[EXPIRED] Pay mortgage by Mastercard w/ 1.5% fee after rebate

9
Sorry, this deal is no longer available. Do you want to be alerted about new deals as they’re published? Click here to subscribe to Frequent Miler's Instant Posts by email.

Plastiq is a bill payment service that lets you pay almost any bill with a credit card for a 2.5% fee.  For an overview of Plastiq, please see: Complete guide to Plastiq credit card payments.

Currently Plastiq is running a promotion with Mastercard where they’ll rebate part of the 2.5% fee if you do the following:

  • Schedule 3 or more monthly mortgage payments by checking the box next to recurring.
  • Use a Mastercard.
  • Set up the first 3 payments so they are set to process between September 5, 2017 and December 31, 2017 11:59 p.m. EDT.
  • Look for a notification of eligibility on the payment review screen.

The result, after rebate, should be that you paid a total of 1.5% in fees.

Note that the size of the rebate is dependent upon how much in fees you paid, so I do not recommend applying fee-free-dollars to these payments.

More details can be found on Plastiq’s blog post, here.

0 0 votes
Post Rating
Want to learn more about miles and points? Subscribe to email updates or check out our podcast on your favorite podcast platform.

Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

9 Comments
Inline Feedbacks
View all comments
Chris

Anyone know if this will work with a prepaid MasterCard?

Michael

Any idea if HELOC are considered mortgages with plastiq?

Jayson

Is there a cashback card that could make it profitable, or is this just for sign up bonuses?

Alex

Citi double cash is 2% yielding .5% profit

Alex

Any idea if one can do this promotion with two separate cards, each having their own set of 3 payments? For instance one card could be 3 regular payments and the other card 3 extra principal payments. I sent them a text message through the app but no word yet. If you have a plastiq contact and can verify that would be awesome.

[…] Plastiq is a bill payment service that lets you pay almost any bill with a credit card for a 2.5% fee. For an overview of Plastiq, please see: Complete guide to Plastiq credit card payments. Currently Plastiq is running a promotion with Mastercard where they’ll rebate part of the 2.5% fee if you do the following: Schedule 3 or more monthly mortgage payments by checking the box next to recurring. Use a Mastercard. Set up the first 3 payments so they are set to process between September 5, 2017 and December 31, 2017 11:59 p.m. EDT. Look for a notification of eligibility on the payment review screen. The result, after rebate, should be that you paid a total of 1.5% in fees. LEARN MORE! […]