Earn Profit & 5X: Office Depot/Officemax Instant Rebate Amex Gift Card Deal

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office depot amex gift cards

Office Depot/Officemax Amex Gift Card Instant Rebate

I love when office supply stores have deals on gift cards. We haven’t seen a deal from Office Depot or Officemax for awhile, however Staples deals have been fairly frequent. The nice thing about Office Depot and Officemax is their rebates are instant and you don’t have to wait to get your money. Let’s look at this coming week’s Amex gift card deal.

The Deal

  • Save $10 When you buy $150 or more in American Express® Gift Cards.

Key Terms

  • Offer valid 6/19/16 to 6/25/16.
  • Limit 2 offers per household/business.

Maximizing the Deal

office depot amex gift cards

This deal is best maximized by using a card that earns 5X at office supply stores like the Chase Ink Plusor Chase Ink Cash. You can also use an Amex SimplyCash Plus which earns 5% cashback at office supply stores.

Using the Chase Ink, the optimal strategy is to purchase 2 of the $200 cards which cost $206.95 each. Here is the math:

  • Cost: $413.90
  • Instant Savings: $20
  • Final Cost: -$6.10
  • UR Points Earned: 2,070

Need to Know

  • Amex gift cards are not PIN-enabled and cannot be loaded to prepaid cards such as Bluebird/Serve.
  • You can use Amex gift cards to buy merchandise anywhere Amex is accepted and some stores will allow you to buy other gift cards with them.
  • Some stores will allow you to purchase more than 2 if you have separate businesses, however the discount may be limited to two per transaction.

Conclusion

This deal isn’t as good as Visa or Mastercard gift card deals since those cards are easier to dispose of, but this is still a negative cost way to earn a few bucks plus 5X Ultimate Rewards if you have a Chase Ink. For many, using the Amex gift cards for normal spend may be a good move considering the profit and 5X.

HT: Doctor of Credit


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9 COMMENTS

  1. Any of the OD/OM in Vegas (near the Strip preferably) allow you to purchase these GCs w/ a CC? Will be in town tomorrow and don’t mind grabbing a few GCs while I’m there.

  2. I used my wife’s Chase Ink today with no problem at the Office Depot in my area. I did one $200 GC per transaction for a total of two transactions. Plenty on the rack and may go back tomorrow. Let’s hope Staples answers next week with a free money VGC deal and NOT another AmEx deal.

  3. Just another data point. I bought one $200 gift card in one transaction and received the instant $10 rebate. Immediately following that, I bought two $200 gift cards in another transaction and received $20 off ($10 for each card). So, based on that, is the limit 2 per transaction?

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