Unadvertised Deal: Make A Profit & 5X on Mastercard Gift Cards at Office Depot!

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Office Depot Mastercard Gift Card Deal

Office Depot/Officemax has a new unadvertised promotion on Mastercard gift cards that I stumbled on. I love it when they try to keep these things secret from us. 😉 Let’s take a look.

The Offer

  • Buy $300 or more in Mastercard gift cards, save $15 instantly.

Key Terms

  • Limit one (1) offer per household/business.
  • Discount applied at register.
  • Offer valid through 8/25/18

While the limit of 1 is some times hard-coded into the register, some stores will allow you to do multiple transactions. This varies from store to store and even sometimes from cashier to cashier!

The Math

You can purchase $200 Mastercard gift cards with a $6.95 fee.

Generally the best option is to purchase 2 of the $200 Mastercard gift cards. When doing so, the math works out like this:

  • Cost of cards: $413.90
  • Minus instant rebate: -$15
  • Final cost: $398.90
  • Profit: $+1.10

Maximize

It is best to pay with a card that earns 5X at office supply stores such as a Chase Ink Cash/Plus. For example, a Chase Ink card would earn 1,995 Ultimate Rewards pointsAlternatively, an Amex SimplyCash Plus which earns 5% cashback at office supply stores would earn you $19.95 cashback. But might be best to steer clear of gift card purchases with Amex cards.

Spending the Mastercards

These Mastercards are PIN-enabled and should work anywhere Mastercard is accepted. I know people have had issues with these coding as debit cards at Walmart, but they do work at some places and can be run as credit if you are just using them to buy normal products.

For more info, see: How To Liquidate Prepaid Visa & Mastercard Gift Cards

Staples Deal

If you like Mastercard gift cards, check out today’s Staples deal as well. Right now you can purchase 3X $100 Mastercards with $0 fee online. This will earn 5X on the Chase Ink Cash/Plus as well! Details here.

Conclusion

This new deal has a bigger discount than the recent $10 Visa gift card promotion, however these cards can be harder to spend down. Still, if you have the bandwidth and an ability to spend these cards, this is a great option to rack up a small profit and some points!


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6 COMMENTS

  1. ‍♂️‍♂️‍♂️ But I have a feeling my local OFM doesn’t have MasterCards

  2. My go to place to liquidate doesn’t accept these at all at any of their locations. Plus, with all the fraud recently reported of cards drained before the real buyer can use them (within the same day) is scary. Why are these more prone to attack than VGC? I heard it’s MC’s stupid numbering system that makes it too easy, but maybe it’s something else from the inside? Any ideas?

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