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Office Depot Pulls Mastercard Deal Mostly
All this week Office Depot/Officemax has been selling Mastercard gift cards at below cost. Any time someone will sell you a cash equivalent at below face value it’s time to pay attention. And indeed some people did.
Unfortunately yesterday some problems began to popup. Some members of our Facebook group reported that there were issues with some of the variable load Mastercard gift cards actually activating at the register. Then, sometime late in the afternoon, Office Depot seemingly shut down the promotion altogether.
Thankfully that isn’t quite true. I have seen some reports from DoC and a few other people that the deal is still working in a limited way. I wouldn’t hold my breath that this will continue to be true. Here is what others have told me:
- Single fixed value $200 cards appear to get the $15 discount for a $8.05 profit per transaction
- Variable load cards do not get the discount
Given the overall difficulty of liquidating these cards I suspect this won’t be as popular for many of you, but it’s seemingly still alive. For more information on the original deal along with liquidation and earning options, see the original post.
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.