Elon Musk’s X Money app is rolling out in the U.S.

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 which, 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 network𝕏 Money is rolling out to U.S. Premium and Premium+ subscribers starting today pic.twitter.com/2c1UMkB4Kn 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. Scale faster. Grow your portfolio. Gain practical expertise. No matter your goal, Disrupt can empower you.Save up to $330 today! Newsletters See More Subscribe for the industry’s biggest tech news Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility is your destination for transportation news and insight. Startups are the core of TechCrunch, so get our best coverage delivered weekly. Provides movers and shakers with the info they need to start their day. By submitting your email, you agree to our Terms and Privacy Notice.