Two 5X Earning Opportunities End Today – Rack Up The Points & Some Profit
There are two 5X earning opportunities that are ending today that let you rack up 5X Ultimate Rewards or 5% cash back. Both come fee free or even with a negative cost so let’s take a look at the deals.
Staples No Fee Visa Gift Card Sale
- No purchase fee when you buy a $200 Visa® Gift Card
- Valid 12/15/19–12/21/19.
- The Visa Gift Card is issued by MetaBank
- Limit 1 per customer.
You can find the full terms in the upcoming ad on page 11.
Office Depot Visa Gift Card Rebate
- Save $15 instantly when you buy $300 of Visa Gift Cards.
- Limit one (1) offer per customer.
- Discount applied at register.
- Offer valid 12/15 – 12/21/19.
- Offer valid in store on Visa Gift Cards only.
You can purchase $200 Visa gift cards with a $6.95 fee.
Generally the best option is to purchase 2 of the $200 Visa gift cards. 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
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. But might be best to steer clear of gift card purchases with Amex cards.
Visa gift cards sold by OfficeMax/Office Depot are issued by Metabank and are pin-enabled. These cards should work fine to load Bluebird/Serve at Walmart and work many other places. For more detailed information on liquidating these cards, see: How To Liquidate Prepaid Visa & Mastercard Gift Cards
These are two of the better deals we see. If you have both in the area I would prioritize the Office Depot deal since the limit is higher and it comes with a little bit of profit which covers liquidation costs.