Published on September 12th, 2017 | by William Charles24
American Express Cards No Longer Work to Pay Mortgage with Plastiq
In June Visa credit cards stopped working for mortgage payments with Plastiq. Unfortunately American Express cards are also no longer accepted for mortgage payments with Plastiq. This means that now only Mastercard & Discover cards are accepted forms of payment for mortgages with Plastiq. They are currently running a promotion where you pay 1.5% when you schedule 3+ mortgage payments with a Mastercard as well. Existing scheduled payments should continue to work as far as I know.
It also seems that some people can continue to make mortgage payments depending on how they bank codes on Plastiq’s system, only way to know for sure is through trial and error. You should see a failure message if it’s not allowed.