We’ve written a few times about Plastiq, which is an online bill paying service that allows you to use a credit card to pay bills, including those that you might not normally be able to pay with a credit card. Their standard fee is 2.5% of the total bill, but they often run promotions that allow you to get their fee lower than that. As a general rule, I would not recommend paying 2.5% in most cases, though there are scenarios where I think that it makes sense

Make payments with only a 1.5% fee

I recently got an email from Plastiq offering to make up to 3 payments of $10,000 or less for a 1.5% fee. There isn’t a direct link to the promotion but look for an email with subject title ” June Special: 1.5% fee on any three payments” or “There is still time: 1.5% fee on any three payments”.

Details of the promotion are:

• Enter a payment amount up to a maximum of $10,000
• On the payment review page, make sure your payment is scheduled to be processed before 11:59 PM EST on June 30, 2019.
• You can submit up to 3 one-time payments like this before 11:59 PM EST on June 30, 2019
• You do have to click on the link in the email to get the 1.5% rate.

Generally I’ve found Plastiq’s fraud protection to be fairly decent; meaning that if you’re making “payments”, I’d be prepared to answer plenty of questions about your payment including potentially providing an invoice.

Get $500 in fee free spend

If you weren’t targeted or you’re looking for more spend with Plastiq, you can still get $500 in fee free spend by signing up through my referral link. You have to spend $500 with Plastiq to get the $500 fee-free, so in reality, it’s like getting $1000 in spend at a 1.25% rate.

Good luck and happy spending