FlyerTalk Forums - View Single Post - Plastiq for rent, tuition, utilities, etc.(2017)
Old Aug 7, 2017, 12:33 pm
  #533  
milypan
 
Join Date: Dec 2004
Location: SFO
Programs: BART Platinum, AA Plat Pro
Posts: 1,158
Originally Posted by brody24
Used Plastiq to pre-pay some of my rent to meet min spend on Amex Biz Plat card. Biz Plat gives 1.5x MR if you make a purchase in excess of $5k. Since my rent is $3k (and since my management company was fine with me pre-paying a month), I had Plastiq send a check for $6k. Since I get 1.5 MR instead of just 1x MR, it effectively turns the Plastiq fee into 1cpp. Happy to pay 1 cpp for the peace of mind in knowing that I met the min spend organically, so no chance of clawback.
The Plastiq fee is 2.5%, so that sounds like 1.67 cpp (on 1.5X earning), not 1 cpp. What am I missing here?
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