Capital One Cards Not Working with Plastiq

Plastiq has sent out an email informing users that Capital One credit cards are not currently working. Check out this guide for each issuer.

Here’s the email that was sent out:

As you know, Capital One has asked us to temporarily suspend processing of payments with their cards. We’re working closely with them to remedy the situation and will reach out as soon as we have an update for you.

You can still use other cards, and they also have a promotion currently where you can pay a fee of just 1.5% instead of 2.5%.

Sign Up for Plastiq

Plastiq is a service that lets you pay bills with a credit card. You can pay your rent, mortgage or any other bill that you have, either by check or ACH. They charge fees for using a credit card, but sometimes they have promotions like this one, which make it worthwhile. Even paying the full fee of 2.5% makes sense sometimes if you need to complete minimum spending requirements in a hurry.

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. There’s also a better bonus for business accounts.

Guru’s Wrap-up

Hopefully they get this fixed soon. Plastiq is a good way to meet spending requirements, especially when they have promotions that lower the fee.

Danny Deal Guru Facebook Group

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.