{"id":727981,"date":"2026-06-26T21:48:10","date_gmt":"2026-06-26T21:48:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/727981\/"},"modified":"2026-06-26T21:48:10","modified_gmt":"2026-06-26T21:48:10","slug":"x-opens-x-money-to-premium-subscribers-ahead-of-launch","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/727981\/","title":{"rendered":"X Opens X Money to Premium Subscribers Ahead of Launch"},"content":{"rendered":"

X<\/a> has taken another step in the rollout of X Money by expanding the tool to members of the top tier of the social media platform\u2019s premium subscription service.<\/p>\n

\u201cToday, we\u2019re releasing [X Money] to a subset of US Premium+<\/a> users to collect feedback and iron out issues ahead of a broader launch,\u201d Dhruv Batura<\/a>, head of X Money, said in a Thursday (June 25) post<\/a> on X.<\/p>\n

Benji Taylor<\/a>, head of design at X and xAI<\/a>, shared an in-app welcome preview video for X Money in a Thursday post<\/a> on X and added that X Money \u201calready has a ton of great features and perks.\u201d<\/p>\n

According to the video, X Money includes accounts for everyday spending, saving, sending and other functions; a custom metal Visa<\/a> debit card with free ATM withdrawals and no foreign transaction fees; the ability to \u201cpay anyone, any way,\u201d including paying rent, sending a wire, mailing a check or paying friends; and the ability to earn interest on deposits, with no minimum balance.<\/p>\n

X Money is secured with passkeys, and account holders\u2019 funds are automatically enrolled in the X Cash Sweep Program that provides access to up to $10 million of FDIC<\/a> insurance. Deposits are held at Cross River Bank, Member FDIC<\/a>, and other FDIC-insured institutions, per the video.<\/p>\n

When X announced its plans for the X Money payment system in January 2025, PYMNTS reported that turning X into a super app<\/a> has long been a goal of Elon Musk<\/a>. The introduction of X Money aims to integrate financial services seamlessly into the social media experience, the report said.<\/p>\n

Later in January 2025, X announced that Visa had become the first partner for the X Money account and that the partnership would allow \u201csecure + instant funding\u201d to an X Wallet via Visa Direct, would connect to the user\u2019s debit card to allow peer-to-peer payments<\/a>, and would give users the option to instantly transfer money to their bank accounts.<\/p>\n

It was reported in April that X Money was moving closer to reality and that early testers<\/a> of the platform had mentioned perks such as 3% cash back on eligible purchases and a 6% interest rate on cash savings.<\/p>\n","protected":false},"excerpt":{"rendered":"X has taken another step in the rollout of X Money by expanding the tool to members of…\n","protected":false},"author":2,"featured_media":727982,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[165,3,3300,258403,108,74592,74,3301,20433],"class_list":["post-727981","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mobile","tag-mobile","tag-news","tag-pymnts-news","tag-social-commerce","tag-social-media","tag-subscriptions","tag-technology","tag-whats-hot","tag-x"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/727981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=727981"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/727981\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/727982"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=727981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=727981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=727981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}