Plastiq Walk Thru - How to Buy Anything With A Credit Card

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RJ Financial

RJ Financial

Күн бұрын

💳 RJ's Picks: www.cardonomics.com/i/rjfinan... Click "Show More" to see Ad Disclosure.
Plastiq Signup: plastiq.com/invite/q3acuid
Links
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Chapters
0:00 Hey
0:32 Plastiq
1:22 Use Cases
2:49 Payments
4:05 Layout
4:45 Settings
5:28 Adding A Card
6:15 Payment Info
8:03 Payment Setup
9:34 Submit Payment
10:21 Review
11:22 Final Thoughts
12:18 Bye
Advertiser Disclosure: Some of the products that appear on this website are from companies from which RJ Financial will earn an affiliate commission or referral bonus. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

Пікірлер: 157
@RJFinancial
@RJFinancial 2 жыл бұрын
Thanks for tuning in! Want to see the masterplan come together? Check this out next - kzfaq.info/get/bejne/l8mgf8hnr9jQo3k.html
@keltig
@keltig 2 жыл бұрын
Great video RJ.
@jimmyjames6492
@jimmyjames6492 Жыл бұрын
Thanks for the info +video! I guess my Mastercards will be put to use with Plastiq.
@RJFinancial
@RJFinancial Жыл бұрын
I'm going to checkout Mello as well, looks like a plastic alternative
@akcoop
@akcoop 10 ай бұрын
Super dope, thx for sharing 💯
@holleelifestyles2844
@holleelifestyles2844 Жыл бұрын
Hey RJ! 1st I have to say it was so REFRESHING to watch your vid. No begging to subscribe, long intros or begging to buy credit courses. New subbie 💗Happy Sunday! 🌻
@RJFinancial
@RJFinancial Жыл бұрын
Thanks and welcome. I figure at this point in the game people know where the red button is if they so choose
@pwhales264
@pwhales264 4 ай бұрын
@@RJFinancial I want to pay off a loan with Navy Federal credit union with my Navy credit card and NFCU won't let me do that. Can Plastiq help me with that?
@peteskeet9443
@peteskeet9443 2 жыл бұрын
Well made video and tutorial. I've been thinking about using Plastiq for commercial rent payments to help me get to the Delta Amex minimum spend however, was a bit unsure about the paper check method. After watching, I went ahead and made it happen! Easy and it worked, lol.
@RJFinancial
@RJFinancial 2 жыл бұрын
Interesting thought... I wonder if the BILT rewards card would care that it's commercial rent and not residential? I was surprised that GM didn't have an ACH option but the checks did deliver and post maybe about a week after doing this.
@Y1000HP
@Y1000HP 2 жыл бұрын
You made it out to yourself…..? What ?? They accepted my credit card payment then literally said I’ll be refunded in 3-5 days…
@jonathantucker2728
@jonathantucker2728 Жыл бұрын
Hey RJ I’m JT and My Comment Is You Did A Great Job and Have The Perfect Delivery! Be Blessed
@RJFinancial
@RJFinancial Жыл бұрын
Appreciate it brother
@alejandromorales5822
@alejandromorales5822 10 ай бұрын
Good video 🤙🏼🤙🏼 ty.
@jrobertson37
@jrobertson37 2 жыл бұрын
Thank you very much for this video. I could not figure out how to use this website. I was trying to pay my mortgage. Now I will use this video to pay my car loan. Keep these videos coming!
@RJFinancial
@RJFinancial 2 жыл бұрын
Always at your Service. Use to be able to do mortgages then the major players started blocking it. Probably from pressure from the banks I would guess
@jrobertson37
@jrobertson37 2 жыл бұрын
@@RJFinancial thanks to you I was able to pay my car note😁😁 wish I could pay my mtg with my new Amex BC preferred. Oh well.
@danielsosa7069
@danielsosa7069 Жыл бұрын
Very helpful video thanks for sharing
@edwinsimmons7148
@edwinsimmons7148 2 жыл бұрын
Great video/ information brother
@RJFinancial
@RJFinancial 2 жыл бұрын
Appreciate it, thanks for stopping by
@SpencerJohnsonOfficial
@SpencerJohnsonOfficial 2 жыл бұрын
RJ thanks for the video! I can see the value in using this to achieve those high spending requirements for welcome bonuses, but without that need, the fee makes it slightly not worth it in my opinion.
