I recently received the following referral offer on my Plastiq account:
We’re running a new promotion that could earn you fee free spend on Plastiq for every business customer you refer.
Here’s how it works:
- For every business contact you refer who signs up using this link, that spends $50k by the end of November ’19, we drop 25,000 Fee Free Dollars into your Plastiq account, and 50,000 Fee Free Dollars into theirs
- Additionally, we’ll add 5,000 Fee Free Dollars into each account that signs up
That’s all I know about the promo.
Fee-free dollars allow you to make future payments with a debit or credit card without the 1-2.5% fee Plastiq usually charges. See this Plastiq support page for more on fee-free dollars and their expiration terms.
If you decide to go for it, I’d highly recommend confirming the offer terms with Plastiq via chat or email once you’ve registered your new business account. Even then, there’s a risk they might decide not to pay out on the promotion for whatever reason. $50,000 is a lot of payments in a relatively short period of time so proceed with caution.
I just signed up using your link. @Robert, can you drop me an email at the email address on this comment?
Hi Robert,
I signed up using your link and expected to see 5000 ffd on the account- but it appears to show std 500 ffd after sending 500 available yo public.
Their dupport page says you can add a referral code before making any pmts and they will apply. Do you have a referral code?
If not I will contact plastiq.
Thanks so much!
Hey Michael,
My referral code, and the offer on your end, should be baked into the referral link and convey to your account opening. If for some reason it didn’t come through it is: 289841
It’s a bit ambiguous to me whether the additional 5,000 FFDs are granted at signup or after meeting the spend requirement.
Definitely ping Plastiq via chat or email before starting to send payments. And let us know how it goes? It’s a good deal I think, but Plastiq can be a bit wonky on the implementation details.
-Robert
Thanks for the response! Must be after meeting spend as that is the code applied. I cannot make that spend. Will chat w/ Plastiq and see if they will offer me something as I was waiting for best promo to sign up. Thanks again!
I put in the referral code and a message came up Code 289841 Applied: You’ll get 500 FFDs after paying $500 worth of bills with Plastiq.
Hi sol – that’s Plastiq’s standard offer when you sign up through referral. The higher offer for spending $50,000 should actually be attached though.
I’d encourage you to email marketing@plastiq.com OR chatting with them online to confirm the actual heightened referral offer was successfully applied.
Thanks for sharing your experience. If you’d keep me posted I’d appreciate it.
I let a Plastiq rep (who had reached out to me upon my sign-up) know and he adjusted my account and applied the 5000 ffd.
That’s great – thanks for letting us know Michael.