With Plastiq 3X dead, what’s next?

In the past year, since learning that the Chase Ink Business Plus earned 3X for Plastiq payments, I’ve been using that card exclusively and extensively to pay all sorts of bills via the Plastiq bill payment service.  I’ve happily earned 3X paying my son’s college tuition, paying contractors, paying employees, paying taxes, etc.

I’m in the extremely fortunate position of having a huge supply of Plastiq Fee Free Dollars (FFDs) thanks to referring readers to Plastiq.  As a result, I don’t have to pay fees on any of my payments.  But even if I had to pay the standard 2.5%, I would have been happy earning 3X Ultimate Rewards points.  After all, that’s equivalent to buying Ultimate Rewards points for only 0.83 cents each.  That’s a steal.

But now, 3X is dead.

Next best card?

I’m not aware of any card that continues to earn a bonus multiplier for Plastiq bill payments.  So, the next best option would be a card that is great for everyday spend, or which offers a great big spend bonus.

Further, the ideal card is not an Amex card.  Amex has imposed a number of restrictions on which types of payments can be accepted by Plastiq:

  • For Recipients in the United States, the use of American Express cards is permitted for the following industries: Government, Utilities, Education, Residential Rent and Club Fees and Memberships.
  • For Recipients in Canada, the use of American Express cards is permitted for the following industries: Government, Utilities, School, School K-12 and Residential Rent.

The ideal card is also not a consumer Visa card unless it is from Capital One (or Chase if the card has a high credit limit).  Plastiq had previously announced a temporary change to the way Visa credit cards are handled:

  • Payments using personal Visa cards issued by Chase will be subject to a lower limit of 20% of your credit limit.
  • Payments using personal Visa cards from other issuers (other than Capital One) will code as a cash advance. That means you’d incur cash advance fees and wouldn’t earn any credit card rewards.
  • The following types of Visa cards are not affected by these changes: Capital One personal Visa cards, Visa business credit cards, Visa corporate, debit and prepaid gift cards.

That leaves us with these non-Amex, non-consumer-Visa best options for everyday spend:

  • Discover It Miles (year 1): This is really a 1.5% cash back card despite its name, but at the end of the first year of card membership, they double all cash back earned that year.  So, this is effectively a 3% cash back card in year 1.
  • Chase Ink Business Unlimited: This one earns 1.5 Ultimate Rewards points per dollar for all spend.  If you move points from this no-fee card to a premium card, you can then transfer points to various rewards programs (e.g. Hyatt, United, Southwest, etc.) or use the points for up to 1.5 cents per point value with the Sapphire Reserve card.  When paying 2.5% for Plastiq, using this card is like buying Ultimate Rewards points for 1.67 cents each.  That’s not a great deal, but I’ve included this on the list because it is the best non-Amex “everywhere else” card that I actually own at the moment.

And these are my favorite non-Amex, non-consumer-Visa options for earning big spend bonuses:

  • Chase World of Hyatt Credit Card: This is actually a Chase consumer Visa card, but it could work with Plastiq if you have a big enough credit line.  Big spend bonus: Earn 2 elite qualifying night credits per $5K in purchases.  If you’re chasing Hyatt status, this is a cheap and easy way to “mattress run” your way to status.  When you pay the Plastiq fee, you can think of that as paying for Hyatt points plus elite nights.  If we conservatively value the Hyatt points at 1 cent each, then paying the 2.5% Plastiq fee is like paying 1.5% for the elite nights plus 1% for the Hyatt points.  Each elite night, then, would cost you $37.50.
  • AT&T Access More Card: This Mastercard is no longer available to new applicants, but it should still be possible to sign up for the AT&T Access Card and then product change to the Access More Card.  The Access More card earns 3X for online purchases (but not for Plastiq), but it also earns 10K bonus points each year in which you spend $10K.  In other words, it can make sense to use this card for $10K Plastiq spend each year just to get the 10K bonus.
  • Amtrak Guest Rewards World Mastercard: With points worth up to 2.9 cents each, you can approximately break even with Plastiq’s 2.5% fee.  Where things get interesting is with this big spend bonus: Ability to transfer up to 25,000 points to hotel partners after $20K calendar year spend.  Amtrak points transfer to Choice Privileges 1 to 3, so this means that $20K annual spend can result in 60K Choice points each year.
  • Radisson Rewards Business Visa Card: This card earns 5X points for all spend, plus for each $10K annual spend (up to $30K) you get a free night at any Radisson Rewards hotel in the US.  If you consider this to work out roughly to two free nights for each $10K spend (50K points plus a free night certificate), then Plastiq’s 2.5% fee is like paying $250 for two nights.  Keep in mind that with Radisson properties, this is not necessarily that good of a deal.
  • Virgin Atlantic World Elite Mastercard: Big spend bonus: 7,500 bonus points with $15K cardmember year spend + an additional 7,500 points with $25K cardmember year spend; Also: 25 tier point towards elite status per $2,500 spend (max 50 tier points per month).  Since this card earns 1.5X for all spend, spending exactly $25K per year results in 37,500 miles + 7,500 + 7,500 = 52,500 miles.  In other words, this card earns more than 2 miles per dollar in that scenario.  See: Virgin Atlantic World Elite Mastercard Deep Dive: Maximize Earnings and Status.

To some extent, I like all of the above options as long as my Fee Free Dollars last.  My favorite option is the Chase World of Hyatt Credit Card (to help me get to Globalist status).  But I don’t have that card right now, and I wouldn’t want to start the hunt for elite status until early next year anyway.

Which leads me to the real best use of Plastiq…

Signup Bonuses

Most signup bonus offers require minimum spend.  For example, you may have to spend $3,000 within 3 months to get 50,000 points or miles.  In situations where your usual spend won’t be enough, I think that Plastiq is a great option.

It’s well worth paying 2.5% in fees in order to secure a bonus worth hundreds of dollars more.

The following “Plastiq-friendly” best offers include all of the best public Mastercard and Discover offers, all Visa business card offers, and all Capital One offers.  Chase consumer Visa cards would work too, if you have a high enough credit limit, but they’re not included in this list…

If you’re interested in seeing more than the top 10 offers, simply click “Next” at the bottom of the page, or use the drop down selector at the top to show more than 10 items.

Card Offer and Details
Capital One® Spark® Miles for Business
Up to 200K "miles"
Limited time offer - earn up to 200K "miles": 50K after $5K spend in the first 3 months from account opening and an additional 150K after $50K spend in the first 6 months from account opening

No Annual Fee First Year, Then $95

Recent better offer: None. This matches the highest offer ever.

FM Mini Review: This card is basically the same as the Spark Cash for Business, but rewards are intended to be used to offset travel purchases. One big advantage over cash back: Capital One allows transfering their "miles" to airline miles at a 2 to 1.5 ratio and "miles" can be combined with other cards or other customers.