@RJFinancial
@RJFinancial 2 жыл бұрын
Agree, this only works in a few uses cases. one of those tricks to keep in your back pocket
@Jason_The_Man
@Jason_The_Man 2 жыл бұрын
Interesting concept.
@darnelllewis5984
@darnelllewis5984 Жыл бұрын
Thank you
@sharisefaniel2871
@sharisefaniel2871 2 жыл бұрын
Great Video
@RJFinancial
@RJFinancial 2 жыл бұрын
Appreciate it. Solid tool to keep in your back pocket when bonus hunting!
@TienTran-bi1jv
@TienTran-bi1jv 8 ай бұрын
Auto Payments Personal Visa credit cards cannot be used for any kind of Automobile payment. You can use a Business Visa credit card or debit card for some auto payments (eg. lease payments, purchases). However, Auto loan payments are not supported on any Visa credit card, whether Personal or Business. Look like we cannot do this anymore
@RJFinancial
@RJFinancial 8 ай бұрын
Correct, the lenders pressured them into blocking debt payments
@LogosBKC
@LogosBKC 2 жыл бұрын
Great video. Been wondering how i could pull this off myself but unless there’s a free version of plastiq i can t justify it after the 60 days. Sucks. Wish there were more ways to make this work for regular people
@RJFinancial
@RJFinancial 2 жыл бұрын
Plastiq accounts are free. There is a biz version but it's not necessary for what we do. You only get charged a processing fee when making the payments. Apologies if I didn't make that part clear
@alanmahp5598
@alanmahp5598 Жыл бұрын
I thought Plastiq accounts are free for only 60 days? After that period, there is a subscription fee.
@callsbypeople
@callsbypeople 4 ай бұрын
And Bilt does not charge a processing fee, if you’re paying for rent
@dylanlambdin6341
@dylanlambdin6341 2 жыл бұрын
Hey RJ, if they have the option for debit payment you may be able to use PayPal Key before they shut it down on the 20th. I’ve successfully been able to pay my student loans with a credit card using PPK for a number of months with no fee. Also a follow up on Plastiq, were the dates provided in the estimate accurate to when the merchant received the payment? I may potentially use this in the future but was weary about a paper check being delivered late
@RJFinancial
@RJFinancial 2 жыл бұрын
Hey, the dates proved to be close. GM deposited the check maybe a day after it was scheduled to arrive. Which makes sense. I was concerned about paper check as well but it all worked out on both payments. PPK would be a good move. I think Plastic added a higher debit card fee or will be soon, which will likely kill that off. However it it's still low then this is a great play
@AG-fv4wd
@AG-fv4wd 2 жыл бұрын
It's ok for the Sub but as far as rent goes, I'll go with the BLINQ credit card now.
@RJFinancial
@RJFinancial 2 жыл бұрын
Agreed, that would be the better play. I'd say this is more of a keep in the back of your pocket tool
@4CUTTY1BARZ5
@4CUTTY1BARZ5 8 ай бұрын
how do you make a invoice? mines doesnt say optional, its mandatory.
@Scottie5401
@Scottie5401 Жыл бұрын
I wish i had found plastiq and understood credit a year ago like when this video was posted. Plastiq still works but my chase ink preferred shut this option down as well as any other cash like transaction. Quick question, do you use or know any business cards that will link with plastiq in 2023? Thanks for the video always appre😮
@RJFinancial
@RJFinancial Жыл бұрын
Amex outright stopped working with them. I thought other cards would work but certain transactions were blocked, like debt repayments. Mortgages and auto loans specifically. Granted it's been awhile since I've tried. This system is basically nerfed to your point.
@discountcodes
@discountcodes 2 ай бұрын
Ryan, what is an alternative to plastiq? Is Melio good to use for paying bills with credit cards? What are you currently using instead of plastiq?
@RJFinancial
@RJFinancial 2 ай бұрын
Melio and Square often come up. I believe you could also use Wise for this. I use Wise but not with a card, tho it's an option.
@stecder2470
@stecder2470 7 күн бұрын
can i get paid my company to another one that i own too?
