I receive compensation for many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, Capital One and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).
For each person you refer that makes a payment of $20 or more, you earn $400 worth of fee-free credit card payments to use yourself.
The person you refer will earn $200 in fee-free payments after they make their first $20+ payment as well. So they’re better off signing up through a referral link than signing up without one.
Through April 18 Plastiq has the lowest fee for paying taxes by MasterCard.
Paying bills via credit card can be useful for:
- Meeting minimum spend requirements for a signup bonus.
- Spending enough on a card to earn a spending threshold.
- Everyday spend, if you have the right card or if you need to top off for the right award.
Not to mention it can be useful for managing payments online, and to manage cash (paying a bill at the beginning of a card billing cycle, and paying the card’s bill before the due date).
Plastiq will let you pay an US or Canada business or person for any amount. The only restriction is that the payment has to be for a good or service. You can pay an individual person, for instance, if they’re your landlord and you’re paying them rent or if they are your contractor or landscaper.
Just don’t try to pay yourself, a spouse, or another person just to send money (a “peer to peer transfer”), that’s not allowed, and I’ve seen reports of some individuals receiving payment being asked for documentation that there was a bona fide good or service involved for which they’re being paid.
And note that Plastiq is in most cases mailing checks which have to be received and processed by the recipient so it’s not for last minute, urgent payments.
Here’s my referral link so that the first time you make a payment of $20 or more you’ll get the ability to pay $200 in bills with a credit card fee-free. Feel free to leave your referral link in the comments.
They will also give you $25 in fee-free payments if you post your referral code on Facebook or Twitter today, March 23, and tag Plastiq in your post.
To tag Plastiq in Facebook, use @Plastiq and select the Plastiq Facebook page in your status. To tag Plastiq in Twitter, use @payplastiq in your tweet. Please note that it can take up to one business day for the FFDs to be credited to your account.
Note that if you don’t use your fee-free credits, or earn more, for 90 days your credits expire.