Is it hard to get an X1 card?
How long is X1 credit card waitlist
Marketed as a “smart card,” the X1+ Card features all that the original X1 Card offers, plus additional perks, protections and rewards. The waitlist opens Jan. 26, 2023, and the card will be available to consumers this spring.
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Is X1 credit card a hard inquiry
Does the X1 credit card do a hard pull Yes, but not when you apply. However, accepting the X1 credit card once your application is approved will result in a hard pull on your credit.
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Does X1 ask for proof of income
To be considered for the X1 Card, you'll have to provide proof of income by linking a bank account through the option offered by X1. The credit limit you receive will be based on your current and (projected) future income.
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What are the cons of the X1 card
X1 Card cons
You can only redeem with merchant partners: Although there are 40-plus retail partners, you are only eligible to redeem your points with those specific companies, other than redeeming points as a statement credit. This is somewhat restrictive, and partners can change without notice.
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What income do you need for X1 card
Simultaneously, there are individuals that report not being approved or having a relatively low limit. This is despite having a high annual income of $90,000 or more. However, a general consensus is to apply when your score is above 670 and you earn a stable income.
What is the limit on X1
Review of X1 Credit Card
Some of its benefits include higher credit limits, no annual fee, and rewards that are up to five times higher than other rewards cards. According to X1, the average credit limit is $24,300 per cardholder.
What income do you need for an X1 card
Simultaneously, there are individuals that report not being approved or having a relatively low limit. This is despite having a high annual income of $90,000 or more. However, a general consensus is to apply when your score is above 670 and you earn a stable income.
How many people have the X1 credit card
X1's waitlist has 500,000 people on it, according to Rao. Chan said hearing users rave about the card's interface helped sway him in its favor.
What credit score do you need for X1 card
The X1 Card terms and conditions don't mention a minimum credit score to apply (like every credit card). That said, it's still best to apply with a score of 670 or higher, a clean credit history, and minimal hard credit inquiries from the past 24 months.
Which credit bureau does X1 pull from
What credit bureau does X1 card use Users report a hard pull from Experian upon approval and reporting to Experian and Transunion. The card should start to report to all three bureaus once they have enough cardholders to do so.
What income do you need for X1
Simultaneously, there are individuals that report not being approved or having a relatively low limit. This is despite having a high annual income of $90,000 or more. However, a general consensus is to apply when your score is above 670 and you earn a stable income.
How do you get approved for X1
There is no disclosed X1 Credit Card income requirement. When it comes to income, the only thing that will be taken into account is whether you will be able to afford paying your new line of credit or not. Having said that, it is also worth noting that the card only accepts applicants with excellent credit.
What is the normal credit limit for one card
But even with good credit, the average credit limit you can expect to get with a first credit card is generally between $500 and $1,000. Average credit: If you have fair credit, expect a credit limit of around $300 to $500. Poor credit: Credit limits between $100 and $300 are common for people with poor credit scores.
What is the spending limit on X1 card
Review of X1 Credit Card
Some of its benefits include higher credit limits, no annual fee, and rewards that are up to five times higher than other rewards cards. According to X1, the average credit limit is $24,300 per cardholder.
What is the credit requirement for X1 card
The X1 Card terms and conditions don't mention a minimum credit score to apply (like every credit card). That said, it's still best to apply with a score of 670 or higher, a clean credit history, and minimal hard credit inquiries from the past 24 months.
Does X1 credit card affect credit score
It's worth noting that applying for the X1 Credit Card will not impact your credit score.
What is the credit limit for 50000 salary
What will be my credit limit for a salary of ₹50,000 Typically, your credit limit is 2 or 3 times of your current salary. So, if your salary is ₹50,000, you can expect your credit limit to be anywhere between ₹1 lakh and ₹1.5 lakh.
What credit limit can I get with a 750 credit score
The credit limit you can get with a 750 credit score is likely in the $1,000-$15,000 range, but a higher limit is possible. The reason for the big range is that credit limits aren't solely determined by your credit score.
What is the minimum credit score to get a credit card
There is no minimum credit score needed for a credit card. Even borrowers with poor credit (a score of 300) or no credit card at all can qualify for some credit cards. However, options for bad-credit borrowers are limited and usually come with a high annual percentage rate (APR) and fees.
What income do I need for X1 card
Simultaneously, there are individuals that report not being approved or having a relatively low limit. This is despite having a high annual income of $90,000 or more. However, a general consensus is to apply when your score is above 670 and you earn a stable income.