New Plastiq Promo
Check your emails for a great offer from Plastiq that will let you make three payments with a with a fee of 1%. Let’s look at the details.
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The Offer
This month only, submit up to three payments ($20,000 or less each) and benefit from a 1% Plastiq fee. Here’s how it works:
- Select a recipient/vendor you would like to pay
- Enter a payment amount up to a maximum of $20,000
- Submit a payment using your preferred credit card
- On the payment review page, make sure your payment is scheduled to be processed before 11:59 PM EST on December 31, 2019. Note: How do you check processing date? See this article for instructions and screenshots.
- You can submit up to 3 one-time payments like this before 11:59 PM EST on December 31, 2019
Use your favorite credit card to pay a wide variety of bills – from rent and car payments to utilities and business expenses. Depending on the funding method of your recipient (paper check or electronic transfer), the processing date can be as soon as same-day (in which you will be notified prior to payment submission). You are able to view the processing date of a payment both before and after submitting a payment.
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Key Terms
- Promotion is available only to direct recipients of this email notifying them of their eligibility and cannot be combined with other Plastiq promotions or fee free dollars (FFDs). This promotion is non-transferable.
- Promotion can be applied on up to three payments per account.
- Payments must be made with a credit card associated with this eligible member’s account and must not exceed $20,000 per transaction. Eligible customers can submit immediate payments or schedule payments to be processed before 11:59 PM EST on December 31, 2019. The Plastiq 1% fee will automatically be applied when the payment is processed.
- Editing, altering, canceling or rescheduling payments with this promotion applied will forfeit the service fee rate of 1.5%. This promotion does not apply to any scheduled payments submitted before 12:01 AM EST on December 31, 2019.
- Plastiq reserves the right to cancel or modify the promotion at any time.
Conclusion
Plastiq charges a 2.5% fee for bill payments. During this promotion you pay just 1% on three payments of up to $20K. If you’re using a card that earns more than that, it’s definitely worth it. With a 2% card you can make a $600 profit if you maximize the payments. But, you only have a few days left.
If you’re never tried Plastiq, you can sign up through our referral and earn $500 fee-free dollars. That means that you can pay a $500 bill with a credit card with no fee.
Hat Tip – DoC
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