Dec 2, 2015, 5:53 pm
Last edit by: financialhippie
Successful Credit Cards Used (Posted as Purchase)
Amex Open SPG Business
AMEX SPG (non-business)
BofA - Virgin Atlantic MC
BofA - Amtrak World MC
Barclaycard Aviator Red/Silver MC
Chase Ink Plus Visa
Chase Hyatt Visa (x2)
Chase BA Visa
Chase United MileagePlus Explorer
Chase United MileagePlus Club
Chase Sapphire Preferred
Citi Prestige MC
Citi Premier MC
Citi AT&T Access More MC (3x for rent category)
Citi AA Platinum MC
FIA Fidelity Mastercard
Successful Payees:
BMW Financial: Processed 10/13, Sent 10/14, Arrived-Posted 10/19
Caliber Home Loans: Processed 12/09, Sent 12/11, Arrived-Posted 12/18
Cedent mortgage
Chase Mortgage (sends check)
Citi Mortgage: Processed 10/7, Sent 10/8, Arrived-Posted 10/15
Citizen's Auto Finance - Around 1 week.
CRA Personal Tax
George Mason University: Over a week and a half.
Infiniti Financial: Processed 10/13, Sent 10/14, Arrived-Posted 10/21
Lexus Financial. Processed 3/9/16, Posted 3/14/19
Morgan Stanley Home Loans: Processed 01/14, Sent 01/15, Arrived-Posted 01/21
National Grid Electric MA: 1 week turnaround
National Grid Gas MA: 3 week turnaround, sends physical check
"NJ City" Tax: Processed 01/21, Sent 01/22, Arrived-Posted 02/01
Penfed Mortgage: 1 week turnaround
TD Bank Mortgage (EFT)
Wells Fargo Mortgage: Processed 10/8, Sent 10/9, Arrived-Posted 10/16
Wells Fargo Mortgage: Processed 8/6, Sent 8/9, Posted 8/16
Amex Open SPG Business
AMEX SPG (non-business)
BofA - Virgin Atlantic MC
BofA - Amtrak World MC
Barclaycard Aviator Red/Silver MC
Chase Ink Plus Visa
Chase Hyatt Visa (x2)
Chase BA Visa
Chase United MileagePlus Explorer
Chase United MileagePlus Club
Chase Sapphire Preferred
Citi Prestige MC
Citi Premier MC
Citi AT&T Access More MC (3x for rent category)
Citi AA Platinum MC
FIA Fidelity Mastercard
Successful Payees:
BMW Financial: Processed 10/13, Sent 10/14, Arrived-Posted 10/19
Caliber Home Loans: Processed 12/09, Sent 12/11, Arrived-Posted 12/18
Cedent mortgage
Chase Mortgage (sends check)
Citi Mortgage: Processed 10/7, Sent 10/8, Arrived-Posted 10/15
Citizen's Auto Finance - Around 1 week.
CRA Personal Tax
George Mason University: Over a week and a half.
Infiniti Financial: Processed 10/13, Sent 10/14, Arrived-Posted 10/21
Lexus Financial. Processed 3/9/16, Posted 3/14/19
Morgan Stanley Home Loans: Processed 01/14, Sent 01/15, Arrived-Posted 01/21
National Grid Electric MA: 1 week turnaround
National Grid Gas MA: 3 week turnaround, sends physical check
"NJ City" Tax: Processed 01/21, Sent 01/22, Arrived-Posted 02/01
Penfed Mortgage: 1 week turnaround
TD Bank Mortgage (EFT)
Wells Fargo Mortgage: Processed 10/8, Sent 10/9, Arrived-Posted 10/16
Wells Fargo Mortgage: Processed 8/6, Sent 8/9, Posted 8/16
Plastiq for rent, tuition, utilities, etc.
May 25, 2015, 11:09 am
#1
Original Poster
Join Date: Jan 2015
Location: SFO
Programs: PetCo Pals Rewards
Posts: 531
Plastiq for rent, tuition, utilities, etc.
Has anyone tried using Plastiq to pay for rent? What are your experiences?
Looks like a Canadian company that recently expanded to the US. 2.5% service fee, less than RadPad's 3%.
https://www.plastiq.com/
Looks like a Canadian company that recently expanded to the US. 2.5% service fee, less than RadPad's 3%.
https://www.plastiq.com/
May 27, 2015, 10:07 am
#2
Join Date: Jan 2015
Location: LAX
Programs: AA, DL, Hyatt, Hilton
Posts: 127
I think it looks good - What about paying your credit card bills?
Looks like AGC is accepted as the payment card. I spent a few minutes trying to add a CC payee, but didn't figure it out. Will look into it more later.
Please keep us posted on your experience.
Looks like AGC is accepted as the payment card. I spent a few minutes trying to add a CC payee, but didn't figure it out. Will look into it more later.
Please keep us posted on your experience.
May 27, 2015, 6:34 pm
#3
Join Date: Sep 2013
Posts: 71
Just a heads up as I received an e-mail from their risk department if you're sending to a person the reason needs to be goods/services. Just FYI.
