Empower is a free money management app for iOS and Android devices that helps you track all of your finances in a single location with a variety of tools and features available including automatic savings, expense categorization, bill management, money transfers, unwanted subscription cancelation, credit score tips and more.
$5 Empower Sign-Up Bonus: In order to qualify for the $5 bonus, you must download the app via a current user’s referral link and connect at least 1 active checking or savings account to your new Empower account, and you will receive a $5 bonus credit that you can then transfer to your connected checking or savings account.
Important: Please feel free to share your Empower app referral links in the comments below this article for other readers to use, but please be aware that once you (as a referrer) reach your maximum of $60 in total referral bonuses, your referral links will stop working for new users to use when qualifying for the $5 sign-up bonus, so you must confirm that you still have additional referrals available to give (just check your account and if you still see the $5 bonus displayed on your referral page, it should still be available for you and your referrals).
About Empower Money Management App
Empower (non-referral link) helps you keep up to date with your finances, get personalized recommendations to help stretch your money further, and discover ways that you can save hundreds of dollars each year.
It’s absolutely free to create your Empower account and use their service by downloading their free app that is available for iOS or Android devices.
Empower supports over 10,000 U.S. bank, credit card, loan, investment, and 401(k) accounts, so you can manage all of your financial accounts in a single location.
Empower Features and Services
- Check Account Balances and Track Your Spending.
- See Where Your Money Goes, with Expenses Automatically Categorized.
- Automatically Save to Build Wealth or Pay Down Credit Debt.
- Find a High-Interest Savings Account.
- Manage and Renegotiate Better Deals on Your Bills.
- Review and Cancel Unwanted Subscriptions.
- Transfer Money for Free between Any U.S. Bank Accounts.
- Pay Your Credit Card Bills Directly from the App.
- Get Personalized Advice for Protecting Your Credit Score.
Empower $5 Sign-Up Bonus for New Accounts
You can get a $5 cash bonus if you are a new Empower user.
1. Use an Empower $5 Referral Link (see comments to share referral links) to enter your U.S. mobile number and download the app for iOS or Android devices.
2. Connect at least 1 active checking or savings account to your Empower account.
3. Your $5 bonus can be claimed into either your checking or savings account that you connected to your Empower account.
This $5 bonus offer is for new Empower users only when you connect your first account.
Empower Review
Empower gives you a simple financial snapshot that allows you to see all of your account balances and track activity across bank, credit, loan, and retirement accounts.
All of your spending is automatically categorized by Empower, so that you can easily review your spending at any time using their Custom Reports.
Empower also helps you find “free money” and opportunities to save with the Empower Savings Checkup that analyzes your accounts for ways to save more money.
You can get additional savings by having Empower renegotiate your bills for you on your behalf, cancel unwanted subscriptions, or even open a high-interest savings account.
If you’re in debt, you can use Empower to set up automatic savings and pay down your debt with AutoSave, or find better loans and refinance to lower your interest rates.
You can even stay on top of your money without having to log in to your Empower account with intelligent notifications.
Empower uses state-of-the-art security measures like AES 256-bit encryption, multi-factor authentication, and PIN code to protect your account, and your sensitive personal information is fully encrypted using SSL.
Empower Refer-A-Friend Program $5 Rewards
All Empower members can participate in their referral program to give your friends a $5 bonus and earn a $5 bonus for each new user that you refer.
You’ll get $15 when you refer 3 friends who connect accounts, and you’ll get $5 for every friend thereafter.
Your friends will also get a $5 bonus to get their savings started, so everybody benefits from the Empower Referral Program.
Current members can earn up to $60 in total referral bonuses through the program.
- The offer is valid only for new individual Empower accounts.
- To qualify, your referred friend must open a new Empower account using the special designated link from your invitation and connect at least 1 active checking or savings account to their Empower account.
- You will be able to claim your referral bonus into either a checking or savings account connected to your Empower account.
- No more than 1 referral bonus will be paid per new Empower user.
Please feel free to share your Empower user experiences as well as your referral links in the comments below this article.
You may also be interested in the Personal Capital $20 Referral Bonus for an online way to manage all of your finances.
Take advantage of the Empower free money management app to control all of your financial accounts in a single location.
