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X Money’s 6% Yield Is a Trap | Raleigh News
Description
Elon Musk’s X platform just dropped a six percent APY savings rate — way higher than traditional banks — but here’s the catch: it’s only for paying subscribers, and the real cost? You’re paying Musk to earn that extra interest. With subscription tiers starting at $8/month up to $400/year, the math doesn’t add up for most people — unless you’ve got tens of thousands saved. It’s not sustainable banking, it’s a flashy marketing stunt that turns interest into a premium service. The headline’s juicy, but the reality? You’re paying to play.
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