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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.
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.