[Expired] [Updates] Plastiq: Get 1 FFD per $1 Spent with Mastercard [Targeted]

Deal has expired, view current deals by clicking here.

Update 10/23/18: Now is the final week for this offer. Many/most payments process the same day, so you can continue making payments until the end of month (or close to it) and still be eligible. Also, it’s been confirmed that Mastercard gift cards are working to trigger the promo as well.

The Offer

Direct Link to offer (targeted offer, check your emails)

  • Pay with Mastercard on Plastiq and get 1 FFD per $1 spent.

FFD are Plastiq’s currency for free payment processing.

The Fine Print

  • Valid October 11, 2018 through October 31, 2018.
  • Must be set to process on or before Wednesday, October 31, 2018. On the payment review screen, click the blue “Delivered by” under the Amount & Schedule section. A window will pop up and show you the processing date for the payment.
  • Your account will be credited with the fee-free dollars on November 1, 2018.
  • Mastercard payments only.
  • Must pay a fee of at least 2.5% of amount on that payment (ex., no FFDs can be applied).

Our Verdict

It essentially ends up to be a 1.25% fee instead of the standard 2.5% fee since you’ll get free future processing for whatever amount you spend. Nice deal, but Mastercard only makes it harder to take advantage of. Remember, this offer is targeted.

Our review of Plastiq can be found here. Appreciate if you signup with my referral link. You can also find reader’s links in this dedicated post. 

Hat tip to readers J. and G.
    Chuck
  • On October 23, 2018, 15:56

View Comments (82)

  • just a point for next time (should be obvious, but I did that stupid mistake): if you apply even 1 FFD to that payment, it makes the whole payment ineligible for the promo! so if you want apply FFDs, split it in 2 payments. I hate Plastiq :/

  • I don't understand the update "Also, it’s been confirmed that Mastercard gift cards are working to trigger the promo as well." How was it confirmed since ffds dont get awarded til 11/1? The link on the word "confirmed" doesn't seem to be working.

    • Today people targeted got an email showing the number of FFD they received to date on the promo. If you used MCGC during this period, it counted.

      • Ok makes since I actually found my email saying how many I earned after I posted this. Thanks!

  • Anyone having problem using Vanilla Visa card on Plastiq or PayPal recently? Neither seems to work now, claiming rejected by card issuer.

  • I just got an email from Plastiq reminding me of this offer, and it tells me "As of today, you'll be credited xxx.xx fee-free dollars"; if that's correct, it means a couple things:

    MCGC counts (at least, when paying 2.5% fee) even though they're prepaid cards.
    You don't get FFD for the fees you paid, just for the non-fee amount.

    • I didn't get any email confirming my payment was generating FFDs even though I got the original email with the offer (and followed all the rules i.e,Mastercard, 2.5%, after 10/11, before 10/31). Are we supposed to get an email about the FFDs after the payment has been scheduled/processed/sent?

      • I don't think you'll necessarily get an email after each payment. It seemed like this email was just a general reminder about the offer (subject was "Less than 10 days to earn FFDs"), that they may or may not send to everyone or just randomly to some people.

        • Right, I got one that said I'll be getting $0 in FFD (I didn't make any Plastiq payments recently).

    • I tried to set up payment today for November and it did not count the fee-free dollars. Email says they will be credited Nov 1st so you have to wait until then to use them for Nov payments.

  • Today( Monday 10.22.2018) is the last day you can take advantage of this offer. I currently only have one option for payment date - October 31st.

    The above is true for checks. You may try ACH later

  • I'm trying to meet the 5k spend on my Barclay Arrival card. Anyone know if Barclay will count this toward minimum spend?

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