Free Money & Points at Officemax!
Officemax currently has an unadvertised deal for $15 off $300 or more in Mastercard gift cards. The deal began yesterday and runs through 8/8/15. While it isn’t advertised in their circular, I was able to find a sign in my local Officemax store advertising the special.
Save $15 instantly off $300 or more in Mastercard gift cards with a limit of 1 per household/business.
Since Office Depot doesn’t sell Mastercards, this deal appears to be available only at Officemax. I was able to go to my local store and confirm that the discount is taken off instantly. I purchashed 2 x $200 cards and the total came to $398.90.
If you find a friendly cashier you should be able to do multiple transactions as long as they allow it. I didn’t try purchasing more than $400 in one transaction to see if more than one discount applied, since the published limit is 1.
Which Cards to Use
Obviously the best cards to use for a deal like this are the Chase Ink cards since they earn 5X Ultimate Rewards points at Officemax. Purchasing $400 in Mastercard gift cards will generate $1.10 in profit plus 1,995 Ultimate Rewards points. The Amex SimplyCash also earns 5% at office supply stores if you have one.
Amex Offer & Splitting Payments
If you were lucky enough to get in on the recent Officemax Amex Offer, you may be able to split payment across multiple Amex cards, however I have had mixed success with this. Today at my local Officemax the split tender failed multiple times, so I just ended up paying with my Ink card.
I have had this happen before at other stores, however I have also had success at Office Depot in the past. I am not saying it is impossible, but just be prepared for the possibility that you may not be able to.
Finding Cards in Stock & Liquidating
This deal is just now breaking publicly, so you may have luck finding cards in stock if you head out today. Usually as these deals go on the cards disappear quickly. Don’t expect $200 cards to stick around for more than a day or two in most locations.
These cards are issued by US Bank and can easily be liquidated to REDbird at Target or Bluebird/Serve at a Walmart kiosk. If you liquidate at a Walmart register, you must quickly hit the change tender button which is a bit complicated. The pin number should be in the package.
One of the reasons I don’t pay full price for Visa gift cards at Staples is because I try to fully take advantage of deals like these ones. While this isn’t as profitable as the deal earlier this year on Visas, it is better than the Staples rebates and provides a relatively easy way to generate points at a negative cost. Happy shopping!