topic Re: When does X1 start reporting to the CRAs? in General Credit Topics

X1 Card Reporting to CRAs?

RootDet — Sat, 16 Oct 2021 06:12:42 GMT

any reports if this card reports to a CRA?

Re: X1 Card Reporting to CRAs?

FireMedic1 — Sat, 16 Oct 2021 16:05:20 GMT

Googled your question:

Quote without much research: "It will report to all three major U.S. credit bureaus, which is exactly what you want as you're building credit. And unlike a lot of starter credit cards, it will even earn relatively rich rewards. But as of now, of course, the X1 Card is not yet on the market, and we don't know who the issuing bank will be."

Re: X1 Card Reporting to CRAs?

rostrow416 — Sat, 16 Oct 2021 14:55:51 GMT

@FireMedic1 wrote:
Googled your question:
It will report to all three major U.S. credit bureaus, which is exactly what you want as you're building credit. And unlike a lot of starter credit cards, it will even earn relatively rich rewards. But as of now, of course, the X1 Card is not yet on the market, and we don't know who the issuing bank will be

It's issues by Coastal Community Bank. It has already launched via invites. Several members have already received their cards.

Re: X1 Card Reporting to CRAs?

Taurus22 — Sat, 16 Oct 2021 15:14:10 GMT

Here's an approval link from just yesterday....

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/X1-Card-finally-reality-21K-SL-SP-Plaid-bank-link/td-p/6425017

And one from five days ago.....

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/X1-Card-Approval/m-p/6422397

Re: X1 Card Reporting to CRAs?

FireMedic1 — Sat, 16 Oct 2021 16:09:33 GMT

@Taurus22 @rostrow416 Well thats nice to know. I only looked if it reported to the CRA's as the OP asked. Thats a quote. Which I fixed. I was leaving for work. I figured someone had it. ¯\_(ツ)_/¯

Re: X1 Card Reporting to CRAs?

Taurus22 — Sat, 16 Oct 2021 16:43:55 GMT

@FireMedic1 It's all good. Just wanted to make you aware it was already being issued at this point. Maybe @4sallypat or @thewally could offer some insight when their statements cut to how they report, which I'm sure it does.

Re: X1 Card Reporting to CRAs?

4sallypat — Sat, 16 Oct 2021 20:09:22 GMT

@Taurus22 wrote:
@FireMedic1 It's all good. Just wanted to make you aware it was already being issued at this point. Maybe @4sallypat or @thewally could offer some insight when their statements cut to how they report, which I'm sure it does.

Yes, according to X1 (Thrive), they messaged back and said it would report to all 3 CRA.

I will have to wait for my first statement since I just got the card yesterday via FedEx overnight.

Don't know what my APR rate is - their mobile app only shows credit line, available credit and payments.

They have excellent customer service (limited to weekdays - banking hours only) but could not help me link a 2FA bank account which is my primary direct deposit account.

Apparently only one bank account can be linked to the X1 Card which is only an issue with me.

When I first signed up, I wanted to link my direct deposit account but couldn't due to 2FA so I used a second bank account that is non direct deposit and that may have reduced the credit limit.

I opted to auto pay every 2 weeks instead of monthly to reduce reporting of a balance since I PIF.

BTW: @thewally got his X1 with a higher SL and he had the same issue with a 2FA account link...

For a new fintech card that does not HP - for a SP card, high limits, and bank link via Plaid - it's definitely what their website says "Smartest Credit Card Ever Made"

Re: X1 Card Reporting to CRAs?

FireMedic1 — Sat, 16 Oct 2021 20:44:15 GMT

@4sallypatWell congrats on your approval.

@Taurus22Its all good.

Re: X1 Card Reporting to CRAs?

RootDet — Sat, 16 Oct 2021 23:19:16 GMT

I was curious and didn't find it poking around their site. i am waiting for an invite myself.

Re: X1 Card Reporting to CRAs?

cashorcharge — Sun, 17 Oct 2021 04:43:50 GMT

@4sallypat wrote:
@Taurus22 wrote:
@FireMedic1 It's all good. Just wanted to make you aware it was already being issued at this point. Maybe @4sallypat or @thewally could offer some insight when their statements cut to how they report, which I'm sure it does.

Yes, according to X1 (Thrive), they messaged back and said it would report to all 3 CRA.

I will have to wait for my first statement since I just got the card yesterday via FedEx overnight.
Don't know what my APR rate is - their mobile app only shows credit line, available credit and payments.

They have excellent customer service (limited to weekdays - banking hours only) but could not help me link a 2FA bank account which is my primary direct deposit account.
Apparently only one bank account can be linked to the X1 Card which is only an issue with me.
When I first signed up, I wanted to link my direct deposit account but couldn't due to 2FA so I used a second bank account that is non direct deposit and that may have reduced the credit limit.
I opted to auto pay every 2 weeks instead of monthly to reduce reporting of a balance since I PIF.

BTW: @thewally got his X1 with a higher SL and he had the same issue with a 2FA account link...

