$20 rebate on $300 Visa Gift Cards + 5X

Through Saturday, August 12th, Staples is offering a $20 prepaid Visa rebate on the purchase of $300 or more in Visa Gift Cards in-store only.

The Deal

  • Get a $20 Visa prepaid card rebate by mail when you buy $300 or more in Visa Gift Cards in-store at Staples

Key Details

  • Valid until Saturday, August 12th, 2017
  • In-store 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 (with an Ink Cash or Ink Plus)

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. Alternatively, you could use a card that earns 5% back at office supply stores and receive about $20.70 in cash back. See our guide to Best Category Bonuses for cards offering the best return at office supply stores.

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: Miles to Memories

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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BarryEasy 5X or 5%: $15 back on $300 in Mastercard gift cards - Frequent MilerRob P Recent comment authors

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Rob P
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Rob P

Thanks!

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[…] on $300 or more in Mastercard gift cards. While this isn’t as good as last week’s $20 Visa Gift Card rebate on $300 in Visa Gift cards, Staples gift card rebates are still an easy win as you can earn 5x with a card like the Chase Ink […]

Barry
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Barry

I did this promo back on August 8th. Filled out the rebate online and submitted. August 22nd I got an email that said the rebate was in the mail. I still haven’t received it 3 weeks later. Anybody having similar issues?