@champstar9669
@champstar9669 2 жыл бұрын
Would love to see a video on Citi TY points. Specifically, how to get the max value. Each card's reward balance is listed independently. They don't combine points like Amex does. You can send/share up to 100k pts/yr and receive up to 100k pts/yr. But it clearly says if you transfer any points to the Rewards+ card, that those points don't get the +10% bonus. So the theory of using the Citi DC & Citi Custom Cash cards...and then using the Rewards+ card to get the +10% bonus...does not seem to be valid/possible. Which makes a Citi setup less valuable. Chase continues to be the king of maximizing value. A CSR+CIC+CF+CIU/CFU 4 card setup is hard to beat with the +50% redemption value on the CSR.
@RJFinancial
@RJFinancial 2 жыл бұрын
I think you know more than me as is lol. I can look into it. I would be a good idea to refresh the Citi overview vid that I have and cover this kinda stuff. I know they're changing the DC to earn TY points and they can be moved but I don't know of a cool points boost like chase gets. I still kinda see Citi as a cash back play myself after the prestige was cut.
@joemeyer2726
@joemeyer2726 Жыл бұрын
Melio also
@osholajones5084
@osholajones5084 8 ай бұрын
I have a scenario where I owe 4 workers 2 weeks pay and I'm thinking about using plastiq.Being I'm paying 4 people can I just add the payment once on my credit cards to plastiq and plastiq then breaks up the payments and sends out the 4 individual payments to the guys ?? Or I will have to do each payment individually and be charged individual fees ?? Thanks and keep up the great content
@RJFinancial
@RJFinancial 8 ай бұрын
Probably individually. I never used this for its intended purpose but I assume since the payments are all going to different places, it would need different entries for each
@Chris-ut5ih
@Chris-ut5ih 8 ай бұрын
Can I use chase sapphire preferred to pay a car loan?
@RJFinancial
@RJFinancial 8 ай бұрын
Not anymore. The payment networks and plastic have blocked paying debt with this service.
@aarondmtz2178
@aarondmtz2178 2 ай бұрын
Can you make a check or wire transfer for cash out to yourself?
@RJFinancial
@RJFinancial 2 ай бұрын
You could send yourself a check. Never tried it but that should work
@gorviv529
@gorviv529 2 жыл бұрын
Hi RJ, how would you handle using Plastiq to pay a contractor (i.e. plumber) that only takes cash or check, and would take said payment generally in person? Do you envision a scenario where you offer to have the check sent to the business before services are rendered? Just trying to see how I can use this to my advantage for necessary work while cash is tight/non-existent. Thanks for the great videos.
@RJFinancial
@RJFinancial 2 жыл бұрын
Personally, I don't love paying in full for services before complete. Also never know if they'll need another part and the cost may change. You could perhaps have the check made out to the plumbing service and then mail it to yourself. I don't see an issue with that. It'll take about a week to arrive.
@gorviv529
@gorviv529 2 жыл бұрын
@@RJFinancial Thanks RJ. Very helpful. I don't like paying in advance either.
@johnb4901
@johnb4901 Жыл бұрын
@@RJFinancial Question so its ok to send the check to yourself? I would prefer this option over sending it directly to my contractor.
@RJFinancial
@RJFinancial Жыл бұрын
@@johnb4901 I don't see why you couldn't mail it to yourself. It's still going to be made out to the contractor.
@johnb4901
@johnb4901 Жыл бұрын
@@RJFinancial Ok cool. Thanks brother
@kennyfuruya2532
@kennyfuruya2532 4 ай бұрын
I have a question about using Plastiq. If I pay my $3,200 monthly mortgage with Plastiq, and they charge 2.9% fee or $92.80 with my Capital One Venture X card, I will receive 6,400 bonus miles or $64. How does using Plastiq make sense financially? Thanks in advance
@RJFinancial
@RJFinancial 4 ай бұрын
Unfortunately the payment networks and issuers block debt payments with Plastiq now. To your question it only made sense for intro offers or free night awards. Then, the payouts would be much larger than the processing fee hit
@retroaries12
@retroaries12 5 ай бұрын
how does it show up on the credit card statement?
