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Reward Points and Square?

tag
Anonymous
Not applicable

Reward Points and Square?

Hi all. I recently got a new credit card amd I am trying to responsibly put as many of my bills as I can on there in hopes of earning the introductory bonus points offer. Unfortunately, major bills like house note, car note etc...would have to be run as cash advances which don't count and would be wastefuol anyway. However I am in a situation where I need a lawyer and he accepts credit cards via square. Will I get points for that transcation or do CC companies have issue wiht Square?? Thanks

Message 1 of 7
6 REPLIES 6
fltireguy
Valued Contributor

Re: Reward Points and Square?


@Anonymous wrote:

Hi all. I recently got a new credit card amd I am trying to responsibly put as many of my bills as I can on there in hopes of earning the introductory bonus points offer. Unfortunately, major bills like house note, car note etc...would have to be run as cash advances which don't count and would be wastefuol anyway. However I am in a situation where I need a lawyer and he accepts credit cards via square. Will I get points for that transcation or do CC companies have issue wiht Square?? Thanks


There shouldnt be any type of an issue with Square. 

 

Also, you can use Plastiq to pay your mortgage, car loan, etc.....  It does cost 2.5% - but you WILL earn rewards on your CC and it WILL count as regular spend

NFCU $60.4k/PenFed $22.5k/Commerce $15K/53 $11K/Synovus $14K/BBT $11K/CapOne $12K/DCU $7.5K/BMO $7.5K/Chase $14.5k/Cabelas $10K/ and many many more!
Total CL $398600, plus car and RV loan.
Ooh. Ooh. Getting closer to that $500K mark!
Message 2 of 7
Creditplz
Valued Contributor

Re: Reward Points and Square?

There shouldn't be too much of an issue using Square.
Message 3 of 7
Anonymous
Not applicable

Re: Reward Points and Square?

Thank you both for your replies and the Plastiq tip!!

Message 4 of 7
SunriseEarth
Moderator Emeritus

Re: Reward Points and Square?


@Anonymous wrote:

Hi all. I recently got a new credit card amd I am trying to responsibly put as many of my bills as I can on there in hopes of earning the introductory bonus points offer. Unfortunately, major bills like house note, car note etc...would have to be run as cash advances which don't count and would be wastefuol anyway. However I am in a situation where I need a lawyer and he accepts credit cards via square. Will I get points for that transcation or do CC companies have issue wiht Square?? Thanks


Square will count as a purchase, but how it codes is a matter decided by the vendor.   One time, I stayed at a small 10 room resort and used my Sam's Club, believing I'd get 3% travel.   Unfortunately, the owner had coded their hotel as "Tourist Attractions and Exhibits".  However, that wasn't Square's fault, but the owner for choosing the code he did.  So I got the standard 1% cash back.  

 

I'm guessing your lawyer will code as "Legal Services and Attorneys", unless he's also a tourist attraction.  Smiley Very Happy



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Message 5 of 7
longtimelurker
Epic Contributor

Re: Reward Points and Square?


@SunriseEarth wrote:

@Anonymous wrote:

Hi all. I recently got a new credit card amd I am trying to responsibly put as many of my bills as I can on there in hopes of earning the introductory bonus points offer. Unfortunately, major bills like house note, car note etc...would have to be run as cash advances which don't count and would be wastefuol anyway. However I am in a situation where I need a lawyer and he accepts credit cards via square. Will I get points for that transcation or do CC companies have issue wiht Square?? Thanks


Square will count as a purchase, but how it codes is a matter decided by the vendor.   One time, I stayed at a small 10 room resort and used my Sam's Club, believing I'd get 3% travel.   Unfortunately, the owner had coded their hotel as "Tourist Attractions and Exhibits".  However, that wasn't Square's fault, but the owner for choosing the code he did.  So I got the standard 1% cash back.  

 

I'm guessing your lawyer will code as "Legal Services and Attorneys", unless he's also a tourist attraction.  Smiley Very Happy


With a bit of luck (and depending on OP's cards) he will code as Groceries.   Don't know of cards that have Legal Services as a bonus category anyway..

Message 6 of 7
ChargedUp
Senior Contributor

Re: Reward Points and Square?

I used my Amex PRG with Square Cash to send money to a relative and it shows as "Services".

Message 7 of 7
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