Today’s Escapades
Update #2, 01/07: Got all of my Staples gift cards that I’ll probably flip to Cardpool. A couple of them were slightly smaller than what I expected, but still not bad at all for a deal that paid out $$$ for gift cards that earned tens of thousands of Ultimate Rewards points at 5 points per dollar and helped me complete the signup bonus threshold spending for my Chase business 3BM that netted over 125,000 signup points.
Update, 11/13: Staples has gone crazy and I’m all-in! I’m currently due some $1,170 in Staples gift card rebates (which can be liquidated via Cardpool for $983 or used for rebate items) and have earned over 31,000 Ultimate Rewards points just in base spending on my Ink card, not even counting the 50,000 point signup bonus threshold help. Amazon Payments works perfectly to cash out the Visa and Mastercard gift cards as described below.
So here’s where it gets crazy. If you buy 3 of the $200 prepaid gift cards the system processes it for $135 in staples gift cards. The fee on these cards is $6.95 each, so for $20.85 in fees I’ll earn over 3,100 points plus $135 in Staples gift cards (which can be liquidated for $113.40). It’s probably a glitch, but I’ve got screenshots and printouts so they’ll be hard to argue with. Below are some of the combinations I tried on Monday.
In other news I continue to love CVS for bringing the Vanilla love to Cleveland and for having dozens of stores nearby 
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This was originally posted on 11/11:
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