@RJFinancial
@RJFinancial 5 ай бұрын
It shows up as the place you sent money - Plastiq. Plastiq fee is a separate line item
@David-rz4vc
@David-rz4vc Жыл бұрын
Can I do this with a bank account? Most gyms require u to pay using your bank account but I don't wanna give out my bank details out to the gyms so was wondering if this would allow me to make those payments. And if they do will the same 2.9% fee be charged or is it only for credit cards?
@RJFinancial
@RJFinancial Жыл бұрын
The gyms that I see usually want to ACH the money out themselves. I don't think this would work for that because plastic is all user initiated for bill pay. It doesn't hold money or give an account number that a gym could use from what I know. You could offer to pay in full for a year at a time in cash. If it's a smaller gym sometimes they'll do it. You could also see about initiating the payment on your end vs the gym taking it out. Then it's you setting up a bill pay on your end to send the money. Lot of it will depend on the gym. Major chain will say procedure is procedure. Smaller ones maybe if you can talk to an owner.
@xzcvz
@xzcvz 2 жыл бұрын
Is this only if you have a buisness? or can I sign up without having a business and pay my apartment lease with it? thanks!
@RJFinancial
@RJFinancial 2 жыл бұрын
Anyone can signup. They don't do any checking or verification about a business. The original intent was for businesses but they have to know people like us use it as they market it for credit card rewards as much as accounts payable.
@seayeoconversations
@seayeoconversations Жыл бұрын
Would this work if I’m trying to buy a cash car for my business ? Or would only dealership work ?
@RJFinancial
@RJFinancial Жыл бұрын
Plastiq has since removed the ability to pay auto loans. I'm not sure how they'd look at making a check payable to a dealership. If you were doing private sale and making the check out to another person or even smaller auto dealer, then sure.
@michaeldowning7094
@michaeldowning7094 Жыл бұрын
Does this work if pay my rent through a money order can I use this with a CC
@RJFinancial
@RJFinancial Жыл бұрын
You can mail the check to yourself or the land lord. As long as they accept checks then should be no problem. Could also look at the BILT rewards card that allows you to pay rent with a CC for 1x back
@yellowman617
@yellowman617 Ай бұрын
i use plastiq to my cc to pay my rent with my cc
@renanuneza8932
@renanuneza8932 3 ай бұрын
Hi. Im trying to use my chase visa business credit card by transferring my balance to my bank account but it seemed like its not letting me anymore?
@stecder2470
@stecder2470 7 күн бұрын
explain please?
@renanuneza8932
@renanuneza8932 7 күн бұрын
​@@stecder2470 Its just converting credit card balance to cash using a balance transfer.
@allenbrown8154
@allenbrown8154 Жыл бұрын
So can I use this system to pay off a old credit card bill i have ?
@RJFinancial
@RJFinancial Жыл бұрын
As far as I know, that hasn't been blocked yet.
@cjjunkee8602
@cjjunkee8602 2 жыл бұрын
Great video RJ!!! I think I want to use this but check this out, I don't know if Chase will kick me out, lol My mortgage was transferred to Chase, I want to apply for the Chase Premier, once approved, I will use this card via Plastiq to pay for my mortgage with Chase, do you think Chase will shut me down? Lol
@RJFinancial
@RJFinancial 2 жыл бұрын
I like how you think but sadly Visa ordered Plastic to stop allowing mortgage payments. Not sure why other than companies usually don't like paying debt with debt. So it coulda been the issuers who pushed back on Visa. I don't think the charge will even go thru as plastic can tell who/what your paying
@cjjunkee8602
@cjjunkee8602 2 жыл бұрын
@@RJFinancial hahaha, just a thought!!!
@Kay-sw2ig
@Kay-sw2ig Жыл бұрын
Do you have an update of how well using Plastiq worked for you and will you continue using them
@RJFinancial
@RJFinancial Жыл бұрын
Everything worked out, took about a week for the check to be posted to my GM account. If I had a big signup bonus to hit I'd use this again. Not worth paying the 2.85% outside of that use case.
