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Note: Some of the offers mentioned below may have changed or are no longer be available. You can view current offers here.

This promotion is only for those who have never used Plastiq before. If that’s you, keep reading.

Plastiq is basically bill pay with benefits. They make it possible for you to use a credit card for many expenses that otherwise require a check, because they send the check for you. The standard credit card processing fee on Plastiq is 2.5%, but they’re running a promotion through the end of May for new users that lowers that fee.

If you…

  1. Sign up for Plastiq through this link,
  2. schedule six rent/real Estate payments,
  3. and submit the first payment by May 31st, 11:59 PM ET

…then you will only pay a 2% processing fee instead of the usual 2.5%

You can use Mastercards or Discover cards to pay any kind of rent or real estate payment, but….

• Visas can only be used for personal rent, business leases, or HOA payments (no mortgage payments).
• Amex can only be used for personal rent. Business leases, HOA, or Mortgage payments won’t work.
If you’re trying to meet a minimum spending requirement on a card that you can’t otherwise meet organically, Plastiq is a great way to up your spending power. Otherwise, just make sure your return is higher than 2% (2.5% normally) so that the fee your paying is worth it.
Personally, I’ve never had a problem with Plastiq payments not going through or arriving on time. If you have, please share in the comments.

Plastiq’s Referral Program

After signing up for Plastiq through this link (same link from above), you will also earn $500 Fee-Free Dollars once you’ve made $500 worth of payments through Plastiq.

You can get in on the referral action too, and pay even less credit card processing fees over time.

Everyone that signs up on for an account on is given a referral link they can share with anyone new who is signing up. You and the person both receive benefits–you get $1,000 Fee Free Dollars and they get $500 Fee Free Dollars once your referral makes $500 worth of payments through Plastiq.

Learn more here.

Remember, All Ink Business Preferred Payments are Coding as 3x

The 3x category bonus on the Ink Business Preferred is supposed to be for travel and shipping purchases, internet, cable and phone services, and on advertising purchases made with social media sites and search engines. Yet all bills paid through Plastiq on the Chase Ink Business Preferred cards are currently earning 3 Ultimate Rewards per dollar spent.

Read more in my post from last month.

Bottom Line

If you are a new Plastiq user, sign up here, schedule six rental/real estate payments, and submit the first payment by May 31, 11:59 PM ET and you will only have to pay a 2% credit card processing fee instead of the usual 2.5%.

This could be a big help if you recently opened an American Express Business Platinum Card with the mammoth $25,000 minimum spending requirement for the equally as mammoth 100k Membership Rewards bonus (just remember only personal rent payments will work with Amex cards on Plastiq).