Another Moneymaker – Staples Rebate on the Purchase of Visa Gift Cards – Find Out How to Maximize & Liquidate!

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Staples Visa Gift Card Rebate Deal

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

Staples Visa Gift Card Rebate Deal

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.

Offer Terms

Staples Visa Gift Card Rebate Deal

  • 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.

Conclusion

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?


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16 COMMENTS

  1. Do you know if there is a limit to the number of gift cards I can request per visit? I have permission to use my mother and my mother-in-law’s address for mailing purposes. If it’s only active for a week, I’d need to do this in one transaction to make this worth my time and profitable.

    Thus, I wanted to go to Staples and purchase a total of $1,200 with my Chase Ink. Specifically:

    Transaction #1: $200 x 2
    Transaction #2: $200 x 2
    Transaction #3 $200 x 2

    The manager here is really friendly, and I’ve done $800 before, split $400 each, but the girl who I initially tried to buy from (who called the manager out) immediately quipped that I exceeded the limit of vgc’s (didn’t tell me a number). I replied “I’ve purchased $600 before in one transaction,” which is true.

    Just wasn’t sure if there is a Staples policy or if it’s just a grey area (beyond the fact it’s grey because they assume – and rightfully so – that this is a fraudulent transaction and to protect their butts).

      • Thanks for the info! I’ll post my results here, if nothing else for a data point for others to see if they Google the topic.

  2. I purchased two $200 debit cards and Staples knew nothing of their rebate program. They said that maybe the rebate form is online, and I have my purchase receipts. Anyone else have an idea about what to do about this?

  3. Scenario 3: Buy 2 x $200 gift card & 1 x $100 gift card
    •Cost: $413.90 + $105.95 = $519.85
    •Minus rebate: -$20
    •Total Cost: $499.85
    •Profit: $0.15 plus 2,599 Ultimate Rewards points with Chase Ink (Or whatever rewards you get for the card used.)

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