cancel
Showing results for 
Search instead for 
Did you mean: 

Anyone noticed Plastiq coding as Utilities?

Highlighted
Regular Contributor

Re: Anyone noticed Plastiq coding as Utilities?

My rent is due the first of the month. When should I submit a transaction through Plastiq in order for the payment to reach my landlord by the 1st? Don’t want to screw around with potentially being late.
Message 11 of 19
Highlighted
Valued Contributor

Re: Anyone noticed Plastiq coding as Utilities?


@Gmood1 wrote:

Yup they have one that has very wide categories. FNBO recently changed their online system. I can't pull up the CCs they offer anymore, even though I have three of them. 😂
If you're not in the service area. The site will block you from viewing them.
However I can pull up the CC by going to the banks that FNBO supplies this card to.


https://www.scsbnet.com/site/small-business/lending/credit-cards/visa/

https://www.tcfbank.com/small-business/credit-cards/business-edition-visa-card-category-rewards

https://www.washingtoncountybank.com/small-business/credit-cards/

 

The CC is called the Business edition with category rewards.


LOL--Turns out this is the card I already have and it's been earning pts the whole 3 years and 3 mos and I didn't even realize it. I've been putting most of my eBay shipping on this card the whole time. Only thing is the points start expiring after 3 years....so I just ordered a $50 Red Loster GC with some of the 63xx pts. I already had. Smiley Very Happy

BUSINESS
Rewards Pts.-Miles: UR-MR-TYP-Venture
Message 12 of 19
Highlighted
Community Leader
Super Contributor

Re: Anyone noticed Plastiq coding as Utilities?

@james3332
At least 10 days before hand. Since you're using a credit card. You can submit it now. Remember you won't actually have to pay it till the bill is due.
That's why I scheduled mine so early. The mortgage company will receive mine on the 19th of the month for the next couple of months.
Message 13 of 19
Highlighted
Senior Contributor

Re: Anyone noticed Plastiq coding as Utilities?

Plastiq is now coding mortgage payments as utilities? Interesting. I use my PayPal MC Debit that doesn't show you category coding for charges, and my PP Cashback MC just shows "PayPal backup funding". Oh well, I don't have anything better than 2% for utilities and the PP Debit/MC combo gives me 3%, covering Plastiq's fee with a bit extra. But the last time I used my Cap One QS, well over a year ago, I'm pretty sure it showed up as hotel/travel, but my QS is a Visa which doesn't work for mortgage any longer.


Message 14 of 19
Highlighted
Community Leader
Super Contributor

Re: Anyone noticed Plastiq coding as Utilities?


@DaveInAZ wrote:

Plastiq is now coding mortgage payments as utilities? Interesting. I use my PayPal MC Debit that doesn't show you category coding for charges, and my PP Cashback MC just shows "PayPal backup funding". Oh well, I don't have anything better than 2% for utilities and the PP Debit/MC combo gives me 3%, covering Plastiq's fee with a bit extra. But the last time I used my Cap One QS, well over a year ago, I'm pretty sure it showed up as hotel/travel, but my QS is a Visa which doesn't work for mortgage any longer.


I'm guessing any charge through Plastiq will code as Utilities.

Message 15 of 19
Highlighted
Valued Contributor

Re: Anyone noticed Plastiq coding as Utilities?


@james3332 wrote:
My rent is due the first of the month. When should I submit a transaction through Plastiq in order for the payment to reach my landlord by the 1st? Don’t want to screw around with potentially being late.

When you’re setting up payments, Plastiq asks when you need the payment to arrive by and you select a day on a calendar. Some payments are made electronically and others by check via post office. Yours will probably be sent by check in the mail, so I’d suggest selecting a much earlier date than the 1st. Based on the day you select, Plastiq decides when to charge your credit card so don’t wait too long because they may not have enough time to process and deliver payment, or they may want to charge you an additional fee.

 

AMEX | BofA | Barclays | Cap One | Chase | Citi | Discover | GS | PenFed | SYNCB (PP MC, Lowe's, Amazon, PP Credit) | US Bank
Message 16 of 19
Highlighted
New Contributor

Re: Anyone noticed Plastiq coding as Utilities?


@james3332 wrote:
My rent is due the first of the month. When should I submit a transaction through Plastiq in order for the payment to reach my landlord by the 1st? Don’t want to screw around with potentially being late.

It is 8 business days (Sundays excluded) for them to send out a check via snail mail. They did start offering an "expedited" delivery service that is only 2-3 business days but is prohibitively expensive ($50+ extra) to do. So, to reach by the first, I would imagine the 20th to 22nd of the month would get it there without much issue.

BK7 Disc 9/15 Starting Scores EQ-571 | TU-528 | EX-572 ---> May '20- Fico8: EQ-709 | TU-686 | EX-688 Fico9: EQ-749 | TU-730 | EX-735


Amazon Store 10,000 * Apple Card-GS 8,500 * BarclayAppleRewards 7,400 * CapOne 4,750 * Citi BB Visa 2,000 * Discover 8,100 * Discover Miles 10,500 * Eddie Bauer 2,750 * HSN 6,950 * Kohls 3,000 * NFCU Flagship 25,000 * NFCU AMEX 25,000 * Walmart 7,000 * Wayfair 8,200 * Wells Fargo Platnium 1,100 * Wells Fargo Propel Amex 9,000 *
Total CL $139,750
Util% 1% AAOA: 47 Mo

Message 17 of 19
Highlighted
Regular Contributor

Re: Anyone noticed Plastiq coding as Utilities?

Imax and LT...thanks for that info. Super helpful. Didn’t know you put in a due date. Will probably try it out at some point when I have a SUB to make. Otherwise I guess I could use my Amex BBP but not sure the 2 MR pts per dollar are worth more than the 2.5% fee. What do you think?
Message 18 of 19
Highlighted
Frequent Contributor

Re: Anyone noticed Plastiq coding as Utilities?

FWIW, I've used Plastiq with my AMEX Green for my rent a few times 

 

It shows up as "TAX PAYMENT" on my statement. 


AMEX Gold / Home Depot CC $3K/ Discover IT Chrome $2K SL / PayPal MC $2K /
BOA BankAmericard $2K / BOA Cash Rewards $1000 / Cap One Savor One $1000 / Blaze MC $1500 / Credit One $850 / OpenSky $500 / AvantCard $500 / Discover IT Cash Back (Graduated Secured) $200 CLI to $400 / EBAY MC $300
Jan of 2017 Credit Karma: 404 -SEPT OF 2018: EX 652 EQ 626 TU 604
AUGUST OF 2019 1% UTL - EX 681 EQ 667 TU 659
Total Credit Limit: $16150 -
Goal Score: 675 for all FICOS (ACHIEVED EX)
Message 19 of 19
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.