Targeted Plastiq Promo For Money Back On Amex Payments

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Plastiq Promo For Money Back On Amex Payments

Targeted Plastiq Promo For Money Back On Amex Payments

I just received an email from Plastiq for a discount, or rebate, for paying with my American Express card.  It looks like this is a targeted offer and you need to be an email recipient to take advantage of it.  Check your emails / spam folder for the following email subject line (plug in your own name).

  • Hey Mark — Use your Amex and make $50
Plastiq wants to celebrate Amex being eligible for more payment options. The offer is as follows:
  • Earn a $10 USD gift card for every $2,000 USD in total payments you make with your Amex card.
    • Earn up to a $50 USD gift card for $10,000 USD in payments with your Amex card.

Here is a link to all of the payments you can make with Amex on Plastiq.

Is This A Good Deal?

I haven’t paid a ton of attention to Plastiq since they raised their fees and blocked gift cards from working as debit cards.  This offer has me rethinking that a bit for one sole reason, welcome offer spending.  I am in the midst of my Blue Business Plus $15,000 minimum spend for 50,000 points and this could get me the rest of the way there.

Normally the 2.85% fees make spending on Plastiq a wash at best, even with the great Blue Business Plus. But with this added bonus, plus the welcome offer, the tables have turned a bit.

By getting $10 off of $2000 that is a .5% reduction in cost.  It reduces the fees essentially down to 2.35%. That still isn’t great but I am earning over 5 points per dollar with the normal 2X earning plus the welcome offer.  Also, there is something to be said for easy pajama points!

Final Thoughts

This isn’t a good enough of an offer to change much of your current plans, unless you are working on a Amex welcome offer.  Or, if you have one of those Business Platinum 150,000 point offers lying around but didn’t think you could hit the $15,000 in required spend. This Plastiq offer may bridge that gap. The opportunities are niche but they are there if you play it right.

Mark Ostermann
Mark Ostermann is a father, husband and miles/points fanatic. He left the corporate world after starting a family in order to be a stay at home dad. Mark is constantly looking at ways to save money and stay within budget while also taking awesome vacations with his family. When he isn't caring for his family or taking a weekend trip, Mark is working towards his goal of visiting every Major League Baseball ballpark.

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4 COMMENTS

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

4 COMMENTS

  1. Be careful. I made a $5000 payment and used 100 Fee free dollars and they disallowed the entire purchase toward the promo as they said I didn’t pay full fee, even though I paid full fee on $4900.

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