I opened a new USAA card to take advantage of a 0% APR rate until February 2020 (but gosh how I wish the Limitless card with 2.5% cashback everywhere would come back). I previously got a new card to make a student loan payment.
So the USAA Preferred Cash Rewards card earns 1.5% cashback on purchases. I was hoping Plastiq payments would code as “miscellaneous services” (or similar), but nope, they post as a “quasi-cash merchant” and do not earn any reward points.
So don’t use your USAA card with Plastiq!
More importantly, I hope this doesn’t signal a trend of Plastiq coding as cash-like purchases.
Even still, I was not charged a cash advance fee per Plastiq’s advising.