Free Money & 5X at Staples: $20 Rebate on Visa Gift Cards Next Week!

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Staples Visa Gift Cards

Staples Visa Gift Card Rebate Deal

Staples will have the first negative cost Visa gift card deal of the year coming next week. This $20 rebate is the best of this kind from Staples and you can generate 5X points as well. Let’s take a look!

The Deal

  • Get a $20 Visa prepaid card by mail with your Visa gift card purchase of $300 or more.

Key Terms

  • Deal valid from 1/14/18 through 1/20/18
  • In-store only.
  • Limit 1 rebate per name/address/household.

Maximizing the Deal

staples visa rebate

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: $20
  • Final Cost: -$6.10
  • 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.

 

Liquidating Visa Rebate Card

The rebate will come in the form of a Visa gift card that IS pin-enabled. The PIN number is the last four digits of the card number. You can utilize my previous liquidation strategy or simply use it for normal spend.

Conclusion

These deals are nice if you have a Staples nearby, and it’s surprising that they have another deal so soon, since the same deal just ended last week. Stock tends to run out quickly through, especially for the $200 denominations,so I wouldn’t go far out of the way to get the cards. While this deal won’t make your Ultimate Rewards balance swell too much, it is a way to pickup a chunk of points and a few dollars too. If you have some friends, parents or neighbors that won’t mind you using their address, you can get some extra rebates.


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5 COMMENTS

    • He means you are getting the $400 for $6.10 less than $400 with the gift card bonus. Most people will cash out the gift cards for money orders and pocket the profit and points.

      Hope that helps.

  1. I think the $20 rebate as Visa GC is limited to in-store purchases, and the AMEX Offer is limited to staples.com purchases. So the two promotions cannot be stacked, although they can be used in parallel.

  2. In think we all could do even better if we use the Chase Pay app and get 10x during the current promotion = equaling more points

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