Card Type: Visa Signature

Base
Travel

Earning rate: 2X everywhere ⚬ Earn 5X miles on hotel and rental car
bookings through Capital One Travel

Noteworthy perks: Redeem miles for travel at value of 1 cent per mile ⚬ Convert "miles" to airline miles at a (mostly) 2 to 1.5 ratio ⚬ No foreign transaction fees ⚬ Fee credit for either $85 TSA Pre✓® application fee or $100 Global Entry application fee

Capital One® Spark® Cash for Business
Up to $2,000 Cash Back
Limited time offer - Up to $2,000 Cash Back: Earn a one time bonus: $500 after $5K spend in 3 months from account opening and earn an additional $1,500 when you spend $50K in the first 6 months of account opening

No Annual Fee First Year, Then $95

Recent better offer: None. This matches the highest offer ever.

FM Mini Review: Many cards offer unlimited 2% cash back, but this is the only business card I know of that does so. This is a good option for business owners who prefer simple cash back rewards.


Card Type: Visa Signature

Base
2%

Earning rate: 2% everywhere

Noteworthy perks: No foreign transaction fees

Chase Ink Business Preferred Card
80K points
80K after $5K spend in 3 months

$95 Annual Fee

This card is known to be subject to Chase's 5/24 rule.

Recent better offer: This is the best public offer we've seen. A 100K offer is sometimes available in-branch through a Business Relationship Manager.

FM Mini Review: Great card for signup bonus and 3X categories. Also consider the no-fee Chase Ink Cash for its 5X categories, and the no fee Ink Business Unlimited to earn 1.5X everywhere.


Card Type: Visa Signature Business

Base
Travel
Phone
Biz

Earning rate: 3X travel, shipping, internet, cable, phone, and advertising with social media sites (up to $150K spend per year)

Noteworthy perks: ⚬ Points worth 25% more when redeemed for travel ⚬ Cell phone protection against theft or damage

See also: Chase Ultimate Rewards Complete Guide

Chase United MileagePlus® Explorer Business
Up to 100K miles
50K after $5K spend in 3 months + 50K after $25K total spend in the first 6 months

No Annual Fee First Year, Then $95

FM Mini Review: Decent perks such as enhanced access to United saver level economy awards makes this a keeper for some.


Card Type: Visa Signature

Base
Dine
Gas
Office

Earning rate: 2X at restaurants, gas stations, and office supply stores ⚬ 2X United.

Noteworthy perks: ⚬ Improved saver award availability ⚬ Last seat standard award availability ⚬ Free first checked bag ⚬ Priority boarding ⚬ No foreign exchange fees ⚬ 2 United Club passes per year ⚬ Primary auto rental collision damage waiver

AAdvantage® AviatorTM Business MasterCard®
Up to 75K miles
Up to 75K miles: 65k miles after $1K in purchases within 90 days and 10K miles when a purchase is made on an employee card that is added to the account at the time of application or within 30 days of the account open date

$95 Annual Fee

Info about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.

Recent better offer: Up to 75K miles: 65k miles after $1K in purchases within 90 days and 10K miles when a purchase is made on an employee card that is added to the account at the time of application or within 30 days of the account open date


Card Type: Mastercard

Base
Travel
Phone
Office

Earning rate: ⚬ 2X AA, office supply, telecommunications services, and at car rental agencies ⚬ 1X everywhere else

Big spend bonus: $99 companion certificate with $30K account year spend; $3K elite qualifying dollars (EQDs) with $25K calendar year spend

Noteworthy perks: ⚬ First checked bag free ⚬ Preferred boarding ⚬ 5% bonus on miles earned the previous year after AF is paid ⚬ Reduced mileage awards ⚬ 25% statement credit on in-flight purchases

CitiBusiness AAdvantage Platinum Select World MasterCard
70K miles
70K after $4K spend in first 4 months

No Annual Fee First Year, Then $99

FM Mini Review: This card usually has a great signup bonus, but if you're looking for a card to keep long term, you'll find better options.


Card Type: Mastercard World

Base
Travel
Gas
Phone
Brand

Earning rate: ⚬ 2X AA ⚬ 2X certain telecommunications merchants ⚬ 2X car rental merchants ⚬ 2X gas

Big spend bonus: Earn $99 plus taxes domestic companion certificate after $30K spend

Noteworthy perks: ⚬ First checked bag free ⚬ Priority Boarding ⚬ Reduced mileage awards ⚬ Save 25% on inflight purchases

Virgin Atlantic World Elite Mastercard
Up to 65K miles
60K after $2K spend in first 90 days + 5K for adding 2 authorized users

$90 Annual Fee

Info about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.

Recent better offer: 75K: 20K after first purchase + 50K after $12K in 6 months + 5K for adding 2 authorized users


Card Type: Mastercard World Elite

Base

Earning rate: 1.5X everywhere

Big spend bonus: Companion award ticket with $25K annual spend; 7,500 bonus points with $15K cardmember year spend + an additional 7,500 points with $25K cardmember year spend; Also: 25 tier point towards elite status per $2,500 spend (max 50 tier points per month).

See also: An analysis of the Virgin Atlantic 90K offer

Chase Ink Business Unlimited

FM Mini Review: Great to earn 1.5X Ultimate Rewards in categories with no bonuses. Excellent companion card to Ink Business Preferred, Sapphire Reserve or Sapphire Preferred!


Card Type: Visa Signature Business

Base

Earning rate: 1.5X on all purchases.

See also: Chase Ultimate Rewards Complete Guide

Citi Premier Card

FM Mini Review: Very strong earnings for spend. Excellent bonus categories. Points transferable to select airlines. Sadly, this travel card doesn't provide any travel protections.


Card Type: Mastercard World Elite

Base
Travel
Dine
Gas
Other

Earning rate: ⚬ 3X travel and gas ⚬ 2X dining and entertainment

Noteworthy perks: With this card, ThankYou points become worth 1.25 cents each towards travel; or transfer points to airline partners

See also: Citi ThankYou Rewards Complete Guide

Chase Ink Business Cash Credit Card

FM Mini Review: This one should be in everyone's wallet. Incredible signup bonus for a no-fee card. Great card for 5X categories. Excellent companion card to Sapphire Reserve or Sapphire Preferred!


Card Type: Visa Signature Business

Base
Dine
Gas
Phone
Office

Earning rate: ⚬ 5X office supplies ⚬ 5X cellular/landline/cable (on up to $25,000 in total purchases in 5x categories annually) ⚬ 2X gas and restaurants

See also: Chase Ultimate Rewards Complete Guide

Southwest Rapid Rewards Performance Business Credit Card

Card Type: Visa Signature

Base
Travel
Phone
Biz
Brand

Earning rate: 3X Southwest ⚬ 2x on social media and search engine advertising, Internet, cable and phone services

Big spend bonus: If you earn 110,000 points in one calendar year, you'll get a companion pass good for the rest of that calendar year and all of the next year

Noteworthy perks: 9000 bonus points each year upon card renewal.

