# X Money begins limited US rollout

- URL: https://talkfuse.com/story/x-money-begins-limited-us-rollout/
- Published: 2026-07-27T22:04:17+00:00
- Updated: 2026-07-27T22:13:52+00:00
- Original publisher: Engadget
- Original article: https://www.engadget.com/2224633/x-money-begins-limited-us-rollout/
- Topics: Americas, World

## Key points

- X Money launches for US Premium subscribers after invite-only beta
- Offers deposit accounts, P2P payments and a debit card
- Funds held at FDIC-insured Cross River Bank, not X itself

## Summary

X, the social media platform formerly known as Twitter, has begun a limited US rollout of X Money, a financial services product previously trialled through an invite-only beta. The service is currently restricted to Premium and Premium+ subscribers aged 18 and over, marking another step in owner Elon Musk's push to turn X into an "everything app" that combines social networking with payments and banking.

X Money provides a deposit account, peer-to-peer payments and a debit card accessible within the app, with integrations for Visa and Apple Wallet. The card is available digitally or as a customisable physical metal version bearing the user's X handle, and the service advertises perks including up to 6.00% APY, 3% cashback, no foreign transaction fees and early direct deposit, though rates depend on subscription tier and deposit habits. X Payments LLC itself is not FDIC-insured, but customer funds are held at Cross River Bank, an FDIC member, meaning deposits are insured.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.