Two 5X Earning Opportunities End Today – Rack Up The Points & Some Profit

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using the new chase offers system

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 Fee Free Visa

Staples No Fee Visa Gift Card Sale

The Offer

  • No purchase fee when you buy a $200 Visa® Gift Card

Key Terms

  • 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

The Offer

  • Save $15 instantly when you buy $300 of Visa Gift Cards.

Key Terms

  • 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

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 pointsAlternatively, 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.

Liquidating

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

Final Thoughts

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.

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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