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of X1 card X1+ is a sibling with a $75 annual membership offering unique travel perks and perks.
(Image credit: X1)
Like the original X1, the X1+ is a metal credit card issued by Coastal Community Bank and has an income-focused underwriting process to determine eligibility.is not hard credit check Expect tough questions when you officially accept an offer, but we’ll check to see if you’re prequalified.
X1, the company behind both cards, has released a waiting list for the travel-focused X1+, but no specific date for distribution.X1 co-founder and CEO Deepak Rao According to the company, the card will be rolled out in phases according to priority.
Here’s what you need to know about the X1+ card.
What the X1+ card offers
The X1+ shares some features found on the original X1 card. To provide proof of income, you will need to link your bank account through a third-party service provider. According to Rao, the focus on income in the application process may result in a higher credit limit than other credit cards.
But the X1+ card has a long list of travel-focused features that distinguish it from the original X1 card and explain the “plus” in its name.
reward
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4 points per dollar spent on Expedia, Hotels.com and Vrbo.
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2 points per dollar spent on other purchases. (After he spends $1,000 in a month on qualifying purchases, he can increase this to 3 points for every $1. Terms apply.)
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10 points for every dollar spent at a few select merchants only when you shop on the X1 app.
🤓geek tips
The original X1 card earns flat 2 points for every $1 spent. However, both cards offer ways to increase your reward rate by reaching a friend referral or spending threshold.
Travel redemption and rewards
As with the original X1 card, rewards earned with the X1+ card can be redeemed for cash back at a rate of 1 cent per point or statement credit for purchases at select merchants. However, the list of eligible merchants for the X1+ card also includes travel specialty companies such as Four Seasons, Intercontinental, Westin, Emirates, Hawaiian Airlines and JSX (Jet Service for Personal Travel). Points are also worth a penny each for these travel-related redemptions.
Other X1+ features include:
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Complimentary lounge access during flight delays: Cardholder and up to 4 additional passengers may priorityy pass airport lounge If your flight is delayed by more than 1 hour.
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Access to On Demand Lounge: Rao said cardholders can purchase lounge access at discounted rates at more than 1,000 Priority Pass lounges.
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Travel benefits: For baggage delay, cardholders are entitled to $100 per day protection for 3 days. In the case of lost baggage, cardholders are entitled to $3,000 in protection per trip. Trip cancellation coverage is also offered, up to $5,000 per person per trip. Also, major coverage is available for domestic and international car rentals.
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Purchase protection: This card covers up to $10,000 per occurrence, including Pouch piracy, with a cap of $50,000 per cardholder.
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Design options: The X1+ is available in three design options: silver, gold and rose gold metal. Cardholders can also choose to hide their number on their card.
Basic function
Future X1+ cardholders can also expect:
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No foreign transaction fees.
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The APR ranges from 15.25% to 27.50% (as of this writing).
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A virtual credit card number that can be used only once for anonymous shopping and payments free trial.
is that a good deal?
The X1+ card is packed with unique and very special features not found on other travel credit cards. lounge access privilegesIt may also be worthwhile for those who prefer to purchase travel through an online aggregator such as Expedia rather than booking directly on airline or hotel sites.
However, in most cases, you have to expect something to go wrong with your travel plans to get the most out of your card’s travel perks. To offset the card’s $75 annual fee, you must spend at least $1,875 annually on travel. (And remember, only three specific sites can earn that rate.)
Similar lounge benefits are difficult to impossible to find on similar travel cards, but the X1+ card is noticeably lacking in what its competitors lack. conduct Offer: Rich, Prepaid, Easy Earning signup bonus, a great help in financing your next vacation. X1+ only offers referral bonus points when someone you know signs up for and is approved for the card.
If you need lounge access and travel benefits, using other travel credit cards can offer more favorable options to offset higher annual fees. But if the idea of paying $100 or more for an annual fee breaks the deal, the X1+ could be a decent alternative for those who value travel protection and useful features that simplify spending.
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