Office Depot Visa Gift Cards Promotion
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 Visa gift cards. These offers are a good opportunity to earn Ultimate Rewards points if you have any of their locations nearby. The Chase Ink Business Cash will earn 5X points on these purchases, and right now there’s also a 90,000 points signup bonus if you don’t have this card.
Visa gift cards have an activation fee, but during these promotions, the discount wipes out these fees. There’s a limit of 1 per customer but you should be able to do multiple transactions depending on your location.
- Offer valid 01/22- 01/28/23.
- Limit 1 discounted offer per transaction.
- Discount applied at register.
- Offer valid in-store only on Visa Gift Cards.
- Product not available in Puerto Rico and the Virgin Islands.
Maximizing The Offer
Office Depot and OfficeMax sell $200 Visa gift cards that have an activation fee of $7.95. 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 Visa gift cards, which will cost you $415.90. Take off $15 at the register and you’re paying just $400.90. So your out of pocket cost is just $0.90 for the credit card rewards.
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 Ultimate Rewards points are more valuable than Membership Rewards points and better than 1 cent each when compared to cash.
This Office Depot Visa gift card promotion is a good opportunity to earn Ultimate Rewards. Chase Ink Business Cash earns 5X on office supply purchases, up to $25,000 per year.
The $15 discount almost wipes out the activation fee on two gift cards. That means that you’re getting almost free credit card rewards.