Office Depot Mastercard Gift Card Deal
Office Depot has once again blessed us with a gift card deal for Mastercard gift cards if that is your sort of thing! This is a great opportunity to purchase gift cards at about face value, and also earn credit card rewards. Let’s take a look at the details.
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:
- Offer valid 11/19 – 11/25/23.
- Limit one (1) offer per customer
- Discount applied at register
- While supplies last.
While there’s a limit of 1 stated in the terms, you can possibly make multiple transactions to get multiple discounts. You can also purchase three $200 Mastercard gift cards for example, to get a $30 instant discount. That two $15 discounts, since you’re purchasing $600 in gift cards.
However, these options vary from store to store and even sometimes from cashier to cashier!
The Math
You can purchase a $200 Mastercard Visa gift card with a $7.95 fee (up from $6.95).
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: $415.90
- Minus instant rebate: -$15
- Final cost: $400.90
- Cost: $0.90
I works out better if you can purchase three $200 gift cards, to get two $15 discounts.
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 2060 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.
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 and don’t forget to bring your Chase Ink cards with you!
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