PayRewards vs. Plastiq: 2026 comparison guide
You already pay bills by card for the points. Now pay a lower card fee and earn a second points balance on every dollar.
- No setup fees
- No monthly or annual subscription fees
- No lock-in
Top 3 reasons to choose PayRewards over Plastiq
A lower card fee
2.9% on PayRewards, 2.99% on Plastiq. On a $15,000 bill that’s $435 instead of $448.50.
A second points balance
Plastiq gives you your card’s points and nothing more. PayRewards adds up to 2 PayRewards Points per $1 on top.
Redeem for more than travel
Transfer to airline partners, pay next month’s bills with this month’s points, or claim tech, experiences and 100+ gift cards.
PayRewards vs. Plastiq, feature by feature
Both pay vendors by card, even when they don’t take cards. Only one pays you back.
| Feature | PayRewards | Plastiq |
|---|---|---|
| Subscription | FreeEvery user and feature included | $0 |
| Rewards and redemptions | ||
| Its own points program | Yes1 or 2 points per $1 | No |
| Keep your card’s own points | Yes | Yes |
| Earn points on ACH payments | Yes | No |
| Redeem points to pay invoices | Yes | No |
| Airline transfer partners | Yes | No |
| Gift cards, 100+ brands | Yes | No |
| Pay by card | ||
| Pay vendors who don’t take cards | Yes | Yes |
| Card service fee | 2.9% | 2.99% |
| Cards accepted | Visa, Mastercard, Amex | Visa, Mastercard, Amex, Discover and more |
| Delivery fees | ||
| ACH to your vendor | No delivery fee | $0.99 |
| Check | $5 | $1.49 |
| Domestic wire | $16 | $8.99 |
| Payables | ||
| QuickBooks Online bill import | Yes | YesAlso Xero, NetSuite and Sage Intacct |
| Approvals and multi-user access | Yes | YesRoles and approval permissions |
| Security | ||
| PCI DSS compliant | Yes | YesLevel 1 |
| Multi-factor authentication | YesPlus passkeys | YesOptional 2-step verification |
As of September 29, 2026. Sources: Plastiq pricing, Plastiq accounting sync, Plastiq security. PayRewards: PayRewards pricing.
See what your bills could earn on top
Same bills. Same card. See how many more points land with PayRewards.
Your PayRewards tier
Core earns 1 point per $1 with a 1.75% fee. Plus earns 2 points per $1 with a 3.25% fee.
Extra points with PayRewards, first year
240,000
on top of the points your card already earns
Bills paid in a year$120,000
Paying through PayRewards: card points plus PayRewards Points360,000 pts
Assumes your card earns 1 point per $1.
Illustrative only. Not financial or tax advice. Card payments on PayRewards carry a 2.9% service fee. The PayRewards fee applies on top when you earn PayRewards Points.
Where your points go
Pay bills. Earn and transfer points to whatever moves you.
The same money you were spending anyway, now redeemable across travel, your team, and the business itself.
Your card's miles
Keep earning airline miles
Pay bills that don't take cards on the card you carry, and keep earning miles with Delta, United and American.
100+ brands
Buy gift cards from the best brands
Shop Amazon, Apple, Target and hundreds of brands, with every point worth its full face value at checkout.
Luxury redemptions
Experiences money can't buy
Work with our concierge team on whatever you want, then redeem for the experiences that money can't buy.
Instant transfers
Transfer points to employees as a reward
Recognize your team the very moment it matters, sending points to any employee instantly and directly.
Invoice redemptions
Pay an invoice with points
Put your points straight back into the business, applying them against your very next invoice or bill.
Transfer PayRewards Points to our airline and hotel partners
With direct transfers, it's easy to fly on PayRewards Points — including U.S. domestic routes.
“PayRewards solved a lot of things for us - cashflow being number one. Now I can upload all my payments at once and know they’ll be paid in two business days. It’s easier, our Vendors are happy, and we’re unlocking travel rewards we’d never have paid for out of pocket.”
Three steps to your payback
-
Make a payment
Add a bill or import it from QuickBooks Online. Pay by card or ACH. Your vendor gets ACH, wire or check.
-
Boost your points
Pick Core or Plus on each payment. Your card earns its points and PayRewards Points land on top.
-
Redeem
Flights, gift cards, invoices, custom redemptions, or points for your team.
What it costs
The card fee is lower than Plastiq’s 2.99%. The points are optional on card, and every ACH payment earns them.
See full pricing →Service fee
Card payments
Visa, Mastercard and American Express
2.9%
per transaction
Points tier
Core
Earn rewards at a lower fee rate
1.75%
fee per transaction
1 point per $1
POPULAR
Points tier
Plus
Maximize your rewards earnings
3.25%
fee per transaction
2 points per $1
Card payments can skip points and pay 2.9% only. ACH payments carry no service fee and always earn Core or Plus. Fees as of September 29, 2026.
PayRewards vs. Plastiq: your questions
How is PayRewards different from Plastiq?
Both let you pay vendors by card, even when they don’t take cards. PayRewards adds its own points program: earn 1 or 2 PayRewards Points per $1 on card and ACH payments, and keep 100% of your card’s points.
Is the PayRewards card fee really lower?
Yes, on card payments. The card service fee is 2.9% on PayRewards and 2.99% on Plastiq, so a $15,000 payment costs $435 instead of $448.50. Add Core (1.75%) or Plus (3.25%) on any payment to earn PayRewards Points on top.
Will my card code PayRewards payments as purchases?
Your card issuer decides how each transaction is coded, so we can’t guarantee it. Make a small test payment first and check how it appears on your statement.
What bills can I pay?
Vendor invoices, contractors, business rent, equipment, insurance, and permits and licenses. Some categories are restricted, so check the payment rules before you pay.
Can I pay personal bills?
No. PayRewards is for business payments only. You need an active business with an EIN to sign up.
How fast do vendors get paid?
Most payments land in 1 to 2 business days. A mailed check takes 4 to 7 business days.
What can I redeem PayRewards Points for?
Transfer to airline partners, pay your next vendor invoice with points, claim from 100+ gift cards, or request a custom redemption, from tech and golf clubs to a Rolex. You can also gift points to your team.
Competitor information is based on publicly available sources as of September 29, 2026 and may change. PayRewards Points are earned and redeemed subject to the PayRewards Terms. Card fees may be tax deductible; consult your tax advisor. PayRewards is offered by PayRewards LLC.
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