Chase Southwest Airlines Rapid Rewards® Premier Business Card
60K miles
60K after $3K spend in 3 months

$99 Annual Fee

This card is known to be subject to Chase's 5/24 rule.

Recent better offer: None. This is the highest public offer we've seen.

FM Mini Review: Great for signup bonus, but consider cancelling after first year.


Card Type: Visa

Base
Travel
Brand

Earning rate: 2X at at participating Rapid Rewards® hotel and rental car partners ⚬ 2X Southwest

Big spend bonus: If you earn 110,000 points in one calendar year, you'll get a companion pass good for the rest of that calendar year and all of the next year

Noteworthy perks: 6000 bonus points each year upon card renewal.

AAdvantage Aviator Red World Elite MasterCard
60K miles
60k miles after 1st purchase within 90 days and payment of the $99 AF

$99 Annual Fee

Info about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.

Alternate offer: There is an in-flight offer for 60K after first purchase with the 1st year fee waived. See this link; code 999999 may work for the promo code.

Recent better offer: None. This is the best we've seen.60k miles + introductory companion certificate (pay $99 + taxes for the companion) after 1st purchase within 90 days and payment of the $99 AF (Expired Oct 2019)


Card Type: Mastercard World Elite

Base
Brand

Earning rate: ⚬ 2X AA ⚬ 1X everywhere else

Big spend bonus: Starting May 2019: Earn $99 + tax domestic companion certificate with $20K membership year spend.

Noteworthy perks: First checked bag free ⚬ Preferred boarding for the primary cardmember and up to 4 companions traveling on the same reservation ⚬ Reduced mileage awards ⚬ 25% off in-flight purchases ⚬ $25 wifi credit per membership year ⚬ Flight cents: round up purchases to earn more miles

Citi AAdvantage Platinum Select World Elite Mastercard

FM Mini Review: Excellent choice for a great signup bonus. Plus it offers the usual collection of perks for flying AA (free checked bag, priority boarding, etc.)


Card Type: Mastercard World Elite

Base
Dine
Gas
Brand

Earning rate: 2X restaurants ⚬ 2X gas ⚬ 2X AA

Big spend bonus: $100 AA Flight Discount with $20K membership year spend

Noteworthy perks: ⚬ First checked bag free ⚬ Priority Boarding ⚬ Reduced mileage awards ⚬ Save 25% on inflight food and beverage purchases

JetBlue Business Card
Up to 60K miles
Up to 60K: 50K after $1K spend in 90 days and earn 10K after a purchase is made on an employee card. Note that this offer may only show up on the mobile version of the site.

$99 Annual Fee

FM Mini Review: This card is almost identical to the JetBlue Plus card except that this one earns 2X at office supply stores rather than grocery stores. Both cards are great choices for JetBlue flyers.


Card Type: Mastercard

Base
Dine
Office
Brand

Earning rate: ⚬ 2X restaurants and office supply stores ⚬ 6X JetBlue ⚬ 1X everywhere else

Big spend bonus: Earn Mosaic elite status with $50,000 calendar year spend. Mosaic status good for rest of calendar year and all of next year.

Noteworthy perks: ⚬ Free checked bag ⚬ 5000 bonus points every anniversary ⚬ 10% point rebate on awards ⚬ $100 statement credit w/ purchase of travel package ⚬ 50% savings on in-flight purchases

See also: Barclaycard JetBlue offers are live and worth a look

Barclays JetBlue Plus Mastercard
50K miles
50K after $1K spend in 90 days. Note that you may need to use a mobile browser to see this offer.

$99 Annual Fee

FM Mini Review: Frequent JetBlue travelers should seriously consider this card for its terrific perks. The combination of the 10% rebate on awards and the annual 5,000 point bonus make this card a keeper.


Card Type: Mastercard World Elite

Base
Dine
Grocery
Brand

Earning rate: ⚬ 2X restaurants and grocery ⚬ 6X JetBlue ⚬ 1X everywhere else

Big spend bonus: Earn Mosaic elite status with $50,000 calendar year spend. Mosaic status good for rest of calendar year and all of next year.

Noteworthy perks: ⚬ Free checked bag ⚬ 5000 bonus points every anniversary ⚬ 10% point rebate on awards ⚬ $100 statement credit w/ purchase of travel package ⚬ 50% savings on in-flight purchases

See also: Barclaycard JetBlue offers are live and worth a look

Lufthansa Miles & More® Premier World MasterCard® issued by Barclays
Up to 75K miles
Up to 75K miles: 50K after $3K spend in 90 days + 25K miles after $20K spend in first year

$89 Annual Fee


Card Type: Mastercard World

Base
Brand

Earning rate: 2X Miles & More

Noteworthy perks: Cardmembers receive a companion ticket and two complimentary Lufthansa Business Lounge vouchers after first purchase and each year after paying the annual fee

Capital One® Venture® Rewards Credit Card
50K "miles"
One time bonus: 50K after $3K spend in 3 months from account opening

No Annual Fee First Year, Then $95

FM Mini Review: This card earns 2 "miles" per dollar, which are worth exactly 1 cent each toward travel. This makes the return on spend similar to a 2% cash back card (though in this case you must redeem your miles to offset travel in order to get 1 cent per mile). One big advantage over cash back: Capital One allows transfering their "miles" to airline miles at a 2 to 1.5 ratio.


Card Type: Visa Signature

Base

Earning rate: 2X everywhere

Noteworthy perks: Earn 10x miles on hotels through January 2020; learn more at hotels.com/venture ⚬ Receive up to $100 application fee credit for Global Entry or TSA Pre✓® ⚬ Redeem miles for travel at value of 1 cent per mile ⚬ Convert "miles" to airline miles at a (mostly) 2 to 1.5 ratio ⚬ No foreign transaction fees

Sonesta World Mastercard
65K points
60K points after $1K spend in 90 days plus 5K points for adding an authorized user

No Annual Fee First Year, Then $75

FM Mini Review: Best for those who stay often at Sonesta hotels


Card Type: Mastercard World

Base
Travel
Brand

Earning rate: 2X airfare, car rental and dining ⚬ 3X Sonesta

Big spend bonus: 30K bonus points with $7.5K cardmember year spend

Noteworthy perks: Instant upgrade to Sonesta Travel Pass Elite (free club access or continental breakfast plus other perks)

Wells Fargo Business Platinum Visa® card
$500 Cash Back
$500 after $3K spend in the first 3 months OR no signup bonus if you choose to earn points instead of cash back

No Annual Fee

FM Mini Review: You must have a Wells Fargo checking or savings account that has been open for at least 12 months in order to apply online


Card Type: Visa

Base
1.5%

Earning rate: 1.5% cash back everywhere if you choose the cash back program (note that you must opt in to the cash back program at account opening to get the signup bonus and 1.5% everywhere. If you choose points, this card earns 1x everywhere and a bonus 1,000 points in any statement period that you spend $1,000 or more.

