Instant Visa Gift Card Discount at Office Depot This Week!

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visa gift card deal office depot

Office Depot Visa Gift Card Deal

Office Depot/Officemax has a new promotion on Visa gift cards. This one is not advertised on their weekly ad but you should see the sign in-store. Let’s take a look at the details.

The Offer

  • Buy $300 or more in select Visa Gift Cards, save $10 instantly.

Key Terms

  • Limit one (1) offer per customer.
  • Discount applied at register.
  • Offer valid 10/21/18 through 10/27/18
  • Offer valid in store on Visa® gift cards only.

While the limit of 1 is probably hard-coded into the register, some stores will allow you to do multiple transactions. This varies from store to store and even sometimes from cashier to cashier!

The Math

You can purchase $200 Visa gift cards with a $6.95 fee.

Generally the best option is to purchase 2 of the $200 Visa gift cards. When doing so, the math works out like this:

  • Cost of cards: $413.90
  • Minus instant rebate: -$10
  • Final cost: $403.90
  • Profit/Cost: $3.90

Maximize

It is best to pay with a card that earns 5X at office supply stores such as a Chase Ink Cash/Plus. For example, a Chase Ink card would earn 1,995 Ultimate Rewards pointsAlternatively, an Amex SimplyCash Plus which earns 5% cashback at office supply stores would earn you $19.95 cashback. But might be best to steer clear of gift card purchases with Amex cards.

Liquidating

Normal Visa gift cards sold by Officemax/Office Depot are issued by Metabank and are pin-enabled. These cards should work fine to load Serve at Walmart and work many other places. For more detailed information on liquidating these cards, see: How To Liquidate Prepaid Visa & Mastercard Gift Cards

Conclusion

This new deal is not as good as previous ones where they gave out $15 discounts. But it is still a good way to buy very cheap Chase Ultimate Rewards, or make a profit.

HT: Doctor of Credit


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4 COMMENTS

    • Ryan he put a negative sign in front of it – it is just a template that is used. You are paying $3.90 to purchase the cards and earn UR points etc.

      I changed it to Profit/Loss so it is a little more clear though – thanks

  1. For those whose stores have the Visa everywhere cards: Grocery, Dining, Style these cards drain at MOST WMsupercenters and Neighborhood Market. Make sure to do a trial run if your WM will drain them to MOs and/or prepaid reloads. The fee for everywhere cards are $4.95 so your total will be $399.90 for every 2 cards, therefore negative cost with a dime profit.

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