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

$95 Annual Fee

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

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

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

See also: How to sign up for Chase Ink cards

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

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

Chase Ink Business Unlimited
50K points
50K after $3K spend in 3 months

$0 Annual Fee

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

Earning rate: 1.5X on all purchases.

Note: This card is expected to be subject to Chase's 5/24 rule.

See also: Transferable points programs

Chase Ink Business Cash Credit Card
50K points
50K after $3K spend in 3 months

$0 Annual Fee

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

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

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

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

See also: How to sign up for Chase Ink cards

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

No Annual Fee First Year, Then $95

Recent better offer: None

FM Mini Review: One of the best all-around travel rewards cards: Very strong earnings for spend. Excellent bonus categories. Points transferable to select airlines.


Card Type: Mastercard World Elite

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

Virgin Atlantic World Elite Mastercard
75K miles
20K after first purchase + 50K after $12K in 6 months + 5K for adding 2 authorized users

$90 Annual Fee


Card Type: Mastercard World Elite

Earning rate: 1.5X everywhere

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).

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

Citi AAdvantage Platinum Select World Elite Mastercard
60K miles
60K after $3K spend in 3 months

No Annual Fee First Year, Then $99

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

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

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

$99 Annual Fee

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

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.

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

Capital One® Spark® Cash for Business
$500 Cash Back
$500 after $4,500 spend in 3 months from account opening

No Annual Fee First Year, Then $95

Recent better offer: $1,000 after $10,000 spend in 3 months from account opening

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

Earning rate: 2% everywhere

Lufthansa Miles & More® Premier World MasterCard® issued by Barclays
60K miles
60K miles: 20K after first purchase & 40K after $5K spend in 90 days

$89 Annual Fee

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


Card Type: Mastercard World

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

Chase United MileagePlus® Explorer Business
50K miles
50K after $3K spend in 3 months

No Annual Fee First Year, Then $95

Recent better offer: 50K after $2K spend. (Last reported in 4/2016)

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

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

Big spend bonus: 10K bonus miles after $25K calendar year spend

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

Note: You may be targeted for this same offer with a $50 statement credit. Details here.. This card is known to be subject to Chase's 5/24 rule.

AAdvantage® AviatorTM Business MasterCard®
50K miles
50k miles after 1st purchase within 90 days and payment of the $95 AF

$95 Annual Fee

Recent better offer: 60K miles after first purchase within 90 days [Expired 11/18]


Card Type: Mastercard

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

AAdvantage® AviatorTM Red World Elite MasterCard®
50K miles
50k miles after 1st purchase within 90 days and payment of the $95 AF

$95 Annual Fee

Recent better offer: 60K miles after first purchase within 90 days [Expired 11/18]


Card Type: Mastercard World Elite

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

Big spend bonus: $3K elite qualifying dollars (EQDs) with $25K calendar year spend

Noteworthy perks: ⚬ First checked bag free ⚬ Preferred boarding for the primary cardmember and up to 4 companions traveling on the same reservation ⚬ 10% rebate on AA awards (up to 10K per year) ⚬ Reduced mileage awards ⚬ 25% off in-flight purchases

JetBlue Business Card
50K miles
50K after $1K spend in 90 days

$99 Annual Fee

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

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

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

Barclaycard Arrival® Plus World Elite Mastercard®
60K Arrival miles
60K Arrival miles after $5K spend in 90 days

No Annual Fee First Year, Then $89 (waived the first year)


Card Type: Mastercard World Elite

Earning rate: 2X Miles on all purchases

Noteworthy perks: ⚬ Get 5% Miles back when redeeming for travel ⚬ Chip wth PIN capability ⚬ 0% introductory APR for the first 12 billing cycles on Balance Transfers made within 45 days of account opening. After that, a variable APR will apply, 17.99%, 21.99% or 24.99%, based on your creditworthiness.
There is a fee for balance transfers.
See Rates & Fees

See also: Why the Recent Arrival Changes are a Terrible Business Move For Barclaycard

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

$79 Annual Fee

Offer appears on the Amtrak home page.

Recent better offer: 30K after $1K spend in 3 months


Card Type: Mastercard World

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 AAdvantage® Executive World Elite MasterCard®
75K miles
75K after $7.5K spend in 3 months

$450 Annual Fee

Recent better offer: 75K after $7.5K spend in 3 months

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

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

Chase IHG® Rewards Club Premier Credit Card
Up to 105K points + $50
105K + $50: 100K after $3K spend in 3 months + 5K for adding authorized user + $50 statement credit after first purchase

$89 Annual Fee

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

Earning rate: ⚬ 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.

Capital One® Venture® Rewards Credit Card
50K "miles"
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). Signup bonus is excellent, but due to the annual fee, you can do better after the first year.


