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From March 11-17, Office Depot / OfficeMax is offering a $10 instant discount when purchasing $300 or more in Visa Gift Cards.
- Buy $300 or more in Visa gift cards and save $10 instantly
- Limit one offer per customer
- Discount applied at register
- Offer valid 3/11/18 to 3/17/18
- Offer valid in store on Visa Gift Cards only
These Visa Gift Card deals are a great way to rack up spending on credit cards that offer a bonus at office supply stores. That includes the Chase Ink Plus (5x Ultimate Rewards), Chase Ink Cash and American Express SimplyCash Plus Business credit cards (both 5% cashback).
You need to purchase at least $300 in Visa Gift Cards, but to maximize the deal you’re best off buying two $200 cards. That’s because activation fees make up a lower proportion of your overall cost than buying one $200 card and one $100 card.
If you buy two $200 Visa Gift Cards, your cost and points / cashback work out as follows:
$413.90 ($200 Visa Gift Cards x2 + $6.95 activation fees x2)
-$10 instant discount
$403.90 + 2,019.50 Ultimate Rewards or $20.20 cash back
This deal can be slightly more profitable as you can earn $4 in Office Depot / OfficeMax rewards. Those rewards are only payable on the first $200 of gift cards per quarter though, so it’ll only work on one transaction.
The terms state that this offer is only available once per customer. So long as you don’t keep using your rewards account number, you should be able to buy $300+ in Visa Gift Cards more than once as the $10 is applied as an instant discount rather than as a mail-in rebate. This might mean purchasing the cards from more than one store or from the same store on different days / at different times, although with a friendly cashier you might be able to buy the cards to your heart’s content (or, more likely, until they run out of $200 cards.)
It’d be best to take advantage of this offer sooner rather than later, as Office Depot / OfficeMax have been known to end similar offers early.