BOA Alaska Airlines Visa Business Card

FM Mini Review: Alaska miles are quite valuable so this offer is better than it appears


Card Type: Visa

Base
Brand

Earning rate: ⚬ 3X Alaska Airlines ⚬ 1X elsewhere

Noteworthy perks: ⚬ $121+ coach companion pass every year

BOA Amtrak Guest Rewards World Mastercard
20K points
20K after $1K spend in 3 months

$79 Annual Fee


Card Type: Mastercard World

Base
Travel
Brand

Earning rate: ⚬ 3X Amtrak ⚬ 2X qualifying travel ⚬ 1X elsewhere

Big spend bonus: Earn 1,000 Tier Qualifying Points towards elite status for each $5K spent in a calendar year. Limit 4,000 TQPs per year. Ability to transfer up to 25,000 points to hotel partners after $20K calendar year spend.

Noteworthy perks: ⚬ 5% Amtrak Guest Rewards point rebate on redemptions ⚬ Complimentary companion coupon ⚬ One-Class Upgrade and a single-day ClubAcela pass each year.

See also: Amtrak Guest Rewards credit card review

Citi ThankYou Prestige Card
50K points
50K ThankYou Rewards points after $4K spend in 3 months

$495 Annual Fee

FM Mini Review: The Prestige card's best in class 5X rewards for dining, airfare, and travel agencies is hard to beat. Sadly, this travel card doesn't provide any travel protections.


Card Type: Mastercard World Elite

Base
Travel
Dine

Earning rate: 5X airfare, dining, and travel agencies ⚬ 3X hotels and cruise line ⚬ 1X everywhere else

Noteworthy perks: $250 travel rebate per calendar year ⚬ Free lounge access: Citi Properietary Lounges; and Priority Pass Select with free guests ⚬ $100 Global Entry application fee credit ⚬ 4th night free hotel benefit

See also: Citi ThankYou Rewards Complete Guide

U.S. Bank FlexPerks® Business Edge Travel Rewards Visa® Card
25K points
25K points after $2K spend in 4 months. Employee card spend does not count towards meeting minimum spend

No Annual Fee First Year, Then $55

FM Mini Review: This can be a good choice for a signup bonus, but other cards are more rewarding for spend.


Card Type: Visa Business

Base
Travel
Gas
Phone
Office
Other

Earning rate: ⚬ 2X cell phone ⚬ 2X charity ⚬ 2X gas, office supply, or airline purchases (whichever is most each month).

Big spend bonus: $55 credit with $24K spend per cardmember year

Noteworthy perks: $25 airline fee credit when points are redeemed for flights

The Hawaiian Airlines® World Elite MasterCard® issued by Barclays
Up to 75K miles
50K after $2K spend in 90 days + 25K after $6K total in first 12 months

$99 Annual Fee

Info about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.

Alternate offer: You may be able to get 60K miles after 1st purchase via paper application distributed in-flight.


Card Type: Mastercard World Elite

Base
Dine
Gas
Grocery
Brand

Earning rate: 3X Hawaiian Airlines ⚬ 2x gas, dining, and grocery stores ⚬ 1x everywhere else

Noteworthy perks: Free checked bag ⚬ One time 50% off companion ticket ⚬ $100 off a companion ticket for roundtrip coach travel between Hawaii and North America on Hawaiian Airlines at each account anniversary

The Hawaiian Airlines® Business MasterCard® issued by Barclays
Up to 60K miles
50K after $1K in the first 90 days + 10K after a purchase is made on an employee card

$99 Annual Fee

Info about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.

Recent better offer: 60K after $1K in the first 90 days + 10K after first purchase on an employee card [Expired 8/19]


Card Type: Mastercard World Elite

Base
Dine
Gas
Office
Brand

Earning rate: 3X Hawaiian Airlines ⚬ 2x gas, dining, and office supply stores ⚬ 1x everywhere else

Big spend bonus: Earn up to 40,000 annual bonus miles — 20k miles with $50-$99k annual spend or 40k miles with $100k or more annual spend;

Noteworthy perks: One-time 50% off a companion discount on roundtrip coach travel between Hawaii and North America on Hawaiian Airlines

Chase IHG® Rewards Club Premier Credit Card
80K points
80K after $2K spend in 3 months

$89 Annual Fee

Recent better offer: 125K points + 25x IHG and 4x everywhere else (expired Oct 2019)

FM Mini Review: Good signup bonus. Keep only if you value the 40K annual free night and/or 4th night free awards.


Card Type: Mastercard World Elite

Base
Dine
Gas
Grocery
Brand

Earning rate: 25x at IHG properties and 4x everywhere total for the first year, then: ⚬ 10X IHG ⚬ 2X gas, grocery, and restaurants.

Big spend bonus: 10K bonus points after you spend $20K in a cardmember year + make one additional purchase

Noteworthy perks: ⚬ Annual free night e-certificate good at IHG properties up to 40K points per night (for certificates issued after 5/1/18) ⚬ Fourth night free on award stays ⚬ 20% discount on points purchases ⚬ Platinum elite status.

Best Western Rewards Premium MasterCard issued by First Bankcard
Up to 70K points
Up to 70K: 50K after $1K spend in 3 billing cycles + 20K after $5K total spend in first 12 billing cycles

No Annual Fee First Year, Then $59


Card Type: Mastercard World

Base
Brand

Earning rate: 10X at Best Western properties ⚬ 2X elsewhere

Big spend bonus: 20K bonus points when you spend at least $5,000 during each 12 billing cycle period

Noteworthy perks: ⚬ 10% off Flexible Rate Stays ⚬ Platinum Elite Status (get a free welcome snack)

BOA Amtrak Guest Rewards Platinum Mastercard

Card Type: Mastercard Platinum

Base
Brand

Earning rate: ⚬ 2X Amtrak ⚬ 1X elsewhere

Noteworthy perks: ⚬ 5% Amtrak Guest Rewards point rebate on redemptions.

See also: Amtrak Guest Rewards credit card review

Chase IHG® Rewards Club Traveler Credit Card
60K points
60K after $2K spend in 3 months

No Annual Fee

FM Mini Review: This would be a great companion card for anyone who still has the old $49 per year IHG card because the 4th night free from the card would stack with the 10% rebate with the other card.


Card Type: Mastercard World

Base
Dine
Gas
Grocery
Brand

Earning rate: ⚬ 5X IHG ⚬ 2X gas, grocery, and restaurants

Big spend bonus: Gold status with $10K spend in a calendar year

Noteworthy perks: Fourth night free on award stays ⚬ 20% discount on points purchases ⚬ No FX fees ⚬ IHG Gold status

Frontier Airlines World MasterCard®

Card Type: Mastercard World

Base
Dine
Brand

Earning rate: 5X at FlyFrontier.com ⚬ 3X restaurants

Big spend bonus: $100 discount voucher after $2,500 in annual spend. ⚬ Elite 20K status (free bag & seat selection) w/ $20K calendar year spend ⚬ Elite 50K (adds family seating & free seat selection for up to 8 companions) with $50K calendar year spend ⚬ Elite 100K status (adds "theWORKS" bundle for primary cardmember & up to 8 traveling companions) with $100K calendar year spend

Noteworthy perks: ⚬ Keep miles from expiring with one purchase every six months. ⚬ No award redemption fee when taxes/fees are paid for with the card.