Card Type: Visa Signature

Earning rate: 2X everywhere

Noteworthy perks: ⚬ Earn 10x miles on hotels when you pay with your Venture card at hotels.com/venture ⚬ Redeem miles for travel at value of 1 cent per mile. ⚬ Receive up to $100 application fee credit for Global Entry or TSA Pre✓®

Barclays JetBlue Plus Mastercard

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

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

Capital One® Spark® Miles for Business
50K "miles"
50K after $4,500 spend in 3 months from account opening

No Annual Fee First Year, Then $95

FM Mini Review: This card is basically the same as the Spark Cash for Business, but rewards can only be used to offset travel purchases. This is a good option for business owners who prefer simple rewards and who value free travel over cash back.


Card Type: Vsia Signature

Earning rate: 2X everywhere

Noteworthy perks: Redeem miles for travel at value of 1 cent per mile.

Capital One® Savor® Cash Rewards Credit Card
$500 Cash Back
$500 after $3K spend in 3 months from account opening

No Annual Fee First Year, Then $95


Card Type: Mastercard

Earning rate: 4% cash back on dining and entertainment ⚬ 2% at grocery stores ⚬ 1% everywhere else

Wells Fargo Business Platinum Visa® card
$500 Cash Back
$500 after $5K spend in the first 3 months OR no signup bonus if you choose to earn points instead of cash back
(Offer Expires 9/30/18)

$0 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

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.

The Hawaiian Airlines® Business MasterCard® issued by Barclays
60K miles
60K after $1K in the first 90 days

$89 Annual Fee


Card Type: Mastercard World Elite

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 Marriott Rewards® Premier Business Plus

Card Type: Visa Signature Business

Earning rate: 6X Marriott/SPG ⚬ 4X dining, internet, cable and phone service ⚬ 4X gas stations and shipping ⚬ 2X everywhere else.

Big spend bonus: Gold status with $35K account year spend

Noteworthy perks: As of 8/26/18: 35K free night award each year upon renewal ⚬ Silver status ⚬ 15 elite night credits each calendar year ⚬ Free in-room premium internet

Note: This card is NOT subject to Chase's 5/24 rule

U.S. Bank FlexPerks® Business Edge Travel Rewards Visa® Card
26,667 points
26,667 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

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

BOA Amtrak Guest Rewards Platinum Mastercard
12K points
12K after $1K spend in 3 months

$0 Annual Fee

Recent better offer: 15K after $1K spend in 3 months


Card Type: Mastercard Platinum

Earning rate: ⚬ 2X Amtrak ⚬ 1X elsewhere

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

See also: Amtrak Guest Rewards credit card review

BOA Alaska Airlines Visa Business Card
30K miles+ Companion Ticket
30K + $0 companion fare (+ taxes/fees) after $1K spend in 3 months

$75 Annual Fee

Recent better offer: None

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


Card Type: Visa

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

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

Citi Business ThankYou Card
20K miles
20K after $2K spend in 3 months

$0 Annual Fee


Card Type: Mastercard World

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.)

Note: This card is available in-branch only and is not available online. The bonus may vary by region and can be as high as 40K.

Frontier Airlines World MasterCard®
40K miles
40K after $500 spend in 90 days

$79 Annual Fee


Card Type: Mastercard World

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.

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

$75 Annual Fee

Recent better offer: 45K after $3K spend targeted (last reported 3/1/2016)

30K: 15K after first purchase + 15K after $2k spend in 90 days

25K: 15K after first purchase, 10K after $2K spend in first 3 months (Expired 1/18)


Card Type: Visa

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

Bank of America Business Advantage Cash Rewards Mastercard
$350 Cash Back
$350 after $3K spend in 90 days

$0 Annual Fee


Card Type: Mastercard

Earning rate: 3% gas and office supply; 2% restaurants

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

Earning rate: ⚬ 10X at Best Western properties ⚬ 1X 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)

Air France KLM World Elite Mastercard
25K miles
25K after $1K in the first 3 months

$89 Annual Fee


Card Type: Mastercard World Elite

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

The Hawaiian Airlines® World Elite MasterCard® issued by Barclays
50K miles
50K after $3K spend in 90 days

$89 Annual Fee


Card Type: Mastercard World Elite

Earning rate: 2X Hawaiian Airlines

Big spend bonus: Earn 5,000 annual bonus miles after $10,000 in annual spend

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

TD Business Solutions Visa
$300 Cash Back
$300 after $3K spend in 90 days

$0 Annual Fee

Recent better offer: None


Card Type: Visa

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

Radisson Rewards Business Visa Card
85K points
85K: 50K after first purchase + 35K after $2.5K spend in 3 months

$60 Annual Fee

FM Mini Review: With the elimination of Bonus Award Nights, this card is still good, but it is no longer an amazing "must have".


