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From marketing copy:
"A metal credit card based on your income, not credit score"
From small print:
"Actual credit limits subject to credit approval and underwriting"
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@mickc79 It also says "X1 Card offers credit limits up to 5X higher than traditional cards. Higher limits mean you can spend the same amount with lower utilization, which can boost your credit score." so at least it's not completely empty marketing language.
cool concept, with the value they are providing consumers they are really squeezing their margins. They are going to need to scale quick or won't be able to survive.
They talk about credit limits in the $5,000 range, and that they're 5X what normal credit cards are, that would mean a $350,000 credit limit for me.... we'll see https://x1creditcard.com/r/34J1pgL
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