Office Depot Visa Gift Card Deal
Office Depot/Officemax has a new promotion on Visa gift cards. It’s been a while since their last deal, so this is a welcomed sight. Let’s take a look at the details.
- Buy $300 or more in select Visa Gift Cards, save $10 instantly.
- Limit one (1) offer per customer.
- Discount applied at register.
- Offer valid 7/29/18 through 8/4/18
- 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: -$10
- Final cost: $403.90
- Profit: $-3.90
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 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.
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
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