Staples Mastercard Instant Discount Better
This week Staples is running an instant discount promotion on Mastercard gift cards. As mentioned in our previous article the stated limit is 1 discount per person, but apparently the deal is a little better than that. According to a member of the Miles to Memories Facebook Community, the discount works multiple times on the same transaction.
This member tried to purchase 2 X $200 Mastercard gift cards. The normal price of each of these cards is $206.95 however they both received a $5 discount and rang up at $201.95 each. This indicates that the price of the cards has been lowered in Staples system whether you purchase 1 or 9.
Need to Know
This deal seems to be working the same way the no-fee Visa and Mastercard promotions worked. I believe Staples corporate policy limits you to $2,000 in gift cards (including fees), thus meaning if the store allows it you could potentially purchase 9 X $200 cards in one transaction. I have done this before with Visa gift card deals, but some stores have lower limits.
While I still prefer Visas to Mastercards for a variety of reasons, this is a great deal if you have the bandwidth and a card that earns 5X at Staples. For more details including how to maximize this deal and liquidate the cards, see my original post.