Pay Bills With a Credit Card on Plastiq With 1.75% Fee (Targeted)

Plastiq is one of the remaining options for completing minimum spend requirements. It enables you to pay rent, mortgage, bills and services that you would be able to pay with a credit cards otherwise. Plastiq charges a 2.5% fee for credit cards and 1% for debit cards but now they have a new targeted promotion with a lower processing fee. The offer was send to some customers by email, so you need that unique link to qualify.

Plastiq promo 1.75

Plastiq Offer

Lock in a 1.75% Plastiq fee when you schedule 3 months of bills (3 payments) with your Mastercard, Discover, American Express, Visa Business or JCB card from now until the end of May.

Offer Terms

  • Personal Visa credit cards are excluded
  • To be eligible for the promotional Plastiq fee, all 3 payments must be scheduled by May 31, 2018, 11:59 p.m. ET and must be part of a recurring series. The first three payments in the series must be delivered by July 31, 2018, 11:59 p.m. ET
  • Promotional fee will only apply to the first three payments in a series.
  • Promotional fee can apply to multiple bills.
  • Future editing of scheduled payments will result in the cancellation of the promotional Plastiq fee.

Guru’s Wrap-Up

Paying through Plastiq doesn’t always make sense since they charge a 2.5% fee for credit cards and 1% for debit cards. So it’s usually more about being an easy option than a profitable one. This new promotion should make it profitable though if you were targeted and have a card that earns at least 2%.

If you’ve never tried Plastiq you can sign up through my referral and you get $500 in fee-free spending. That means that you can pay any bill up to $500 with a credit card with no fee.

HT: Frequent Miler

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