I wrote last week about new Plastiq promotion this month. You can submit up to three payments ($20,000 or less each) and benefit from a 1% Plastiq fee. You can use any card this time around so this is a good opportunity to generate some spending and even turn in a profit. But even if you did not receive an email, you could be targeted for a lower fee on payments till the end of the month.
Some people are seeing a 1.25% fee, and others a 1.5% fee. Regularly Plastiq charges a fee of 2.5% for payments made with a credit card.
Use your favorite credit card to pay a wide variety of bills – from rent and car payments to utilities and business expenses. Check out this chart more more info.
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.
Even if you did not receive an email with a Plastiq promotion this month, just go through the steps of setting up a payment and see if you have a lower fee at the last step.
If you use a card that earns at least 2%, you can turn in a decent profit. You can also use this opportunity to meet any spending requirements you might have.