Elon Musk’s X Money is now available for Premium and Premium+ X subscribers
X Money was originally supposed to launch last year – at least that was the plan in January. As we all know, that didn’t happen. But now it has finally launched in the US for everyone with a Premium or Premium+ subscription to X.
X Money offers up to 6% interest, 3% cashback and Visa protection
With X Money, you receive a customized metal Visa debit card with free worldwide ATM withdrawals and no fees for foreign transactions. It also includes an effective annual interest rate of up to 6%, as well as free and instant transfers to other X Money users.
In addition, there is 3% cashback on eligible purchases with the X card, support for wire transfers and checks, and Passkey authentication.
You can set individual limits and require authentication for certain transactions. Every card transaction is protected by Visa’s security and risk management tools. Deposits are held at Cross River Bank, a member of the FDIC, and are insured up to $250,000.
This is the latest step in Elon Musk’s plan to turn X into a super app. Real money was a key missing piece of the puzzle, and now it’s here – at least for Premium and Premium+ subscribers in the US.
