(Final Day!) Profitable Office Depot Mastercard Gift Card Deal

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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!

The Offer

  • Save $15 instantly when you buy $300 or more in Mastercard Gift Cards

Key Terms

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
  • Offer valid 9/20/20 – 9/26/20
  • 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!

The Math

You can purchase a Mastercard Visa gift card with a $5.95 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: $411.90
  • Minus instant rebate: -$15
  • Final cost: $396.90
  • Profit: $3.10

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 purchaseDeals like these can also be useful if you are working towards minimum spend on new card offers too.

Liquidating

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

Conclusion

These deals are a great way rack up lots of points and keep a little bit of money in your pocket. Happy 5Xing.

Mark Ostermann
Mark Ostermann is a father, husband and miles/points fanatic. He left the corporate world after starting a family in order to be a stay at home dad. Mark is constantly looking at ways to save money and stay within budget while also taking awesome vacations with his family. When he isn't caring for his family or taking a weekend trip, Mark is working towards his goal of visiting every Major League Baseball ballpark.

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