I’ve been using Plastiq recently to make my mortgage payments. It’s a great way to earn loads of rewards or meet minimum spending requirements on new credit cards. With this targeted Plastiq promotion, you can earn up to 72,000 fee-free dollars on future payments. Check your email to see if you were targeted as well.
Sign up for Plastiq now and use referral code “1125876” to receive 500 fee-free dollars!
In This Post
What is Plastiq?
Plastiq is a payment platform that allows users to pay their bills using credit cards for a 2.50% fee. When you refer people to Plastiq or participate in Plastiq promotions, you will earn fee-free dollars that reduce or eliminate the fee you are charged.
Your bills will be delivered on time or Plastiq will pay your late fees. Most of my payments have been made through the mail, but a few are via ACH. With mail payments, the checks arrive approximately 5 to 7 business days later.
What bills can I pay with Plastiq?
You can pay almost any business, organization, or individual for verified goods or services within the US or Canada through Plastiq. And the business doesn’t even have to accept credit cards for you to earn valuable miles, points, and cash back!
When submitting your payment, the recipient doesn’t have to do anything. They’ll simply receive an ACH or a check via the mail for your payment.
Examples of payment types include:
- Rent or mortgage
- Tuition
- Utilities (Electric, water, gas, solar, internet)
- Car payments
- Homeowners Association
- Country club (Member/guest fees, events, etc)
- Insurance
- Taxes (Property, Income and more)
- Home improvement
- Mobile phone plans
- Childcare
Businesses also make payments to vendors such as:
- Vendor or equipment invoices
- International suppliers
- Office lease
- Legal fees
- Taxes (Corporate, Quarterly, etc)
- Marketing agencies
- Insurance
- Contractors
Plastiq promotion for September 2019
Between September 11th and 26th, 2019, you can earn up to 72,000 Plastiq fee-free dollars. To maximize this offer, you’ll need to be targeted via email. If you were selected, complete three payment types that exceed certain dollar amounts.
The fee-free dollars will be applied to your account by October 15th and you’ll be notified via email.
Domestic check, wire, or ACH payments
These are the “normal” payments we make when paying mortgages, car payments, and other bills through Plastiq. For this Plastiq promotion, make a single payment of at least $2,000 to receive a credit of 2,000 fee-free dollars.
International payments
Make a single payment of $20,000 or more to a new international recipient using Plastiq’s new service for international payments. Once the payment clears, Plastiq will credit you 30,000 fee-free dollars.
Forex payments
When you send a single payment of $20,000 or more via Plastiq’s Forex program, Plastiq will credit you 40,000 fee-free dollars. This option allows you to send international payments in the local currency instead of US dollars.
The Bald Thoughts
When many companies charge 3% or more to process credit card payments, Plastiq is a great way to earn rewards at a lower cost. And when you refer your friends and family, you’ll both receive additional fee-free dollars to reduce the cost of paying with your credit card.
With this targeted Plastiq promotion, you can earn up to 72,000 in fee-free dollars to eliminate the 2.50% fee on many of your other payments. I use Plastiq every month to pay my mortgages and other bills that don’t accept credit cards. It gets me that much closer to my next free vacation while also maximizing spend bonuses on my cards.
Have you used Plastiq before? Which bills have you paid using their service? Let us know in the comment section below.