We devote thousands of hours of research to help you get Big Travel with Small Money. You support us by signing-up for credit cards through partner links which earn us a commission. Here’s our full Advertising Policy.
Plastiq has a limited-time promotion that can help small business cardholders meet big spending requirements more easily. The timing couldn’t be more perfect because you can pair it with huge limited-time offers on the Capital One® Spark® Miles for Business and Capital One® Spark® Cash for Business cards to earn bonuses worth up to $3,000.
Those cards require $50,000 in total spend to meet the tiered minimum spending requirements. And Plastiq will give you $5,000 in free payments after you make $15,000 in payments with your small business card by December 31, 2018.
You can pair these offers to save on payments and earn a huge sign-up bonus. Or use another small business card to take advantage of Plastiq’s promotion.
I’ll share the full terms of the offer!
Plastiq Business Promotion for $5,000 in Free Payments
Link: Sign-Up for Plastiq
You can use Plastiq to pay nearly any bill or merchant – even if they don’t accept credit cards as payment. That’s because Plastiq will send a paper check on your behalf.
It’s an easy way to free up and control your cash flow. Plastiq charges a 2.5% fee for their service. So if you make $15,000 in payments, you’ll pay $375 in fees.
But the next $5,000 in payments would be completely fee-free. If you time this deal right, you could save on tax payments, whether you pay quarterly or annually.
If you want to sign-up, be sure to register as a business account and use a small business card for your payments. You can pay:
- Car loans or lease payments
- Skilled laborers
- Business services
- Membership dues or club memberships
- HOA dues
- Utility companies
- Cleaning, maid, and upkeep services
- Taxes to the government, state, or municipality
- Nearly any other bill!
Plus, as a small business owner, you can write-off the service fee as a business expense! So overall, this is an excellent promotion if you have big spending.
Get a Running Start Toward Capital One Spark Cards’ $3,000 Bonus Offer
Apply Here: Capital One® Spark® Miles for Business
Apply Here: Capital One® Spark® Cash for Business
If you’re interested in travel rewards, consider the Capital One Spark Miles for Business card.
For a limited time, you’ll earn 50,000 Spark miles after spending $5,000 on purchases within the first 3 months of account opening. And an additional 150,000 Spark miles after spending $50,000 total (an additional $45,000) in purchases within the first 6 months of account opening. You’ll also earn 2X Spark miles on your spending, which is another 100,000 Spark miles added to your account.
That’s a total of 300,000 Spark miles, which are worth $3,000 toward nearly any travel expense, including Airbnb, cruises, hotel stays, flights, and much more!
And if you want the simplicity of straight cash back, go for the Capital One Spark Cash for Business card. You can earn a $500 cash bonus after spending $5,000 on qualifying purchases within the first 3 months of account opening, also for a limited time. Plus, you can earn an additional $1,500 when you spend $50,000 total (an additional $45,000) in qualifying purchases within the first 6 months of account opening.
With this card, you’ll earn 2% cash back on every purchase, so you’ll earn $1,000 in cash back from the spending requirements. That gives you $3,000 to spend however you want!
Both of these cards have NO foreign transaction fees. And the $95 annual fee is waived the first year.
Plastiq Promotion + Capital One Spark Cards = Easy Cash Bonus
With Plastiq’s promotion, you’ll pay $375 for $15,000 in payments, then get $5,000 in free payments. So in total, you pay $375 for $20,000 worth of payments, which is a great deal.
At that point, you’d be nearly halfway through the tiered minimum spending on the Capital One Spark Miles for Business or Capital One Spark Cash for Business card. And you’d have $500 in rewards for spending $5,000, plus $400 for making $20,000 in payments ($20,000 X 2%). So you’ll earn much more than the cost of the payments.
Remember, you have 6 months to complete the minimum spending on these cards. And the Plastiq deal could give you a big head start to knock it out even faster.
Or, you could use the deal to complete minimum spending on other small business cards. For example, you can earn 80,000 Chase Ultimate Rewards points after you spend $5,000 on purchases in the first 3 months from account opening with the Ink Business Preferred℠ Credit Card, which is worth (at least) $1,000 toward travel. Here’s our full review.
If you’ve used Plastiq to earn big sign-up bonuses and free payments, feel free to share your experience!