Staples Mastercard offer returns 10/30 to 11/5 in 2016

The Mastercard offer returns to the Staples brick and mortar stores during the week of Sunday October 30 until the close of business on Saturday November 5 in 2016. It is a thin profit margin, unless you have a credit card that gets you more than 1% in office supplies purchases, in which case, with a card like “Chase Ink”, you would be getting 5% back in credit card rewards, and then you can use the Mastercards to pay for items that typically only get you 1% credit card rewards.

spls_mastercard_returns

The offer is the usual thing, you buy $300+ in Mastercard gift cards, submit an Easy Rebate, and a few weeks later you receive a $15 Staples Gift Card by mail. Typically the cheapest way to get to $300 with Mastercard gift cards is a $200 and a $100 which have activation fees of $7 and $6 respectively. So you pay $313 at checkout and receive the $15 gift card a few weeks later. It’s a $2 return on a $313 investment with 4-6 weeks of “vesting period”. Still beats savings accounts 🙂