Instant $15 Discount on Mastercard Gift Cards at Office Depot & OfficeMax (Dec. 6-12)

office depot mastercard deal

Instant $15 Discount on Mastercard Gift Cards at Office Depot & OfficeMax

Office Depot and OfficeMax have a new gift card deal this week. You can get an instant discount of $15 when you purchase $300 or more in MasterCard gift cards. These offers are a good opportunity to earn Ultimate Rewards points if you have any of their locations nearby. MasterCard gift cards have an activation fee, but during these promotions, you’re actually making a small profit and you earn the credit card rewards. There’s a limit of 1 per customer but you should be able to do multiple transactions depending on your location.

Offer Terms

  • Offer valid 12/6 – 12/12/20
  • Limit 1 discounted offer per transaction.
  • Discount applied at register.
  • Offer valid in-store only on Mastercard® Gift Cards.
  • Product not available in Puerto Rico and the Virgin Islands.
  • Mastercard® Gift Card is issued by U.S. Bank National Association, pursuant to a license from Mastercard® International.

Maximizing The Offer

Office Depot and OfficeMax sell $200 MasterCard gift cards that have an activation fee of $6.95. To get the $15 instant discount, you need to spend at least $300. To maximize credit card rewards, it’s best to purchase two $200 MasterCard gift cards, which will cost you $413.90. Take off $15 at the register and you’re paying just $398.90. You’re already $1.10 ahead, but let’s also look at the possible rewards and other deals you can stack.

If you have a Chase Ink Plus or Chase Ink Cash card, you would earn 1,995 Ultimate Rewards points. You can also use an Amex SimplyCash Plus Business Card which earns 5% cashback at office supply stores as well. That would give you $19.95 in cashback. However Chase Ink Plus/Cash would be my choices as UR points are more valuable than cash and Amex has been cracking down on gift card purchases.

Guru’s Wrap-Up

The $15 discount wipes out the activation fee on two gift cards and gives you a small profit. Some people prefer Visa gift cards, as they’re often easier to liquidate. But it could be worth it if you have a location nearby and have an easy way to liquidate the gift cards. It’s a rare opportunity to earn more Ultimate Rewards as many 5X avenues have been drying up.

HT: Miles to Memories

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