X Money Launches With High Yields | Washington DC News

Washington DC News Today | 2 Min News | The Daily News Now! · Jul 29, 2026 · 1m

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…