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Plastiq Says It Will Soon Accept Amex Credit Cards Again

DDG
DDG

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Plastiq Says It Will Accept Amex Credit Cards

Plastiq had long been a popular option to increase credit card spending from the comfort of your home. This is a service that lets you pay your mortgage or a service with a credit card, even though you can not do so directly. Obviously that convenience comes with a fee, which usually is more than the rewards you would get from your card. But it can still be useful for welcome bonuses.

Earlier this year Plastiq started having problems. It first stopped accepting American Express credit cards in February, citing operational issues. Then payments were delayed and finally in May Plastiq filed for bankruptcy.

A few months later Priority Technology Holdings completed the acquisition of Plastiq on August 1, 2023, with the approval of the United States Bankruptcy Court for the District of Delaware.

Since then Plastiq is up and running again. This week, the company sent out an email, informing users of the completion of the acquisition. The email reveals a new name, which is now “Plastiq, powered by Priority”. But the email also sys that American Express credit cards will soon be accepted again.

Here’s the relevant part of the email:

This acquisition means great things for our customer base, including faster delivery options and paying with AMEX. Be on the lookout for those launches in the next couple weeks.

That’s all the information that was shared for now. So we do not know when this will happen exactly and what categories will be supported. Amex had already limited payments through Plastiq to just a few categories such as utilities, rent, education and some other services.

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.

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Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
DDG
DDGhttp://dannydealguru.com
Based in NYC. Points/miles enthusiast for years and actively writing about it for the last 6+ years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

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.

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At Miles to Memories we share the best tips, tricks and deals plus travel rants, musings, hotel, airline and loyalty program reviews and a lot more! Our goal is to help people save money so they can get out there and travel the world! Through our various blog posts, podcasts & videos we teach others how to maximize loyalty rewards, hotel & airline programs and credit cards to achieve amazing things.

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