Tag Archives for Plastiq.

Plastiq no longer accepting prepaid debit cards in 2020

Plastiq sent out an email yesterday advising that they will no longer accept personal prepaid debit cards (including both reloadable cards as well as gift cards) as of January 1, 2020. These types of cards can still be used for payments as of now, but users will be limited to $7500 in total payments on prepaid cards from December 17, 2019 to December 31, 2019. Beginning on January 1, 2020, charges will not process on…

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Plastiq accepting Capital One business card payments again

Plastiq Visa

A couple of months ago, Plastiq stopped taking Capital One credit cards for payments. However, in a positive change, Plastiq now once again accepts Capital One business credit cards. This is particularly good news for those facing the $50,000 spending requirement for some of their increased business credit card welcome offers. The Deal Plastiq once again accepts Capital One business credit cards for Plastiq bill payments Quick Thoughts Again, this was historically no problem but…

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(EXPIRED) Plastiq promo: send $50K in payments, get 50K in fee-free dollars (new business customers only)

Plastiq is running an interesting promotion for new business customers: sign up through the link under “The Deal” below and send $50K in payments by the end of November 2019 and earn 50K fee-free dollars for future payments. After paying the 2.5% credit card processing fee on the first $50K in payments, that’ll work out to a net cost of 1.25% after a total of $100K in payments (assuming you use the 50K fee-free dollars on…

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No Capital One payments through Plastiq for now

Last week, Plastiq sent out an email to those who have used Capital One credit cards for payments alerting them to the fact that Capital One has asked Plastiq to temporarily suspend the processing of payments on Capital One credit cards. Hopefully, this is a temporary issue. Here’s an excerpt from the email sent: As you know, Capital One has asked us to temporarily suspend processing of payments with their cards. We’re working closely with…

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(EXPIRED) Just for (some of) you: Use Plastiq for free (up to $1,500 in payments).

Plastiq has offered to waive the fee for select Frequent Miler readers on up to $1500 in payments made between now and end of day 8/31 (11:59pm PT).  If you’re eligible, you should receive an email from Plastiq with the subject heading “Just for You: Use Plastiq for Free!” and a banner like this: The Deal Eligible readers will receive an email like the one shown above with the subject heading “Just for You: Use…

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Plastiq: Visa no longer restricted for rent, taxes, tuition, more

Plastiq, the bill-payment service that lets you use a credit card to make payments that are ordinarily made by check, has announced some big news for those who want to use personal Visa cards for payments: personal Visa cards are no longer blocked for several popular types of payments (including residential rent, taxes, tuition, and more). You may remember that last year, Plastiq began restricting payments to certain types of payees. While the restrictions aren’t…

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[Expired] $4K in fee-free Plastiq payments for new small business users

Plastiq came out with a new offer for small businesses last week and we realized that we hadn’t yet covered it. The short story is that through July 31st, new small business users who sign up for a Plastiq account can earn 4,000 Fee-Free Dollars (“FFDs”) with no initial spending requirement. This one will require speaking to a human, but assuming you can handle that much, this is some easy fee-free spend. The Deal Now through July 31, new small business…

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Plastiq 3x Is Dead Again

Ink Business Preferred

Lazarus has died again. Back in August 2018, we shared the bad news that Plastiq transactions no longer coded as 3x with the Chase Ink Business Preferred card. Greg subsequently shared his suggestions for alternative cards to use with Plastiq. If you decided to ignore those suggestions and continued using the Ink Business Preferred, that paid off as it subsequently started earning 3x again. Well, bad news – at some point early last month, Plastiq…

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Alliant Visa earns no rewards at Plastiq

We’ve received reader reports (and so has Doctor of Credit) that the Alliant Cashback Visa is no longer earning any rewards on Plastiq payments. Whether you’re in your first year of having the card and earning 3% on all purchases or earning 2.5% in subsequent years, you’ll actually earn 0% on Plastiq payments. Personally, I was surprised to hear that people were still using the Alliant card on Plastiq. I stopped using mine when most personal Visa…

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