Limited-Time! Pay Mortgage or Rent With 1.75% Credit Card Fee

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Limited-Time! Pay Mortgage or Rent With 1.75% Credit Card Fee

Million Mile SecretsLimited-Time! Pay Mortgage or Rent With 1.75% Credit Card FeeMillion Mile Secrets Team

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Update: One or more card offers in this post are no longer available. Check our Hot Deals for the latest offers.

Looking for an easy way to complete minimum spending requirements or earn extra miles & points?  Now Plastiq is giving you a way to do it!

Plastiq will have a reduced fee of 1.75% when you use a Mastercard credit card to schedule 6+ future rent or mortgage payments through September 30, 2016, at 11:59 pm Pacific Time. 

Limited Time Pay Mortgage Or Rent With 1.75 Credit Card Fee
The New Plastiq Promotion Can Help You Earn Credit Card Rewards When You Schedule 6+ Rent or Mortgage Payments With a MasterCard

I’ll show you how to lock-in the lower transaction fee.

Plastiq’s Offer Is Welcome News

Link:   Sign-up for Plastiq

Link:   Plastiq: Get 1.75% When You Pay Rent or Mortgage

Plastiq is lowering their fee for rent or mortgage payments!  But in order to qualify, you must follow these rules:

  • Schedule 6 or more payments, as far into the future as you’d like
  • Make sure those payments are for rent or mortgage
  • Use a MasterCard
  • Do it before September 30, 2016, 11:59 p.m. Pacific Time

This is a great way to help folks meet minimum spending requirements.  Especially after RadPad abruptly ended their free rent promotion yesterday!

For example, if you recently signed-up for the Bank of America Virgin Atlantic credit card, and are trying to figure out how to spend $12,000 in 6 months to earn 50,000 Virgin Atlantic miles, this could help you with a good portion of your spending!

This deal is also a great way to earn extra credit card rewards inexpensively.  Think of it as buying points at a discount.

For example, if you use your Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard® card to pay 4,000 in rent, you will receive 4,000 American Airlines points for a fee of $68. ($4,000 rent payment X 1.75% service charge = $68 fee)  That’s $50 cheaper than you would pay for the same amount of miles on the American Airlines website!  And, you can save the points toward Big Travel!

You can also use cards like the Citi Double Cash card or Barclaycard Arrival Plus World Elite Mastercard, which both earn at least 2X in rewards.  Using these cards more than makes up for the transaction fee, but won’t earn many extra rewards.

Still, if you’re trying to unlock a sign-up bonus, this could be a quick way to do it.  As always, run the numbers to make sure this deal is worth it for your situation!

Will you take advantage of the limited-time Plastiq promotion?

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Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Chase Sapphire Preferred named "Best Credit Card for Flexible Travel Redemption" - Kiplinger's Personal Finance, June 2018
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards

More Info

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

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Sergey – You have to look at the bigger picture here. Its not just 4000 but a total of 50k sign up bonus + 4000 miles that you are trying to get here and that fees isnt too much if you factor that in.

68$ / 4000miles = 0.17 per mile. It’s expensive

Great info.. having barclay card is coming handy again with Plastiq. Seems like Plastiq is getting added business during Master card promotions