Staples No-Fee Mastercard Gift Cards Promotion
Staples has a new Staples Mastercard Gift Card promotion this upcoming week, starting from March 22. They are waiving 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 Plus [5% cashback] the deal becomes much better. The deal is available in-store only, so not a good timing.
Offer Terms
- Valid 3/22/20-3/28/20
- Limit 1 per customer
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.
You can stack it with this Chase Offer or Amex Offer as well if you haven’t yet used it.
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. Also check out smaller local stores near you that sell WU money orders. And if everything else fails, you can always use them for everyday spend everywhere Mastercard is accepted. Plastiq no longer works.
Guru’s Wrap-Up
Staples and Office Depot are two of the few remaining options to earn 5x credit card rewards. But the timing of this deal is not the best during the coronavirus outbreak, especially for those at high risk, or those who might be in contact with high risk persons such as those with underlying conditions or elderly.
Also check out this online discount for Staples.
Please be safe! The best way to prevent illness is to avoid being exposed to this virus. Check out the CDC website for more information. During this coronavirus pandemic try your best to:
- Stay home if you can and avoid gatherings of more than ten people. This is extremely important for older adults and people who have serious chronic medical conditions like heart disease, diabetes and lung disease etc.
- Practice social distancing by keeping a distance of about six feet from others if you must go out in public.
- Wash your hands often with soap and water for at least 20 seconds, especially after being in a public place, or after blowing your nose, coughing or sneezing. If soap and water are not readily available, use a hand sanitizer with at least 60% alcohol.
- Avoid touching your eyes, nose or mouth with unwashed hands.
- Avoid close contact with people who are sick
- Stay home if you are sick, except to get medical care.
- Clean and disinfect frequently touched surfaces daily. This includes tables, doorknobs, light switches, handles, desks, computers, phones, keyboards, sinks, toilets, faucets and countertops.
