Staples is currently running a promotion on American Express gift cards this week. Good from now through Saturday 6/14/14 you can get a $20 Staples gift card after Easy Rebate when you purchase $300 worth of American Express gift cards.
This isn’t as good of a deal as the specials Staples periodically runs on Visa gift cards because they are much easier to liquidate than Amex cards. However, this could be a good opportunity for those with Ink cards, which earn 5x at office supply stores, to rack up a little extra spend at 5x that you would have only earn 1x points on. For example, I have a payment coming due to my insurance company which would normally only be 1x points but buy purchasing the Amex cards at 5x and then using them to pay the insurance payment I will have essentially earned 5x points on what would normally be a 1x earning category.
You will pay purchase fees on the gift cards but as long as you are someone who spends money at Staples anyway, then you will still save money using the $20 Staples gift card.
Offer valid 06/08/14 through 06/14/14 on a single purchase of $300 worth of Gift Cards. Terms and conditions apply to American Express® Gift Cards. See Cardholder Agreement for details at www.americanexpress.com.gift. Cards issued by American Express Prepaid Card Management Corporation. American Express® is no the sponsor of the promotion. Cards are not sold in VT. Limit 1 rebate per household.