X1 Credit Card Review 2022: Can It Help You Boost Your Credit?

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Quick take: The X1 credit card is a unique offering in that credit scores do not play a major role in approval, credit limits are often significantly above average, and the card itself comes in the form sleek stainless steel, not plastic. Points are also easy to accumulate on this rewards card. Cardholders receive two points for every dollar on every purchase throughout the year, three points for every dollar spent when spending $15,000 or more per year, and four points for every dollar spent for an entire month. recommend a friend.

  • Accessibility
  • Credit limit
  • Earn and redeem rewards
  • Fees and interest

How did we calculate this?


  • High chances of approval
  • Significant credit limit
  • Earn loyalty points quickly
  • $0 annual fee
  • Reasonable interest
  • No foreign transaction fees
  • Virtual credit cards
  • Improve credit score
  • Easily cancel subscription payments
  • Anonymous expenses

The inconvenients

  • No cash back
  • High credit limit

Introducing the X1 Credit Card

The X1 is a 17 gram card made of pure stainless steel and equipped with unique advantages. Unlike the average credit card, the X1 approval process does not consider credit scores. The lender is only interested in the income of the borrower.

Another main attraction of the card is the high credit limit combined with a competitive interest rate. The company’s website suggests that the average credit limit is $24,300, with interest rates ranging from 13.00-20.00% variable APR.

The rewards card does not limit the amount of rewards cardholders can earn in a year. Instead, the X1 credit card increases the rewards rate per dollar when cardholders spend $15,000 per year or more.

The X1 card was developed with cardholder protection in mind. Cardholders can make anonymous purchases, cancel subscriptions with one click, and create temporary virtual credit cards that can be used to automatically cancel free trials.

Who is the X1 credit card for?

The X1 credit card is best for consumers who have a high level of income and are looking to access a high revolving credit limit. Due to the high credit limits offered, the best candidate would display a high level of self-control and a great ability to manage debts.

Key Features of Credit Card X1

The most impressive features of the X1 credit card include:


Most credit cards that do not rely on credit for approval are secured by a deposit made by the cardholder. The X1 card offers an unsecured line of credit regardless of the applicant’s credit score, making it one of the few options for people with poor credit to access unsecured funds.

There is a point of contention in terms of map accessibility. Approval is based primarily on the applicant’s income, with higher income levels correlating to higher chances of approval. There is a moderate correlation between high income and high credit scores, so some consumers who find it difficult to access unsecured credit will also find it difficult to access an X1 credit card.

Credit limit

The X1 website suggests credit limits are up to five times the industry average, with the average X1 credit limit being $24,300. The limit granted to cardholders is based on current and future income and will increase automatically at the discretion of the lender.

Although access to a higher credit limit is generally seen as a plus, those who take advantage of this credit card should think carefully about how much of the bloated credit limit they receive they are willing to draw down.

Earn and redeem rewards

Earning rewards is a snap with the X1 Card, and there’s no limit to how much cardholders can earn in a year. Earned points also have no expiration date. The rewards program offers two points for every dollar spent on all purchases. Cardholders who spend $15,000 per year will earn three points per dollar spent. When cardholders refer a friend who is approved, they earn four points for every dollar spent for an entire month.

X1 Rewards Points can be redeemed through a large and growing list of over 100 retailers across travel, technology, fitness and retail. Each point redeemed is worth at least a penny and could be worth more depending on the retailer at which the cardholder chooses to redeem the points. Unfortunately, the X1 card does not offer cash back. Therefore, cardholders are limited to partner retailers when redeeming their rewards points.

Fees and interest

The X1 credit card comes with competitive fees. See the table below outlining the fee structure on the card:

Costs Cost
Standard interest rate 13.00 – 20.00% variable APR
Balance transfer interest rate 13.00 – 20.00% variable APR
Interest rate on cash advances 20.00% variable
Annual fees $0
Foreign transaction fees $0
Balance Transfer Fee 2% of the transfer amount
Cash advance fees 2% of the advance amount
Overlimit Fee $0
Late payment fees $0
Returned Payment Fee $10
Replacement card $25

Other benefits of the X1 credit card

X1 cardholders also benefit from the following features:

Virtual credit cards

Cardholders can create virtual credit cards that automatically expire on a date of their choosing. This makes it easy to cancel free trials by simply setting the virtual card to expire the day before the free trial becomes a paid subscription.

metal credit card

While most credit cards are plastic and will degrade over time with frequent use, the X1 Credit Card is stainless steel and built to last. Even if cardholders swipe their cards enough to cause friction fires, the metal payment method will continue to work reliably.

One-click subscription cancellations

In some cases, people find it difficult to cancel unwanted subscriptions. X1 cardholders avoid pitfalls when they want to end a subscription by taking advantage of the one-click subscription cancellation feature offered with the card.

Anonymous expenses

X1 cardholders can shop online anonymously without disclosing any personal information.

Comparable cards to consider

Some of the best X1 credit card alternatives include:

Apple Card

Integrated directly into Apple Pay, the Apple Card can be managed from the holder’s iPhone and offers a high level of security. One of the main attractions of the card is the fact that cardholders pay no fees other than interest. This means there are no annual fees, foreign transaction fees, or $0 late payment fees.

As with the X1 Credit Card, the application for the Apple Card will have no impact on the applicant’s credit, although once approved their activity will be reported to the three major credit bureaus. Plus, cardholders earn up to 3% cash back on purchases on an unlimited basis.

petal card

The Petal Card gives cardholders the ability to create and manage credit, and applicants’ credit scores are not considered for approval. When applying for a card, Petal does not only consider the applicant’s credit rating. The company uses bank history to create an instant cash score that can help applicants get approved for a better deal.

Once they become members, cardholders have access to the Petal app, where they can track and manage their credit scores and all of their financial accounts in one place.

Final grip

The X1 credit card is an attractive option for high-income earners with a strong sense of self-control and strong debt management skills.

X1 Credit Card FAQ

Here are the answers to some of the most frequently asked questions about the X1 credit card.
  • Does the X1 credit card affect credit score?
    • The X1 credit card reports activity to the three major credit bureaus. Since Credit Card X1 does not use credit scores in its approval determination, this will not affect the credit scores of those who are declined. Those who are approved will see an evolution of their credit scores based on their activities with the card, including payment history and credit usage.
  • Who is behind the X1 card?
    • The X1 card was founded by Twitter executives Deepak Rao and Siddharth Batra. He also has the support of Max Levchin, David Sacks and Michael Dearing, co-founder of PayPal, founding COO of PayPal and founder of Harrison Metal respectively.
  • What income do you need for the X1 card?
    • The X1 credit card website explains that income is considered for the approval process, but does not specify the amount of income that applicants must be approved for. However, the higher the applicant’s income, the better the chances of approval.
  • Is X1 a charge card or a credit card?
    • The X1 card is a credit card, which means users will be able to carry over balances from month to month, rather than having to pay off the card in full each month.
  • How to redeem X1 points?
    • Cardholders can redeem their X1 Points by clicking on the “Rewards” tab of the X1 mobile app. On the Rewards page, users can choose from a growing list of rewards partners that accept X1 Points as payment.

Editorial Note: This content is not provided by X1 Card. Any opinions, analyses, criticisms, ratings, or recommendations expressed in this article are those of the author alone and have not been reviewed, endorsed, or otherwise endorsed by X1 Card.

Rates and fees are correct as of March 25, 2022.

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