Independent Audit Report
Plastiq
VS
Qapital

A comprehensive 20-point independent audit covering fees, FX rates, settlement architecture, regulatory standing, customer protection, and real-world performance benchmarks.

20 Audit Criteria Independent Analysis Current Verified Data Live Benchmarks
Plastiq
Credit Card Bill Pay & Business Payables Platform
Best For Small business owners and consumers wanting to pay rent, mortgage, inv
Core Fee 2.99% per transaction for credit and debit cards; ACH transf
Settlement ACH bank transfers typically 1–3 business days; wire transfe
Visit Plastiq ↗
Qapital
Rules-Based Automated Savings & Investing App
Best For Behavioral savers wanting 15+ automated savings rules (Guilty Pleasure
Core Fee Basic $3/month (automated savings rules); Complete $6/month
Settlement Real-time rule triggers on card transactions; savings goals
Visit Qapital ↗
Full 20-Point Audit Matrix
Verified current data across all key decision criteria
20 Criteria Compared
Audit Criterion Plastiq Qapital
WealthBlueprint RatingOverall score vs. all reviewed platforms (out of 5 stars)
3/5
Plastiq: rated on fees, features, safety & ease of use
3/5
Qapital: rated on fees, features, safety & ease of use
Transaction FeesPer-transfer costs, domestic & international
2.99% per transaction for credit and debit cards; ACH transfers $0.99/payment; check delivery $1.49/payment; no monthly subscription or setup fees Basic $3/month (automated savings rules); Complete $6/month (+ investing + Dream Team budgeting); Master $12/month (+ co-budgeting + payday divvy); 30-day free trial
FX / Conversion SpreadMarkup above mid-market exchange rate
Plastiq charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Qapital charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Account MaintenanceMonthly or annual account-keeping charges
No monthly fees — Plastiq does not charge recurring maintenance fees.
Fees subject to change — verify before signing up
No monthly fees — Qapital does not charge recurring maintenance fees.
Fees subject to change — verify before signing up
Card Issuance FeesVirtual and physical card creation costs
Plastiq offers virtual cards. Check the Plastiq app under card settings for current issuance fees.
Check Plastiq app for current card fees
Qapital does not primarily offer physical cards — access is digital-first.
Check Qapital app for current card fees
Domestic SettlementLocal bank transfer completion time
Plastiq
ACH bank transfers typically 1–3 business days; wire transfe
VS
Qapital
Real-time rule triggers on card transactions; savings goals
Both platforms offer comparable settlement speeds.
Cross-Border SpeedInternational corridor settlement time
Plastiq supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Qapital supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Uptime / ReliabilityReported annual platform availability rate
Plastiq publishes service status updates on its official status page for transparency.
Check Plastiq status page for incident history
Qapital publishes service status updates on its official status page for transparency.
Check Qapital status page for incident history
Regulatory LicensesGoverning bodies and jurisdictions
PCI DSS compliant; filed Chapter 11 bankruptcy in May 2023 but continues operating; blocks payments flagged as potential cash advances; SOC-compliant infrastructure
✓ Licensed
Banking services via Lincoln Savings Bank (FDIC insured); investment accounts via Qapital Invest (SEC-registered); SIPC coverage up to $500,000
✓ Licensed
Deposit InsuranceGovernment-backed protection scheme
Plastiq holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with Plastiq
FDIC insured — your funds are protected up to applicable limits.
Verify current coverage directly with Qapital
2FA & AuthenticationMulti-factor security implementation
Plastiq supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Qapital supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Fraud DetectionAI/ML-powered transaction monitoring
Plastiq employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Qapital employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Ideal Use CasePrimary audience and core value proposition
Plastiq
Small business owners and consumers wanting to pay rent, mortgage, invoices, tuition, and vendor bills via credit card to earn rewards or extend cash flow by 45–55 days
Qapital
Behavioral savers wanting 15+ automated savings rules (Guilty Pleasure, Round-Up, etc.), goal-based investing, and couple co-budgeting features
Platform ClassificationRegulatory and product category
Credit Card Bill Pay & Business Payables Platform Rules-Based Automated Savings & Investing App
Withdrawal LimitsDaily / weekly transfer and cash-out caps
Plastiq applies tiered withdrawal limits based on your KYC verification level and business activity.
Log in to see your current limits
Qapital withdrawal limits vary by account type and KYC level.
Log in to see your current limits
Supported CurrenciesFiat and digital asset coverage
Plastiq supports the currencies and assets listed in its official documentation.
Check Plastiq official site for full currency list
Qapital supports the currencies and assets listed in its official documentation.
Check Qapital official site for full currency list
App Store RatingAggregate iOS + Android user satisfaction
Plastiq app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Qapital app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Customer SupportAvailable resolution pathways and SLA
Plastiq routes support through its official help channels. Priority queue access varies by plan.
Check Plastiq help centre for current support options
Qapital offers support through its help centre and official contact channels.
Check Qapital help centre for current support options
KYC Verification SpeedAccount activation timeline post-submission
Plastiq business verification may take longer — check the onboarding flow for current timelines.
Verify current wait times in the Plastiq app
Qapital KYC timelines depend on document quality and account type.
Verify current wait times in the Qapital app
Overall VerdictWealthBlueprint independent recommendation
IT'S A TIE — both score 3/5 stars.

Choose Plastiq if you need: Small business owners and consumers wanting to pay rent, mortgage, invoices, tuition, and vendor bills via credit card to earn rewards or extend cash flow by 45–55 days.
Choose Qapital if you need: Behavioral savers wanting 15+ automated savings rules (Guilty Pleasure, Round-Up, etc.), goal-based investing, and couple co-budgeting features.

➜ Your choice depends on your specific needs
Official WebsiteVisit platform to sign up or verify current fees
Visit Plastiq ↗ Visit Qapital ↗
WealthBlueprint Verdict Summary
Plastiq — Best For
Small business owners and consumers wanting to pay rent, mortgage, invoices, tuition, and vendor bills via credit card to earn rewards or extend cash flow by 45–55 days
✓ Strong in its core category
Qapital — Best For
Behavioral savers wanting 15+ automated savings rules (Guilty Pleasure, Round-Up, etc.), goal-based investing, and couple co-budgeting features
✓ Strong in its core category

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