American Express is currently running a Sync Offer which gives cardholders a one time $15 rebate on a $75 or larger purchase at Home Depot (see this Quick Deal for more info). You must first enroll your Amex card(s) to qualify. One way to get a lot out of promotions like these is to enroll multiple Amex cards (see “Maximizing Amex Sync offers. Part 1: sync multiple cards”). You can enroll primary Amex cards, authorized user cards, Amex Serve prepaid cards, and even Amex Serve subaccounts.
To save 20% on all of your Home Depot purchases, enroll a bunch of Amex cards in this promotion and then head over to Home Depot to buy Home Depot gift cards. Ask to pay $75 at a time, and each time swipe a different enrolled Amex card. Each of your card accounts should then receive $15 back automatically from American Express. Once you have the Home Depot gift cards in hand, you can save even more by using coupons and/or by shopping online through a portal.
If you don’t have any purchases to make at Home Depot, you can still do well by going to Home Depot and buying gift cards to other merchants. A helpful reader sent me photos of his local Home Depot gift card rack, and I took some of my own, then I used those photos to create the table below. The table shows all of the gift cards (that I could make out in the photos) available at Home Depot.
Yes, Home Depot has some attractive money-like products such as REloadit cards, but they do not accept credit cards for those purchases. I tried all of the variable load options, but all were coded in the register as cash-only. Fixed value Visa, MasterCard, and Amex cards are fair game though. The table below includes a column showing whether or not I think that Home Depot accepts credit cards for each gift card. I haven’t tried all possible combinations so at this point this is just my best guess. Please let me know if I got any of the details wrong.
|Gift Cards by Type||Pay w/ Credit Card?|
|Entertainment and books|
|Ultimate Game Card||Y|
|American Express gift card ($25, $100)||Y|
|MasterCard ($25, $50, $100)||Y|
|MasterCard $120 4 pack||Y|
|GreenDot Cash Reload||N|
|GreenDot Prepaid MasterCard||N|
|GreenDot Prepaid Visa||N|
|PayPal reloadable MasterCard||N|
|PayPower Visa Prepaid Card||N|
|Visa ($25, $50, $100)||Y|
|Visa $75 3 pack||Y|
|Buffalo Wild Wings||Y|
|Cold Stone Creamery||Y|
|On the Border||Y|
|Steak N Shake||Y|
|Store / Gas|
|The Home Depot||Y|