UPDATE: The system was showing a 1.5% fee in error. That has now been fixed (unfortunately!).
Plastiq has launched a new – and as yet unadvertised – promotion offering a 1% discount on payments when using a Mastercard. That means you’ll pay just 1.5% when using a Mastercard which has the potential to be a good deal.
- Pay 1.5% fee on all Mastercard transactions with Plastiq.
- Expiry date unknown.
- Valid on Mastercard transactions only.
Plastiq transactions usually come with a 2.5% fee, so this works out to be a discount of 1%. With the reduced fee of 1.5%, that could make this a good deal for Mastercard payments if you value whatever points/miles you’d earn at greater than that value.
If you stocked up on last week’s fee-free Mastercard deal at Staples, this could be an easy way to liquidate those gift cards from the comfort of home, albeit at a higher cost than buying MOs.
There’s no specified end date for this deal and Plastiq has changed the terms of a deal in the past (although that was an overly generous offer), so it’d be best to take advantage of this ASAP if you’re interested.