Update: We have confirmed this deal will be live in-store starting today.
We have a report from a reader that a cashier showed them this coming Sunday’s ad with an offer for a $15 rebate on $300 in Visa Gift Cards and we have confirmed that this deal will be live in-store today.
The Reported Offer
- $15 instant rebate on $300 or more in Visa Gift Cards
Key Details
- One instant rebate per transaction
- One transaction limit
The Math
This deal is best maximized by paying with a card that earns 5x/5% at office supply stores, such as the Chase Ink Plus, Chase Ink Cash or Amex Simply Cash Plus Business. To maximize rewards and minimize activation fees as a percentage of cost, 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.
$413.90 (2x $200 Visa Gift Card + activation)
-$15.00
$398.90 + 1994.5 Ultimate Rewards OR $19.95 cash back
These Visa gift cards should be PIN-enabled, with the PIN being the last four digits of the card. For more information on these cards, see our Beginner’s Guide to Buying & Liquidating Visa and Mastercard Gift Cards.