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Staples has a new Visa gift card deal in-store this week that wasn’t advertised in their weekly ad. With this deal, you’ll save $5 instantly when buying a $200 Visa gift card.
- Get $5 off when buying a $200 Visa gift card.
- Expires April 13, 2019.
- Limit 1 per household.
The terms of this offer are a little confusing. The sign says it’s $5 off, but the text next to it says ‘No purchase fee’. The purchase fee is $6.95, so that means it’s either $6.95 off or you’ll pay a $1.95 activation fee – I suspect it’s the latter.
While that means it’s not a break even deal initially, it can be profitable with the right card. With a Chase Ink Plus or Ink Cash card, you’d earn 1,010 Ultimate Rewards or $10.10 per card. Alternatively, take advantage of the Staples Amex Offer to save an additional 10%, thereby reducing the cost of a $200 card to $181.76.
The limit of 1 is disappointing as it makes it more work to scale unless you have a friendly cashier who’s willing to sell you more than one per visit. Depending on how the offer’s coded into their system, you might need to pay for them in separate transactions in order to get the $5 discount multiple times.
The reader who sent in the photo saw this deal in Chicago. There’s a chance that it’s only a local offer, but hopefully it’s available nationwide.
h/t reader Carol