The Offer
- Staples is offering an instant discount of $10 when you purchase a $200 Visa gift card
The Fine Print
- Today only
- While supplies last
- Limit of three
Our Verdict
This is a fantastic deal because it’s profitable before you even take into account credit card rewards. Let’s look at the profit break down if we include credit card points:
- Purchase three $200 gift cards for $196.95 each: $590.85
- Purchase using a credit card that earns 5x or 5% on office supply stores: $29.55
- Total profit: $38.70
Hat tip to @v_moalemi on Twitter
I got in on this really late, 8:30am west coast. It was sold out online but I was able to place my order over the phone.
Out of stock for me 🙁
Is using the Discover portal dead for this?
Yup. These deals now go OOS fast thanks to the plethora of these miles/points blogs and worse, all the greedy miles/points hoarders out there that order ridiculous, obnoxious quantities at a time. It’s EMFH in this game. (Every Man For Himself)
If you don’t like these blogs, why are you reading them?
Missed it. Early birds already got the worms. Boo.
William,
Did you put this on your new deals ending soon alert thingy ma jingy? or am I thinking of someone else?
If you’re referring to the @dochotdeals Twitter account they set up recently then yes, that’s how I got word of the sale just before midnight Pacific. I don’t use Twitter aside from some dummy accounts for AMEX Offers but had subscribed via the text message method somebody else suggested and it worked great!
Yeah I did put it there.
Dead. Want to thank everyone who placed 6+ orders.
I placed mine less than an hour after it went live. I did one in my name and one in my wife’s. Wasn’t going to go further.
I suspect people placing several orders will get entire orders denied, possibly banhammers. This isn’t Staples first rodeo with this type of deal and they’re up there with EBay for having a quick trigger and low abuse tolerance for limit sales.
I missed the deal. But, Anthony, I guess your order seems fine. 1 your order, 1 wife’s is genuine. 6 is Genuine purchase. Ban need to be on people who go beyond ridiculous quantities- Like 4+ orders.
Agree. I hope that Staples is diligent in not allowing more than 1 order of 3 cards per person. These deals will be more sustainable if we don’t go overboard with them and abuse the system. It would’ve been wise if Staples could hard code the coupon to only work for one order too though, so some of the blame should be placed there.
Thanks! I was able to get in on it earlier this morning when I first saw your post!
Just tried, Out of stock already that is a pretty crappy promo
Out of Stock for me at 803am