Free rewards: More fee-free dollars from Plastiq with new referral bonuses

We have written extensively about Plastiq.com, a website that allows you to use a credit card to pay bills that must normally be paid by check. Typically, the Plastiq charges a 2.5% fee for US-based credit cards — but the new referral structure awards $500 in fee-free payments for new users and $1,000 in fee-free payments to the person making the referral. Read our Complete Guide to Plastiq credit card payments for more information about using this service to earn rewards.

Plastiq referral 1000

The Deal

  • $500 in fee-free payments for new users after making $500 in cumulative payments
  • $1,000 in fee-free payments for the person making the referral after the new user has made $500 in cumulative payments

Key Terms

  • New user must make $500 in total payments before they earn the fee-free dollars (in other words, you will need to make $500 in payments with a 2.5% fee for credit cards or 1% for debit cards)

Quick Thoughts

Plastiq is a great way to rack up rewards and meet minimum spend (or big spend bonuses) without spending more than you normally budget. Some Plastiq payments earn 3X with certain credit cards. For example, I have a monthly biller that only accepts checks or money orders. I pay with Plastiq and earn 3X on my Citi AT&T Access More card (no longer available to new applicants, but it may be possible to product change). I not only earn rewards that outweigh the fee, but I don’t have to remember to send a check each month — the process is automated. Some people are reporting that rent and mortgage payments may code as travel for bonus categories on other cards. With fee-free dollars, you’re earning rewards for free. It’s a no-brainer way to pay bills like mortgage, utilities, student loans, taxes, etc.

A few months ago, there was a highly targeted promotion for business card users that offered $2500 in fee-free payments per referral. However, that promotion did not go smoothly — so it was replaced with a promotion that earned $400 in fee-free payments for new users and $800 for the person making the referral. That previous offer was for “double fee-free dollars” (as standard referrals have been for $200/$400) and it awarded fewer fee-free dollars, but it only required the new user to make $20 in payments to earn the referral credit for both users.

Note with this new promotion, the new Plastiq user must make $500 in total payments before either person will earn a referral bonus. This means that the first $500 in payments will be subject to a fee. The terms clearly state that this does not need to be one payment. Interestingly, the terms do not seem to stipulate that you must make that initial $500 in payments via credit card — meaning that I believe you could make the first $500 in payments via debit card (at a 1% fee) rather than via credit card (at a 2.5% fee). I see neither an expiration date nor a time limit on making the first $500 in payments, though I suspect it isn’t an unlimited amount of time.

If you are a new user and would like to sign up for Plastiq, you can use my referral link here with my thanks (the code is 357874) – or check the comments for referrals from other readers.

About Nick Reyes

Nick Reyes is a (fairly) regular guy with an animalistic passion for maximizing the value of miles and money to travel the world in comfort and style. There is little in life that he loves more than finding a fantastic deal and helping you shop smarter & harder to achieve your travel dreams.

More articles by Nick Reyes »

Comments

  1. Hi!
    If someone is interested, you can use my referral code 606395 when you sign up. All referrals must sign up with a unique code.

    If you are interested in getting 500 FFD, here are step by step instructions:
    You can follow these steps to sign up for this promo:

    1) Go to plastiq homepage. Click the blue “Sign Up” button on the home page.
    2) Enter the email address you would like your account associated with and click “Continue”.
    3) Check your email for confirmation and follow the link to set your password.
    4) Once you enter your password, click on “Add Referral Code” below the blue button.
    Please use my referral code 606395
    500 FFD will be posted to your account within 2 days after you make your first payment of $500.
    Thank you in advance for your using my referral code

  2. Sign up with my link or code and you’ll get $500 of no fee spending after you spend a total of $500 with Plastiq first (this will have a fee of $12.50, 2.5% of $500). After that, they’ll give you $500 worth of payments with no fees.

    Then you can refer your own friends and for each one who signs up, you get an additional $1000 in no fee dollars when they do the same thing. Good luck and hope it helps!

    https://try.plastiq.com/533212
    Or enter my referral code in the Rewards: 533212

    I have had a pretty smooth experience with them so far and have paid over $13,000 in bills (mortgage, utilities, and student loans) with no issues. Just look out for any notices that let you know it’s a cash advance and pay things with a good margin of time in between when it’s submitted and when it’s due and you shouldn’t have any issues! One of my loan payments took extra long to get in, but the customer service told me that they would take care of any fees if a payment posted after the “guaranteed delivery date” so that’s reassuring!

  3. Wow! It works! My friend that I referred got $500 FFD and I got $1000 for referring him after he made $500 in payments. I am using it to meet my min spend for SPG. I did the referral and I got the credit the same day! (It can take up to 1 day). Appreciate it if you use my link below:

    Referral code 648787
    Link: https://try.plastiq.com/648787

  4. Requesting the next blog reader to use mine below:
    Use my code for $500 FFD! (As of May 4, 2017)
    Referral Code: 707862

  5. Dear Nick’
    I posted my referral link a couple of days ago and it seemed to disappear.
    Today I reposted it and it disappeared again.
    So I thought maybe you’re following it by email address and I reposted it with my real name and email address I used when signing up for plastiq and it still disappears.
    What’s going on. You can even check back and see that I signed up with your own link, and all I want is to try to have others sign up with mine….
    Please delete this comment after reading.
    Thank you

    • Hey Shlome,

      My apologies. When someone posts a link, our system is set up to require manual approval (the idea being to make sure that this prevents Internet spammers from posting harmful links across the entire site), and it is my job to approve those. A couple of the comments on this — which happened to include a couple that you left — just got buried in my email. I thought I had approved all of them, but then I saw this comment and realized I had missed several. I just approved all of them I believe. If that ever happens to you again, don’t be afraid to comment as you did here or reach out via email. I definitely intended to approve everyone’s comments and am happy to have you guys share your referrals on this promotion. Thanks for commenting.

  6. Hello Everyone,
    If you are interested in receiving $500 fee-free dollars, you can use my referral code 683412 when you sign up. All referrals must sign up with a unique code or link: https://www.plastiq.com/cardholder_ui/start?referralCode=683412

    If you are interested in getting 500 Fee-free dollars (FFD), here are the step by step instructions:
    Follow these easy steps to sign up for this amazing promo/offer:

    1) Go to Plastiq homepage. Click the blue “Sign Up” button on the top of the home page.
    2) Enter the email address you would like your account associated with and click “Continue”.
    3) Check your email for confirmation and follow the link to set your password.
    4) Once you enter your password, click on “Add Referral Code” below the blue button.
    Please use my referral code 683412
    500 FFD will be posted to your account within 2 days after you make your first payment of $500.

    Therefore once you pay your first $500 with your credit card via your new Plastiq account fees will be added to charge, but your next $500 card charge on Plastiq will be fee-free.

    Great for your rent, mortgage, student loans, taxes, car payment, paying a friend or family member, or even a contractor.

    After you sign-up with my referral code: 683412 & after you pay your first $500, you can then refer other friends, colleagues, & family members & receive another $1,000 fee-free dollars for every person that signs up with your new referral code to use to pay your bills.

    Think of all the credit card points you can receive & sign-up bonuses you can qualify for.

    Thank you in advance for your using my referral code!!!

  7. I forgot to use Nick’s referral code and I am stuck with no FDD credits from the getgo. If someone can lend me a hand and use my referral code I would greatly appreciate it!

    Referral Code: 740080

  8. I’m new to Plastiq and this is is great. Please use my referral code for 500 Fee-Free Dollars (FFDs): 749345

    Thanks,
    Susie

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