Plastiq Offers a Deal to Pay Your Rent By Credit Card and Earn Points

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A couple of days ago I wrote about a new service that lets you pay rent by credit card for just a 1.5% fee. The trick is that both landlord and tenant have to sign up with the service since they make payments electronically rather than by check.

Still that’s a much better price than Plastiq will usually charge — 2.5%. Plastiq charges your credit card and will send a check if they don’t have the recipient set up for direct deposit.

I love competition, though. Because Plastiq is already out with a lower rate promotion to lock in rent payments.

First-time Plastiq customers who make rent or real estate payments scheduling 6 payments will get a 2% fee. Your first rent payment must be submitted by May 31.

They flag “use any card” for this offer. This actually means,

  • Mastercard: Any Rent/Real Estate payment
  • Discover: Any Rent/Real Estate payment
  • Visa: Personal Rent, Business Lease, HOA, but no Mortgage payments
  • Amex: Personal Rent, but no Business Lease, HOA, or Mortgage payments

In order to take advantage of this offer you must use this link so the correct code gets applied.

About Gary Leff

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 »

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Comments

  1. I’ve used Plastiq in the past and I’ve had no issues paying my rent on time. This is less of deal than the previous one were they waive the 2.5% fee for two out of six repeating rent payments. With the previous offer you pay an effective rate of 1.6% over six payments. I hope they bring back that promotion. The Blue for Business Plus American Express card I have earns two points on all charges. With this credit card I could buy Membership Rewards points at .0083 cents each. I could theoretically wait for a transfer bonus to earn even more value with this strategy.

  2. 1.How about a co-op maintenance payment: where does that fit in. Can I do it with VisA Card?

    2. Will Urban allow a co-op maintenance payment?

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