Online account · FDIC insured through partner banks
X Money
Your money is held at Cross River. Based in Bastrop, TX. It opens accounts online nationwide.
Rates
No Carrot Score: scores compare banks and credit unions, and X Money holds your money at Cross River. Its rates are below, with what each one takes.
- Savings—4.00%6.00% with extra requirementsSavings rates →
X Money isn’t a bank. Deposits are FDIC-insured through Cross River up to $10,000,000 per depositor, as X Money states; that covers a bank failing, not X Money.
About X Money
X Money is the money account inside X; its Stored Value Account holds, sends and manages your funds on the X platform.
Cross River Bank provides the account and X Payments LLC, whose parent is X Corp., runs it; X Payments is not a bank.
Balances are held at Cross River Bank and automatically swept to other FDIC-insured banks through IntraFi's ICS network.
- Headquarters
- Bastrop, TX
Eligibility
Who can open an account
From X Money’s own terms and help pages. Check with X Money before you apply.
- Must be a U.S. resident.
- Minimum age: 18.
- Must have an X account in good standing and a verified U.S. phone number.
- Limited rollout: available only to select U.S. users for now; X notifies you when it's available on your account.
- New York residents can open an account but earn no interest.
- You may be asked for your Social Security number to verify your identity.
- No X subscription is needed for the account or to earn interest; a subscription only affects the rate.