Office Depot Mastercard Gift Card Deal
I love the no fee office store gift card sales, but I love the negative cost ones even more. Today is the last chance to take advantage of the current negative cost offer. Rack up those Ultimate Rewards points!
Update: This offer is available again this week, from September 24, through September 30, 2023 (HT: Travel-on-Points). There is also a Chase Offer that can get you 10% back, up to a maximum of $11.
- Save $15 instantly when you buy $300 or more in Mastercard Gift Cards.
Here are the deal terms as seen on the in-store sign explaining the promotion:
- Limit one (1) offer per customer
- Discount applied at register
- While supplies last
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 a Mastercard Visa gift card with a $6.95 fee. Some stores have specialty cards which may work at a lower cost. We’ll base our math on the most expensive cards, but if you are comfortable and know they work for you then go for it.
Here is how the math works out on the purchase of 2 X $200 Mastercard gift card from Office Depot with this unadvertised promotion:
- Cost of card: $413.90
- Minus instant rebate: -$15
- Final cost: $398.90
- Profit: $1.10
How to Earn 5X/Maximize
It is best to pay with a card that earns 5X at office supply stores such as a Chase Ink Cash. For example, a Chase Ink Cash card would earn 1985 Ultimate Rewards points on the purchase. Deals like these can also be useful if you are working towards minimum spend on new card offers too.
Mastercard gift card deals are not as good as Visa deals since they’re a hassle to liquidate. For more detailed information on liquidating these cards, see: How To Liquidate Prepaid Visa & Mastercard Gift Cards
These deals are a great way rack up lots of points and keep a little bit of money in your pocket. Happy 5Xing.
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