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Staples Visa Gift Card Rebate Deal
Staples has been pretty generous with rebate deals for the purchase of Visa and Mastercard gift cards over the past couple of months. They seemingly have had a deal every 2-3 weeks. Thankfully this week is one of them.
Beginning on Sunday 1/4/2015, they are offering a $20 prepaid Visa card by rebate when you purchase $300 or more in Visa gift cards. This seems to be their pretty standard offer lately.
How to Maximize
To maximize, it is best to use a card like the Chase Ink which earns 5x points at Staples. Chase Ink cards used to be eligible for an additional 1% off with Visa Savings Edge, however that offer expired yesterday, meaning the math has changed a bit.
Scenario 1: Buy 2 x $200 gift cards
- Cost: $206.95 x 2 = $413.90
- Minus rebate: -$20
- Total Cost: $393.90
- Profit: $6.10 plus 2,070 Ultimate Rewards points with Chase Ink (Or whatever rewards you get for the card used.)
Scenario 2: Buy 1 x $200 gift card & 1 x $100 gift card
- Cost: $206.95 + $105.95 = $312.90
- Minus rebate: -$20
- Total Cost: $292.90
- Profit: $7.10 plus 1,565 Ultimate Rewards points with Chase Ink (Or whatever rewards you get for the card used.)
If they are available, I always think it is better to buy 2 of the $200 cards since that extra $1 in fees gets you an additional 505 Ultimate Rewards points. Either way, you can make a small profit and earn some valuable points.
- In store only.
- Limit 1 rebate per household.
- Valid 1/4/15–1/10/15
Some people have been able to get more than one rebate before by using an alternative address and email address. Of course that is YMMV.
This is yet another deal where you can generate very valuable points while making a small profit. The Visa gift cards sold at Staples can easily be liquidated or used for a variety of other things since they are pin-enabled. I know I will be maximizing this offer. Will you?