Tag Archives for x1 card.
Two years ago I wrote about the X1 Card. It was coming, and would potentially be a game-changer – a no annual fee card that earned up to 4x on all spend. It rolled out slowly, for a long time only available by referral. But it’s finally available and it is potentially very lucrative.
We don’t know enough about this product yet to have a real idea of its value – if you can actually generate a 4% return through spend and referrals that’s going to be really strong, but most people won’t be able to successfully refer someone every month.
Referrals aside then we’re talking about 2% back on the first $15,000 of spend each year. This card is only interesting for spend above $15,000 to get to 3% back. But you’re going to have to spend substantially more than $15,000 on the card before you’re really getting enough value to make the higher rate of return worthwhile.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