Card Type: Visa Business

Earning rate: ⚬ 10X at CC hotels ⚬ 5X elsewhere.

Big spend bonus: Free night at any US property after each $10K annual spend up to $30K

Noteworthy perks: ⚬ Automatic Gold status ⚬ 40K bonus per year.

See also: Club Carlson rocks our world... Again

BOA Business Advantage Travel Rewards World Mastercard
25K points
25K after $1K spend in 60 days

$0 Annual Fee


Card Type: Mastercard World

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

JetBlue Card

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


Card Type: Mastercard World

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

Major League Baseball®
BankAmericard Cash Rewards™ MasterCard® credit card
$200 Cash Back
$200 after $500 spend in 90 days

$0 Annual Fee


Card Type: Mastercard World

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 $500 spend in 90 days

$0 Annual Fee


Card Type: Mastercard World

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

BOA Platinum Business Visa
$200 Cash Back
$200 after $500 spend in 60 days

$0 Annual Fee

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


Card Type: Visa Platinum

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

$0 Annual Fee

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


Card Type: Visa Signature or Platinum

Earning rate: 1.25X everywhere

Noteworthy perks: ⚬ Earn 10x miles on hotels when you pay with your VentureOne card at hotels.com/venture ⚬ Redeem miles for travel at value of 1 cent per mile.

AT&T Access Card
10K points
10K ThankYou Points after $1K Spend in 3 Months

$0 Annual Fee

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

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

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

$0 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

Earning rate: 1.5% everywhere

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

$0 Annual Fee

FM Mini Review: This card is basically the same as the Spark Cash Select for Business, but rewards can only 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

Earning rate: 1.5X everywhere

Noteworthy perks: Redeem miles for travel at value of 1 cent per mile.

Capital One® Quicksilver® Card - 0% Intro APR for 15 Months
$150 Cash Back
$150 after $500 spend in 3 months from account opening

$0 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

Earning rate: 1.5% everywhere

Noteworthy perks: 0% Intro APR for 15 months on purchases and balance transfers, then 14.74% - 24.74% (Variable)

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

$0 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

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

Virgin Atlantic White Card
12.5K miles
12,500 miles after first purchase

$49 Annual Fee

Recent better offer: None


Card Type: Mastercard World Elite

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® 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.

$0 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

Earning rate: 5X in rotating categories, up to $1500 spend per quarter

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

Citi® Expedia+ Credit Card
15K points
15K after $1K spend in 3 months

$0 Annual Fee


Card Type: Mastercard World

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

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

$0 Annual Fee

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


Card Type: Discover

Earning rate: 5X in rotating categories, up to $1500 spend per quarter

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

Asiana Airlines Visa Business Card
10K miles
10K after after first purchase

$80 Annual Fee


Card Type: Visa

Earning rate: 2X Asiana

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

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.

$0 Annual Fee

FM Mini Review: Great card to get for its first year 3% cash back. Good card to keep for its annual $30 in-flight reimbursement.


Card Type: Discover

Earning rate: 1.5 miles per dollar for all spend.

Noteworthy perks: ⚬ No foreign transaction fees ⚬ Free in-flight wifi (up to $30 per year) ⚬ 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

Citi® Expedia®+ Voyager Card
25K points
25K after $2K spend in 3 months

$95 Annual Fee


Card Type: Mastercard World

Earning rate: 4X Expedia purchases

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

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

Marvel MasterCard from Synchrony
$25 Cash Back
$25 after first purchase

$0 Annual Fee

Recent better offer: None

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


Card Type: Mastercard

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.

$0 Annual Fee

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


Card Type: Discover

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
None
None

$0 Annual Fee

Recent better offer: None

FM Mini Review: For those who prefer cash back, it's hard to beat 2% cash back and no annual fee. Use a different card when traveling internationally due to this card's foreign exchange fee.


Card Type: Mastercard World Elite

Noteworthy perks: 1% cash back when you make a purchase + 1% cash back when you pay for those purchases

AAdvantage® AviatorTM Silver World Elite MasterCard®

Card Type: Mastercard World Elite

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

Big spend bonus: Earn $3,000 EQDs after spending $25K and another $3,000 EQDs after $50K of spend.

Noteworthy perks: ⚬ First checked bag free ⚬ Priority Boarding ⚬ 10% rebate on AA awards (up to 10K per year) ⚬ Reduced mileage awards ⚬ $100 Global Entry application fee credit ⚬ 25% off in-flight purchases

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.

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Zzzquill
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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?

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[…] 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.