@sharisefaniel2871
@sharisefaniel2871 Жыл бұрын
Hey Rj Just try to pay my mortgage to get the sign on bonus with Amex Platinum....They said I can't pay it with Amex. Do you know why they stopped it. Thanks Thanks
@RJFinancial
@RJFinancial Жыл бұрын
@@sharisefaniel2871 The lenders pushed back on the payment networks to stop allowing payment of debt with a card. Plastiq announced earlier this week that you can no longer pay auto loans with visa... which is what I did in the original vid.
@kimbapslayer1995
@kimbapslayer1995 Жыл бұрын
So I used your referral and don’t see anything about any sort of credit anywhere.
@RJFinancial
@RJFinancial Жыл бұрын
I don't believe their promo benefits the new account.
@LuisRodriguezSabala
@LuisRodriguezSabala 4 ай бұрын
Do you get the cash back by suing this?
@RJFinancial
@RJFinancial 3 ай бұрын
Yes, the intro offer paid out
@guaparra2
@guaparra2 Жыл бұрын
RJ can I pay my insurance with an American Express using plastic? I was trying to pay my progressive insurance but they don't take Amex
@RJFinancial
@RJFinancial Жыл бұрын
Here's the lasted info they have - support.plastiq.com/s/article/supported-payments-by-card-brand I believe insurance should be fine. Amex is the most restrictive but they're usually only mad about things that you normally couldn't pay with a card. Mortgages and things like that.
@guaparra2
@guaparra2 Жыл бұрын
@@RJFinancial thanks. This might be a selfish request but you think you could do a video about car insurance which one to get and what not to get. I feel like I always get screwed and pay for stuff I don't need. Mainly full cover.
@RJFinancial
@RJFinancial Жыл бұрын
@@guaparra2 I love you my guy but problem with that is it's super off topic for most folks here. Let me think about it. There may be a way to make it work. I do appreciate you think I'd be able to do it tho I have Progressive because it was easy to signup for and they've been easy to deal with for home and auto incidents I've had. The best move is like we say with banks, no loyalty. If you bounce around, you usually can get better deals as they always want to steal you from the last place.
@guaparra2
@guaparra2 Жыл бұрын
@@RJFinancial yeah I though so I figure I still ask though?
@kancocorp
@kancocorp Жыл бұрын
what happens if you cancel a charge, (the person you paid reimburses you) do you get reimbursed in full or do they charge anything/ fees?
@RJFinancial
@RJFinancial Жыл бұрын
Once the funds are sent I don't believe there's a way to get them back. You'd have to take it up with the receiver of the funds.
@kancocorp
@kancocorp Жыл бұрын
@@RJFinancial so you can’t get a refund basically?
@RJFinancial
@RJFinancial Жыл бұрын
@@kancocorp I don't know how you'd do it so I'm gonna say no
@pwhales264
@pwhales264 4 ай бұрын
I want to pay off a loan with Navy Federal credit union with my Navy credit card and NFCU won't let me do that. Can Plastiq help me with that?
@RJFinancial
@RJFinancial 4 ай бұрын
Plasitq and the issuers have been blocking debt payments so probably not
@pwhales264
@pwhales264 4 ай бұрын
@@RJFinancial I guess it's in the favor of the banks to block payments because I'm paying 17.35% on a $10,000 loan and I can get 0 API from paying it off with a card and the banks are not allowing it. Last night after I watched a video I went and tried to apply for a payment through PLASTIQ It would let me do everything except put the card information in. I appreciate your time and help Thank you
@tracywashington1119
@tracywashington1119 Жыл бұрын
Hello! i set up my plastiq account and tried to pay my car note. I received the following message: (Visa does not permit Plastiq to process mortgage, home equity, auto loan, student loan, or credit card payments on Visa credit cards.)....what would be the work around for this. I went back to look at the bank account option, is that linking my personal bank account to plastiq? Thank you!
@RJFinancial
@RJFinancial Жыл бұрын
Sadly since I've done this vid as recently as last week actually, Visa no longer allows us to make debt with debt transactions on their network. If you're trying to hit a bonus I'd say the next easiest thing is to make the check payable to yourself or a player 2. I don't know why Plastic would care about that.
@tracywashington22
@tracywashington22 Жыл бұрын
Thank you!
@stephen_combs
@stephen_combs Жыл бұрын
I tried to make a payment to myself and it canceled it.
@alexiromero3794
@alexiromero3794 3 ай бұрын
Hey dude how do they get paid?
