A reader has tipped us off that tomorrow Office Depot and OfficeMax stores will return with a profitable way to earn an easy 5x on Visa gift cards. Note that there is also currently a Chase Offer good for 10% back up to $11 available on some cards (my wife found it on her Ink Cash card, which makes for a nice stack).
- Buy $300+ Visa gift cards at Office Depot/OfficeMax & get $15 off instantly.
- Valid 5/22/22 to 5/28/22
- Limit 1 per household/business (YMMV)
The best option points-wise is to buy two $200 Visa gift cards. Although you’ll pay an additional $1 in purchase fees (compared to buying a $100 and a $200 card), you’ll also generate $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 Visa gift cards that you buy.
Note that my wife noticed a Chase Offer this morning on her Chase Ink Cash card that’s good for 10% back up to $11 back, which makes for a nice stack to add some extra profit here.
It’s worth 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)