For a new fintech card that does not HP - for a SP card, high limits, and bank link via Plaid - it's definitely what their website says "Smartest Credit Card Ever Made"

Thanks for these added DP's @4sallypat

Re: X1 Card Reporting to CRAs?

uoyankee — Wed, 03 Nov 2021 22:57:42 GMT

Does it report to the credit bureaus?

Re: X1 Card Reporting to CRAs?

FinStar — Wed, 03 Nov 2021 22:58:16 GMT

@uoyankee wrote:
Does it report to the credit bureaus?

@uoyankee - please reference discussion upthread.

Re: X1 Card Reporting to CRAs?

uoyankee — Wed, 03 Nov 2021 23:07:55 GMT

My apologies, I missed these comments when replying and hadn't seen them. I guess I only saw the first few of the review thread... feel free to delete my post. Sorry about that.

Re: X1 Card Reporting to CRAs?

FinStar — Thu, 04 Nov 2021 00:27:49 GMT

@uoyankee wrote:
My apologies, I missed these comments when replying and hadn't seen them. I guess I only saw the first few of the review thread... feel free to delete my post. Sorry about that.

No worries. Often times different discussion can be on multiple forums depending on the topic. I'd suggest perhaps bookmarking this thread (or subscribe if you'd like) so that you can check it in the future once additional DPs are known about the X1 card reporting.

Anyone with an X1 Card Reporting Yet to the Credit Bureaus?

Caribsa89 — Fri, 24 Dec 2021 04:54:01 GMT

I'm checking to see how long X1 takes to report a new card. If you have an X1 card that is already reporting, tell me your approval date and how long it took to report?

Re: Anyone with an X1 Card Reporting Yet to the Credit Bureaus?

sammydavidjr — Fri, 24 Dec 2021 07:01:00 GMT

I was going to ask the same question. I've had the card since 11/3 and still no sign of it on my credit reports.

When does X1 start reporting to the CRAs?

DJRobbieD — Fri, 04 Feb 2022 15:23:22 GMT

I opened my account with them in late November. Two statements cut on 12/19/21 and 1/19/21, but still nothing on my EX, EQ, and TU reports. Have others experienced a long delay in CRA reporting by X1?

Re: When does X1 start reporting to the CRAs?

MachoHombre — Sun, 06 Feb 2022 04:08:09 GMT

@DJRobbieD wrote:
I opened my account with them in late November. Two statements cut on 12/19/21 and 1/19/21, but still nothing on my EX, EQ, and TU reports. Have others experienced a long delay in CRA reporting by X1?

Thanks @DJRobbieD

....you're ahead of me, both in tenure with this card, but also with your succinct question. I'm about a month behind you.

Sidenote, while I was anticipating no HP, ...many days after approval, a HP showed up on Experian with no fan-fare.

I have not had any indication of new account on any CRA.

Let's keep our ears open to others with the card.

Re: When does X1 start reporting to the CRAs?

DJRobbieD — Sun, 06 Feb 2022 04:27:26 GMT

@MachoHombre wrote:
@DJRobbieD wrote:
I opened my account with them in late November. Two statements cut on 12/19/21 and 1/19/21, but still nothing on my EX, EQ, and TU reports. Have others experienced a long delay in CRA reporting by X1?
Thanks @DJRobbieD
....you're ahead of me, both in tenure with this card, but also with your succinct question. I'm about a month behind you.
Sidenote, while I was anticipating no HP, ...many days after approval, a HP showed up on Experian with no fan-fare.

I have not had any indication of new account on any CRA.
Let's keep our ears open to others with the card.

@MachoHombre I'll definitely update this thread if/when my X1 account starts reporting. I imagine 2/19 will be next date to look for a potential update.

Sorry to hear about the surprise HP. I think I got in just before they started doing that, though it probably helps that I keep all three CRs locked until I need to apply for something.

Re: When does X1 start reporting to the CRAs?

4sallypat — Sun, 06 Feb 2022 18:51:19 GMT

@DJRobbieD wrote:
@MachoHombre wrote:
@DJRobbieD wrote:
I opened my account with them in late November. Two statements cut on 12/19/21 and 1/19/21, but still nothing on my EX, EQ, and TU reports. Have others experienced a long delay in CRA reporting by X1?
Thanks @DJRobbieD
....you're ahead of me, both in tenure with this card, but also with your succinct question. I'm about a month behind you.
Sidenote, while I was anticipating no HP, ...many days after approval, a HP showed up on Experian with no fan-fare.

I have not had any indication of new account on any CRA.
Let's keep our ears open to others with the card.
@MachoHombre I'll definitely update this thread if/when my X1 account starts reporting. I imagine 2/19 will be next date to look for a potential update.

Sorry to hear about the surprise HP. I think I got in just before they started doing that, though it probably helps that I keep all three CRs locked until I need to apply for something.

@DJRobbieD I will also update when I see my X1 reporting.

Along with me and a few of us on this forum were approved during the beta invite period (pre-launch) which was in Sept - October 2021 which was at that time, 100% SP only approvals.

So I have been watching my X1 - 4 billing cycles and have not seen my total CL increase nor any reporting.

Strange isn't it ?