TL;DR: Read our honest X1 credit card review. Discover its smart limit, no annual fee, 3x points, and virtual cards. Is it right for you?.
X1 Credit Card Review: Is It Worth the Hype?
Read our honest X1 credit card review. Discover its smart limit, no annual fee, 3x points, and virtual cards. Is it right for you?
Are you looking for a credit card that combines no annual fee with premium perks? The X1 credit card has been making waves with its metal design and unique smart limit. In this X1 credit card review, we'll break down everything you need to know – from rewards and fees to who should apply. Let's dive in.
Watch on YouTubeWhat Is the X1 Credit Card?
The X1 credit card is a metal rewards card with no annual fee. Issued by X1 Inc. and powered by Visa, it offers up to 3x points on everyday purchases and features a smart credit limit that adjusts based on your income. Unlike traditional cards, X1 also lets you generate virtual credit cards for online shopping, adding an extra layer of security.
Originally invitation-only, the X1 card gained a cult following for its sleek design and innovative approach to credit. Today, it remains one of the few metal cards without an annual fee.
Key Features and How It Works
Points Structure: Earn 3x points on all purchases up to $15,000 spent per year, then 2x points on everything after. There's no cap on how many points you can earn.
Smart Limit: Instead of a fixed credit limit, X1 uses your income and spending to dynamically adjust your available credit. Higher income can unlock a higher limit – sometimes up to 4x your stated income.
Virtual Cards: Create unique virtual card numbers for every online merchant. You can set spending limits and pause cards with a tap. This feature is excellent for subscriptions or one-time purchases.
Other Perks: No foreign transaction fees, metal card construction, and a companion Visa Infinite concierge service. Points can be redeemed for statement credits, travel, or gift cards at 1 cent each (or more for travel).
Pros of the X1 Credit Card
- No annual fee. You get a premium metal card and strong rewards without paying yearly fees.
- High rewards rate. 3x points on your first $15k in spending (2x after) beats most no-annual-fee cards.
- Smart credit limit. Your limit grows with your income, potentially offering more flexibility than traditional cards.
- Virtual cards. Unlimited virtual cards add convenience and security for online spending.
- No foreign transaction fees. Great for international travelers.
Cons to Consider
- Invitation-only or waitlist. Not everyone can apply immediately – you may need an invite or join a waitlist.
- No sign-up bonus. Unlike many competitors, X1 offers no introductory bonus points.
- Rewards cap. The 3x rate only applies to the first $15k in spending per year; after that it drops to 2x.
- Customer service. Some users report slow response times and limited phone support.
Who Is the X1 Card Best For?
The X1 card is ideal for moderate spenders who want a metal card without an annual fee. It's also great for online shoppers who will use the virtual card feature. If you have a solid income but don't spend more than $15k annually on your card, X1 maximizes your rewards.
However, high spenders or those who prefer a large sign-up bonus may find better options elsewhere. The smart limit can be a double-edged sword – it adjusts based on income, so if your income is variable, your available credit might fluctuate.
X1 Credit Card vs. Competitors
Chase Sapphire Preferred® Card has a $95 annual fee but offers a big sign-up bonus, transferable points, and travel protections. It's better for frequent travelers.
Capital One Venture Rewards Credit Card charges $95 annually but gives 2x miles on every purchase plus a strong bonus. Great for earning flat rewards.
Citi® Double Cash Card has no annual fee and offers 2% cash back (1% when you buy, 1% when you pay). It's simpler but doesn't have a metal card or virtual cards.
X1 stands out with its metal design, virtual cards, and no annual fee, but it lacks a bonus and its rewards are capped.
Our Verdict
If you can get an invite, the X1 credit card is a solid choice for a no-annual-fee metal card with decent rewards. Its virtual card feature is best-in-class, and the smart limit offers flexibility. However, the lack of a sign-up bonus and the $15k cap on 3x points may make it less appealing for heavy spenders.
We'd recommend it for moderate spenders who value design and security over upfront bonuses. If the waitlist doesn't bother you, apply via our link to start enjoying the perks.
Rating: 4.0 / 5.0
FAQ
How do I get the X1 credit card?
The X1 card often requires an invitation or joining a waitlist. Some users can apply directly through the X1 website if the card is open to the public. Check for current availability.
Is the X1 credit card made of metal?
Yes, the X1 card is made from brushed stainless steel, giving it a premium feel.
What rewards does the X1 card offer?
You earn 3x points on the first $15,000 spent each year, then 2x points. Points are worth 1 cent each for statement credits or travel.
Does the X1 card have foreign transaction fees?
No, the X1 card does not charge foreign transaction fees, making it great for international use.
Can I increase my credit limit on the X1 card?
The X1 card features a smart credit limit that automatically adjusts based on your income and spending. There is no manual credit limit increase request.
Frequently Asked Questions
How do I get the X1 credit card?
The X1 card often requires an invitation or joining a waitlist. Some users can apply directly through the X1 website if the card is open to the public.
Is the X1 credit card made of metal?
Yes, the X1 card is made from brushed stainless steel, giving it a premium feel.
What rewards does the X1 card offer?
You earn 3x points on the first $15,000 spent each year, then 2x points. Points are worth 1 cent each for statement credits or travel.
Does the X1 card have foreign transaction fees?
No, the X1 card does not charge foreign transaction fees, making it great for international use.
Can I increase my credit limit on the X1 card?
The X1 card features a smart credit limit that automatically adjusts based on your income and spending. There is no manual credit limit increase request.
Our Verdict
If you can get an invite, the X1 credit card is a solid choice for a no-annual-fee metal card with decent rewards. Its virtual card feature is best-in-class, and the smart limit offers flexibility. However, the lack of a sign-up bonus and the $15k cap on 3x points may make it less appealing for heavy spenders.
We'd recommend it for moderate spenders who value design and security over upfront bonuses. If the waitlist doesn't bother you, apply via our link to start enjoying the perks.
Rating: 4.0 / 5.0