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Contents
The Offer
No direct link to offer, sent out via e-mail. Unknown subject line
- Plastiq is offering a 1.95% fee on 3 payments up to $10,000 each
Our Verdict
See our full review of Plastiq here. New Plastiq members can signup with a referral link and get a bonus – details here. Not as good as the previous 1/1.5% fee deals but still a discount on the standard price of 2.5%.
View Comments (21)
not sure where to post this and I have not seen this anywhere
If you have ffd of say 1000.89, the 0.89 will never be able to be used as their system cannot account for cents (according to Plastiq although it is shown in your account and yes presumably so that you can add to it - maybe..) and therefore you will only be able to use 1,000 dollars but get this even if you use 1,000 (meaning the payment amount is 1,000) the system will charge you another penny, so in addition to losing your 89 cents, you are also charged another penny.
Unfortunately, its not enough to fight about, but its still surprsing and disappointing that a company like Plastiq will mislead and take advanatge of their customers because at the end of the day who will complain about pennies?!!
Please check it out on your accounts as I hope I am wrong
Maybe they shouldn't have alienated so many of us small business owners so that we never want to use their service again.
When paying mortgage, can I choose the code as Tax? In this way I can use amex to generate the check and I can go the the branch to pay mortgage. Thanks!
People have mentioned targets as being for unused accounts, but I saw November, December, and January. Curious what the model is, as I didn't get an offer for Feb.
I got this latest email, but I only make Plastiq payments once a year in May/June (for insurance that doesn't accept credit cards), and so this is of no use to me this month.
The subject line for this email on Monday 10 Feb was: "We'll sweeten the deal for bill bay".
Terms and Conditions:
Promotion is available only to direct recipients of this email notifying them of their eligibility and cannot be combined with other Plastiq promotions or fee free dollars (FFDs).
This promotion is non-transferable.
Promotion can be applied on up to three payments per account.
Payments must be made with a credit card associated with this eligible member’s account and must not exceed $10,000 per transaction.
Eligible customers can submit immediate payments or schedule payments to be processed before 11:59 PM EST on February 29, 2020. The Plastiq 1.95% fee will automatically be applied when the payment is processed.
This promotion does not apply to any scheduled payments submitted before 12:01 AM EST on February 10, 2020.
Promotion applied towards Plastiq base fee. Wire transfer, cross-border, expedited delivery, or other fees are not affected.
Customer can make three one-time payments or set recurring payments series. Discount will be applied towards the first three payments in the series.
Rejected, returned, edited, canceled, altered, or the rescheduled payments with this promotion applied will forfeit the service fee rate of 1.95%.
Plastiq reserves the right to cancel or modify the promotion at any time.
At worst it's 0.05% discount on the mortgage using citi double cash
I don't get any of the good offers anymore, so I've unsubscribed from all emails - way too many anyway.
It seems to me that Plastiq is pressure testing the fee. They are trying to find out what is the max fee people would accept. Last year they tried 1% a few times, then 1.5% a few times, 1% became rare. I would predict if people happily take this 1.95% offer, 1.5% will also become rare.
Nothing on mine (use it randomly to pay bills) but family member got email on Friday for 1.5% (hasn't used account in a while)
Subject: Lower 1.5% fee for a limited time only
1.5% Plastiq fee on 3 payments up to $20k each
Make sure your payment is processed before 11:59 PM ET on February 29, 2020.
Promotion is available only to direct recipients of this email notifying them of their eligibility and cannot be combined with other Plastiq promotions or fee free dollars (FFDs).
This promotion is non-transferable.
Promotion can be applied on up to three payments per account.
Payments must be made with a credit card associated with this eligible member’s account and must not exceed $20,000 per transaction.
Eligible customers can submit immediate payments or schedule payments to be processed before 11:59 PM EST on February 29, 2020. The Plastiq 1.5% fee will automatically be applied when the payment is processed.
This promotion does not apply to any scheduled payments submitted before 12:01 AM EST on February 6, 2020.
Promotion applied towards Plastiq base fee. Wire transfer, cross-border, expedited delivery, or other fees are not affected.
Customer can make three one-time payments or set recurring payments series. Discount will be applied towards the first three payments in the series.
Rejected, returned, edited, canceled, altered, or the rescheduled payments with this promotion applied will forfeit the service fee rate of 1.5%.
Plastiq reserves the right to cancel or modify the promotion at any time.
1.5% is aight... 1% or free is where it’s at, son!
Plastiq is testing. Give this a pass, otherwise you can forget about the 1% offers.
This!!
YES!!