Plastiq reached out today to let us know that there is now a newly-reduced rate on Plastiq payments made with a Brex card. While the standard credit card fee for payments made via Plastiq is 2.85%, there is some variance. In this case, the fee for payments via Brex card are dropping down to 2.35% (previously 2.65%).
I’m not sure there are many uses cases for paying the fee to use a Brex card over just mailing a check yourself, but perhaps this could be useful if Brex were to run another promotion requiring a minimum amount of spend since it broadens the types of purchases you can make.
Note that this change is immediate and Mastercard does allow for a wide range of payment types. See our Complete Guide to Plastiq Credit Card Payments for more on the various uses of the service.
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I can do this for the minimum spend? Is there a timeline? I signed up for the 110k offer with 3 ks spend, app went pending for literally 4 .months. Just found out I got approved.
We were told that there’s no set timeline for the Brex offers, so yes that should work. Good luck!
[…] Brex card now 2.35% fee on Plastiq payments by FM. Was 2.65% […]