JetBlue Card

FM Mini Review: Not bad for a fee-free airline card.


Card Type: Mastercard World

Base
Dine
Grocery
Brand

Earning rate: ⚬ 2X restaurants and grocery ⚬ 3X JetBlue ⚬ 1X everywhere else⚬

Noteworthy perks: 50% savings on eligible inflight purchases including cocktails, food and movies.

See also: Barclaycard JetBlue offers are live and worth a look

Korean Air SKYPASS Business Visa issued by US Bank
30K miles
30K miles after $3K in 90 days

$95 Annual Fee


Card Type: Visa

Base
Travel
Gas
Brand

Earning rate: 2X miles on Korean Air, Gas Stations, Hotels

Noteworthy perks: ⚬ 2 Korean Air VIP Lounge coupons each year ⚬ 2,000 bonus points upon renewal ⚬ No foreign transcation fees

Citi Business ThankYou Card

Card Type: Mastercard World

Base
Other

Earning rate: 3X rotating quarterly categories

Noteworthy perks: Anniversary bonus on base earnings each membership year. (1% in year 1, 2% in year 2 and 3% in year 3 and beyond.)

See also: Citi ThankYou Rewards Complete Guide

TD Business Solutions Visa

Card Type: Visa

Base
1%
Dine
2%
Gas
2%
Phone
3%

Earning rate: ⚬ 3% phone, internet and cable services ⚬ 2% dining and gas stations

Bank of America Business Advantage Cash Rewards Mastercard

Card Type: Mastercard

Base
1%
Travel
3%
Dine
2%
Gas
3%
Phone
3%
Office
3%
Biz
3%

Earning rate: 2% on dining plus 3% on 1 choice from: gas stations (default), office supply stores, travel, TV/telecom & wireless, computer services or business consulting services (for the first $50,000 in combined choice/dining purchases each calendar year, 1% thereafter) and 1% everywhere else.

Noteworthy perks: When you're a Business Advantage Relationship Rewards client, you can get up to 75% rewards bonus on every purchase you make. This means that you can earn up to 5.25% with this card! Your rewards bonus is based on your enrolled tier – Gold 25%; Platinum 50%; or Platinum Honors 75%.

Capital One® Savor® Cash Rewards Credit Card
$300 Cash Back
Earn a one time bonus: $300 after $3K spend in 3 months from account opening

No Annual Fee First Year, Then $95

FM Mini Review: Excellent cash back card for dining and entertainment spend.


Card Type: Mastercard

Base
1%
Dine
4%
Grocery
2%
Other
4%

Earning rate: 4% cash back on dining and entertainment ⚬ 2% at grocery stores ⚬ 8% back on tickets at Vivid Seats through May 2020 ⚬ 1% everywhere else

Noteworthy perks: No foreign transaction fees

BOA Business Advantage Travel Rewards World Mastercard

Card Type: Mastercard World

Base
1.5X
(1.5%)
Travel

Earning rate: 1.5X everywhere; 3X for travel booked through BOA's travel center

Noteworthy perks: When you're a Business Advantage Relationship Rewards client, you can get up to 75% rewards bonus on every purchase you make. Your rewards bonus is based on your enrolled tier – Gold 25%; Platinum 50%; or Platinum Honors 75%

Citi AAdvantage® Executive World Elite MasterCard®
60K miles
60K miles after $6K spend in first 3 months

$450 Annual Fee

FM Mini Review: Excellent choice for those who need Admirals Club access (included for both the primary member and authorized users). Heavy spenders who are short of the miles necessary for status can earn 10K elite qualifying miles with $40K spend. Plus, it offers the usual collection of perks for flying AA (free checked bag, priority boarding, etc.).


Card Type: Mastercard World Elite

Base
Brand

Earning rate: 2X AA

Big spend bonus: 10K Elite Qualifying Miles towards elite status when you spend $40K in calendar year

Noteworthy perks: ⚬ First Checked Bag Free ⚬ Admirals Club® access for both primary and authorized users ⚬ 25% savings on eligible in-flight purchases on American Airlines and US Airways flights ⚬ Up to $100 Global Entry or TSA PreCheck application fee credit

Air France KLM World Elite Mastercard

Card Type: Mastercard World Elite

Base
Brand

Earning rate: 3X on Air France, KLM, and SkyTeam purchases ⚬ 1.5X everywhere else

Big spend bonus: 5K after anniversary when you spend $50 or more the previous year ⚬ 40XP points towards status after anniversaru when you spend $15K or more the previous year

Citi® Expedia®+ Voyager Card

Card Type: Mastercard World

Base
Dine
Brand
Other

Earning rate: 4X Expedia purchases ⚬ 2x restaurants & entertainment

Big spend bonus: 5K anniversary bonus with $10K annual spend

Noteworthy perks: ⚬ $100 annual air travel fee credit ⚬ Expedia+ Gold status

BOA Platinum Business Visa

FM Mini Review: No rewards on everyday purchases, but a nice sign-up bonus for a no annual fee card.


Card Type: Visa Platinum

Citi Rewards+ Card
15K points
15K points after $1K spend in 3 months

No Annual Fee

FM Mini Review: 10% points rebate (up to 10K rebate per year) make this a great choice to pool with ThankYou Premier, Prestige, and/or Double Cash


Card Type: Mastercard World

Base
Gas
Grocery

Earning rate: 2X at supermarkets and gas stations on up to $6,000 per year ⚬ Round up to nearest 10 TY points on all purchases

Noteworthy perks: Round up to the nearest 10 points on all purchases with no cap. ⚬ get 10% of your points back on the first 100K redeemed each year

See also: Citi ThankYou Rewards Complete Guide

Capital One® VentureOne® Rewards Credit Card
20K "miles"
One time bonus: 20K after $1K spend in 3 months from account opening

No Annual Fee

FM Mini Review: Many no-fee cards offer better rewards, so there's no point in using this card after collecting the welcome offer.


