[Expired] New Plastiq Promo for Large Business Bills of $20k+ (1.75% fee on Mastercard Payments)

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The Offer

Direct Link

Plastiq released a new promotion today targeting businesses:

  • Use a Mastercard card to pay a $20,000+ bill and pay just 1.75% processing fee

Make sure the recipient is in the Business Services category. You should see the 1.75% reflected at checkout; no guessing game here. Standard fee is 2.5%, this is a .75% savings.

Any payment made in exchange for a business-related service or good, such as paying suppliers, contractors, and agencies, will be considered as “Business Services.”

The Fine Print

  • Must submit the payment between Monday, July 10, 2017, 12:00 a.m. EDT and Monday, July 31, 2017, 11:59 p.m. EDT. If you’re scheduling, make sure the payment is set to process no later than July 31, 2017.
  • The recipient must be in the Business Services category.
  • The payment amount must be at least $20,000.
  • The credit card used must be a Mastercard.

Our Verdict

This is a highly specific offer which most of us won’t find useful. For those with these kinds of large business charges, there could be a small gain in paying through Plastiq. For example, you can get 2% back with the Double Cash card for a profit of more than $50 on a $20k charge.

You can read our review of Plastiq here and go to the referral page here.

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6 Comments
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Ace Malik
Ace Malik (@guest_437415)
July 11, 2017 03:34

Havent used this before but could potentially pay using the USAA card and get .75% profit

Card only has $12k limit so i could transfer say $8k to my card from bank to increase limit and make $150

Frito Pendejo
Frito Pendejo (@guest_437082)
July 10, 2017 15:42

Interesting. I’m about to hire a contractor but I don’t think I’ll have a bill before the deadline

De
De (@guest_437078)
July 10, 2017 15:35

@vh, I think the online 3x ended already, no?

VH
VH (@guest_437087)
July 10, 2017 15:59
  De

I dont think so. It was supposed to work till July 20th. I might be wrong though.

VH
VH (@guest_437076)
July 10, 2017 15:28

I suppose even the ATT card will yield something (60K TYP), I think it works till July 21

Rabbmd
Rabbmd (@guest_437209)
July 10, 2017 19:24
  VH

Att only is ending real estate and gift card purchases. Online categories will still get 3x ty points. I have no idea what business services through plastiq will get.