Deposit accounts are held at Cross River Bank, Member FDIC, and insured up to $250,000. Deposits are automatically enrolled in a cash sweep program, which provides up to $10M of aggregate FDIC pass-through deposit insurance coverage, across participating FDIC-insured network banks, subject to limits. Certain conditions must be satisfied for deposit insurance coverage to apply, see terms: X Payments LLC is not an FDIC-insured bank. Deposit insurance only covers the failure of an insured bank.
Security is at the core of 𝕏 Money:
• Your Money account is secured with passkeys for safe and fast authentication
• Set custom limits and require authentication for the transactions you choose
• Every card transaction is protected by Visa’s security and risk management capabilities
• FDIC insurance up to $10M through our Cash Sweep Program
With 𝕏 Money, you get:
• Free, instant transfers on 𝕏
• Up to 6.00% APY
• 3% cashback on eligible purchases with the 𝕏 Card
• Early direct deposit — up to two days before your normal payday
• Wires, checks, and free ATM withdrawals
• Fast, dedicated support when you need it