Card Type: Visa Signature or Platinum

Base
1.25X
(1.31%)

Earning rate: 1.25X everywhere

Noteworthy perks: Earn 10x miles on hotels through January 2020; learn more at hotels.com/venture ⚬ Redeem miles for travel at value of 1 cent per mile ⚬ Convert "miles" to airline miles at a (mostly) 2 to 1.5 ratio ⚬ No foreign transaction fees

Major League Baseball®
BankAmericard Cash Rewards™ MasterCard® credit card

Card Type: Mastercard World

Base
1%
Grocery
2%
Shop
2%

Earning rate: 2% at grocery stores and wholesale clubs; and 3% on gas up to the first $2,500 in combined purchases each quarter

Noteworthy perks: Up to 75% bonus for Preferred Rewards banking customers

Bank of America Cash Rewards
$200 Cash Back
$200 after $1000 spend in 90 days

No Annual Fee


Card Type: Mastercard World

Base
1%
Travel
3%
Dine
3%
Gas
3%
Grocery
2%
Shop
3%
Other
3%

Earning rate: 3% back on your choice of the following: gas, online shopping, dining, travel, drugstores, home improvement & furnings (can choose a new category monthly). ⚬ 2% back at grocery stores & wholesale clubs ⚬ 1% back everywhere else. 2% and 3% rewards are capped at $2500 in combined purchases per quarter

Noteworthy perks: Up to 75% bonus for Preferred Rewards banking customers

American Airlines AAdvantage MileUp Card
10K miles + $50
Earn 10K AA miles + $50 statement credit after $500 spend in 3 months

No Annual Fee

FM Mini Review: Not bad for grocery spend if you highly value AA miles


Card Type: Mastercard World Elite

Base
Grocery
Brand

Earning rate: 2X grocery ⚬ 2X AA ⚬ 1X everywhere else

Noteworthy perks: Save 25% on inflight food and beverage purchases

Chase United MileagePlus® Club Business Card

FM Mini Review: While pricey, the Chase United MileagePlus® Club Business Card is a great choice for those who want a United club membership and waived close-in award fees.


Card Type: Visa Signature

Base
Brand

Earning rate: ⚬ 2X United ⚬ 1.5X everywhere else

Noteworthy perks: ⚬ United Club membership ⚬ No fees on close-in awards ⚬ Priority check-in, security screening, baggage handling, and boarding ⚬ Free 1st and 2nd checked bags ⚬ Hertz President's Circle Elite Status ⚬ Primary auto rental collision damage waiver

Capital One® Spark® Miles Select for Business
20K "miles"
One time bonus: 20K after $3,000 spend in 3 months from account opening

No Annual Fee

FM Mini Review: This card is basically the same as the Spark Cash Select for Business, but rewards are intended to be used to offset travel purchases. This is a good option for business owners who prefer simple rewards with no annual fee, and who value free travel over cash back. If you spend more than $19K per year, though, go for the 2X Spark Miles card.


Card Type: Visa Signature

Base
Travel

Earning rate: 1.5X everywhere ⚬ Earn 5X miles on hotel and rental car bookings through Capital One Travel

Noteworthy perks: Redeem miles for travel at value of 1 cent per mile ⚬ Convert "miles" to airline miles at a (mostly) 2 to 1.5 ratio ⚬ No foreign transaction fees

Capital One® Spark® Cash Select for Business
$200 Cash Back
One time bonus: $200 after $3,000 spend in 3 months from account opening

No Annual Fee

FM Mini Review: This is a good option for business owners looking for simple cash back rewards with no annual fee. If you spend more than $19,000 per year, though, you would be better off with the 2% Spark Cash card.


Card Type: Visa Signature

Base
1.5%

Earning rate: 1.5% everywhere

Noteworthy perks: No foreign transaction fees

Capital One® Quicksilver® Cash Rewards Credit Card
$150 Cash Back
One time bonus: $150 after $500 spend in 3 months from account opening

No Annual Fee

FM Mini Review: While you can do better with a no-fee 2% cash back card, the Quicksilver card often offers excellent discounts with popular services such as Uber or Spotify.


Card Type: Visa Signature or Platinum

Base
1.5X
(1.5%)

Earning rate: 1.5% everywhere

Noteworthy perks: No foreign transaction fees

Capital One® SavorOne® Cash Rewards Credit Card
$150 Cash Back
One time bonus: $150 after $500 spend in 3 months from account opening

No Annual Fee

FM Mini Review: The combination of 3% cash back on dining and no foreign transaction fees would be attractive for a no annual fee card, but the Barclaycard Uber card eclipses this one by offering 4% cash back for dining.


Card Type: Mastercard

Base
1%
Dine
3%
Grocery
2%

Earning rate: ⚬ 3% on dining ⚬ 2% on purchases at grocery stores ⚬ 1% everywhere else

Noteworthy perks: No foreign transaction fees

AT&T Access Card

FM Mini Review: Good choice for those who shop often online (thanks to 2X earnings). Or, better yet, start with this card and then product change to the AT&T Access More card.


Card Type: Mastercard World

Base
Travel
Shop
Brand

Earning rate: ⚬ 2 points per $1 on products and services that are purchased directly from AT&T ⚬ 2 points per $1 on all purchases at online retail and travel sites ⚬ 1 point per $1 on all other purchases

See also: Citi ThankYou Rewards Complete Guide

Discover it® for Students
$50 + First Year Double + $20/year
Get $50 after first purchase. All cashback earned in first 12 months will be doubled including 5% earned in rotating categories. Plus, get $20 cash back each school year your GPA is 3.0 or higher for up to the next 5 years.

No Annual Fee

FM Mini Review: In my opinion this is the single best "starter card" for students. It offers great rewards and no annual fee.


Card Type: Discover

Base
Shop

Earning rate: 5X in rotating categories, up to $1500 spend per quarter. 2019 Q4 = Amazon, Target, and Walmart.com

Noteworthy perks: Discover Cash Back is worth more than face value when redeemed for partner gift cards

Citi® Expedia+ Credit Card

Card Type: Mastercard World

Base
Brand

Earning rate: 3X Expedia purchases

Big spend bonus: One elite night towards Gold status for each $2.5K in spend each year

Noteworthy perks: Free Expedia+ Silver status

Virgin Atlantic White Card

Card Type: Mastercard World Elite

Base
Brand

Earning rate: ⚬ 3X Virgin Atlantic ⚬ 1X elsewhere

Big spend bonus: 2,500 bonus points with $5K cardmember year spend + an additional 5,000 points with $15K cardmember year spend;

Discover it®
$75 + First Year Double
Get $75 after first Amazon purchase. All cashback earned in first 12 months will be doubled including 5% earned in rotating categories.

No Annual Fee

FM Mini Review: This is a great choice for its rotating 5% categories


Card Type: Discover

Base
Shop

Earning rate: 5X in rotating categories, up to $1500 spend per quarter. 2019 Q4 = Amazon, Target, and Walmart.com

Noteworthy perks: Discover Cash Back is worth more than face value when redeemed for partner gift cards

Discover it Miles - Double Miles your first year
$50 + First Year Double
Get $50 after first purchase. All miles earned in first 12 months will be doubled. This makes this a 3% cash back card for the first year.

No Annual Fee

FM Mini Review: Great card to get for its first year 3% cash back.


Card Type: Discover

Base
1.5X
(1.5%)

Earning rate: 1.5 miles per dollar for all spend.

