More free money & 5x on Visa Gift Cards at Staples this week

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Last night, I mentioned my love of free money.  Starting today and ending Saturday, March 18th, Staples has some of that to give in the form of a $20 EZ Rebate on $300 in Visa gift cards. This is an easy way to rack up some rewards points and put a few bucks in your pocket on top. Free money and free points shouldn’t be ignored.

Terms:

  • Valid 3/12-3/18
  • Limit 1 rebate per household
  • In-store purchases only
  • Rebate will come in the form of a $20 Visa gift card by mail

This deal is best maximized by paying with a card that earns 5x/5% at office supply stores, such as the Chase Ink Plus or Amex SimplyCash Plus.  To maximize profit and rewards, you would want to buy two $200 Visa Gift cards. Alternatively, you could buy one $100 gift card and one $200 gift card (or any other combination to reach $300 in gift cards), but activation fees will cumulatively make up a higher percentage of your purchase price and decrease or eliminate your profit.

If you bought two of the $200 gift cards, you would spend $413.90 and receive a total of $420.00 in Visa gift cards (two $200 cards and the $20 rebate card). In other words:

$413.90 (cost) = $420 in Visa gift cards + 2,070 Chase Ultimate Rewards / $20.70 cash back

Put more simply: x = x + more.  That’s my kinda math.

These Visa gift cards should be PIN-enabled, with the PIN being the last four digits of the card.

About Nick Reyes

Nick Reyes is a (fairly) regular guy with an animalistic passion for maximizing the value of miles and money to travel the world in comfort and style. There is little in life that he loves more than finding a fantastic deal and helping you shop smarter & harder to achieve your travel dreams.

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Comments

  1. Getting a little confused with liquidating these various flavored gift cards. USPS will not sell money orders with these Staples gift cards, correct? The only Walmart near me will not sell a money order with any gift card, and neither will any Kroger. How can these be laundered?

    • They’re not illegal in any way, so “laundered” isn’t the proper word here. “Liqudated” is the correct word perhaps.

  2. Hi,

    The math is slightly off. The math here is for a rebate coming as a check or instant.

    What it really should be is $413.93 as your cost for $420 worth of visa gift cards since you are getting back a visa gift card as a rebate. If you say the visa gift cards you are buying are not cash then the visa gift card you get ares a rebate is also not exactly cash.

    Thanks for theverything heads up.

  3. My official Stables rebate form says “limit 1 rebate per name/address/household”. Has anyone tried to do multiple rebates per address using different names? For instance, can I get a rebate and my wife get a rebate?

  4. Are you sure about the Staples Visa GC deal this week? Local Staples could not confirm it, and the link you hung yesterday is dead. Has anyone purchased these in-store since 3/12?

  5. Does this work in Canadian Staples? Im traveling in Vancouver and there is a Staples in the same building as my hotel. I dont have a Staples back home in New Orleans so it would be great to take advantage.

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