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Staples Visa & Mastercard Gift Card Rebate Deal
Staples will have negative cost Visa and Mastercard gift card deal coming next week. On top of that you can also generate 5X UR points as well. Let’s take a look!
- Get a $15 Staples prepaid card by mail with your Visa or MasterCard gift card purchase of $300 or more.
See upcoming weekly ad.
- Deal valid from 10/22/17–10/28/17.
- In-store only.
- Limit 1 rebate per name/address/household.
Maximizing the Deal
This deal is usually best maximized by using a card that earns 5X at office supply stores like the Chase Ink Plus or Chase Ink Cash. You can also use an Amex SimplyCash Plus which earns 5% cashback at office supply stores.
Using the Chase Ink, the optimal strategy is to purchase 2 of the $200 cards which cost $206.95 each. Here is the math:
- Cost: $413.90
- Minus Rebate: $15
- Final Cost: -$1.10
- UR Points Earned: 2,070
You could also purchase a $200 card and a $100 card, but the savings of $1 on fees doesn’t justify the loss of 500 Ultimate Rewards points on the extra $100 in spend.
This is not the best offer from Staples since the rebate comes in the form of a Staples gift card, but these are still nice deals if you have a Staples nearby. Stock tends to run out quickly, especially for the $200 Visa GC denominations, so I wouldn’t go far out of the way to get the cards later in the week. This is a way to pickup a chunk of points and a few dollars too, especially now that a few other 5X avenues were shut down.
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.