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Staples Visa/Mastercard Gift Card Deal
Staples is bring back another negative cost gift card deal. This time they are offering a $20 Staples gift card via rebate with the purchase of $300 or more in Visa or Mastercard gift cards.
- In store only.
- Good from Sunday 4/19/15 through Saturday 4/25/15.
- Limit of one rebate per household.
How to Maximize
This deal is best maximized by using a card that earns 5x at office supply stores like the Chase Ink cards. Using the Chase Ink, the optimal strategy is to purchase 2 of the $200 cards. Here is the math:
- Cost: $413.90
- Minus Rebate: $20
- Final Cost: -$6.10
- UR Points Earned: 2,070
Liquidate the Rebate Gift Card
Since this rebate comes in the form of a Staples gift card it is less than ideal. You can of course use the gift card to purchase items at Staples or a number of gift card resellers will buy it for 86% or $17.20 still leaving you a profit.
I am glad that Staples continues to have these deals with regularity. While they aren’t the biggest score out there (I would say the Smart & Final deal is), they do provide a fee-free way to generate valuable points with little hassle.