What is empower personal cash?

Empower Personal Cash is a program that offers you the ability to earn a higher interest rate on your cash than you might earn in a traditional Checking or Savings account. No minimum daily balance required.

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 is the empower personal Cashtm annual percentage yield (APY)?

The fee may vary from program bank to program bank and will generally increase as the aggregate amount of funds held in program accounts with the program bank increases. The Empower Personal Cash™ Annual Percentage Yield (APY) as of 8/1/23 is 4.70% APY (4.602% interest rate). The calculation for APY is rounded to the nearest basis point.