Earn 5x at Staples $200 Mastercard Gift Cards (waived fees) from 2/25/24-3/2/24

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Updated: February 22, 2024

It’s back! Staples $200 Mastercard Gift Cards are on sale again. The activation fees are waived.

  • Promo period – February 25, 2024 – March 2, 2024
  • Buy $200 Mastercard Gift Card
  • $7.95 purchase fee is waived
  • Limit 8 per visit (YMMV)
  • In-store only
If you’ve been following many of my posts, I purchase these Gift Cards valued at $200 each from Staples. These cards usually come with an activation fee. But every now and then, the activation fee is waived.

So what? Why buy GIFT CARDS?

When you use a business credit card such as the Ink Business Cash® Credit Card, you earn 5x per dollar. This strategy will only work on the Ink Business Cash® Credit Card.
If you use other cards other cards that do not give you extra points at office supplies stores…then you will NOT get 5x. This will NOT work with other Ink cards (Ink Business Preferred® Credit Card and Ink Business Unlimited® Credit Card.)

So what? What do I get? How many points?

• 8 x $200 GCs = $1,600 (8 is the limit per store)
• $1,600 x 5 pts  = 8,000 Chase Ultimate Rewards

Again, so what? What will 8,000 Chase Ultimate Rewards® do?

That could easily be a stay at a Hyatt property that charges up to 8K per night. Or I could take that 8K and add it to my stash of points for future redemptions.
These gift cards work just like any other credit card. So I carry these around when I know that I’m about to make a purchase or pay for something that would normally just earn me 0 points or 1 point. The idea is to turn my expenses and earn as many points as possible.

Which credit card to use

The card that will work is the Ink Business Cash® Credit Card. This is the card I suggest using when purchasing gift cards at office supplies stores (i.e. Staples, Office Depot). Earn 5x per dollar on purchases at Office Supplies Stores. 
CAVEAT: I like to play it safe and not draw any attention with Chase. So if you get this card, I do not suggest using your new card to buy all of the gift cards to meet your minimum spend. I suggest to mix it up, to also plan on using it for organic purchases.

 

For more travel deals and tips, follow me on my travel page on Daddy Travels on Facebook Group or Instagram or YouTube

Editorial Disclosure – The editorial content is not provided or commissioned by the credit card issuers. Opinions expressed here are the author’s alone, not those of the credit card issuers, and have not been reviewed, approved or otherwise endorsed by the credit card issuers.

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