Credit line slashed and reward are worthless
X1 advertises great rewards and high credit limits. I’ve held the card since day one. Over time, the rewards have been stripped.
Previously, you hit $15k annual spend and were awarded 15k points on past purchases and 3x points on all purchases forward. This was cut.
My credit is over 845 with less than 4% utilization over all available credit lines. This morning I was notified that X1 slashed my credit limit by 75% because I wasn’t charging enough. This card is still regularly used, and I had the same $25k credit limit since day one.
Avoid this card if you care about rewards (value $0.006/point if not redeemed with partner) or your credit score.