Easy win: $20 rebate + 5X on $300 or more in Visa Gift Cards at Staples

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Today through Saturday, May 27th, Staples is offering a $20 Visa Gift Card rebate on $300 or more in Visa Gift Cards. Staples gift card rebates are an easy win as you can earn 5x with a card like the Chase Ink Plus or Ink Cash and get a rebate worth more than the activation fee on the cards.

Staples Visa GC 5-7-17

The Deal

  • $20 Visa prepaid gift card by mail when purchasing $300 or more in Visa gift cards

Key Terms

  • Valid 5/21/17 to 5/27/17
  • In-store only
  • Only one rebate per name/address/household

The Math

This week’s rebate is in the form of a prepaid Visa card by mail, which is PIN-enabled (the PIN is the last 4 digits).

To maximize rewards, you’ll want to buy two $200 gift cards. It will work out like this

Cost:
$413.90 (total cost for two $200 gift cards with activation fees)

Receive:
$420 
in Visa gift cards ($400 now and $20 by rebate)+ 2,069.5 Ultimate Rewards at 5X

Conservatively valuing the Ultimate Rewards at 1.5 cents each (the rate at which they can be redeemed for travel if you have the Chase Sapphire Reserve), the points are worth at least $31, but you may get quite a bit more value with transfer partners.

These cards should be PIN-enabled (the PIN should be the last 4 digits of the card). See our Complete Guide to Staples Visa & Mastercard gift card deals for more information.

H/T: Doctor of Credit

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