@RJFinancial
@RJFinancial 3 ай бұрын
Plastiq? They charge a fee for the service. It'll post as its own transaction on your payment method
@sergiozapata9461
@sergiozapata9461 11 ай бұрын
Hey RJ will plastiq make a for example , 10,000.00 payment to principal only on a mortgage?
@RJFinancial
@RJFinancial 11 ай бұрын
Sadly the payment networks now block debt payments. So that won’t work any more
@stecder2470
@stecder2470 7 күн бұрын
@@RJFinancial so what pllastiq does now?
@ninobeatz3983
@ninobeatz3983 2 жыл бұрын
👍🏾
@ridgemont4il
@ridgemont4il 7 ай бұрын
What if payments are drafted eft?
@JRJUNIOR215
@JRJUNIOR215 5 ай бұрын
RJ I CANT SEND A PAYMENT TO MY MORTGAGE????
@RJFinancial
@RJFinancial 5 ай бұрын
They block all debt payments now. The payment networks and issuers don’t like the risk.
@jenneasethompson4808
@jenneasethompson4808 5 ай бұрын
What is your referral code for plastiq?
@RJFinancial
@RJFinancial 5 ай бұрын
Sorry, They killed that off awhile back. I don't have one anymore.
@plutoostays7230
@plutoostays7230 Жыл бұрын
Can you get this card in England
@RJFinancial
@RJFinancial Жыл бұрын
Which card? Plastic is a payment service so I don’t see why you couldn’t use it or at least via a VPN at worst
@djpuplex
@djpuplex 2 жыл бұрын
Just got the wells Fargo business platinum $300 sub today got it with the business checking bonus $1500 this may help me hit the sub requirements.
@RJFinancial
@RJFinancial 2 жыл бұрын
Hey, that's awesome! They don't have one in my state so I made an appointment and am gonna drive to IL to get it. Planning on hitting a BMO Harris along the way to make it worth it
@djpuplex
@djpuplex 2 жыл бұрын
@@RJFinancial Yeah I'm working on bmo Harris personal checking.and savings right now too.
@LW0625
@LW0625 10 ай бұрын
Does Plastiq only work for business owner?
@RJFinancial
@RJFinancial 10 ай бұрын
Anyone can use it. They'll still likely do the KYC questions since it involves money and payments but there's no issue using it as an individual
@lopezzepol1
@lopezzepol1 2 жыл бұрын
Hey RJ, do you work for the government? Because now I know how the US government has maxed out their credit cards!!!
@filipbasta7246
@filipbasta7246 Жыл бұрын
So basically you can live a lifestyle on 20k a month for a 3%fee lol. too good to be true for a long term
@RJFinancial
@RJFinancial Жыл бұрын
i'm sure somebody could come up with a strategy but it wouldn't make it too far. This is really only good for hitting bonuses. Anything else and the fee hurts too much
@FrankOAddo
@FrankOAddo Жыл бұрын
Can you get the check mailed to yourself through plastiq?
@RJFinancial
@RJFinancial Жыл бұрын
I don’t see why not. Thinking is why would Plastic care as long as everything clears. If you have a player 2 it could be a safer bet to put it in their name but again I don’t see why this wouldn’t work
@FrankOAddo
@FrankOAddo Жыл бұрын
@@RJFinancial thanks RJ for your reply. How does NAV help business credit? Also which industries do lenders not like? Do you have videos on these topics?
@RJFinancial
@RJFinancial Жыл бұрын
@@FrankOAddo I don't have anything on biz credit as most of use are simply calling ourselves sole props to get the cards but I can look into it. Industries banks don't like are typically the ones they ask directly about - check cashing, gaming, pot, adult entertainment, things like that.
@mdff3
@mdff3 9 ай бұрын
Plastiq won't so car payments with Visa anymore
@mdff3
@mdff3 9 ай бұрын
won't send car payments
@RJFinancial
@RJFinancial 9 ай бұрын
They’ve nerfed a lot since this. Service actually sold to another company. Waiting to see what happens before I redo this
@BroncoYeller
@BroncoYeller 9 ай бұрын
Won't the cc company charge a transfer fee for making a cash withdrawal to plastiq?
