Posted by William Charles on May 22, 2019
Manufactured Spending

Published on May 22nd, 2019 | by William Charles

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[Expired] [Targeted] Plastiq: Pay 1% Fee Any New Recipient When You Use A Mastercard

Deal has expired, view more Plastiq deals by clicking here.

The Offer

Targeted offer, no direct link (check your emails for subject “Memorial Day special: A 1.0% Plastiq fee on your Mastercard”)

  • Plastiq is offering some users a 1% fee when they pay a new recipient using a Mastercard. Maximum transaction of $10,000. Instructions as follows:
    • Set up a payment for a recipient/vendor you haven’t successfully paid before
    • Enter a payment amount up to a maximum of $10,000
    • Submit or schedule a one-time payment using a US-issued Mastercard
    • On the payment review page, make sure your payment is scheduled to be processed before 11:59 PM EST on May 31, 2019.
    • Note- click the link to see how you can view the processing date before submission.

Our Verdict

Good deal if you were targeted. See our Plastiq review here. If anyone is signing up for a new Plastiq account, please use our Plastiq referral link. You’ll get $500 in free processing after you process $500 in paid processing (or, through May 31, get $10,000 in free processing if you signup as a business and process $10,000).

Hat tip to WS



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ay
ay

Does this mean MC GC’s are only charged 1%?

Sevillada
Sevillada

Yup

Debit
Debit

That is usually the case. No?

Sevillada
Sevillada

No

Hodor
Hodor

We need another Staples deal on them.

sevillada
sevillada

I’m digging plastiq promos. Keep it up guys

MarcoPolo
MarcoPolo

Do you have to do the entire $10,000 payment in one go?
IOW can I schedule multiple rent payments totalling $10,000 ?

vipul
vipul

On the payment review page, make sure your payment is scheduled to be processed before 11:59 PM EST on May 31, 2019.

Emma
Emma

Hi, Just signed up using the referral links above. Anyone who’s paid Wells Fargo via Pastiq, please share if the payment is by paper checks or ACH. Thanks!

Nate
Nate

Mine are ACH

Aloha808
Aloha808

It says “One time payment”.

Stryker
Stryker

And where do we find new Plastiq recipients? 🙁

Sam
Sam

You can send me some cash!! ;-P

usernamechuck
usernamechuck

the email Plastiq sent us didn’t specify new recipients… will this appear at some point in the transaction?

Won
Won

Unless you got a different email from the one I forwarded DoC, it does say so. The conditions DoC listed are verbatim from the email I got:

Dear Won,
To celebrate Memorial day, we’d like to make you an exclusive offer. Make a one-time payment of $10,000 or less to a new recipient with your US-issued Mastercard and get a 1.0% Plastiq fee.
Here’s how it works:
1. Set up a payment for a recipient/vendor you haven’t successfully paid before
2. Enter a payment amount up to a maximum of $10,000
3. Submit or schedule a one-time payment using a US-issued Mastercard
4. On the payment review page, make sure your payment is scheduled to be processed before 11:59 PM EST on May 31, 2019.
5. Note- click the link to see how you can view the processing date before submission.

Master Allan
Master Allan

Some, like myself, received a different offer about a week ago. No mention of new/existing recipient. I plan on making some heavy car payments:
“We noticed that you haven’t used a Mastercard recently to make your payments, so we’d like to make you a special offer.
Schedule three payments in a row with a Mastercard (up to $2,000 each) and benefit from a low 1.0% Plastiq fee – up to a $90 value.”

Won
Won

Yeah, for your promotion, it probably doesn’t matter if it’s a new recipient or not, which is convenient. For this one, it is specied, so I’m assuming you do need to pay someone new.

RY
RY

I had an issue where I added a new Mastercard (Citi AA) and it wasn’t giving me the 1% processing fee. For my already added Mastercard it was giving me the 1% though. I spoke with their support and complained enough to get 1000 FFDs

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