What is X Money? Elon Musk’s new app offers payments, banking and 6% yield | World News
X has started a nationwide rollout of X Money. (File Photo) X has begun a nationwide rollout of ‘X Money’, a new financial service built directly into its social media app for Premium and Premium+ subscribers. The launch marks one of Elon Musk’s biggest steps yet toward turning X into an all-in-one platform combining social networking, payments and everyday banking. What does X Money offer? The service includes deposit accounts, instant peer-to-peer payments, a Visa debit card, and direct deposit, all without leaving the app. Subscribers can send money to other X users through their handles with no transfer fees, pay bills, send wire transfers, mail physical checks, and receive paychecks. Eligible users may get their paycheck up to two days earlier than a traditional bank deposit. With 𝕏 Money, you get: • Free, instant transfers on 𝕏• Up to 6.00% APY• 3% cashback on eligible purchases with the 𝕏 Card• Early direct deposit — up to two days before your normal payday• Wires, checks, and free ATM withdrawals• Fast, dedicated support when you… — …









