Last night, I mentioned my love of free money. Starting today and ending Saturday, March 18th, Staples has some of that to give in the form of a $20 EZ Rebate on $300 in Visa gift cards. This is an easy way to rack up some rewards points and put a few bucks in your pocket on top. Free money and free points shouldn’t be ignored.
Terms:
- Valid 3/12-3/18
- Limit 1 rebate per household
- In-store purchases only
- Rebate will come in the form of a $20 Visa gift card by mail
This deal is best maximized by paying with a card that earns 5x/5% at office supply stores, such as the Chase Ink Plus or Amex SimplyCash Plus. To maximize profit and rewards, 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 and decrease or eliminate your profit.
If you bought two of the $200 gift cards, you would spend $413.90 and receive a total of $420.00 in Visa gift cards (two $200 cards and the $20 rebate card). In other words:
$413.90 (cost) = $420 in Visa gift cards + 2,070 Chase Ultimate Rewards / $20.70 cash back
Put more simply: x = x + more. That’s my kinda math.
These Visa gift cards should be PIN-enabled, with the PIN being the last four digits of the card.
Want to learn more about miles and points? Subscribe to email updates or check out our podcast on your favorite podcast platform.
Does this work in Canadian Staples? Im traveling in Vancouver and there is a Staples in the same building as my hotel. I dont have a Staples back home in New Orleans so it would be great to take advantage.
Are you sure about the Staples Visa GC deal this week? Local Staples could not confirm it, and the link you hung yesterday is dead. Has anyone purchased these in-store since 3/12?
I purchased and submitted rebates that printed out upon purchase. We are good to go.
My official Stables rebate form says “limit 1 rebate per name/address/household”. Has anyone tried to do multiple rebates per address using different names? For instance, can I get a rebate and my wife get a rebate?
Will NOT work, use a friend’s address.
[…] To follow along, if you buy $300 in Visa gift cards this week at Staples, you’ll get a $20 Visa gift card by Easy Rebate in the mail. It’s in next week’s weekly ad on page 2 ( H/T: Frequent Miler) […]
Subscribe
Hi,
The math is slightly off. The math here is for a rebate coming as a check or instant.
What it really should be is $413.93 as your cost for $420 worth of visa gift cards since you are getting back a visa gift card as a rebate. If you say the visa gift cards you are buying are not cash then the visa gift card you get ares a rebate is also not exactly cash.
Thanks for theverything heads up.
Great point, Al. I updated the post to reflect that.
Thanks for the heads up, Nick!
Would you mind sharing your thoughts on purchasing these with a 5B vs an ink?
Many thanks in advance.
Using a FB card just means that you get your 5x points back in the form of cash instead of in the form of UR points. Assuming you can use FB credits as easily as you can use cash.
SO you’d consider the value/spend wise either way
Getting a little confused with liquidating these various flavored gift cards. USPS will not sell money orders with these Staples gift cards, correct? The only Walmart near me will not sell a money order with any gift card, and neither will any Kroger. How can these be laundered?
They’re not illegal in any way, so “laundered” isn’t the proper word here. “Liqudated” is the correct word perhaps.