Noteworthy perks: ⚬ No foreign transaction fees ⚬ Redeem miles for travel or for cash back (1 cent per mile either way)

See also: Discover introduces a new card and a potentially VERY lucrative 1st year offer

Asiana Airlines Visa Business Card

Card Type: Visa

Base
Brand

Earning rate: 2X Asiana

Noteworthy perks: 2 X $100 credits annually on U.S. departure Asiana operated flights.

Citi Rewards+ Student Card
2.5K points
2.5K after $500 spend in 3 months

No Annual Fee

FM Mini Review: 10% points rebate (up to 10K rebate per year) make this a great choice to pool with ThankYou Premier, Prestige, and/or Double Cash


Card Type: Mastercard World

Base
Gas
Grocery

Earning rate: 2X at supermarkets and gas stations on up to $6,000 per year ⚬ Round up to nearest 10 TY points on all purchases

Noteworthy perks: Round up to the nearest 10 points on all purchases with no cap. ⚬ get 10% of your points back on the first 100K redeemed each year

See also: Citi ThankYou Rewards Complete Guide

Marvel MasterCard from Synchrony

FM Mini Review: Good option if used only in 3% categories (e.g. dining and entertainment)


Card Type: Mastercard

Base
1%
Brand
3%
Other
3%

Earning rate: ⚬ 3% cash back for dining, select entertainment, and Marvel purchases
(Select entertainment = Movie Theatres, Video Rental and Game Stores, Theatrical and Concert Promoters, Amusement Parks, Digital Entertainment, Games and Software, Music, Books and Newsstands, Toys and Hobby Stores)

Noteworthy perks: 10% off and other discounts at Marvel.com

Discover it Business - Double cash back your first year
First Year Double
All cash back earned in first 12 months will be doubled. This makes this a 3% cash back card for the first year.

No Annual Fee

FM Mini Review: Great card to get for its first year 3% cash back.


Card Type: Discover

Base
1.5X
(1.5%)

Earning rate: 1.5% cash back for all spend.

Noteworthy perks: ⚬ No foreign transaction fees ⚬ Redeem cash back in any amount

See also: New Discover Business card: effective 3% back first year

Citi Double Cash Card

Recent better offer: None

FM Mini Review: 2X rewards for all spend with no annual fee makes this card a winner. Earn 2X everywhere and redeem for the equivalent of 2% cash back or 2X ThankYou points. Pair with the Premier or Prestige card to make points transferrable to airlines.


Card Type: Mastercard World Elite

Noteworthy perks: 1X when you make a purchase + 1X when you pay for those purchases

Huntington Voice

FM Mini Review: With most of this card's category bonuses, you can do better with other cards. If you do find a useful category and max out the $2K spend each quarter, you'll come out only $80 ahead per year compared to using a 2% cash back card.


Card Type: Mastercard

Base
Travel
Dine
Gas
Grocery
Shop
Office
Biz
Other

Earning rate: 3% cash back on up to $2K in spend in the category you choose each quarter: gas stations, travel & entertainment, restaurants, discount & warehouse stores, grocery stores, utilities & office supply stores, electronics and computer and camera stores, department and apparel and sporting good stores, auto parts & service, and home improvement stores

AAdvantage® AviatorTM Silver World Elite MasterCard®

FM Mini Review: $25 per day of in-flight food & beverage credits is pretty interesting. If you fly AA enough to make good use of this, this card is well worthwhile.


Card Type: Mastercard World Elite

Base
Travel
Brand

Earning rate: ⚬ 3X AA ⚬ 2X hotel and car rentals ⚬ 1X everywhere else

Big spend bonus: Earn $99 + tax domestic certificate for up to 2 companions with $20K membership year spend ($30K spend required until May 2019) ⚬ Earn 3000 EQDs towards elite status with $50K calendar year spend.

Noteworthy perks: $25 per day in-flight food & beverage credit ⚬ First checked bag free ⚬ Priority Boarding ⚬ Reduced mileage awards ⚬ $100 Global Entry application fee credit ⚬ 25% off in-flight purchases Starting May 2019: $50 wifi credit per membership year ⚬ light cents: round up purchases to earn more miles

In addition to the Amex SPG Lux card (which I’m hoping will become available today), I’m thinking of signing up for the Citi Premier and the CitiBusiness AAdvantage card within the next few days.  And, assuming my applications are approved, I’ll use Plastiq with those Citibank cards until I’ve met the minimum spend requirements.  Then, I’ll move on to new cards…

About Greg The Frequent Miler

Greg is the owner, founder, and primary author of the Frequent Miler. He earns millions of points and miles each year, mostly without flying, and dedicates this blog to teaching others how to do the same.

More articles by Greg The Frequent Miler »

Regarding comments: Comments posted at the bottom of Frequent Miler pages and posts are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

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Zzzquill
Guest
Zzzquill

Did you not meet your conversion quota for this month Greg? LMAO at the number of links

Bob
Guest
Bob

Greg: Thanks for the timely post. One set of options you omit are Bank of America Business Advantage (or Preferred Rewards) mastercards. With platinum honors status (granted, one needs to “park” $100k with BoA to get that – in savings, checking or IRA), rewards are pumped up to 2.62%, which covers the plastiq 2.5% fee.

Troy
Guest
Troy

Sorry Greg but for me, AMEX Blue Business Plus at 2X now will be the card for almost everything I use on Plastiq; which is basically the same I was getting with Ink Business Preferred. With that said however and as a Hyatt Globalist I do need plan on using WOH as well given your point about ease of maintaining status.

Syam Karimojju
Guest
Syam Karimojju

Citi att card still earns 3x on plastiq. My mortgage payments earning me 3x points from long time.

Hunter
Guest
Hunter

News to me. My rent payments, which earned 3x via Plastiq for years on AT&T Access More, stopped earning 3x in February of this year. I’ve still left it with the card to earn the 10k annual points since I don’t have the Ink Preferred.

I don’t have fee free dollars, so I wonder which, if any, of the other cards are the best options. I only make rent payments on Plastiq so maybe the Blue Business Plus, but I’m not sure that’s worth it.

J L
Guest
J L

is it a difference of mortgage vs. rent payment?

Syam Karimojju
Guest
Syam Karimojju

I am not sure. I am paying wellsfargo — recurring payment was set up long time back. It is still getting coded as Online Retail & Travel Purchases earning 3x while i am paying 1.5% fee on Plastiq.

Yuri
Guest
Yuri

What is Plastiq category for this?

Henry
Guest
Henry

Sure about that? I had the same setup. Locked in at 1.5% earning 3x and paying WF. That all stopped back in Feb/Mar along with everyone else.

Byron
Guest
Byron

How do you have it setup in Plastiq. What category and whom are you paying? I could not get my ATTMore card to give me 3x on my mortgage.

Nick Reyes
Editor

ATT no longer earns 3x on Plastiq. As the title indicates, 3x on Plastiq is dead – this post is about the best alternatives.

Nick Reyes
Editor

Note that you might be able to get a good retention offer on that card though:

https://frequentmiler.boardingarea.com/2018/06/07/36000-points-in-8-minutes-sort-of/

I’m earning 3x everywhere on up to $17.5K spend. See that post for details.

