Update: Plastiq reached out to us to confirm that all payments should code as small business payments.
According to a data point on Reddit, payments with Plastiq are coding as a small business. This means that potentially paying bills through the service could trigger 2X rewards as part of their end of year Small Business promotion.
Additionally, through October 31, Plastiq is running a discounted promotion for paying your mortgage. Normally paying with an Amex costs 2.5%, but if you lock in 6 payments in advance, they knock the rate down to just 2.25%. You can find more details on that here.
Finally, this may also stack with other spending offers:
- SPG Business: Spend $5K get 5K + spend an additional $5K and get an additional 5K (Check to see if you are targeted)
- SPG Personal: Spend $5 get 5K (Check to see if you are targeted)
- Amex Business Platinum: 1.5X on purchases of $5K+
As an example, I am targeted for the SPG Business offer. On that card I could potentially earn 2X Starpoints for my payment plus an additional Starpoint as part of the 5K bonus.
|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.|
Last updated on December 31st, 2019