X Money Launches With High Yields | Washington DC News

Elon Musk’s X is launching X Money, a real-time cash transfer service with a branded Visa card, partnering with Cross River Bank — and it’s exclusive to paying subscribers. Users get 6% APY on deposits (minimum $1K) and 3% cashback on purchases, but only if they’re on X’s $8/month premium plan. It’s a bold move to compete with Venmo and Zelle, leveraging high returns and perks to attract users — though early adoption and market fit remain to be seen. Thank you to our sponsor Garrett Waller Performance: http://coaching.garrettwaller.com Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5525a991ef7d5eba