Dec 6-12: Buy $300+ in Gift Cards, Get $20 Staples Gift Card via Easy Rebate

There’s a new twist in the Staples Gift Card Easy rebate promotion that will run from December 6-12 in 2015 at their brick and mortar stores. The buy $300+ in Gift cards and a get a $20 Staples Gift Card via Easy Rebate is back and this time all three major credit cards are participating: VISA, Mastercard and American Express.

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I don’t recall seeing this offer before, so I don’t know if you have to get to $300+ with one kind (eg only VISA gift cards) or any combination. This offer is a money-maker if you can get to $300+ with two or one gift cards because of the unavoidable activation fees. With two gift cards ($200 + $100), you pay $13 activation fee but you receive a $20 gift card, so you end up with a $7 return on a $313 investment with a 1-month vesting period. Can your investment adviser guarantee such a return? 🙂

TIP #1: these sell out fairly quickly, so if you want a good chance of finding them, you may have to be there as early on Sunday as you can. There are some “professional shoppers” who buy multiple of these, even though it is limit one per customer. Grandma and Grandpa becomes very popular when extreme couponers want to use them as mail-in rebate participants!

TIP #2: Gift cards are not refundable, so make sure the items you get are eligible for the promotion and you won’t change your mind. While other rebate items (eg the various copy paper offers) can be returned if you change your mind or you accidentally get the wrong items, gift cards are not returnable. So pay extra attention to the terms and eligible options!