
Office Depot Visa Gift Card Rebate
There is a new offer this week that will net you 5X Ultimate Rewards plus a little bit of profit. Although people may prefer the larger amounts allowed with this week’s Staples deal.
The Offer
- Save $15 instantly when you buy $300 of specific category Visa gift cards.
Key Terms
- Limit one (1) offer per household/business.
- Discount applied at register.
- Offer valid 10/9/22 – 10/15/22.
- Offer valid in store on select Visa gift cards.
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 some of the category specific $200 Visa gift cards with a $6.95 fee. Generally the best option is to purchase 2 of the $200 Visa gift cards to maximize your spend amount.
When doing so, the math works out like this:
- Cost of cards: $413.90
- Minus instant rebate: -$15
- Final cost: $398.90
- Profit: $1.10
Maximize
It is best to pay with a card that earns 5X at office supply stores such as a Chase Ink Cash/Plus. For example, a Chase Ink card would earn 1,995 Ultimate Rewards points. Alternatively, an Amex SimplyCash Plus which earns 5% cashback at office supply stores would earn you $19.95 cashback.
Liquidating
Each of these types of Visa gift cards is limited to specific merchant categories. While some of them can be liquidated as pin-enabled debit cards, they will not work everywhere. Make sure you have a liquidation strategy at a participating merchant before buying any of these category specific cards.
Conclusion
If you have a way to liquidate these category specific cards then this could be a good and profitable way to earn
HT DoC
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