On Jun 3rd, Plastiq sent out an email, titled “Earn up to $60 just by paying early with Plastiq”, offering $20 per $1k in payment with a debit or credit card. You can earn up to a maximum of $60.
Get rewarded this month for submitting your payments early. Use your favorite rewards credit or debit card to make payments by June 15, 2021 and get a $20 USD gift card for each $1,000 USD in total payments. You can earn a maximum of $60 USD for $3,000 USD or more in total payments via credit or debit card.
It is worth mentioning that early last months (few days prior to getting this email) I had received a $10 per $1k offer with a cap of $30.
Terms and Conditions
- This promotion is only available to direct recipients of this email notifying them of their eligibility and the offer is non-transferable. Promo name: Philadelphia.
- Payments must be processed with the full Plastiq fee to qualify.
- Customers must make total payments of $1,000 USD (excluding the Plastiq fee, wire transfer, cross-border, expedited delivery, or other fees) to qualify for the $20 USD gift card promotion.
- A customer can earn a maximum of $60 USD for $3,000 USD or more in total payments. Rewards are not prorated.
- Limit of one gift card per eligible account.
- Eligible customers can submit immediate payments or schedule payments to be processed from 12:01 AM ET on June 3, 2021, and before 11:59 PM ET on June 15, 2021.
- Rejected, returned, canceled payments will forfeit the promotion bonus for those payments.
- The gift card will be emailed to the customer’s Plastiq email address on or before July 31, 2021.
- Restrictions apply, please see Reward Link Terms of Service.
- Plastiq reserves the right to cancel or modify the promotion at any time.
Closing Thoughts
Assuming you value the gift card 1:1 with cash, and pay 2.85% credit card fee on Plastiq (i.e. you don’t have FFD), your card needs to earn at least 0.8% for you to break even. Obviously the offer is sweetened if you’ve a reward earning debit card that codes as debit card on Plastiq (1% fee). Either way, if you’re eligible, IMO this is a no-brainer offer.