@RJFinancial
@RJFinancial 9 ай бұрын
Plastic charges your card plus as a service would plus a processing fee. No cash advance fees
@BroncoYeller
@BroncoYeller 9 ай бұрын
@@RJFinancial But can no longer use for mortgage payments? From any card?
@RJFinancial
@RJFinancial 9 ай бұрын
@@BroncoYeller Correct, the networks all complained so now you can't pay debt with this. Also Amex doesn't work at all
@BroncoYeller
@BroncoYeller 9 ай бұрын
@@RJFinancial A true bummer.
@sam10818
@sam10818 2 жыл бұрын
Do we have a credit limit to use on Plastiq also? What if I need to make a car purchase of $70K-$80K, and all my credit cards have 40K limit in total? Do we need to make payment to plastiq right away or it gives us some time like other credit card companies do?
@RJFinancial
@RJFinancial 2 жыл бұрын
Plastic charges your card directly and as soon as you press the button to send the check. You'd likely have to cut three checks in this scenario. Even with a $40k limit you have to account for the 2.85% processing fee that will be tacked on.
@sam10818
@sam10818 2 жыл бұрын
@@RJFinancial oh ok thanks a lot! do you know any credit card which will give me 2 years of no interest payment time?
@RJFinancial
@RJFinancial 2 жыл бұрын
@@sam10818 As part of the intro bonus most cards have a 0% APR period ranging from 12-18 months. Chase has 15 months on the Freedom cards + 5x on gas as the signup bonus. Chase Slate has 18 months 0%APR for 18 months. May be able to find longer if you look. If Chase interests you, here's a link, it is a personal referral but no pressure - www.referyourchasecard.com/18a/6AVFPXYUD0
@kunjomani
@kunjomani 2 жыл бұрын
Can I use my European credit card with Plastiq?
@RJFinancial
@RJFinancial 2 жыл бұрын
Not 100%... the site says they can facilitate cross border transactions so I feel like that should cover it but they don't come right out and say it www.plastiq.com/user-agreement/
@kunjomani
@kunjomani 2 жыл бұрын
@@RJFinancial as a non us resident- which bank should I choose to get credit scores in the USA? -> mainly for future investing in the USA.
@RJFinancial
@RJFinancial 2 жыл бұрын
@@kunjomani I would image you'd have to go the secured card route to start. US Bank altitude go or cash + are good options. They also graduate to unsecured as you go. Capital One is also worth a look
@gaborsebok580
@gaborsebok580 Жыл бұрын
Hello how you net $800 back?
@RJFinancial
@RJFinancial Жыл бұрын
You can't do this anymore but here's the full details - kzfaq.info/get/bejne/l8mgf8hnr9jQo3k.html
@jewelstuck2773
@jewelstuck2773 Жыл бұрын
Can I use this as a down payment for my new car?
@RJFinancial
@RJFinancial Жыл бұрын
Should work. Up to the dealer on how they want the funds. If they support ACH that's easy enough. Sometimes they want certified checks which this is technically not. So it could maybe add a few days onto the completion of the deal but it will all spend the same in the end
@kuladoma3
@kuladoma3 Жыл бұрын
those fees
@RJFinancial
@RJFinancial Жыл бұрын
Only makes sense with a bonus or trying to hit another type of spend requirements. I wouldn't do it any other time
@traybern
@traybern 11 ай бұрын
Plas-TEEK, DUMBBELL!!!!
@wtfitnessbodies
@wtfitnessbodies 2 ай бұрын
Hello RJ Can I use a credit card to pay a business line of credit through plastic?
@RJFinancial
@RJFinancial 2 ай бұрын
Probably depends on who the debt holder is. Many debt payments are blocked now but it may still be possible with random companies that aren't obviously a mortgage, auto loan, etc
@wtfitnessbodies
@wtfitnessbodies 2 ай бұрын
Hello RJ thank you for answered, The business line of credit is from PNC, is it doable.
@RJFinancial
@RJFinancial 2 ай бұрын
@@wtfitnessbodies My guess is probably but you'll have to be the data point you want to see. Alternatively you could cut a check from Plastic to yourself or a family member. Then cash it, and pay PNC
@KevinJohnsonX
@KevinJohnsonX 2 жыл бұрын
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