Free Money & 5X at Staples: New $20 Rebate on Visa Gift Cards Next Week!

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Staples Visa Gift Cards

Staples Visa Gift Card Rebate Deal

Staples will have negative cost Visa gift card deal coming next week. This $20 rebate is the best of this kind from Staples and you can generate 5X points as well. Let’s take a look!

The Deal

  • Get a $20 Visa prepaid card by mail with your Visa gift card purchase of $300 or more.

Key Terms

  • Deal valid from 8/6/17 through 8/12/17
  • In-store only.
  • Limit 1 rebate per name/address/household.

Maximizing the Deal

staples visa rebate

This deal is usually best maximized by using a card that earns 5X at office supply stores like the Chase Ink Plus or 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
  • Minus Rebate: $20
  • Final Cost: -$6.10
  • UR Points Earned: 2,070

You could also purchase a $200 card and a $100 card, but the savings of $1 on fees doesn’t justify the loss of 500 Ultimate Rewards points on the extra $100 in spend.

 

Liquidating Visa Rebate Card

The rebate will come in the form of a Visa gift card that IS pin-enabled. The PIN number is the last four digits of the card number. You can utilize my previous liquidation strategy or simply use it for normal spend.

Conclusion

This is the best offer of this kind at Staples. These deals are nice if you have a Staples nearby. Stock tends to run out quickly, especially for the $200 denominations, so I wouldn’t go far out of the way to get the cards later in the week. While this deal won’t make your Ultimate Rewards balance swell too much, it is a way to pickup a chunk of points and a few dollars too. If you have some friends, parents or neighbors that won’t mind you using their address, you can get some extra rebates.


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5 COMMENTS

  1. I always do these credit card deals but today it was even better. Uber recently came out with a cashback promotion for restaurants and I registered my card. As soon as I made my purchase at Staples I received a notification on my phone that I earned $20 in Uber credits. I guess Staples is a partner for 5% back? Pretty stoked on this free money that I didn’t know I was getting!

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