Staples has just published their ad that goes into effect on Sunday, July 13th. Between Staples and Office Max you can usually find a deal on gift cards at least every other week or so. The new Staples ad, which is valid 7/13-7/19, has an offer to receive a $20 Staples gift card when you buy at least $300 worth of MasterCard gift cards.
The $20 Staples gift card comes via Easy Rebate so you will have to jump online and submit the rebate before you can receive your gift card. After that it is just a waiting game as it can take 4-6 weeks generally to receive your gift card in the mail. There is a limit of 1 rebate per household but if you have family and friends…..
While this isn’t as enticing as some of the past offers where you would receive a Visa gift card as the rebate, it is still a good deal. If you are someone who does any regular spending at Staples anyway then the Staples gift card should be as good as cash to you.
It has been a little while since I have purchased MasterCard gift cards at Staples but last time I was there they largest denomination they carried was a $200 card with a purchase fee of $6.95. So assuming your local store carries the $200 cards you should be able to buy 2 cards for a cost of $13.90 and then receive a $20 Staples gift card for a profit of $6.10 in addition to the free miles/points you will be earning on the transaction from your credit card. Use your Ink cards for 5x points for a total of 2,000 points & $6.10 profit (assuming you by 2x $200 cards).