Why the X1 is a game-changing credit card

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There’s a sleek new credit card on the market, backed by many big names in tech, finance and social media, including co-founders Deepak Rao and Siddharth Batra (of Twitter fame), Max Levchin (co-founder of Spark Capital and PayPal), and David Sacks (founding COO of PayPal).

say hello to X1, a credit card that exudes style through its design, but has no annual fee and offers a solid income structure. Everything from X1’s application process to its instant redemption opportunities differs from the credit card mainstay.

With a waiting list of 600,000 people, the card became available to the public in mid-September and caught our eye as a respectable travel credit card thanks to redemption opportunities on multiple airlines and other partners. of travel. Here we take a look at some of the qualities that make the X1 card a disruptor in the credit card industry and why you might want to consider applying for it.

Lines of credit based on income, not credit scores

While most credit cards are approved based on credit scores, X1 approval and a credit limit are based on current and future income. During the application process, you will be asked to log in to your bank account(s) where paychecks are deposited or earnings are collected. Your credit limit will then be determined based on these accounts. It works in favor of those who have decent money in their accounts each month and relieves those who may not have the credit score to get the best travel credit cards.

A great payout structure for a no-fee card

The X1’s payout structure is smart, simple, and frankly unheard of for a card with no annual fee. You will earn a minimum of two points per dollar spent on the card. If you spend more than $15,000 per year, you will earn three points for every dollar spent. A handy graph in the app helps you keep tabs on how far you’ve reached the three-point multiplier. Once you hit $15,000, all of your previous purchases will earn that extra point per dollar spent.

On the other hand, there is no welcome bonus. One of the most attractive factors for getting a new credit card is a huge lump sum of points or miles. You won’t find that here.

Points are reached and can be redeemed instantly

Credit cards generally require you to wait for a statement to close to receive points or miles. With X1, points are awarded as soon as purchases are made, speeding up the process of redeeming points or earning cash back, both of which are possible within the app with just one click.

Valued at one cent per point, X1 Points can also be redeemed with multiple travel partners at a 1:1 ratio, including:

  • Alaska Airlines
  • American airlines
  • Delta Airlines
  • Jet Blue Airways
  • South West Airlines
  • United Airlines

A full range of insurance and benefits

No-fee cards generally offer fewer benefits than their high-fee counterparts. However, X1 offers the full portfolio of Visa Signature purchase and travel protections more commonly associated with cards with annual fees. These include cell phone protection, trip interruption and cancellation insurance, shopping security, collision damage waiver for car rental, extended warranty protection and return protection.

Other things we like about the map

In addition to the more important things discussed above, there are a few other map features worth mentioning.


The X1 board is made with 17 grams of sleek stainless steel. It looks and feels modern and sexy.


The X1 app has a tab called “Boosts”, which are flash offers on your card. Once you’ve activated an offer, it’s valid for 24 hours, so be careful. Bonuses include the likes of: “Earn three points using Apple Pay or Google Pay”, “Earn five points on your next gas purchase”, “Earn three points on your next grocery purchase” and “Earn three points on your next Amazon purchase.” Who doesn’t love a good bonus?

Virtual card capacity

The X1 app lets you instantly create virtual credit cards, an important feature for those who are concerned about credit card security, want to issue single-use cards, or want to sign up for free trials. Virtual cards work like tokens for digital payment.

Purchase bonuses

You will also earn bonus points for your purchases via the links directly in your app. Of note, earn 3 points on Apple purchases, 10 points on Warby Parker, 10 points on Nordstrom Rack, and 4 points on Bed, Bath & Beyond.

Take away food

With an alternative application process and high pay rate but no annual fee, the new X1 rewrites the credit card narrative. Despite the lack of a welcome bonus, the card has many long-term benefits and is a compelling choice for a card to use for everyday purchases.

Although the offers mentioned above are accurate at the time of publication, they are subject to change at any time and may have changed or may no longer be available.

About Valerie Wilson

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