Office Depot Mastercard Gift Card Deal
Office Depot has once again blessed us with a negative cost gift card deal for Mastercard gift cards if that is your sort of thing! Let’s take a look at the details.
Deal is back 5/17/21
- 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
- Offer valid 5/16/21-5/22/21
- While supplies last
While the limit of 1 discount per customer 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 $200 Mastercard Visa gift card with a $6.95 fee.
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 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.
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.
HT: Diamond Lounge member Brandon