Office Depot Visa Gift Card Deal
Office Depot/Officemax has a new promotion on Visa gift cards. You can get an instant discount and net plenty of credit card rewards. Let’s take a look at the details.
The Offer
- Save $15 instantly when you buy $300 or more in Visa Gift Cards.
Key Terms
- Limit one (1) offer per customer.
- Discount applied at register.
- Offer valid 7/31/22 – 8/6/22
- Offer valid in store on Visa Gift Cards only.
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 $200 Visa gift cards with a $6.95 fee. Some stores have specialty cards which may work at a lower cost. We’ll base our math on the most expensive cards, but if you are comfortable and know they work for you then go for it.
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
The numbers look even better if you buy one of the Everywhere Visa cards.
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 2,060 Ultimate Rewards points. Alternatively, an American Express SimplyCash Plus which earns 5% cashback at office supply stores would earn you $20.20 cashback. But might be best to steer clear of gift card purchases with Amex cards.
Liquidating
Normal Visa gift cards sold by Officemax/Office Depot are issued by Metabank and are pin-enabled. These cards should work fine to load 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
Conclusion
This is one of the best deals out there when it comes to Visa gift cards. While it is not as easily scalable as the Staples fee free deals it does come with a small profit to offset liquidation costs.
Hi Mark,
I’ve yet to do these & thought I understood but am confused on this Office Depot deal. You write Visa gift cards but the promo says Mastercard only. Are you using Visa gift cards generically? I realize I’m too late on this one but would appreciate the clarification for future opportunities.
Thanks for all you do!
Jen
P.S. it would be cool if I could post the annotated screen shot
It was just a typo. This deal was for Visa gift cards only. They rotate every few weeks / months between a Visa gift card deal and a Mastercard deal.