There is a new promotion on VISA gift cards. Net a lot of credit card rewards by getting an instant discount. The details should be looked at.

Today is the last day of the deal. If you stack with the Office Depot Chase Offer, you can make more money.

The Offer

  • Save $15 instantly when you buy $300 or more in Visa Gift Cards.

Key Terms

  • Limit one (1) offer per customer.
  • Discount applied at register.
  • Offer valid 7/23/22 – 7/30/22
  • Offer valid in store on Mastercard Gift Cards only.

Some stores will allow you to do multiple transactions, even though the limit is hardcoded into the register. It varies from store to store and from cashier to cashier.

The Math

$200 Visa gift cards can be purchased with a $62.95 fee. Specialty cards can be used at a lower price. If you know that the most expensive cards work for you, then you should go for it.

The best option is to buy 2 gift cards. The math works out this way when you do that.

  • Cost of cards: $413.90
  • Minus instant rebate: -$15
  • Final cost: $398.90
  • Profit: $1.10

Maximize

Pay with a card that earns 5X at office supply stores. Alternatively, an American Express SimplyCash Plus which earns 5% at office supply stores would give you 20% back. It's a good idea to avoid gift card purchases with Amex cards.

Liquidating

Officemax/ Office Depot sell normal Visa gift cards that are pin-enabled. Liquidating these cards will give you more information on how to use them.

Conclusion

This is one of the best deals out there when it comes to Visa gift cards.  While it is not as easily scalable as the Staples fee free deals it does come with a small profit to offset liquidation costs.

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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Learn more about this card and its features!