X Money launches in the U.S. with Visa debit card, Apple Pay support, and 6% APY for eligible subscribers
X is moving deeper into digital finance with the launch of its X Money app for paid subscribers in the United States. The new service brings banking-style features directly into the X platform, giving users access to a Visa debit card, instant payments, cash-back rewards, and high-yield savings perks.
One of the biggest features is the X Visa debit card. Users can add the card to Apple Pay right away, allowing them to start spending immediately without waiting for a physical card to arrive. X Money also supports instant peer-to-peer transfers inside the app, with no fees or limits mentioned for those payments.
Subscribers will also receive a physical X Visa debit card. According to X Money, the card comes with no foreign transaction fees and offers free cash withdrawals at ATMs around the world, making it useful for both everyday spending and international travel.
X Money is also offering a 6% APY option for eligible users. X Premium+ subscribers, who pay $40 per month or $395 per year, can qualify for the 6% rate. Regular X Premium subscribers, priced at $8 per month or $84 per year, can also access the 6% APY if they connect a direct deposit to their X Money account.
The service includes additional financial incentives. X Money says users can earn up to 3% cash back on select purchases. Those who link direct deposit may also be able to receive their paycheck a few days early, a feature commonly offered by modern financial apps.
The launch of X Money marks another step toward Elon Musk’s long-running goal of building a broad financial ecosystem around the X brand. Musk originally founded X.com in 1999 as an online financial services company before it eventually became part of PayPal. After acquiring Twitter in 2022, he renamed the platform X and brought back the X.com identity.
Since taking over the social network, Musk has repeatedly described his plan to transform X into an “everything app” that combines social media, payments, communication, shopping, and financial services. The rollout of X Money is one of the clearest signs yet that the company is trying to move beyond social networking and compete in the digital payments space.
For U.S. paid subscribers, X Money could become a convenient way to manage spending, send money, earn rewards, and access financial tools without leaving the X ecosystem. Its success will likely depend on user trust, regulatory compliance, and whether X can convince subscribers to treat the platform as more than just a place for posts and conversations.
