The X1 Card is a new credit card offered by a startup called X1 that claims to offer higher credit limits and lower interest rates to eligible customers. The X1 Card is primarily designed for individuals with solid income levels, as the card’s credit limits and rewards program are tailored to this demographic.

Yes, it is possible to pre-qualify for the X1 Card. X1 offers a pre-qualification process on their website that allows potential cardholders to check their eligibility without affecting their credit score. To pre-qualify for the X1 Card, you will need to provide some basic information. X1 will then perform a soft credit check to determine whether you meet their initial eligibility requirements.

The X1 Card uses a unique approach to determine your spending limit. Instead of relying solely on traditional credit scoring models, X1 evaluates your income, spending, and savings patterns, and your potential income as well. Because of that, the fintech says customers can get a credit limit 5x higher than a traditional banking card.