Plastiq’s Bill Payment Services will no longer support American Express Credit Cards as a viable Mortgage Payment through them. This recent change pushed Discover and MasterCard network-ed cards to be the only contenders to work out as mortgage payments via Plastiq’s services. Reminiscing to the past, AMEX had interest fees as low as 1.75% before and just in February, it was at 2.0% rather than the standard 2.5%.
Editor’s Note: Plastiq no longer accepts American Express Credit Cards as a valid method towards Mortgage payments with Plastiq.
Key Features:
American Express – 2.00%- MasterCard – 1.5% service fee for payments using a MCcard
How To Work Plastiq:
- Submit or schedule a payment for ANY bill.
- Make sure the “Processing Date” is no later than February 28, 2017. You can see the “Processing Date” when you hover over a date in the calendar.
- Use any ELIGIBLE card to make the payment.
Final Analysis:
Plastiq no longer accepts American Express Credit Cards as a valid method towards Mortgage payments with Plastiq. Only MasterCard/Discover network cards seem to be viable options when paying Mortgages with Plastiq. Note that there’s currently a promo for MasterCard holders to get 1.5% fees instead of the standard 2.5%. Don’t forget to check out our full list of Credit Card Bonuses if you’re not interested at the moment.
