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Maximizing the Staples Amex Offer
There are so many Amex Offers right now my head is spinning. While I plan to share how I maximizing each of the major offers in a separate post, I thought I would share now how I plan to maximize the Staples Amex Offer.
As a reminder here is the offer:
Get a one-time $20 statement credit by using your connected Card to spend a minimum of $100+ in one or more transactions at Staples.com by 12/31/16.
This offer is no longer available to be loaded, but hopefully you saw my post about it back in November and loaded the offer to as many cards as possible.
Maximizing the Offer
Staples sells a wide variety of gift card including Visa gift cards, but fees can quickly eat into your profit. Thankfully Staples is offering 15% off iTunes gift cards. Depending on your bulk relationships, these cards should be breakeven if you sell them.
My plan is to purchase 1 X $50 card and 1 X $100 card in the same transaction with each card linked to the offer. Since the total will be $127.50 I will trigger the Amex Offer. I should be able to sell the cards at cost (or maybe slightly better) and keep the $20 credit. I’ll also get to keep the rewards earned on that spend as well.
For me this is a quick and somewhat easy way to max out this particular Amex Offer as the expiration date comes closer. Do you have a better way of maximizing the Staples Amex Offer? Let us know in the comments!
Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.