind one of the very popular personal finance management tools available. The company partnered with various banks to offer a savings alternative -- and it's very attractive when you look at the interest rate. The account has no fees.

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