MORE Negative Changes Coming to Plastiq?

Signing-up for credit cards through partner links earns us a commission. Here’s our full Advertising Policy.

MORE Negative Changes Coming to Plastiq?

Million Mile SecretsMORE Negative Changes Coming to Plastiq?Million Mile Secrets Team

Signing-up for credit cards through partner links earns us a commission. Here’s our full Advertising Policy.

Update:  Frequent Miler confirmed that Plastiq no longer accepts AMEX cards for mortgage payments.  Although existing, scheduled mortgage payments with an AMEX card are still going through.

There could be more bad news for those of y’all who use Plastiq to meet minimum spending requirements and earn extra rewards.

Earlier this year, Plastiq removed the ability for folks to use Visa credit cards for mortgage payments.  And according to a tweet from YS.E.H, now folks trying to use American Express credit cards for mortgage payments through Plastiq are being declined.

MORE Negative Changes Coming To Plastiq
Plastiq Already Made It More Difficult to Use Their Services to Earn Valuable Sign-Up Bonuses With Visa Cards. Are They Doing the Same With AMEX?

Is Plastic Blocking Mortgage Payments Made With American Express Cards?

Link:   Plastiq

Link:   My Review of Plastiq

Plastiq is a service that allows you to pay any bill (businesses or individuals) with a credit card.  That includes bills that do NOT accept credit cards, like mortgages, rent, and car payments.

Folks in the miles & points hobby like Plastiq because it’s an easy way to help meet minimum spending requirements.  But because Plastiq usually charges a 2.5% fee for their services, it’s usually NOT a good idea to use the service just to earn extra miles & points.

Now, some folks are reporting that American Express credit cards are no longer working for mortgage payments.

Team member Harlan has a few mortgages payees that he handles through Plastiq.  And he confirmed that one of his payees could no longer be paid with an AMEX card.  But the others still worked!

MORE Negative Changes Coming To Plastiq
Team Member Harlan Was Unable to Use His AMEX Card to Pay for One of His Mortgages

At the moment, this seems like a very case-by-case restriction.  We don’t know if Plastiq will continue to reduce AMEX-eligible payees.  But it’s worth signing into your account to see if these changes affect you!

That said, both MasterCard and Discover still work well for mortgage payments through Plastiq.  So if you want to pay your mortgage through Plastiq with a credit card, there are still plenty of options, like the Citi Prestige or Barclaycard Arrival Plus World Elite Mastercard.

Note:   There is another service similar to Plastiq called Tio (previously called ChargeSmart), which still allows you to pay a mortgage with a Visa card.  But NOT AMEX credit cards.

Bottom Line

Similar to Plastiq’s move with Visa earlier this year, folks are reporting that you can no longer use AMEX cards to make mortgage payments to certain payees.  If you pay your mortgage with an AMEX card, I recommend checking your account to see if your payees are affected.  So you can come up with a backup plan!

Does this unannounced change from Plastiq affect you?

If you liked this post, why don’t you join the 37,000+ readers who have signed-up to receive free blog posts via email (only 1 email per day!) …because then you’ll never miss another update!

Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 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, 60,000 points are worth $750 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! :)

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry that something went wrong, repeat again!


by Newest
by Best by Newest by Oldest

Isn’t Tio now owned by PayPal???

Million Mile Secrest

Looks like it is!

Tio ( now owned by PayPal) does NOT allow Amex credit cards for mortgage payments. This is directly from the FAQ: “Currently, American Express cards are only accepted by utility companies”

Million Mile Secrest

Thanks for clarifying!

As of right now, Tio doesn’t and won’t accept AMEX. Are you sure about that?

AMEX doesn’t work for me either in Tio. And I spoke with a Plastiq rep on chat today, and he said AMEX had asked them to stop allowing AMEX payments for mortgages, same as VISA.

Million Mile Secrets

Hmm, thanks for your data point. I don’t use Tio, but there’s a very clear American Express logo among all the other card associations, and I’m 100% certain you could pay with AMEX before. I’ll have to look into this!

Hi Daraius… (I hadn’t heard of Tio before — so thanks for the reference) To your question, from their Q&A, this may help:

“What card brands does TIO accept?
Visa, MasterCard and Discover are accepted for all payments. American Express cards are accepted for all utility payments.”

Million Mile Secrest

Thanks for clarifying! The post has been updated.