Go Back  FlyerTalk Forums > Miles&Points > Credit, Debit and Prepaid Card Programs > Manufactured Spending
Reload this Page >

Plastiq for rent, tuition, utilities, etc.(2018 onwards)

Plastiq for rent, tuition, utilities, etc.(2018 onwards)

    Hide Wikipost
Old Apr 4, 19, 11:13 pm   -   Wikipost
Please read: This is a community-maintained wiki post containing the most important information from this thread. You may edit the Wiki once you have been on FT for 90 days and have made 90 posts.
 
Last edit by: RedSun
Wiki Link
This is the thread for 2018. The previous discussion can be found here.

Updated Nov-2018: A lot of the personal Visa CCs are out at Plastiq. They will be treated as cash advance and won't receive any rewards. Only Capital One personal Visa CCs are not affected. Business Visa CCs are still good. The best CCs are Mastercard and Discover. AmEx CCs can still be used, but not on many of the payment types. Chase personal Visa cards are limited to the cash advance limit (typically 20% of CL). The details are listed as below:
https://help.plastiq.com/hc/en-us/ar...l-Card-Changes

Plastiq Fees:
The standard Plastiq fee is 2.5%. It makes most of the reward programs not profitable. Use Plastiq to meet welcome bonus spending requirement or to meet certain spend requirements to reach elite status or for large spend bonus. Also take advantage of Plastiq referrals and promotions.

Plastiq Referrals:
Standard Referral: When you refer your friend to Plastiq, after your friend charges $500 or more, your friend will get $500 FFDs (fee free dollar) and you'll receive $1,000 FFDs to spend.

Successful Credit Cards Used (Posted as Purchase, Visa info outdated)
Amex Blue Business Plus
Amex Open SPG Business
AMEX SPG (non-business)
AMEX Delta business
AMEX business platinum and business gold (Canadian)
BofA - Amtrak World MC
BofA - Business Advantage Travel Rewards MC
BofA - Virgin Atlantic MC
Barclaycard Aviator Red/Silver MC
Barclaycard Arrival World MC
Chase Ink Cash Visa
Chase Ink Plus Visa
Chase Ink Preferred Visa
Chase Hyatt Visa (x2)
Chase BA Visa
Chase United MileagePlus Explorer
Chase United MileagePlus Club
Chase Sapphire Preferred (should give 2x, similar to CSR -- probably expired as of 6/5/17)
Chase Sapphire Reserve (3x, coded as travel -- this appears to have expired as of 6/5/17)
Citi Prestige MC
Citi Premier MC
Citi AT&T Access More MC (3x for rent category, misc. government services)
Citi AA Platinum MC
FIA Fidelity Mastercard
US Bank Altitude Reserve Visa

Successful Payees:
AAA (Socal, Santa Ana) insurance: Electronic payment: Processed 5/21 (Sunday), Complete 5/23, Arrived-Posted 5/26
ACS: took about 2 weeks to post
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): 2 week turnaround
Citi Mortgage: Electronic - less than 1 week turnaround as of May 2017
Citizen's Auto Finance - Around 1 week.
CRA Personal Tax & GST/HST remittances
Firstmark Services (student loan, electronically remitted)
Fidelity Bank (Mortgage) https://www.fidelitybank.com/ks/Home.aspx
Flagstar Bank (Mortgage), electronic payment, posts in 2-3 days.
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
NA Shade & Associates LLC
National Grid Electric MA: 1 week turnaround
National Grid Gas MA: 3 week turnaround, sends physical check
Nationstar Mortgage, electionic payment, post in 2-3 days.
New York Community Bank (NYCB) Mortgage: check mailed by Plastiq 4/27, posted 5/1.
"NJ City" Tax: Processed 01/21, Sent 01/22, Arrived-Posted 02/01
Penfed Mortgage: 1 week turnaround
PennyMac Mortgage: 1-1.5wk turnaround
TCF Mortgage: 1.5 week turnaround
TD Bank Mortgage (EFT)
Toyota Financial
Wawanesa USA Insurance
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

Restrictions
New VISA payments are not being accepted for mortgages.
Print Wikipost

Reply

Old Apr 13, 19, 2:48 pm
  #511  
 
Join Date: Apr 2019
Posts: 17
Definitely had the funds. Checked before and after. I even tried significantly less ($100 on a $500 card) and it still didn't go through.
time_stamp is offline  
Reply With Quote
Old Apr 14, 19, 2:34 pm
  #512  
 
Join Date: Jul 2010
Location: 718
Programs: Hyatt Diamond, Hilton Diamond, SPG Gold, IHG Platinum
Posts: 599
Does plastiq still have issues when using a VISA?
zzrayzz is offline  
Reply With Quote
Old Apr 14, 19, 2:42 pm
  #513  
 
Join Date: Jan 2017
Location: EWR/PHL/BWI
Posts: 1,878
Originally Posted by zzrayzz View Post
Does plastiq still have issues when using a VISA?
Still problem with personal VISA. Most of them are not good.
RedSun is offline  
Reply With Quote
Old Apr 14, 19, 7:04 pm
  #514  
FlyerTalk Evangelist
 
Join Date: Jan 2005
Location: home = LAX
Posts: 23,643
Originally Posted by RedSun View Post
Still problem with personal VISA. Most of them are not good.
So does that mean no problems with business Visas? Or just that you only know about personal Visas? Thanks.
sdsearch is offline  
Reply With Quote
Old Apr 14, 19, 8:30 pm
  #515  
 
