Update: Alive again and now valid with a limit of 8 cards per customer per day!
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Update: DEAD!
Staples is waiving the $6.95-$7.95 purchase fee on $200 Mastercard gift cards through 2/4. This is valid in-store only.
The weekly ad states that there is a limit of 8 per customer per day, though the fee waiver should apply on up to 10 cards per transaction if your store isn’t a stickler for limits.
Use your Chase Ink Cash Card or Ink Plus card and get 5 points per dollar spent. Office supply stores never charge a fee for retailer gift cards such as Amazon and hundreds more, but these Visa gift cards can be used anywhere!
Buying these gift cards can help you meet the spend threshold to earn the highest ever 90,000 point signup bonus for Ink Cash on top of earning 5 points per dollar spent.
The IRS recently lost a case trying to tax a couple that bought millions of dollars in Visa gift cards, which they subsequently cashed out in order to earn 5% cash back. The court ruled that rebates for gift card purchases are not taxable.
If you buy a $200 Mastercard gift card you’ll earn 1,000 Chase Ultimate Rewards points by charging it to an Ink Cash card. If you use your points at an average value of 2 cents each, then that’s like getting $20 back!
MetaBank issued Mastercard gift cards use the last 4 digits of the card as the PIN number. You can use them to buy money orders at various grocery stores and gas stations.
Or you can donate the gift card to charity and get a receipt for the full face value.
Or you can give away a gift card as a wedding or Bar Mitzvah gift.
Or you can always use it for everyday spending while earning 5% or 5 Chase Ultimate Rewards points per dollar everywhere!
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62 Comments On "Get Fee-Waived $200 Mastercard Gift Cards From Staples This Week!"
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Can a purchase of these Mastercard gift cards be used towards the bonus spend requirement for the new Chase United Quest Mileage Plus Visa credit card?
Able to use Amex gold when buying to reach SUB amount needed?
NO, probably not. AMEX has Level 3 data from Staples, which means they will know you bought a Visa/MC gift card, and the RAT team have been known to deny bonuses if the MSR was met using gift card purchases.
AMEX seems to have Level 3 data from more retailers than I had hoped.
If you use Samsung pay OR Apple pay,They won’t know.
I’m trying to meet a spend threshold and I have no use for gift cards if I used mastercard online at costco would they give me back a check if I return in-store
u can pay gas elec bill
Costco only accepts Visa
Costco.com takes Mastercard
I order Costco shopcards from Costco.com with the prepaid mastercards. They take about a week to ship.
Can’t you just use these directly at Costco as a debit card with the PIN? I recall doing so in the past.
Can we buy money orders with these
Yes.
You can use these cards to donate to the tzdaka of your choice before the end of the year and get the tax deduction as well as the 5x points.
What about capital one to meet sub
Can these gift cards be used to meet the threshold for spending on Chase Sapphire?
+1
Would gift cards work at staples or office depot for sub?
Dan, works with AmEx offer $25 off $200?
Are there still places that will allow the purchase of money orders with these, even in the NY/NJ area?
Does anybody have an idea of which convenience stores/gas stations will allow you to buy money orders with gift cards?
Acme
Acme doesn’t even do money orders. What’s your thought process?
is there an activation fee for this cards?
Did you read the post? The fee is what is being waived.
Alive again.
Ends 5/28/22.
Limit 5 per customer per day.
getting harder and harder to liquidate them. cant find anyplace that still allows MO purchases.
A friend told me that you can transfer the balance to venmo and then to paypal, and then back to your bank account. Can anyone here confirm?
can these cards themselves pay the credit card bill that I buy it with and just gain from the cashback???
Question, I see on Chase that the freedom card is giving back 10% from Staples. What a purchase of these gift cards apply for the 10%?
Sure!
Great, but I think it’s a $10 maximum. Which means you could only Purchase a $100 card.
I believe this in effect today: (10/30 – 11/5)
Fee is waived.
This time limit of 8
Dan can you update this! It Is valid right now!!!
On the Ink card, is there anything stopping me from purchasing $50,000 worth of these cards over the course of the year to pay off tuition or is there a limit on the 5% back
$25K limit per year on each Ink Cash card
So if i have 1 in my name and open 1 in my wifes business name, we can get to the 50k max?
Sure, or you can have several in your own name.
You can have several of the same type of business card in the same name? And then get 90k bonus for each one of those if you hit the threshold?
“”You can use them to buy money orders at various grocery stores and gas stations.””
Where in Brooklyn?
These are not issued by metabank. Is the pin still automatically going to be the last 4 digits of the card number?
I tried it using the last 4 digits and it worked so either it’s set to that or you can do whatever you want the 1st time
Is this still active today?
?
How can these be cashed out by money order?
My store used to hide the cards in the draw at the register and you had to ask for it and they got to decide if they “had any left”
Today, either holiday season or they grew up… There were a few hundred cards on the rack
Do they sell walmart gift cards?
No. Amazon they do, but only in store not online.
hi i bought 20 k gift cards last week would like to know how cash it out or pay credit card bil since Walmart stopped doing cash orders
dose anyone know if could be used in PayPal or Venmo back to my account
Waiting for answer on same question
I’ve tried on Venmo and they don’t let. I wouldn’t recommend Paypal as it’s not worth the risk of them shutting you down, which is mostly likely gonna happen with $20k worth of gift cards.
Tried Venmo too. No worky no turkey.
Works with PayPal for paying someone else (not loading balance). There is a fee involved, but the basic 5% cash back would offset it.
I’ve only done around 1k in payments so far, so I’m not sure at what point they might crack down.
The store wouldn’t let me use my credit card to buy only cash
Alive Again 1/29-2/4
I walked into staples today it was not on sale. There was a fee.
Location? Master or Visa?
Brick, NJ location has Mastercard GC’s in stock. Check your local Staples’ weekly ad to see if these cards are on sale at your local store. https://www.staplesconnect.com/weeklyad
does anyone know how to transfer from a giftcard via venmo to someone else or which banks will accept money orders? thanks!!!
Venmo not working. Anyone have any ideas how to cash them out?
PayPal via sending to friend. But you might want to be careful with how many times you do it consecutively – both with regards to fraud suspecting, if there are multiple payments of same amount, and with regards to PayPal realizing what’s going on, and wanting to shut it down.
If you order from Costco online, you’ll be able to use MasterCard GC, and if you return item to the store they will refund you in cash. Not Glatt.