Plastiq is a good option for meeting spending requirements on credit card bonuses or spending offers. It’s also an option for earning credit card rewards on specific cards or when they have promotions such as this one for Mastercard credit cards. Plastiq charges you a fee to use credit cards to pay bills, rent, mortgages and other services which you can’t regularly pay with a card.
Chase Ink Business Preferred is one of the best options to use for Plastiq payments. It has been coding so far as 3X for Plastiq payments, which means that you can get cheap Ultimate Rewards points. But in the last couple of days, it looks like Plastiq is no longer coding as 3X. The new change has probably happened on August 16th, meaning that payments made from that day forwards are not earning 3X.
Hopefully this avenue of earning cheap points has not died out for good. It has happened in the past and then it resumed earning 3X. We’ll see if that’s the case again this time. Let me know if you have used your Chase Ink Business Preferred card through Plastiq in the last few days.
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. New users must hit the required minimum of $500 in successful payments before they are eligible for this promotion, but at least with a referral you do not pay a fee on that first $500 either.