If you buy $300+ in Visa gift cards from Staples between 01/04 and 01/10 you can send in an Easy Rebate online to get a bonus $20 Visa gift card.
This is valid in-store only. Officially there is a limit of 1 rebate per household.
If you buy 2 $200 Visa gift card in store you’ll pay $13.90 in card fees. Use your Chase Ink Plus or Chase Ink Cash card and get 5 points per dollar spent. That’s 2,070 points for a $413.90 purchase. Plus you’ll get the $20 Visa card via Easy Rebate to bring your cost basis down to $393.90 without accounting for the points.
Even without the Staples gift card the argument can be made to buy gift cards from Staples for your everyday spending.
Say you spend $2,000 on everyday spend. On a typical card earning points or cash back worth 2% you would save $40.
If you bought $2,000 in Visa gift cards for $2,069.50 you’ll earn 10,348 points that are worth $181.09 at a 1.75 cents per point value. After backing out the $69.50 it cost to buy those gift cards you’ll still left with a $111.59 profit, or about triple the rewards you would earn from other cards. It’s an effective rebate of 5.58% everywhere you shop.
Even if you only value the points at 1.6 cents each that would value the 10,348 points at $165.57, leaving a profit of $96.07 or an effective rebate of 4.8% everywhere.
Want to just cash out the Visa gift card instead of using it for everyday purchases?
The pin on the Visa gift card is the last 4 digits of the card number, no need to set anything.
-You can load up to $5,000 per month onto a Target AMEX REDCard for free.
-You can cash out the Visa cards using EvolveMoney to pay bills like your mortgage, property tax, auto loan, health insurance, store charge card (Gap, Macy’s, Target, etc). There is no fee for this but you can only make 1 payment per biller per month month.
-You can load Visa cards to your Serve card with a Family Dollar cashier for no fee (though some stores won’t do this)
-You can load Visa cards to your Bluebird or Serve card at a WalMart ATM machine for no fee.
-You can load Visa cards to your Bluebird or Serve card with a WalMart cashier or customer service for no fee. Just say you want to use your debit card, no need to mention that it’s a gift card.
-You can buy a money order with the Visa card at any store that accepts debit cards as payment (except the post office). Such stores exist even in manufactured spend deserts like NYC.
-You can pay your credit card bill at WalMart with BillPay at Customer Service.
-You can swipe the card on an Amazon card reader for a 1.75% fee.
-You can gift a Visa gift card as a wedding gift instead of giving a check.
HT: Moe’s Tavern, via DDF