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Through Saturday, December 23rd, you can save $10 on $300+ in Visa Gift Cards at Office Max / Office Depot. While less generous than previous promotions, it will still help you towards beating the activation fees when stacked with your credit card rewards.
- Save $10 instantly when you buy $300 or more in Visa Gift Cards
- Link to weekly ad (see page 22)
- Valid 12/17/17-12/23/17
- Limit 1 offer per customer
- In-store only
This deal is best maximized by paying with a card that earns 5x/5% at office supply stores (See: Best Category Bonuses). To maximize rewards and minimize activation fees as a percentage of cost, you would want to buy two $200 Visa Gift cards. Alternatively, you could buy one $100 gift card and one $200 gift card (or any other combination to reach $300 in gift cards), but activation fees will cumulatively make up a higher percentage of your purchase price — so you might as well earn some more rewards at 5X/5%. Here’s the rewards breakdown:
$413.90 (2x $200 Visa Gift Card + activation)
-$10.00 instant discount
$403.90 + 2019.5 Ultimate Rewards OR $20.20 cash back
These Visa gift cards should be PIN-enabled, with the PIN being the last four digits of the card. For more information on these cards, see our Beginner’s Guide to Buying & Liquidating Visa and Mastercard Gift Cards.
The lower instant rebate (past instant rebates have been $15 or $20) is disappointing. However, it still might make sense as the value of the rewards continues to outweigh the cost of activation.
H/T: Doctor of Credit