Staples Negative Cost Visa Gift Card Deal Returns – I Love Free Money & Points!

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staples visa gift card deal june 2015

Staples Visa Gift Card Deal June 2015

Staples has been holding negative cost Visa gift card deals pretty much monthly this year and June isn’t going to disappoint. This time they are bringing back the exact same deal we saw about a month ago.

The Deal:

Purchase $300 or more in Visa gift cards and earn a $20 prepaid Visa via Easy Rebate.

Key Terms

  • In store only.
  • Offer is good from Sunday 6/21/15 through Saturday 6/27/15.
  • Limit of one rebate per household.

How to Maximize

In my opinion, the best way to maximize this deal is to use a Chase Ink card and earn 5X Ultimate Rewards points. For those with an Amex SimplyCash, you can earn 5% back in cash. Either way, the best strategy is to purchase 2 x $200 Visa cards for $206.95 each. With a Chase Ink card the math works out like this:

  • Cost: $413.90
  • Minus Rebate: $20
  • Final Cost: -$6.10
  • UR Points Earned: 2,070

The rebate comes in the form of a prepaid Visa gift card. Luckily I found a really simple and cool way of quickly liquidating them.

Purple Cards

The old yellow packaging on the left and the new purple packaging on the right.
The old yellow packaging on the left and the new purple packaging on the right.

Staples has started to replace the $200 Metabank cards that come in a yellow package with new purple cards. All reports are that these new purple packaged cards work exactly the same when loading to Bluebird/Serve/REDcard. As always with Metabank issued cards, the last four digits of the card number is the pin.

Related: How To Liquidate Prepaid Visa & Mastercard Gift Cards

For even more info, you can find a complete guide to Staples Visa & Mastercard deals that I helped to create over at Frequent Miler.

Conclusion

I am glad that Staples continues to have these deals with regularity. While I still prefer the Office Depot/Officemax instant rebate deals, I am always willing to stock up on these cards along with the Ultimate Rewards points that they bring! If only my closest Staples would reorder $200 cards. I think I will be driving across town on Sunday morning to take advantage.


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14 COMMENTS

  1. How long does it usually take to get the $20 rebate?
    I did this deal last month and submitted the easy rebate form and am still waiting on the $20 card to show up

  2. I’ve walked into my local Office Depot in Southern California yesterday and saw that they are running a promo: Buy $150+ of Amex cards and get $10 off. Cards excluded were Amex variable load and $200 Amex Cards. Promo dates on the sign were 6/14 to 6/20 (or something like that). The store only had $200 Amex cards, so I couldn’t take advantage of the deal. I didn’t see this offer advertised in Office Depot Flyer.

  3. Free Money Indeed!

    A question:
    Do you have any sense how strict they are with the “one household” limit?
    Couldn’t one use one cc and adddress for two visa gc, and then one’s wife’s cc and a business address for two others?

    Thanks.

    • I use the same cc, but different addresses, such as my parents’ and In-laws’. I make sure I don’t use my Staples rewards number in-store or on the rebate site.

      • Do you not use your S-Rewards, even for one purchase?
        (Come to think of it, if one did, does one even earn rewards on GC purchases?)

        Wow, I would have thought Staples might track cc numbers to make sure that a second rebate wouldn’t go through. You’ve done this successfully a couple times then? Thanks.

        • A cashier gave me the idea. She said she didn’t think it would count for rewards. I honestly don’t think the two systems (rewards & easy rebates) are connected anyway.

        • You don’t earn Rewards on gift card purchases, so I always leave my number off as well. Like Debra said the systems are not really linked, but there really is no benefit in using your Rewards number and they may link them in the future.

  4. I am wondering if those purple cards explain why I didn’t get the instant rebate offer today when I purchase four of the “yellow” cards. (didn’t see the purple packaging here) They may work the same…. but do they have different sku’s? (and thus not acting the same for rebate purposes?)

    • It’s not instant. It’s an Easy Rebate for a $20 Visa prepaid card, which is not as good as instant, but definitely better than the $20 Staples gift cards!

      • I was not clear enough, Debra. What has always been “instant” before was the “receipt” of a rebate form, as part of the check out process. I didn’t get one yesterday. I have the regular receipt, but no indicating of the rebate. (and yes, have earned the visa gift cards many a time in the past, so I DO know how this is supposed to work) Something went wrong yesterday. Curious to learn if anybody else hit the same problem.

  5. Shawn, to maximize this offer, do you fill out rebates with different addresses? As someone asked above, do u know how strict they are with one per household rule?

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