Last Day to Earn 5X Ultimate Rewards at Staples

Today is the last day to take advantage of this great Staples Mastercard Gift Card promotion. Staples is offering no-fee $200 Mastercard Gift cards. If you have a Chase Ink Plus or Cash credit card that means free Ultimate Rewards points. Many 5X sources have been drying up, and there’s rumors that Staples might stop selling gift cards which would be a huge blow. So go to you nearest Staples and grab some if you’ve been slacking this week.

Staples Mastercard Gift Card Promotion, Waived Fee

Starting on Sunday 4/22 till 4/28/2018 there’s a new Staples Mastercard Gift Card promotion. This one is different from previous offers. Instead of a rebate, they have removed the purchase fee on $200 Mastercard Gift cards. This is a good opportunity for free credit card rewards, especially when combined with one of the Chase Ink cards [5X Ultimate Rewards] the deal becomes much better.

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Staples Mastercard Gift Card Promotion

How to Maximize Profits

We have seen better deals from Staples, where the rebate gave you a profit. But this could be seen as a better deal since it doesn’t require to fill out any rebates and wait for a gift card in the mail and there’s no household limit. But, you’re limited to $2,000 in gift card purchases every day.

So for every $200 MasterCard gift card you buy, you can earn 1,000 Chase UR points if you’re using your Chase Ink Plus/Cash card. You could also try a Amex SimplyCash for 5% back, but there were reports that it wasn’t earning that rate at Office Depot on gift card purchases. Let me know if you test it out.

How To Liquidate Gift Cards

Mastercard Gift Cards are not as easy to use as Visa. You can still use them at WalMart to purchase money orders, but you need to quickly hit cancel on the keypad after swiping to switch to debit and it doesn’t always work. You can also use them for bill pay at Walmart and Kmart. And if everything else fails, you can always use them for everyday spend everywhere Mastercard is accepted.

Guru’s Wrap-Up

Staples and Office Depot have had plenty of gift card deals recently. This one is different and seems to be more scalable as there’s no household limit. I would suggest going to your nearest location early on Sunday because stock runs out quickly.


One thought on “Last Day to Earn 5X Ultimate Rewards at Staples

  1. good reminder. Heading out the door to pick up some more…. (been buying them one at a time, per Ink, per store — and have returned several times — have so far encountered no supply problems. How ’bout elsewhere? )

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