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Office Depot and OfficeMax stores have returned with a new profitable gift card deal this week, although this time it’s on Mastercard gift cards rather than Visa gift cards.
- Buy $300+ Mastercard gift cards at Office Depot/OfficeMax & get $15 off instantly.
- Expires May 22, 2021.
- Limit 1 per household/business(?)
As always with these types of deals, the best option points-wise is to buy two $200 Mastercard gift cards. Although you’ll pay an additional $1 in purchase fees, you’ll get an additional $101 worth of spend which can be worth far more than $1 if paying with a card that earns more at office supply stores such as the Chase Ink Cash or Ink Plus cards.
With two $6.95 fees, you’ll make $1.10 profit in addition to 1,995 Ultimate Rewards points for every two $200 Mastercard gift cards that you buy.
You’ll come out even further ahead by linking your payment card in the Dosh app. Dosh offers 2% cashback at Office Depot/OfficeMax with a limit of $10 cashback per day. Gift card purchases are excluded, but that doesn’t mean it’s enforced.
I know some people aren’t keen on buying Mastercard gift cards due to fraud issues/compromised cards in the past. It’s been quite some time since I’ve heard reports of issues of that kind, so I wouldn’t be unduly concerned on that front.
Having said that, if you were planning on liquidating these gift cards at Walmart, be aware that they’re no longer processing as debit cards at Walmart.