The score doesn't necessarily update immediately. I'm no credit score expert, but from what I've seen Equifax tends to adjust scores at the end of the month. Charge cards to have an impact.

Plastiq
 

Hi everyone,

Sorry, I am quite new at this so this topic might have been discusees...but does anyone have any experience with "Plastiq" website. Apparently it can be used to pay by cc for things you normally can't.

Thanks!

I've used it before. Be careful because some cards will label it as a cash advance. Keep in mind there is a 2.5% fee for using their service.

Thanks as always zer0k1!
So I guess there is no guarantee whether it will be considered as a regular card use or cash advance. In that case I would say it's not worth the risk.
Do you have any idea as to which cards consider it a cash advance? currently I have all three, amex (Glod), visa(TD) and MC (BMO)

I believe it is just visa cards. I've used amex without any issue.

For 2.5% you can probably just buy the miles or points that you want/need.

+1 if you are just using it to accrue points it'd not worth it

Not necessarily. It isn't cheap, but they do have many vendors where they charge just 1.99%.

Also, to buy the valuable points - alaska, american, spg - you are paying in US funds and as we know, the rate is hurting us. Alaska and American also charge HST as well as a processing fee.

For a quicker hit of points using a sale works better as they are deposited immediately but it hurts Canadians because of exchange rates/additional fees.

However, as a long term, gradual method to accrue points it is a nice option. I use it for SPG points with my Amex SPG card. Also, the Amex gold business card has partnered with Plastiq as a supplier so you can get double MR points on purchases. I'll move over to that once I get to my SPG points requirement for some upcoming travel.

Saying all this, my experience has been a bit of a struggle. Their website isn't polished and I have had a lot of chats with their tech department to get payments to flow. Also, Amex has its own problems. They indicate Plastiq is a supplier on their public site but you can't select them once into your account. I now have an arrangement where they need to process all Plastiq bonus points manually.

Anyway, just another view.

I did a quick search and couldn't find where the public supplier list is? Can you send a link?

Thanks!

Here you go:

https://smallbusiness.americanexpres...n/supplierlist

Thanks!

you definitely have some valid points there. i have often found that the cost of manufactured points often brings down the value of the redemption to a level that isn't attractive. I'll check out your methods and reasoning though.

in Canada is it Chase Marriott/Amazon is the only 2 no foreign transaction fee credit card?

for FHR hotel access, is it AMEX Platinum and Business Platinum is the only 2 card have access?

with SMB any way to get 2+CC with AMEX ?

Yes

Yes, I think

Not sure. I think Max 2 CC + Unlimited AMEX CHARGE cards

Tried to get the Amazon Chase card through Amazon a while back for the currency exchange incentive. Figured it would be easier to get then the Marriott, and is also a no fee so could keep it forever after without AF for no currency exchange fee. I got declined however because not 1 year credit history in Canada.

Does anyone know Chase's full criteria for approving their cards? Would love the no currency fees.