Ashley says
February 21, 2019 at 9:36 pmI do not see an option to share or a referral code anywhere in my app. Where is it???
ricky says
July 9, 2018 at 6:10 pmnot work promotion ,no rewards . hope you could update it or delete it if it’s already expired promotion ,and the customer service really sick ,doesn’t help anything with this
MM Team says
July 10, 2018 at 1:53 pmHello Ricky,
According to the Empower FAQs in their app, the referral program is still available at this time, plus you can still access the referral sharing option within the app as well.
I know that once a referrer reaches $60 in total earned referral bonuses, their referral link will stop working for new users to get the $5 sign-up bonus, so you have to be sure that you sign up through a referral link of somebody who still has referrals available to give.
Otherwise, I believe that this program is still active and providing referral bonuses for both users as described in the above article.
Please feel free to share your enrollment experiences or what issues you ran into when trying to qualify for the bonus, and I’m sorry it didn’t work out for you.
If you still have the app, please feel free to post your referral link here for other readers to use, as you likely have referral slots available to give at this time.
Thank you for reading.
rciky says
July 12, 2018 at 8:42 pmtried but haven’t get any bonus and my friends they also haven’t get the bonus ,and we did chat with the expert ,but they didn’t response backs I think it’s expired at this time
Eric Horng says
May 16, 2018 at 11:34 pmJust signed up recently! If anyone needs a referral link, here you go: https://empower.me/?pid=SMS&c=3for15&af_sub1=P1LNEW
Alan Oncken says
April 23, 2018 at 4:54 pmYour links to Empower do NOT work.
MM Team says
May 15, 2018 at 4:46 pmHello Alan,
Thank you for your comment and for letting me know.
It looks like once the referrer has reached their $60 total referral bonus limit, their referral link also stops working for new users to get the $5 sign-up bonus.
I believe that’s what happened to my referral link, as the “Give $5, Get $5” referral bonus is otherwise still available from Empower at this time.
I have removed my referral link from the above article and encourage readers to share referral links and your experiences in the comments for others to use.
Thank you again.
Nancy says
January 24, 2018 at 11:18 amI signed-up and linked checking account using your referral link. I don’t see $5 claim button under Profile in my app. Am I missing something?
MM Team says
January 24, 2018 at 3:40 pmHello Nancy,
According to their customer service, the “Claim” button should automatically show up under your “Profile” menu right away after connecting a bank account.
You must link an active checking or savings account from an “eligible” bank, which may NOT include certain banking services like Chime or a debit card type of service, so it needs to be from Chase Bank, Bank of America, Citibank, etc., or even any local bank of yours as long as the account is active.
Empower has indicated to me that 3 people have used my referral link at this time, and while 2 have qualified for the $5 bonus, the 3rd person has not yet connected an account to their profile. I don’t know any information about the individual referrals, but this does confirm that the referral link in the above article is working correctly at least.
If you still haven’t gotten access to your $5 “Claim” button to transfer the bonus to your checking or savings account, then I would attempt to link another eligible account, in case the first account didn’t qualify for some reason.
You can otherwise contact their customer service within the app, and they are pretty responsive and helpful.
Sorry for the issue you are having and thank you for commenting.
Nancy says
January 29, 2018 at 9:36 pmThose guys asked me to supply the email address of friend referral link. I told them it is maximizingmoney@gmail.com and they came back and said ” I’m afraid we do not have a user with this email”. What email I should tell them? Thanks for your help.
MM Team says
February 5, 2018 at 2:19 pmHello, just to follow up with this comment. I have provided Nancy with the proper email address to inquire about. Please do not inquire about the maximizingmoney@gmail.com email address with their customer service, as that email address is not associated with any account.
Dominique says
February 3, 2018 at 6:20 pmI used the referral link on this blog and had the same issue. I contacted customer service and they told me that my referrer had closed their account, so no one who uses the link on this blog will be getting a referral bonus. It’s only $5, but I will be closing my account too if I don’t as I already have another app that tracks my bank and credit cards for me.
Dominique says
February 3, 2018 at 6:24 pmHmm, I guess customer service was wrong. The $5 link just showed up for me today. So, I guess you have to wait a bit to get it. It’s not instant.
MM Team says
February 5, 2018 at 2:17 pmHello Dominique, customer service was definitely wrong, I have not closed my Empower account and the referral link in this article is still working. Glad you got the $5 bonus.