Reader JJ reports seeing an increased referral bonus for Plastiq of 2,500 FFD (free processing dollars) for the referrer and 1,000 FFD for new member. I’m seeing the same in my Plastiq login, and it seems to be showing as the public offer at this link; hopefully this is true for everyone.
This offer does have a higher spend requirement of $2,500 before you get the 2,500/1,000 bonus – after the new member spends $2,500 with regular paid processing, then the referrer will get 2,500 in free processing and the new member will get 1,000 in free processing.
Based on the standard 2.85% processing fee: 2,500 FFD can be valued at $71.25 and 1,000 FFD can be valued at $28.50. I don’t think the standard referral bonus was ever so high in the past. (It had always been 1,000/500 and then was lowered to 100/50. Now it’s up to 2,500/1,000.)
