Disclosure: 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. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Links in this post may provide us with a commission.
Office Depot Visa Gift Card Deal
Office Depot/Officemax has a new promotion on Visa gift cards which is being advertised in stores. You can get an instant discount and net plenty of credit card rewards. Let’s take a look at the details.
- Buy $300 or more in select Visa Gift Cards, save $15 instantly.
- Limit one (1) offer per customer.
- Discount applied at register.
- Offer valid 12/16/18 through 12/22/18
- 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!
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: -$15
- Final cost: $398.90
- Profit/Cost: $1.10
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 points. Alternatively, an American Express 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.
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
The best deal we see from Office Depot. You get a $15 instant discount, which already takes care of the activation fees and gives you a $1 profit. Then you get your credit card rewards. A good way to buy very cheap Chase Ultimate Rewards.
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.