Office Depot and OfficeMax stores have returned with a profitable gift card deal this week on Mastercard gift cards.

Mastercard Gift Card

The Deal

  • Buy $300+ Mastercard gift cards at Office Depot/OfficeMax & get $15 off instantly.

Key Terms

  • Valid May 15-21, 2022.
  • Limit 1 per household/business (YMMV)

Quick Thoughts

As always with these types of deals, the best option points-wise is to buy two $200 Mastercard gift cards. Although you’ll pay an additional $1 in purchase fees, you’ll get an additional $101 worth of spend which can be worth far more than $1 if paying with a card that earns more at office supply stores such as the Chase Ink Cash or Ink Plus cards.

With two $6.95 fees, you’ll make $1.10 profit in addition to 1,995 Ultimate Rewards points for every two $200 Mastercard gift cards that you buy.

You’ll come out even further ahead by linking your payment card in the Dosh app. Dosh offers 2% cashback at Office Depot/OfficeMax with a limit of $10 cashback per day. Gift card purchases are excluded, but enforcement has varied (some have had cash back clawed back, others haven’t. YMMV).

I know some people aren’t keen on buying Mastercard gift cards due to fraud issues/compromised cards in the past. It’s been quite some time since I’ve heard reports of issues of that kind, so I wouldn’t be unduly concerned on that front.

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