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(UPDATE 5/21 – rerunning this as this promo ends at the end of the month so if you’re looking to take advantage of this, you’ll want to schedule your June 1 rent / mortgage payment soon.  Also be sure to check out the fee free promo via Plastiq and Masterpass)

I have not written about Plastiq in awhile but they are back with a new promotion for new users only.  This promotion is specifically for paying rent (not mortgages)

  • Schedule 6 Rent/Real Estate payments and you will only pay a 2% Plastiq fee on each payment. (Plastiq fee will be standard for any payments beyond the first 6.)
  • Use any card
  • Promotion ends: The first payment must be submitted by May 31st at 11:59 PM Eastern

If you get a message that says something like Sorry this code is not valid, that likely means that you already have a Plastiq account and are not eligible for the promotion

Rules have changed as far as what types of credit cards are eligible for which types of payments, but as a reminder, the current rules are:

  • Mastercard = Any Rent/Real Estate payment
  • Discover = Any Rent/Real Estate payment
  • Visa = Personal Rent, Business Lease, HOA, but no Mortgage payments
  • Amex = Personal Rent, but no Business Lease, HOA, or Mortgage payments

So any card should work for this rent payment

As a reminder if you create a new account through this link, you will get the regular new account bonus of 500 fee-free dollars after making at least one payment of at least $500 (I will also receive a FFD referral bonus)

IMO 2% is still a bit steep, though it’s certainly possible that this might be a good option depending on your other rent paying options.  Use a card whose points you value at 2% or higher (2% cashback, Chase Freedom Unlimited, American Express Blue for Business as examples – check out our top credit card offers page for options)

Are you going to participate in this 2% rent payment bonus?

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