Brandon Fletcher
Exclusive Access for Premium and Premium X Subscribers to Experience Banking with Elon.
The latest innovation from the social media platform now known as X is a financial services solution called X Money. Currently, this service is available exclusively to Premium and Premium+ subscribers in the United States, who are over 18, following a beta phase that was accessible by invitation only.
Your money, on the world’s most powerful network
𝕏 Money is rolling out to U.S. Premium and Premium+ subscribers starting today pic.twitter.com/2c1UMkB4Kn
— X Money (@XMoney) July 27, 2026
X Money provides users with a deposit account, options for peer-to-peer payments, and a debit card integrated within the app. This service features collaborations with major financial entities like Visa and Apple Wallet. Users can access a digital debit card as well as a physical metal card, which can be customized to display their unique X handle. Additional benefits include an attractive annual percentage yield (APY) of up to 6.00%, 3% cashback on select purchases, no foreign transaction fees, and the advantage of early direct deposit. The interest rate offered is contingent upon factors such as the user’s X subscription level or regular deposit activities. As with many financial offerings, certain services may not qualify for cashback rewards. Although X Payments LLC does not carry FDIC insurance, all deposits are held at Cross River Bank, an FDIC member, ensuring that balances are insured.
The development of a payments application was anticipated from X, aligning with the company’s broader objective of evolving into an “everything app.” While it may raise questions about the trustworthiness of a financial platform associated with this individual and focused on an AI chatbot, the option to utilize this service is now available for those interested.
Daniel Mercer
