Your Credit Cards, Cheaper
Save thousands on interest, in cash and stocks*
Hassle Free Bill Pay
One bill for all credit cards, flexible due date
Security-first with
Get a $60 credit to your account
We pay your card bills with our money. You reimburse us when it works for you from any of your accounts. No late fees. No overdraft fees. No interest on up to $500!**
One Bill.
No Fees. 0% APR.
Set autopay above minimum payments. See how much you save on interest with accelerated payoff.
Auto Payoff.
Auto offload balances from your cards to us to protect your score if card utilization goes up. No interest charged on up to $500 offloads! **†
Credit Score
We love
when you stay on track!
Get cash rewards for paying off
on interest
Automatically lower APR on your rolling balances. Keep using your cards.*
Easily build assets. It's the best way to stop rolling balances for good.
Auto invest
the cash
you save
Use Placid for 3 Months.
Let the Magic Begin.
We notify you on all bill payments we schedule and execute. Choose an account to pay us back to have everything on autopilot. We guarantee you'll never hit a late payment or an overdraft fee.
your cards

auto paid

in 3 minutes
How it Works
Download the app, securely connect your cards through Plaid and get a 0% APR credit line ready to pay your card bills. We check the eligibility with a soft credit pull that doesn't affect your credit score.
and adjust
your progress
Choose how much to pay above minimum payments and track your accelerated payoff and interest savings. Enable automated low APR balance transfers and watch you investments grow without you spending more.
Is Placid a bank?
No, Placid is a technology company and a money lender. We provide our customers with tools and capital to make credit cards cheaper and more convenient.

Placid is run by a team of veterans from global banks like Citi and world class software engineers. We are on a mission to help people leverage debt to become better off financially.
How does Placid make money?
We charge a $4.99 monthly subscription fee.

We also charge a low interest rate on large balances transferred to us from your cards. We only transfer expensive balances, so that our users always save money.**
Is using Placid safe?
We meet the highest security and privacy standards of the banking industry. We use the strongest encryption and anonymize data whenever possible.
Does Placid affect my credit score?
In most cases, Placid improves your credit score. We prevent late payments and reduce the amount of debt on your cards, which has a great positive effect on the score. You can improve the score further by paying on time to Placid.

We don't charge any fees If you're late with payments to Placid, but your credit score will be negatively affected.
Who is Placid good for?
If you actively use multiple credit cards or roll credit card balance, Placid is for you. Placid is great at making your credit cards hassle-free and cheaper.
What are the requirements to use Placid?
No minimum credit score or card balance is required, but we run a soft credit check to verify you're in good standing and open a credit line for you when you start using our bill pay features.

Features like cash rewards, lower card APRs and auto investing are only available to customers who have at least 3 months of history with us.
Why should I invest the money I save on interest?
Card debt tends to come back even after a full payoff. Credit cards is a lucrative business for banks for a reason.

Sufficient savings and investments lower the chances of getting into debt again. They improve financial stability and reduce the stress of debt. But they also take time and resources to build.

Placid helps build your investments without any extra spending or changes to how spend and use your cards. We make balancing between payoff and savings easy and help you seamlessly build wealth over time with regular investments.
Free subscription worth $60
Early Access
Join Placid Private Beta
Are you a NY or FL resident?
Do you roll card balances?
Are you a freelancer?
I agree that Placid will inform me by e-mail about financial products and services. My data will be used exclusively for this purpose.
* Actual savings depend on user's card APRs. Placid credit line APR (which is the same as interest rate) for balance transfers is 12%.
If user's APR is 22%, total balance is $7,000 and monthly payments are $187, the user would save $2,251 using Placid credit line with 12% APR.

** 0% APR is applied to up to $500, used for paying monthly payments or reducing card utilizations, for up to 30 days. Larger credit amounts and rolling payoff terms require additional user qualification

† Credit score stability/improvement is not guaranteed. Credit scores are independently determined by credit bureaus, and on-time payment history is only one of many factors that such bureaus consider. Your credit score may be negatively impacted by other financial decisions you make, or by activities or services you engage in with other financial services organizations.

Placid Inc.
+1 332 228 0020
160 East 65th street, New York, NY, US, 10065

Copyright 2021. All rights reserved.