This is a nice development from Staples.com, they have started selling $300 Visa gift cards online. With the increased denomination, comes an increased fee as well, but it is still a better price than the $200 VGC option.
The fees are $8.95 per card ($7.95 Purchase Fee + $1.00 Shipping Fee), making the cost of the card $308.95.
Here’s a look at the math, if you’re looking to buy the daily max amount of $2,000 that’s allowed by Staples.
- 6 x $300 VGCs ($8.95 fee) and 1 x $200 VGC ($6.95 fee) = $2,000 in gift cards and $60.65 in fees
- 10 x $200 VGCs ($6.95 fee) = $2,000 in gift cards and $69.50 in fees
So for $2,000 in Visa gift cards you’ll end up paying about $9 less… and less is always great news. If you’re paying with any of your Chase Ink cards [5X Ultimate Rewards] or Amex SimplyCash [5% back]. It’s a nice way of earning UR points at about 0.6 cents per point.
It would be amazing if these $300 VGCs started appearing in stores as well. This would make those Staples Rebates deals much better, since they usually require a minimum of $300 in gift card purchases. Just wishful thinking, but hey, we’re allowed to dream.