X1 Card

Quick Snapshot

• Annual Fee: $0
• APR: 19.99%-29.99% variable
• Rewards: 2X points on all purchases, up to 4X on select purchases and with referral boosts. Points redeemable for statement credits, travel, and gift cards.
• Bonus: No traditional welcome bonus
• Best For: Income-rich applicants who want high base earning rates and modern virtual card features
• Credit Needed: Good to Excellent (670+)

Overview

The X1 Card takes a modern approach to credit by using your income rather than just your credit score to determine your credit limit. This means higher-income applicants can receive credit limits of $10,000 to $50,000 or more, even with limited credit history. The card earns 2X points on every purchase with the potential to earn up to 4X through promotional boosts and referral bonuses.

One of X1's standout features is its virtual card system. You can generate unlimited virtual card numbers for online shopping, each of which can be set to auto-lock after a single use, expire on a specific date, or be restricted to a specific merchant. This provides exceptional security for online transactions and makes it easy to manage subscriptions and free trials without risking unwanted charges.

X1 points can be redeemed for statement credits, travel bookings, gift cards, and other options through the X1 app. The card has no annual fee, no foreign transaction fees, and no penalty APR. The income-based underwriting model makes this an attractive option for high earners who may not have a long credit history, such as young professionals or tech workers with strong compensation packages.

APR Breakdown

• Purchase APR: 19.99%-29.99% variable
• Balance Transfer APR: N/A
• Cash Advance APR: N/A
• Penalty APR: None

Note: Variable APR of 19.99%-29.99% based on your income and creditworthiness. No penalty APR.

Benefits Overview

Earning Structure

• 2X points on all purchases with no category restrictions
• Up to 4X points through promotional and referral boosts
• No caps on points earned
• Points do not expire while account is active
• Multiple redemption options including statement credits and travel

Virtual Card Controls

• Generate unlimited virtual card numbers
• Auto-lock virtual cards after single use for online shopping
• Set expiration dates on virtual cards for free trials
• Restrict virtual cards to specific merchants
• Instant virtual card issuance for immediate use

Income-Based Approval

• Credit limit based on income, not just credit score
• Higher limits available for high-income applicants
• Accessible to those with shorter credit histories but strong income
• No annual fee
• No foreign transaction fees

Rewards & Points

• 2X points on all purchases
• 3X points with select promotional boosts
• 4X points with referral and stacking bonuses

X1 points can be redeemed for statement credits at approximately 1 cent per point, travel bookings, gift cards, and merchandise. Referral bonuses and promotional boosts can temporarily increase earning rates to 3X or 4X on all purchases.

Welcome Bonus

X1 does not offer a traditional sign-up bonus. The card's value is based on its high ongoing earning rate of 2X-4X points on all purchases and the modern virtual card features. X1 occasionally runs promotional campaigns for new cardholders that may include elevated earning rates for the first few months.

Fees Summary

• Annual Fee: $0
• Foreign Transaction Fee: $0
• Late Payment Fee: Up to $39
• Cash Advance Fee: N/A
• Balance Transfer Fee: N/A
• Returned Payment Fee: Up to $39

Who This Card Is Best For

Ideal For

• High-income earners who want credit limits that reflect their income rather than credit history length
• Online shoppers who want virtual card numbers for security and subscription management
• Young professionals who have strong income but limited credit history
• Tech-forward users who appreciate modern card management features

Not Good For

• Low-income applicants who may not qualify for competitive limits under income-based underwriting
• Cash back purists who prefer straightforward cash back over points
• Bonus chasers who want a large sign-up bonus

Key Pros & Cons

Pros

• 2X points on all purchases with no category restrictions
• Up to 4X with referral and promotional boosts
• Income-based credit limits can be significantly higher than score-based cards
• Unlimited virtual card numbers for online security
• Auto-locking and expiring virtual cards for free trial management
• No annual fee
• No foreign transaction fees
• No penalty APR
• Modern app with intuitive controls
• Accessible to high earners with shorter credit histories

Cons

• No traditional welcome bonus
• Points value can vary depending on redemption method
• 4X rate requires referrals or promotional participation
• Newer issuer with less established track record
• No balance transfer option
• No purchase protection or extended warranty benefits
• Limited physical card perks compared to premium travel cards

Alternatives to Consider

How the Rewards Add Up

Example Annual Value

At a 1 cent per point baseline, 2X on $30,000 returns $600 annually. With referral boosts pushing portions of spending to 4X, total value can reach $800+. Income-based limits make this especially useful for high earners.

Should You Get This Card?

You Should Get It If...

• You have a high income and want a credit limit that reflects it
• You shop online frequently and want virtual card security features
• You want 2X or more on every purchase with no category management
• You are a young professional with strong income but limited credit history
• You want a no-annual-fee card with modern digital features
• You can leverage referral bonuses to earn up to 4X
• You value subscription management tools for free trials

You Should Skip It If...

• You want a large sign-up bonus
• You prefer traditional cash back over points
• You want established issuer reputation and long track record
• You need balance transfer capabilities
• You want premium travel perks like lounge access
• Your income is below average and you may not receive a competitive limit

Apply Now

Apply for X1 Card

Information accurate as of May 2026. Terms and conditions apply. Please visit the issuer's website for the most current information.