Plastiq Offering $1,500 in Fee-Free Credit Card Spend for New Users
Many of our readers use Plastiq to pay bills with their credit cards that they normally can’t. People use Plastiq to pay their rent, car payments, their mortgage and plenty of other bills. They do it because it makes payments hassle free but more importantly it collects those all important miles & points or quickly takes care of any spending that you need to put on a card.
But paying bills with Plastiq is not free. In fact, the fee for paying with a credit card was recently increased to 2.85%. Debit card transaction have a fee of 1%.
But if you don’t have an account, an improved sign up bonus can now get you $1,500 in free spending. Let’s see how this offer works.
The Offer
Get a bonus of 1,500 Fee-Free Dollars (FFDs) when you sign up for Plastiq and complete a $5,000 payment or payments totaling $5,000.
Key Terms
- Payments must be processed with the full Plastiq fee and completed to qualify.
- Earn a maximum of 1,500 FFDs once a $5,000 payment or payments totaling $5,000 is completed by the end of the offer period.
- Rejected, returned, canceled payments will forfeit the promotion bonus for those payments.
- Plastiq reserves the right to cancel or modify the promotion at any time.
Conclusion
Plastiq is usually a great option when they run promotions that lower processing fees. But through this signup bonus you can end up paying less than the 2.85% fee as well. You need to make a $5,000 payment after you sign up, in order to get $1,500 in fee-free dollars. That works out to about 2.2% in fees if you pay a total of $6,500 in bills using a credit card. Not amazing, but not bad either for spending that you can complete from the comfort of your home.
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