Steve
Guest
Steve

Greg what do you think about the Barclays Premier Mastercard, at least for the first year? Btw, I got rejected for both this card and the Virgin card when I was looking for a plastiq replacement, so I had to convert to the ink biz unltd from the ink cash. Also the Jet Blue MC, for mosaic status after 50k spend could be a possibility if you fly jet blue a fair amount,

Ryan
Guest
Ryan

I was thinking the same thing, no strategy for the Barclays MC line up like the Premier or does the annual fee kill the value?

Rob
Guest
Rob

I was looking at this card (Barclays Arrival Premier MC) to pay my mortgage. I thought this was a good choice as the Arrival Premier earns two miles per dollar on all spending, with a 15,000 mile bonus awarded at $15,000 and another 10,000 at $25,000 in a year. If I spend $25,000 (easily with mortgage), the miles earning/multiple is 3x (75,000 miles with $25,000 spend). But the math didn’t workout due to the card’s annual fee and Plastiq’s 2.5% fee; came out losing about $6.25 per $25K spend via Plastiq.

Here is my math (please correct if I made mistakes) for $25K spend.

Plastiq’s fee is $625 ($25,000 x 0.025)
Arrival Premier MC AF is $150
Total fee $775

Earn 76,875 miles ($25,625 payment via plastiq times 3x earning/multiple ); miles are worth $0.01 so $768.75 when redeemed for travel statement credit. I never used plastiq so I presume the credit card total is the base payment + plastiq’s fee thus the total miles earned the combination of both.

$768.75 – $775 = -$6.25

Maybe still worth it? Maybe consider the $150 AF waived the first year as a credit to spread across 24 years (150 / 6.25) as break-even?

Steve
Guest
Steve

Yeah, like the discover, it would be a first year card only, unless you could tease more than 3% out of the miles. Not familiar with the transfer partners so don’t know if that’s realistic.

Chris
Guest
Chris

“Payments using personal Visa cards from other issuers (other than Capital One) will code as a cash advance. That means you’d incur cash advance fees and wouldn’t earn any credit card rewards.”

Does that include Chase? You say above that Chase will be ok here as long as < 20% of CL, then in the point here you say all issuers other than Cap One will be cash advance.

Tom
Guest
Tom

I apologize if I’m asking an obvious question, but I was unaware of this recent change… so you’re saying that it is now possible to make ANY plastiq payments using a Chase personal VISA card as long as each individual payment is less than 20% of your total credit limit, INCLUDING mortgage/HELOC payments? Or are mortgage/HELOC payments still excluded? Thanks for the clarification.

Steve
Guest
Steve

No, unfortunately no mortgage payments with any kind of visa.

Mary Jane
Guest
Mary Jane

Hi Greg (or anyone else), I’ve had a Chase Ink Plus card for years but only now am I questioning this-I assumed since it was a fee card that I was getting the 1.5 exchange rate for points since it was a fee chard. Did I need a Sapphire card all these years to get the best exchange rate?

Steve
Guest
Steve

The ink plus is 1:1 for unbounded spend. You may need a biz unltd to get 1.5. But don’t convert your plus. It’s discontinued and pulls double duty by allowing airline transfers with office supply and internet/cell bonus spending, Make them pry it from your cold, dead hands.

gina
Guest
gina

My question is similar to Tom’s–I presume I can use my chase reserve provided I am using less than 20% of my total credit limit; and I presume my Chase Ink Business plus will work as it is a business card. This is for tuition purposes.

Bear
Guest
Bear

Wells Fargo Propel?

zero
Guest
zero

Luckily I happened to pay my wife’s $5k tuition bill a few days before they killed 3x on the CIP. Every MS avenue only lasts so long as you always zen-fully remind us. Can you do another MS what works?-type post? I feel like it’s been a little while. Seems like there really aren’t that many MS options these days.

Yuri
Guest
Yuri

Where is Arrival Premier? You can get up to 2.14 mpd with it. No signup bonus though. Considering this or VS card for Plastiq.

Brett
Guest
Brett

So I can sign up for plastiq and pay my mortgage with my Chase Ink Business Unlimited card?

Miles Ahead
Guest
Miles Ahead

Great reminder post. Completely forgot about the visa thing and was about to make a different cc plan based on plastiqfor min spend.
Good on you that you can get massive fee free Plastiq payments! I want some of your action! lol In your situation, I totally get and would go with WofH Chase Card. When you think of the points value (I easily get >2% value w either points and pay or straight points) and then free nights at 15k, explorist level and globalist level, if you can spend that much (and you can!) you will get 3 free nights, a nice amount of WofH points which are in themselves a great value and then globalist status. Holy no brainer, Batman!

For the rest of us, well me specifically, Amex BB works ffor rent and utilities as the point value far excess the 2.5%, but still is not great. A better angle for me, and maybe some on others here is one or more of Chase’s Avios Trio of cards (Aer Lingus, British Air, Iberia). For me in Chi-town the value of Iberia to Madrid direct for 68K biz and then earning a companion pass worth 1k for 30K spend, is a really good use of Plastiq spend. No other airline from the midwest, let alone my home town can I fly direct biz class for so few points and the 30K of spend takes me almost halfway there + the 1k companion pass. Even converting the Avios for Domestic flights along with the 1K compaion pass would still yield a nice profit on plastiq spend for those not in the same travel market as me, though this is YMMV 4 sho. Thoughts?

trackback

[…] With Plastiq 3X dead, what’s next? […]

77Jake
Guest
77Jake

The Masterpass promotion is still going on so I’m buying Mastercard GC from Staples (right now, $100 cards are no fee) or the $500 cards from Giftcards.com and prepaying my property tax in $250 installments.

Paul
Guest
Paul

I have 34K I’m paying off for my wife’s school loans. I’ll be paying it off through plastiq. Is my best play just meeting minimum spends on a bunch of cards ?

Jackrin
Guest
Jackrin

So with consumer chase visas, are you saying if my CL is 5k, I can only pay up to 1k through Plastiq?

John
Guest
John

Greg, We used our free night when getting the Hyatt card for the all inclusive in Cancun. That was pretty wonderful. However, I had never considered using the Hyatt card on Plastiq since it earns only 1 point per dollar spent. That would seem like a big penalty. Would you explain using using the Hyatt card on Plastiq in more detail. If it makes sense, I could spend on Plastiq with it and throw in some MS with it.

Matt
Guest
Matt

Greg is that 3x comes from Plastiq charges falling under “office supplies”? Curious because the alive Ink Chase card gives 5x on office supplies

Nick Reyes
Editor

Short answer: No.

Longer answer: It doesn’t code as 3x anymore. To my knowledge, nobody ever figured out why it coded as 3x. The charges didn’t appear to code as anything that would trigger a bonus category. The Ink Cash / Ink Plus cards did not earn 5x at Plastiq.

trackback

[…] 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 […]