$200 Melio New Member Offer
I wanted to share a pretty great program and new member offer with you that can come in pretty handy. Don’t you just hate when you have to pay cash (or check – gross) for a service and miss out on all of those credit card points? In walks Melio, a business to business payment system. They will mail a check or make an ACH payment on your behalf, and they will even bill your credit for it. You get to make that annoying cash only payment AND earn the points! Even better, there is a $200 Melio new member offer available via our affiliate link. Let’s get into how you can rack up some bonus points and earn a nice new member bonus with Melio.
What Is Melio?
Melio is a business to business payment platform. It allows you to send ACH payments, mail checks, set up reoccurring payments and earn points for all of it. You do need to own a small business to be able to use it (sole proprietors are fine). Essentially, if you are eligible for business credit cards then you should be eligible for Melio. The other catch is that your payment needs to be to another business too. Think landscaper, construction company, snow removal, freelance help and everything in between.
Many of those industries don’t accept credit cards because of the fees involved, and that is where Melio steps in. You can set up payments through the Melio system and bill it to your credit card. I should note that there is a 2.9% fee when you use a credit card. Paying with your bank account requires no fee (on a set number per month depending on your plan). Even with the fee it can make sense to use a credit card for these payments to rack up bonus points, especially when you consider the $200 Melio new member bonus.
What Payments Are Accepted By Melio
Since this is a business to business payment platform, payments to individuals likely will not work. You would need to send it to their business name if they are an independent contractor etc. Also, financial payments won’t work – like a car payment, mortgage or credit card payment. Here are some examples of payments that should work:
- Lawncare
- Auto repair
- Water / Electrical Bills
- Rent to a business landlord
- Taxes
- Accounting expenses
- Association fees if you work out of your home
- Legal expenses
- Contractors
- Standard inventory purchases
- MTM $200 Melio Welcome Offer Link
There are a ton of other options too. Anything that is paying a business should work.
Are There Any Other Fees With Melio?
There are different tier options available with Melio for heavy users. If you plan on just paying a few bills here and there, then you can just pay the standard 2.9% credit card fee for your payments, or get up to 5 free ACHs per month. There is no requirement to sign up for a plan to earn the $200 Melio new member offer. I think most of our readers will be well suited with the Go (free) plan.
The tiers are as follows:
Which Cards Work Best For Melio?
The 2.9% processing fee eats into a lot of credit card rewards, so which credit cards make the most sense to use? Here are some good options:
- A card with a welcome offer attached will always make sense
- Any card that earns at a high rate for non bonus spend (over 2.9% in return)
- Cards that have yearly spending goals (Hyatt or Hilton Surpass $15K free night award)
- If you need more spend to unlock a status level needed (World of Hyatt Business or Citi AAdvantage Business)
- MTM $200 Melio Welcome Offer Link
You just want to ensure the return is more than the 2.9% fee you will be incurring. That could be based on the front end earning from the card, or it could be the card’s earning plus whatever other perks you are chasing via spend combined.
MTM $200 Melio New Member Bonus
The MTM affiliate offer for new Melio members gives you $200 cash back after making a $500+ payment. This would incur a fee of $14.50+ with a credit card (at 2.9%), but any payment works. That means you could pay with an ACH at no fee to earn the $200 bonus. By signing up for Melio you get a really useful platform for long term points earning, ease of payment set up for reoccurring payments, and other useful features – PLUS $200!
How Does The Bonus Come?
Once you sign up for Melio you will want to go into the receiving method and add your bank account info. This is how you could collect payments from any vendors etc. through Melio too (another great option of the network).
Then a few weeks after the payment Gal (our affiliate contact) from Melio will reach out via email. You can just respond to make the payment via the receiving method bank account set up in Melio. Then you should get your $200 deposited into your bank account. Easy as pie!
MTM $200 Melio Welcome Offer Link
Melio For Business To Business Payments
Melio is a great payment program for businesses that simplifies your payment needs, or lets you use your credit card for payments you normally couldn’t. It is similar to Plastiq, but on the business side of things. I encourage you to give it a try and grab the $200 Melio new member bonus while you can.
Thank you to anyone that supports MTM by using our affiliate link to sign up too. It is very much appreciated. Now go earn some points, crush some credit card spend and get that new member bonus!
