Free Points & Profit at Officemax & Office Depot
After being dormant for a while, Office Depot and OfficeMax are back with another great money making offer. This follows a similar offer a follows a very similar deal last month for MasterCard gift cards.
- Save $15 instantly when you buy $300 or more in Visa gift cards.
- In-store only.
- Limit two offers per household/business.
- Discount is taken at the register.
- Valid 10/09/16-10/15/16
The max denomination you can purchase of Visa gift cards at Office Depot and OfficeMax is $200 for a fee of $6.95.
With a limit of 2, the best option is to purchase 3 of the $200 Visa gift cards. The math works out like this:
- Cost of cards: $620.85
- Minus instant rebate: -$30
- Final cost: $590.85
- Profit: $9.15
It is best to pay with a card that earns 5X at office supply stores such as a Chase Ink. For example, a Chase Ink card would also earn 2,954 Ultimate Rewards points. Alternatively, an Amex SimplyCash Plus which earns 5% cashback at office supply stores would put an additional $29.54 in your pocket.
There is a limit of 2 discounts per transaction and this is generally enforced. In the past sometimes the register has taken off more than two discounts if you purchase more cards, however those glitches are fixed quickly. It may also be possible to ask the cashier to ring you up in multiple transactions. Some stores are stricter than others. In other words, there is a limit, but it isn’t always enforced, but sometimes it is.
Visa gift cards sold by Officemax/Office Depot are issued by Metabank and are pin-enabled. These cards should work fine to load Bluebird/Serve at Walmart. They also generally work for money orders if that is your thing. For more detailed information on liquidating these cards, see: How To Liquidate Prepaid Visa & Mastercard Gift Cards
This is yet another very good deal. I would expect the stock of cards to go quickly at some stores. Since this deal has already started, it is probably best to get to your local store sooner rather than later. Happy 5Xing.