Free $20 Visa Gift Card With $300 of Visa Gift Cards Purchased

Visa gift cards are a great way to meet minimum spend and load Bluebird cards (among many other uses). The biggest problem with them is the fee that comes with the card – a $5.95 – $6.95 fee on each card you purchase. The cards themselves come in many denomination amounts up to $200 (at office supply stores).

$20 Visa Card With Purchase of $300 Visa Cards – Through October 25th

The reason it is important to buy these cards at office supply stores is that you can earn 5x Ultimate Reward points per dollar spent when you use your Chase Ink Bold® or Chase Ink Plus® card. So, for every $100 in purchases, you will earn 500 Ultimate Reward points.

Going on now through this coming Saturday (the 25th), Staples has an offer where you will receive a $20 Visa gift card for purchasing $300 (or more) in Visa gift cards. This purchase must take place in store and can be made up of a variety of denomination cards to reach the minimum of $300. So, if you cannot find a $200 card, 3 $100 cards will work as well.

The receipt will print out with the Staples rebate offer and receipt for the $20 gift card offer. Then, simply log on to Staples Easy Rebate website and enter the rebate offer and receipt number and you are all set! The validation process will start and you will receive the Visa gift card in a few weeks.

While it is great to get “free” money, this offer was not really about making money but about wiping out the fees paid for the gift cards. In this instance, you can earn 1,564 Ultimate Reward points (if you use a Chase Ink card) and will net $7 in profit from the extra gift card. Not bad!

Notes:

This offer is not available on-line. While the Visa cards are available on-line, the SKUs are different than the ones in the store so they will not work for the rebate.

It is one rebate per household. So, if you know of other households… 🙂

Some people have mentioned that they cannot find $200 gift cards. It is okay to use the $100 gift cards but your profit margin will be less (only $3). You will still be able to essentially wipe out the fees through this offer.

If the offer does not print right away, ask the cashier about it. In the past, one of my offers did not print out right away and the cashier had to wait a moment for it to come. It does run through the end of this week, so as long as you have a minimum of $300 in Visa prepaid cards, you will receive the offer.

This is similar to the promotion they ran last week, but better because the Mastercard promo only came with a Staples gift card – this is another Visa gift card.