The Offer
Use your American Express card to pay only a 2% Plastiq fee on any payment made by February 28, 2017. (The normal fee is 2.5%.)
How It Works
- Submit or schedule a payment for ANY bill.
- Make sure the “Processing Date” is no later than February 28, 2017.
- Use an American Express card to make the payment.
You can find more information about this promotion on the Plastiq Blog.
| Name / Link | Offer | Frequent Miler Notes: |
|---|---|---|
| Plastiq | When you sign up for Plastiq (which lets you pay bills via credit card) with my link, you'll get $200 worth of fee free payments and I'll get $400 worth of fee free payments after you make a payment of at least $20 | Plastiq makes it possible to pay mortgage, rent, and many other bills via credit card. The usual credit card fee is 2.5%, but they often run lower-fee promotions. |
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Please chime in if I’m missing something in the following strategy; use USAA 2.5% everywhere cashback card, buy AMEX Gift cards via iconsumer portal. Portal pays 1% cash back AND has Fee Free coupon link to amex gift cards. Buy AMEX GC in stipulated $200 denoms up to amount I want to eventually use at Plastiq (say $5,000). I have a premium shipping account at AMEX already (99/yr) for next day delivery. At this point no cost and have earned 3.5% and have 25 $200 AMEX GCs in hand. Use 25 $200 AMEX Gift cards at Plastiq to pay $5,000 in bills. Cost 2%. Net profit 1.5% or $75 –basically all done from my couch on a laptop….?
Sounds like quite a bit of work for $75.
Shawn
Do I have to make a payment of over $20.00 to someone before the credit starts or will it credit my account for the first payment as long as it is over $20.00. It also did not show the credit anywhere when I signed up.