@Anonymous wrote:
Interesting, it does say yes for Rent. May have to look into this.
If for some reason Amex decides to decline the transaction, what happenes then? Does Plastiq still charge any fees? Also, would the prop management who you pay rent to consider it as returned payment thus charge a fee?
Plastiq adds their fee into the charge amount, so if Amex declines the transaction no fee is processed. And if Amex declines the transaction no payment is sent, so no returned payment for the prop managemen to charge a fee on. But Amex is highly unlikely to decline a transaction, Plastiq is an approved Amex merchant and Plastiq likely negotiated directly with Amex for what transactions will be allowed and adheres to that strictly.
I normally use my PayPal 2% Cashback MC for all Plastiq payments and Mastercard is pretty much allowed for any payment, including paying my local credit union credit card***. I recently added my Amex BCP and when I tried to pay my CU a popup said I couldn't use Amex for that, so Plastiq has it setup well for what card type can be used for what type of payment.
*** Paying a credit card with another credit card is usually a pretty bad idea. I rarely use that CU CC as no rewards but low APR, so every few months I transfer a small amount to my checking with no cash advance fee and then quickly pay it through Plastiq, I do that just to keep it active.
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