Plastiq Fee

[370Z]

When using Plastiq with a credit card, is the fee (2.85%) lumped in with the desired payment or is it a separate charge on the credit card? For example, $100 + $2.85 = $102.85 single charge or $100 and $2.85 separate charges? Thanks.

[Credit12Fico]

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@370Z wrote:

When using Plastiq with a credit card, is the fee (2.85%) lumped in with the desired payment or is it a separate charge on the credit card? For example, $100 + $2.85 = $102.85 single charge or $100 and $2.85 separate charges? Thanks.

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It's lumped in. So you see one charge of $102.85 on your credit card.

[370Z]

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@Credit12Fico wrote:

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@370Z wrote:

When using Plastiq with a credit card, is the fee (2.85%) lumped in with the desired payment or is it a separate charge on the credit card? For example, $100 + $2.85 = $102.85 single charge or $100 and $2.85 separate charges? Thanks.

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It's lumped in. So you see one charge of $102.85 on your credit card.

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Great. Thank you.

[DaveInAZ]

And FYI the charge comes through with the name of the payee. I pay my mortgage with BMO Harris Bank through Plastic, so the charge appears as "PQ *BMO HARRIS BANK NA". I've been charging it to my PayPal 2% Mastercard, since it's 2% on every purchase it doesn't show you any MCC merchant coding. As I recall when I used a different card it coded as "Lodging", Plastic can use different merchant codes depending on what you're paying,

[370Z]

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@DaveInAZ wrote:

And FYI the charge comes through with the name of the payee. I pay my mortgage with BMO Harris Bank through Plastic, so the charge appears as "PQ *BMO HARRIS BANK NA". I've been charging it to my PayPal 2% Mastercard, since it's 2% on every purchase it doesn't show you any MCC merchant coding. As I recall when I used a different card it coded as "Lodging", Plastic can use different merchant codes depending on what you're paying,

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That's good info. Thanks.

[Anonymous]

Off topic, but has anyone received any targeted Plastiq offers lately?  There's been a few times in the past where they've waived fees on (say) 3 payments of X amount.  I've enjoyed taking advantage of those in the past like making 3 mortgage payments at once in order to scoop up a little CB or to hit a spend requirement.

[FinStar]

I've been getting different ones at various intervals and the most recent FFD promo I received ended Dec 31.

[Credit12Fico]

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@Anonymous wrote:

Off topic, but has anyone received any targeted Plastiq offers lately?  There's been a few times in the past where they've waived fees on (say) 3 payments of X amount.  I've enjoyed taking advantage of those in the past like making 3 mortgage payments at once in order to scoop up a little CB or to hit a spend requirement.

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I received an offer for $1000 FFD to link quickbooks. I don't use quickbooks, but I do now 

[Anonymous]

Are these FFD offers relatively new?

Any offers I ever received never mentioned FFD.  They were always along the line of "You get 3 no-fee payments for the month of December" for example.

[FinStar]

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@Anonymous wrote:

Are these FFD offers relatively new?

Any offers I ever received never mentioned FFD.  They were always along the line of "You get 3 no-fee payments for the month of December" for example.

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Nope, they've had them for sometime.  They may have changed their incentive offers for a variety of customers depending on how often you're using Plastiq.