[Expired]Plastiq: Pay Bills with Mastercard with No Fee using Masterpass

Deal has now expired, view more Plastiq deals here.

Update #2 (9/13/18): Offer wasn’t working for a brief time, it’s now working properly again. Also a good time to send out this reminder that the offer ends on September 30th.

Update: Looks like this one was too good to last. Plastiq has sent out an e-mail stating:

Due to the high demand for our latest promotion, conducted in partnership with Mastercard, we wanted to give you advance notice of an upcoming update. Starting June 1, 2018, the promotion will apply to any bill or invoice, up to a maximum of $250 each, instead of $500.*

If you’ve already scheduled payments with this promotion, we will still honor the promotional fee applied to those payments. But please note that editing these scheduled payments will result in a loss of the promotional fee.

If you haven’t taken advantage of this promotion yet, this is your time to do so! Don’t forget to make sure the payment is delivered by September 30, 2018 to qualify.

Honestly even with a $250 cap I’ll be surprised if it lasts until September 30th, 2018 but fingers crossed it does. Keep in mind you can still make $500 payments until May 31st.

The Offer

Plastiq is sending out an email offer in honor of their new partnership with Masterpass; this offer seems to be working for everyone who’s used Plastiq before:

  • Pay bills with a Mastercard using Masterpass and pay no processing fee for the first $500 in payments. Payments higher than $500 will pay a fee on the portion of the payment above $500.

You can use any credit card with Masterpass, but this promotion only works when using Mastercard within Masterpass. Next to ‘Add New Card’ you’ll see an option of ‘More Ways to Add’ and Masterpass will appear there.

The fee will show clearly as $0 on checkout page.

The Fine Print

  • To qualify for promotion, payment must be submitted or scheduled on or after May 15, 2018, and payment’s delivery date must be before or on September 30, 2018.
  • Your card must be successfully billed by Plastiq and remain in good standing to qualify for a promotional credit.
  • The promotional credit is non-transferable and may not be sold or bartered. Promotion subject to change or cancellation at any time. Offer may be revoked at any time for any reason by Plastiq. Offer void where prohibited by law.
  • Valid for new and existing customers.
  • Can only be used up to the first $500 on each transaction.
  • Must have made $500 in payments in account history to qualify (this blocks people from creating multiple accounts).

Our Verdict

It’s a $12.50 savings on each payment if maxed out. Pretty incredible that they are allowing it to be used multiple times up until September 30th – really a useful offer to take advantage of. You can also get .2% back on Plastiq payments with Drop.

Some people have an issue with a specific Masterpass wallet getting cookied into their Plastiq account and limits them to cards from a certain bank (e.g. Citi Masterpass or Capital One Masterpass). There should be a ‘Change Wallet’ option or go incognito to see if you can get the vanilla Masterpass to add any Mastercard.

New Plastiq users can get $500 in free processing when signing up using a referral link (here’s my Plastiq referral link), you can also share your referrals in this dedicated post. I’m not sure if this offer is valid for all users who have sent $500+ in prior payments or it’s targeted to only some. And we don’t know whether new users who signup now will get, or be eligible for, this offer.

Hat tip to DDG and runningwithmiles

212
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
MarcoPolo
MarcoPolo

William Charles Chuck
New Promotion email titled “Earn FFDs when you pay with Mastercard”
Earn fee-free dollars when you pay with Mastercard
https://help.plastiq.com/hc/en-us/articles/360010279214
From now until October 31, 2018, earn a fee-free dollar for every dollar you spend through Plastiq on a Mastercard.
Sign-in today to start earning fee-free dollars! For a payment to be eligible, make sure that you are:
Using a Mastercard credit card
Paying the full Plastiq fee of 2.5%
Setting up the payment so the processing date is on or before October 31, 2018 (what’s the processing date?)
All fee-free dollars will be credited to your account on Thursday, November 1, 2018. Please note that this promotion will only apply to payments that you set up starting today.

GreenBills
GreenBills

Its over now! No more plastiq until get a new card requiring a spend

JetsFan
JetsFan

Not working this evening. There is a fee even for ACH payments,

PJ
PJ

Damn! I just picked up some MCGCs looks like I’m too late

GreenBills
GreenBills

I missed reading it carefully, seems 9/30 end-date for both scheduling and delivery 🙁 (Not sure if below article was updated afterwards or it was there from the beginning)

Submit or schedule payments between June 1, 2018 12:00 a.m. ET and September 30, 2018 11:59 p.m. ET.
The payments’ delivery date must be before or on September 30, 2018.

help.plastiq.com/hc/en-us/articles/360004303093-Masterpass-Promotion-

Mr. PTM

Dammit, just hit with the 2.5% fee. Sent a note to support but guessing they’re not going to correct it it this time.

Joe S
Joe S

Anyone get this fixed, also getting charged the 2.5% fee and have a few payments to make.Does Plastiq customer support answer?

lvla
lvla

If you have set up ACH payments before, it still works with a 09/26 delivery date for payments set up today.

DaveC
DaveC

I now have made 3 payments in the past 2 days in which I was charged the 2.5%. The reason for this is because the Plastiq app doesn’t show any fee at the final screen prior to completing the payment, but then the fee shows up after the payment is sent. As far as I can tell, there’s no way I can tell if the fee will be charged until after the payment is made, but then it’s too late. My last payment was this morning about an hour ago, it shows delivery date of 9/29. I messaged Plastiq yesterday regarding getting a refund of the $6+ fee, they haven’t responded.

Brian C
Brian C

Dead again. Likely because as of right now, the earliest delivery date (if i start a new payment right now), is October 1st, which is after September 30th….

Don’t think it is coming back again this time….

Hoang Nguyen
Hoang Nguyen

Electronics delivery is still alive!

David
David

Looks like this isn’t working again… I am getting a fee now

David
David

Thanks for reaching out about our MasterPass promotion. we are aware there is a current bug preventing the promotion from applying correctly. I’m happy to email you as our team gets this fixed as they are currently working on that. Thanks for your patience.

Ram
Ram

Thanks for your patience. Our engineers have corrected the recent issue affecting the MasterPass promotion. Please go ahead with payments following the promotional rules for delivery by 9/30/2018 to enjoy the promotion.

DK
DK

hey what about payments I made should have qualified but I was charged a fee?

DaveC
DaveC

I just tried to make a payment and the 2.5% is being charged. When I did it 24 hours ago, there was no fee.