Office Depot Mastercard Gift Card Rebate
Office Depot and Officemax have a new Mastercard gift card deal starting Sunday, April 1st. Let’s take a look at the details.
- Save $10 instantly when you buy $300 of Mastercard gift cards.
- Limit one (1) offer per customer.
- Discount applied at register.
- Offer valid 4/1/18 through 4/7/18.
- Offer valid in store on Mastercard Gift Cards only.
While the limit of 1 is probably 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!
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: -$10
- Final cost: $403.90
- Loss: $3.90
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 2,019 Ultimate Rewards points. Alternatively, an Amex SimplyCash Plus which earns 5% cashback at office supply stores would earn you $20.19 cashback. But might be best to steer clear of gift card purchases with Amex cards.
Mastercard gift card deals are not as good as Visa deals since they’re a hassle to liquidate. For more detailed information on liquidating these cards, see: How To Liquidate Prepaid Visa & Mastercard Gift Cards
This is not the best deal since the instant discount is only $10 and it only applies to Mastercard gift cards. However, we haven’t seen these deals in a while and with many other 5X opportunities drying up, it could be useful to add some Ultimate Rewards to your accounts.
HT: Doctor of Credit