Elon Musk's X Money app is launching in the U.S. for paid X subscribers, featuring an X Visa debit card that supports instant peer-to-peer transfers with no fees or limits. Users can add the card to Apple Pay and also receive a physical version with no foreign transaction fees and free worldwide ATM cash withdrawals. Premium+ users can earn 6% APY while Premium users can gain the same rate with direct deposit linking. Users may also receive up to 3% cash back on certain purchases and access funds early if linked to direct deposit. This rollout aligns with Musk's vision of transforming the platform into an "everything app."

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In Brief

Posted:

7:57 AM PDT · July 28, 2026

Image Credits: X Money

Amanda Silberling

Elon Musk’s X Money app is rolling out in the US

X is launching its X Money app for paid X subscribers in the United States.

Users get an X Visa debit card, which they can immediately add to Apple Pay and use to make instant peer-to-peer transfers within the app without fees or limits. They will also receive a physical X Visa debit card that, according to X Money, has no foreign transaction fees and offers free cash withdrawals at worldwide ATMs.

Your money, on the world’s most powerful network

𝕏 Money is rolling out to U.S. Premium and Premium+ subscribers starting today pic.twitter.com/2c1UMkB4Kn

— X Money (@XMoney) July 27, 2026

X Premium+ users (who pay $40 per month or $395 per year) are eligible for 6% APY, while Premium users (who pay $8 per month or $84 per year) can access the 6% rate if they link a direct deposit to their X Money account. X Money also says that users can get up to 3% cash back on certain purchases, and if they link a direct deposit, they can access that money a few days early.

The release of X Money reflects a decades-long dream for Elon Musk. In 1999, he founded X.com as a financial services startup, which later merged into PayPal. When he acquired Twitter in 2022, Musk changed the name of the platform to X and repurchased the X.com domain name.

Since the Twitter acquisition, Musk has repeatedly stated that he wants to turn the social platform into an “ everything app,” and the rollout of X Money is part of that ambition.

Topics

Apps, Elon Musk, In Brief, X

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