Sorry, this deal is no longer available. Do you want to be alerted about new deals as they’re published? Click here to subscribe to Frequent Miler's Instant Posts by email.
Office Depot / Office Max is offering another instant discount of $10, this time on $300 of Mastercard gift cards.
- Buy $300 or more in Mastercard gift cards and save $10 instantly
- Limit one discounted offer per transaction
- Discount applied at register
- Offer valid 4/1/18 to 4/7/18
- Offer valid in store on Mastercard gift cards only
This is similar to the offer they had a few weeks ago on Visa gift cards. One interesting difference though is that the terms state that there’s a limit of one discount per transaction, whereas the Visa gift card offer stated there was a limit of one discount per customer.
In theory, you could’ve done several separate transactions on the previous Visa gift card offer to get multiple discounts, but that required a friendly cashier or visiting different stores. With the terms of this new offer clearly stating that you’re limited to one discount per transaction, you shouldn’t have any such issues. You’re therefore only restricted by how many Mastercard gift cards your local Office Max / Office Depot has in store.
As with the previous deal, there are several ways to maximize your returns from this offer.
1) Category Bonus
Use a card that offers a bonus at office supply stores such as the Chase Ink Plus (5x Ultimate Rewards), Chase Ink Cash and American Express SimplyCash Plus Business credit cards (both 5% cashback).
2) Spend More, Earn More
You have to purchase a minimum $300 of Mastercard gift cards in order to get the $10 instant discount, but the best option is to buy two $200 cards. That’s because activation fees would then make up a lower proportion of your overall cost than buying one $200 card and one $100 card.
If you buy two $200 Mastercard gift cards, your cost and points / cashback work out as follows:
$413.90 ($200 Mastercard 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.
If you have a card enrolled in Visa Savings Edge (e.g. Chase Ink Plus), you can also earn 10% back albeit with a maximum earn of $5 per enrolled card.