The X1 credit card is designed for a new generation of cardholders with their smart features. It’s made to transform how you shop and spend.
This card lets you earn 2X points for every dollar spent and 3X points on every dollar spent for the year if you spend $15k+ on the card in that year. Not only that, you also have a chance on earning 4X points on every dollar spent for a month for every friend you refer!
Not only that, the X1 card offers credit limits up to 5X higher compared to other traditional cards. So higher credit limits means you can spend the same amount with lower utilization, this can help boost your credit score.
Continue reading below to learn more about X1’s smart features and see if this card is the one for you!
Update 12/1/22: The 3X points reward is now capped at $7,500 per spend per month. You get 3X on every purchase after you spend $15K.
X1 Credit Card Summary
|Bonus Available||No sign-up bonus available for this card|
|Ongoing Rewards/Benefits||Earn rates:
Credit limit is based on income, not credit score
Accepted anywhere Visa is accepted
|Balance Transfer Fee||2%|
|Foreign Transaction Fees||None|
(Visi the link above to sign up for the X1 credit card)
* You can compared the X1 credit card with other credit card bonuses!
|Chase Sapphire Preferred® Card 60K Points after $4,000 spend within 3 months.||Chase Freedom FlexSM $200 Bonus after $500 spend within 3 months|
|The Platinum Card® from American Express 80K Points after $8,000 spend within 6 months. Terms Apply.||Capital One Venture Rewards Credit Card 75K Points after $4,000 spend within 3 months|
|American Express® Gold Card 60K Points after $4,000 spend within 6 months. Terms Apply.||Chase Freedom Unlimited® Card earn an additional 1.5% cash back on everything you buy (on up to $20K spent in the first year) - worth up to $300 cash back!|
|Blue Cash Preferred® Card from American Express $250 Welcome Offer after $3,000 spend within 6 months. Terms Apply.||Blue Cash Everyday® Card from American Express $200 Welcome Offer after you spend $2,000 in purchases on your new Card within the first 6 months. Terms Apply.|
|Ink Business Preferred® Card 100K Points after $8,000 spend within first 3 months||Ink Business Unlimited® Credit Card $900 Bonus after $6,000 spend within 3 months|
|U.S. Bank Altitude® Go Visa Signature® Card $200 Bonus after $1,000 spend within 90 days||Capital One Quicksilver Cash Rewards Card $200 Bonus after $500 spend within 3 months|
Earning With X1 Rewards
The X1 card allow cardholders to earn points for every purchase. They can earn from a varying rate of 2X-4X for every dollar they spend.
X1 Rewards Structure:
- Earn 2X on all purchases
- Earn 3X on all purchases for the year if you spend $15,000 on the card annually
- Invite friends and earn 4X on all purchases for a month for every friend you refer.
Not only that, there is no limit to how much you can earn and points never expire.
Redeeming X1 Reward Points
When it’s time to redeem your rewards, you can use them for purchases at select merchants. Please note that the value of the points is adjusted based on the vendor you want to use them with.
You can choose from over 100 brands and the the base value is 1 cent per point and it will go up to 2 cents per point. The list of merchants includes Alaska Airlines, Apple, Airbnb, Asos, Casper, Crate & Barrel, Delta Air Lines, jetBlue, Nike, Patagonia, REI, Sephora, Supreme, Wayfair and more!
Not only that, you can use your point as a part of your purchase and you don’t have to wait until you have enough to redeem.
X1 Card Smart Features
The X1 Smart Card comes with smart features that cardholders can take advantage of. Features like:
Create virtual credit cards with an expiration period you want
This is good for those who signs up for trials and not wanting to get charged when they forget to cancel. It’s also great if you want to make sure that certain payments never exceed a set date.
Create virtual credit cards to give as gifts
With this feature, you can create a virtual credit card to send to someone and load it up with as much money as you want and they can use it online anywhere Visa works! Not only that, you can create as many virtual credit cards as you want – quickly and easily through the app.
Instant notification on refunds
Furthermore, you can also receive an auto alert when a refund if issues on the card. This is useful since you’ll know when the refund happens instead of having to try to remember and check for it.
Attach receipt to purchases
You can see receipts on your purchases when you use the X1 Card! It’s great for those unrecognizable charges that you might have forgotten or if you ever need a receipt for taxes or reimbursement, you’ll have it capture for you automatically.
There is also an incognito mode where you can shop and not have any of your personal information tracked.
If you ‘re tired of paying high annual fees just to earn decent rewards, then consider checking out the X1 Credit Card. It has no annual fee, no hard pull and you can earn up to 4X!
Keep in mind that there is no application available yet, just a waitinglist, so once it’s out you’ll be able to sign up and start using the card once you’re approved!
If you’re interested on signing up for other credit cards, review our complete list of credit card promotions for other cards to compare.