Instant Visa Gift Card Discount at Office Depot, Starting on 11/18!

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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. You can get an instant discount and net plenty of credit card rewards. 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 11/18/18 through 11/24/18
  • 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 2,020 Ultimate Rewards pointsAlternatively, an Amex SimplyCash Plus which earns 5% cashback at office supply stores would earn you $20.20 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.

HT: Frequent Miler


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5 COMMENTS

  1. I wonder if this will still work with the Grocery Everywhere VGC’s, like it has in the past. I believe those are $4.95 each. They can be liquidated at grocery stores that allow money orders to be purchased with debit. I’ll post DP’s here.

  2. Best to buy the Visa everywhere cards with $2 less on fees on variables making a dime profit for every 2 $200 cards purchased, not counting the CC reward. However, it is best to warn people that NOT ALL everywhere cards can be liquidated at WMs. Make sure to do a trial run with each of the grocery, dining and style varieties to find out which one works so you’re not stucked with these that can’t be liquidated easily at other stores.

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