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Office Depot Visa Gift Card Rebate
Office Depot and Officemax have a new Visa gift card deal starting Sunday, November 19th. This is one of the best deals they offer. Let’s take a look at the details.
- Save $15 instantly when you buy $300 of Visa® gift cards.
- Limit one (1) offer per customer.
- Discount applied at register.
- Offer Valid 11/19/17 to 11/25/17.
- Offer valid in store on Visa® Gift Cards only.
- Visa Gift Card is issued by Metabank.
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: $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 besides the $1.10 profit. Alternatively, an Amex SimplyCash Plus which earns 5% cashback at office supply stores would earn you $19.95 cashback, or a $21.05 profit total.
You can get another $4 through their rewards program which gives you 2% back, but it’s capped at $200 per quarter.
Visa gift cards sold by Officemax/Office Depot are issued by Metabank and are pin-enabled. Thankfully they are generally easier to liquidate than Mastercard gift cards. These cards should work fine to load Bluebird/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 is a great deal to add more Ultimate Rewards points to your balance, especially now that some major online gift card opportunities have dried up. Set e reminder for the 19th. Hopefully you’re able to get the instant discount multiple times at your location.
HT: Doctor of Credit
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