May 27, 2015, 6:36 pm
#4
Join Date: Dec 2013
Posts: 3,506
You mean just like AP? I haven't tinkered with Plastiq yet but I assume there is a field that you can set or enter for the reason of goods/services?
May 28, 2015, 11:42 am
#6
Join Date: Oct 2010
Location: BOS
Posts: 814
Then set the field to goods/services as the good you are paying for is housing?
May 28, 2015, 7:34 pm
#7
Join Date: May 2015
Posts: 1
Does the landlord also have to sign up for Plastiq or have any other kind of interaction with the company?
May 28, 2015, 7:36 pm
#8
A FlyerTalk Posting Legend
Join Date: Sep 2009
Location: Minneapolis: DL DM charter 2.3MM
Programs: A3*Gold, SPG Plat, HyattDiamond, MarriottPP, LHW exAccess, ICI, Raffles Amb, NW PE MM, TWA Gold MM
Posts: 100,404
Jun 2, 2015, 9:16 am
#9
Join Date: Mar 2015
Posts: 69
I tried sending money to another person, and I put Professional services. The payment was declined and I received an email saying that person to person payments are only allowed for goods and services. That was not an option though.
They also asked me to send them an invoice for the goods/services.
They also asked me to send them an invoice for the goods/services.
Jun 11, 2015, 4:29 pm
#10
Join Date: Oct 2013
Location: PDX/ANC
Programs: UA 1K
Posts: 25
I have some of the same questions. I want to use one of these services to put student loan and rent payments toward min spends for CC sign up bonuses. I'm trying avoid BB/RC/Serve because I do a lot of remote field work and can't always get to stores to buy/reload gift cards. It looks like William Paid is dead. I created a Plastiq account but I don't find many US payee's listed (I tried Wells Fargo for student loans and the only listing was Canadian).
Can Plastiq send a payment to anyone or only payees that have signed up with them?
Is there a better service for US based customers?
Can Plastiq send a payment to anyone or only payees that have signed up with them?
Is there a better service for US based customers?
Jun 11, 2015, 10:03 pm
#11
Join Date: Oct 2007
Location: IND
Programs: AA Platinum Pro, Hyatt Diamond, Hilton Diamond, IHG Platinum, National Exec Elite
Posts: 586
I have some of the same questions. I want to use one of these services to put student loan and rent payments toward min spends for CC sign up bonuses. I'm trying avoid BB/RC/Serve because I do a lot of remote field work and can't always get to stores to buy/reload gift cards. It looks like William Paid is dead. I created a Plastiq account but I don't find many US payee's listed (I tried Wells Fargo for student loans and the only listing was Canadian).
Can Plastiq send a payment to anyone or only payees that have signed up with them?
Is there a better service for US based customers?
Can Plastiq send a payment to anyone or only payees that have signed up with them?
Is there a better service for US based customers?
As a test, I paid my mortgage thru them last month with an AGC. I submitted the payment on 5/28. Plastiq mailed a physical check to my mortgage processor at the address I provided. The payment posted on 6/9.
I also tried sending a payment to my wife's checking account via ACH. They rejected it and refunded my AGC in a week. Had I sent them an invoice, they would have processed it, but I didn't want to take the chance.
At a 2.5% fee, the only way I'll use this is with AGCs obtained at 2-2.25% to
offset the cost.
I intend to use it for many payments other than credit cards. I'll use my RBs for those. Most of the payments will be physical checks, so I'm going to give plenty of leeway time, at least 10 days. That way if the check is lost in the mail, I can still pay electronically to avoid fees and then deal with Plastiq to get my $ back.
It's not a profit generator like AGC/VGC/RB is, but still very cheap miles/points. For signup bonuses it's a no-brainer, but I still would go the AGC route if you can to offset the fee.
Jun 11, 2015, 10:24 pm
#12
Join Date: Dec 2004
Posts: 393
I attempted to send $10 to Bayclays using AGC. A nice CSR contacted me and asked if I was trying to pay a CC, to which I answered yes. She said the platform doesn't support CC payment and refunded me. She said rent is fine.
Despite the refund, the $10 payment posted on my account yesterday.
Despite the refund, the $10 payment posted on my account yesterday.
Jun 12, 2015, 5:21 pm
#13
Join Date: Apr 2014
Posts: 13
I sent a $500 payment on May 27th, it has yet to be received... be careful using this service!
Jul 22, 2015, 6:20 am
#15
Join Date: Jun 2005
Location: Charlotte, NC, USA | CLT, formerly LHR & AMS (with just a bit of PSP)
Programs: BAEC Gold, Hilton Diamond, BonVoy Titanium, (soon former) Caesars7*, (former) Wynn Black, HR "Icon"
Posts: 8,172
Think they would process a payment to :
MDDC LLC,
or the full name : Marina District Development Company, LLC?
Been thinking about this for years. Would definitely be an interesting way to manufacture spend.
MDDC LLC,
or the full name : Marina District Development Company, LLC?
Been thinking about this for years. Would definitely be an interesting way to manufacture spend.