Tag Archives for plastiq.
Many frequent flyers use Plastiq to pay bills with a credit card, they charge the card (and you earn miles) and they pay electronically or via check. Their fees have increased in recent years and are now up to 2.9%, but some find it worthwhile for paying things like mortgages and car payments that can’t otherwise be charged – especially when earning an initial bonus for a new credit card, or earning high spend bonuses and credit towards elite status.
Bill payment service Plastiq charges your credit card and then pays the bills you ask them to. That way you can earn credit card rewards for bills you might otherwise pay by check (currently only Mastercards allowed for mortgages), and benefit from convenience and float, charging something at the beginning of a credit card billing cycle and paying it off at the due date weeks after the end of the cycle.
Their CEO did an AMA on Reddit and offered some interesting insights into payments and their business plans.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
Plastiq will usually charge 2.5% to bill your credit card and send a check to make payments for you.
I love competition, though. Because now that there’s a new player on the scene Plastiq is out with a lower rate promotion to lock in rent payments.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
