There’s a new Staples Mastercard Gift Card promotion starting today. 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] or Amex SimplyCash [55 cashback] the deal becomes much better.
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.