Starting on Sunday 5/6/18, through 5/12/18, there’s a new Staples Visa Gift Card promotion. This follows the trend started two weeks ago with no fee gift cards, but it’s even better now as you can purchase Visa instead of Mastercard gift cards for free. This is a good opportunity for free credit card rewards, especially when combined with one of the Chase Ink cards [5X Ultimate Rewards].
Staples No-Fee Visa Gift Card Deal
No purchase fee (a $6.95 value) when you buy a $200 Visa® Gift Card.
- Valid 5/6/18–5/12/18.
- In store only.
- Limit 1 per customer. All trademarks are property of their respective owners.
- The Visa Gift Card is issued by MetaBank®
How to Maximize Profits
This is probably the best Visa Gift Card deal we have seen. They have sold them at a discount in the past, but through rebates and limited to 1 per household. With this promotion the fee waived instantly and you can purchase as many as you’d like. During the last promotion when thy were selling no-fee Mastercard gift cards, you could purchase multiple cards in one transaction, even though terms state 1 per customer. Plus there’s no rebates and waiting for a gift card in the mail. But, you’re limited to $2,000 in gift card purchases every day.
So for every $200 Visa 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
Visa gift cards can be liquidated by buying money orders at Walmart or at various grocery stores and other locations. The PIN is already set as the last 4 digits of the card number. The can also be used for bill pay at Walmart and Kmart. If everything else fails, you can always use them everywhere Visa is accepted and you’re still earning 5X on every purchase.
Staples and Office Depot have had plenty of gift card deals recently. This one is probably the best we have seen as it involves Visa gift cards 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. And remember, this only applies to $200 Visa gift cards. Bring your Ink cards!