technology
X Money Expands to More Premium+ Users With 6% APY and Debit Card Limits
@SawyerMerritt reported that X Money is expanding access to additional Premium+ users. The service includes a 6% APY on deposits, up to $10M FDIC insurance, and unlimited 3% cashback on debit purchases.
Jul 20, 3:52 PM·1m read1 source
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X Money has begun rolling out to more Premium+ users, @SawyerMerritt reported, with creator payouts now moving through the service and becoming usable immediately on payout days. The offering provides 6% APY on cash deposits with no limit along with up to $10M of aggregate FDIC insurance and unlimited 3% cashback on eligible debit card purchases.
ACH deposits reach limits of $10M daily and $2M per transfer while free wires and free ATM withdrawals include reimbursement for out-of-network fees.
A metal X Money debit card is available and follows Visa's Zero Liability Policy. Users can send, receive, or request money instantly from anyone on X. Wire limits stand at $75,000 per day and $250,000 per 30 days, while debit card purchases cap at $25,000 per day, though users may request higher limits.
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