Join Date: Jul 2014
Posts: 322
Originally Posted by time_stamp View Post
Has anybody figured out how to know which VCs charged 1% on Plastiq? My $500 VGC from US Bank showed as a 1% charge but was rejected by bank. However my $100 MCGCs from US Bank are going through but charging 2.5%. Is there a rule to follow? Is anybody consistently getting 1%? Thanks!
I haven't cracked the code but stick with MC's. Staples ones are currently 1% and all the others I tried are 2.5% I have never had Visa GC work period. I have had credit cards work for both 1 and 2.5. The sight has gotten better. Plastiq will reject the payment before submiting, it will just tell you its not accepted. You will also know the fee before submitting.
chaser123 is offline  
Reply With Quote
Old Apr 14, 19, 10:36 pm
  #516  
 
Join Date: Jan 2017
Location: EWR/PHL/BWI
Posts: 1,878
Originally Posted by sdsearch View Post
So does that mean no problems with business Visas? Or just that you only know about personal Visas? Thanks.
No issues with Biz VISA CCs.
sdsearch likes this.
RedSun is offline  
Reply With Quote
Old Apr 16, 19, 11:35 am
  #517  
 
Join Date: Apr 2019
Posts: 17
Originally Posted by chaser123 View Post
I haven't cracked the code but stick with MC's. Staples ones are currently 1% and all the others I tried are 2.5% I have never had Visa GC work period. I have had credit cards work for both 1 and 2.5. The sight has gotten better. Plastiq will reject the payment before submiting, it will just tell you its not accepted. You will also know the fee before submitting.
Thanks. Picked up a $500 MCGC from Kroger and it coded at 2.5%, but at least it went through. Had no idea 1% was possible with a credit card, I'll have to run my collection through it.
time_stamp is offline  
Reply With Quote
Old Apr 18, 19, 7:48 am
  #518  
 
Join Date: Jan 2017
Location: EWR/PHL/BWI
Posts: 1,878
Some DPs:

MCGC by Meta has 1%. This is the grey card purchased at Staples
VGC by SB has 2.5%. This is the Staples store sale
VGC by Meta has 2.5%. This is Staples online order.

MC always is always preferred by Plastiq. If you have no other place to dump the $200 MCGCs, 1% fee may worth it. Dumping 20 GCs at home is always better than waiting in line at stores.
StartinSanDiego likes this.
RedSun is offline  
Reply With Quote
Old Apr 18, 19, 11:58 am
  #519  
 
Join Date: Nov 2006
Location: Left Coast
Programs: UA 1K & MM, HH Gold, Marriott/SPG Gold (UA comp)
Posts: 1,190
Originally Posted by RedSun View Post
Some DPs:

MCGC by Meta has 1%. This is the grey card purchased at Staples
VGC by SB has 2.5%. This is the Staples store sale
VGC by Meta has 2.5%. This is Staples online order.

MC always is always preferred by Plastiq. If you have no other place to dump the $200 MCGCs, 1% fee may worth it. Dumping 20 GCs at home is always better than waiting in line at stores.
This is helpful but I have meta GCs from GC's.com (and they show up as 1%) but in the end don't go through. Somehow these meta VGCs can be differentiated?
weezl is offline  
Reply With Quote
Old Apr 18, 19, 2:08 pm
  #520  
 
Join Date: Jan 2017
Location: EWR/PHL/BWI
Posts: 1,878
Originally Posted by weezl View Post
This is helpful but I have meta GCs from GC's.com (and they show up as 1%) but in the end don't go through. Somehow these meta VGCs can be differentiated?
Read fine prints on the back of the GCs.
RedSun is offline  
Reply With Quote
Old Apr 18, 19, 3:50 pm
  #521  
 
Join Date: Apr 2016
Posts: 68
Originally Posted by RedSun View Post
Some DPs:

MCGC by Meta has 1%. This is the grey card purchased at Staples
VGC by SB has 2.5%. This is the Staples store sale
VGC by Meta has 2.5%. This is Staples online order.

MC always is always preferred by Plastiq. If you have no other place to dump the $200 MCGCs, 1% fee may worth it. Dumping 20 GCs at home is always better than waiting in line at stores.
I think MCGC Meta purchased in Staples still charges 2.5% instead of 1%. The recent payment I did was couple weeks ago.
hickson is offline  
Reply With Quote
Old Apr 18, 19, 4:30 pm
  #522  
 
Join Date: Jan 2017
Location: EWR/PHL/BWI
Posts: 1,878
Originally Posted by hickson View Post
I think MCGC Meta purchased in Staples still charges 2.5% instead of 1%. The recent payment I did was couple weeks ago.
I tested today and it is 1%. There are other DPs about the same.
RedSun is offline  
Reply With Quote
Old Apr 18, 19, 6:07 pm
  #523  
 
Join Date: Apr 2016
Posts: 68
Gosh, thanks for the info. Do you register the card before making the payment?
hickson is offline  
Reply With Quote
Old Apr 22, 19, 7:28 pm
  #524  
 
Join Date: Jan 2017
Location: EWR/PHL/BWI
Posts: 1,878
For the folks who use $200 GCs to pay at Plastiq, how do you manage those cards? If you schedule a $2,000 payment, you'll need to add more than 10 GCs and you'll have to keep them active until the payment is paid....
RedSun is offline  
Reply With Quote
Old Apr 23, 19, 10:47 am
  #525  
 
Join Date: Jul 2014
Posts: 322
I add, pay and remove right away. My payments are immediate (not scheduled). About 2-4 weeks to get cash back into my bank account, which gives me a few more weeks to pay back the ink card.
chaser123 is offline  
Reply With Quote

Thread Tools
Search this Thread