Which X-Account Type Is Right for You? A Simple Guide to Wirex X-Accounts

If you’re looking for a way to earn interest on your crypto or traditional currency holdings, Wirex X-Accounts offer flexible options designed to match different saving styles and time horizons. 

Whether you want full access to your funds, a balanced approach, or higher long-term returns, there’s an X-Account type built for your needs. 

This guide explains the three X-Account types — Flexible, Plus, and Fixed — so you can decide which one suits you best. 

What Are Wirex X-Accounts? 

X-Accounts are an interest-earning feature within Wirex that allow you to grow eligible crypto and fiat balances over time. Depending on the account type you choose, you can prioritise liquidity, flexibility, or higher interest rates. 

Wirex currently offers three X-Account options: 

• Flexible X-Account 

• Plus X-Account 

• Fixed X-Account 

Each option is designed for a different savings goal and level of commitment. 

Flexible X-Account: Full Access and Daily Control 

A Flexible X-Account gives you complete freedom over your funds. You can top up or withdraw at any time, with no lock-up period. 

Interest rates are variable and may change depending on market conditions and your Wirex subscription plan. 

Best suited for you if: 

• You want instant access to your funds 

• You’re holding assets short-term 

• You’re testing X-Accounts before committing 

• You value flexibility over fixed returns 

This option is ideal if liquidity is your top priority. 

Plus X-Account: A Balanced Saving Option 

The Plus X-Account is designed for users who are comfortable committing funds but still want the option to withdraw if needed. 

Interest rates are fixed, offering more predictability than Flexible accounts.

Withdrawals are possible, but require a 30-day notice period before funds become available. 

Best suited for you if: 

• You’re saving for medium-term goals 

• You want higher interest than Flexible accounts 

• You’re okay with limited access in exchange for better returns 

This option balances stability and access. 

Fixed X-Account: Higher Returns for Long-Term Goals 

A Fixed X-Account is designed for long-term savings and offers the highest interest rates among X-Account types. 

You choose a fixed term — typically 1, 3, 6, 12, or 24 months — and lock your funds for that period. Rewards are paid weekly at a stable rate. Once the term ends, your account automatically becomes Flexible, giving you full access again. 

Best suited for you if: 

• You’re planning long-term savings 

• You want predictable, stable rewards 

• You don’t need access to these funds in the short term 

This option works well for users focused on long-term growth. 

How to Choose the Right X-Account for You 

The best X-Account depends on how you plan to use your funds: 

• Want full control and no commitment? Choose a Flexible X-Account 

• Want higher interest but may need access later? Go with a Plus X-Account 

• Ready to lock funds for higher potential rewards? Select a Fixed X-Account with a term that matches your goal 

Many users combine different X-Account types to match short-, medium-, and long-term objectives. 

Final Thought 

There’s no single “best” X-Account — only the one that best fits your financial goals, time horizon, and flexibility needs. By understanding the differences between Flexible, Plus, and Fixed X-Accounts, you can choose an approach that works for you today and adapt it as your plans evolve. 

It is essential to note that investing in cryptocurrency involves risks, and the value of cryptocurrencies can be volatile. Before depositing funds in an X-Account, it is important to do your research and understand the risks involved. Furthermore, it is critical to invest only money that you can afford to lose.  

FAQ 

What is an X-Account on Wirex? 

An X-Account is an interest-earning account within Wirex that allows you to earn rewards on eligible crypto and traditional currency balances. Different X-Account types offer varying levels of access, commitment, and interest rates. 

Can I withdraw funds from an X-Account at any time? 

Withdrawal availability depends on the X-Account type. Flexible X-Accounts allow instant withdrawals, Plus X-Accounts require a 30-day notice period, and Fixed X-Accounts allow withdrawals only after the selected term ends. 

Are X-Account interest rates guaranteed? 

Interest rates depend on the X-Account type. Fixed and Plus X-Accounts offer fixed rates for their respective terms, while Flexible X-Account rates are variable and may change based on market conditions and your Wirex subscription plan. 

What happens when a Fixed X-Account term ends? 

When a Fixed X-Account term ends, it automatically converts into a Flexible X-Account. This gives you full access to your balance without any lock-up period. 

Can I use more than one X-Account type at the same time? 

Yes. You can use multiple X-Account types simultaneously, allowing you to split your funds between Flexible, Plus, and Fixed accounts based on your short-, medium-, and long-term goals. 

DISCLAIMER: The information contained herein is not intended as, and shall not be understood or construed as, financial advice. Wirex and any of its respective employees and affiliates do not provide financial, legal, tax or investment advice. The information contained herein has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for financial, legal, tax or investment advice.  If you have any questions regarding Wirex please feel free to get in touch with us directly via our Customer support team.