Starting this Sunday, April 13, 2014, if you purchase $300 of Visa gift cards at Staples, you’ll get a $20 Visa gift card (after rebate). The exciting part of this promotion is that you can double dip it with the Amex Sync Staples offer which I just wrote about! Unfortunately, the Staples offer has already met its maximum enrollment on Twitter, but if you were able to get in on the promotion you can still take advantage. The Staples rebate promotion is limited to 1 per household and ends April 19, 2014.

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Steps to fully take advantage:

  • Sync your American Express cards with the $20 statement credit after spending $100 offer (you must have already synced your card as enrollment is closed)
  • If you have no synced Amex cards: Purchase a $100 and $200 Visa gift card preferably with a Chase Ink Bold, Chase Ink Plus, or Amex SimplyCash card. You will make a profit of $7.10 with this transaction.
  • If you synced 1 Amex card: In the same transaction, purchase a $100 and $200 Visa gift card. If you have a Chase Ink Bold, Chase Ink Plus, or Amex Simply Cash card, have the cashier split the transaction and put $100 on the synced Amex and the remaining amount on the Ink Bold/Ink Plus/SimplyCash. You will be spending $312.90 for the $300 Visa gift card, but will get back $40 ($20 in statement credits on your Amex and $20 in the form of a Visa gift card). You will make $27.10 with this transaction.
  • If you synced 2 Amex cards: In the same transaction, purchase a $100 and $200 Visa gift card. If you have a Chase Ink Bold, Chase Ink Plus, or Amex Simply Cash, have the cashier split the transaction and put $100 on 1 synced Amex, $100 on the other synced Amex, and the remaining amount on the Ink Bold/Ink Plus/Simply Cash. You will be spending $312.90 for the $300 Visa gift card, but will get back $60 ($40 in statement credits on your 2 Amex cards and $20 in the form of a Visa gift card). You will make $47.10 with this transaction.
  • If you synced 3 Amex cards: In the same transaction, purchase a $100 and $200 Visa gift card. Have the cashier split the transaction and put $100 on 1 synced Amex, $100 on the other synced Amex, and the remaining amount of $112.90 on the 3rd synced Amex. You will be spending $312.90 for the $300 Visa gift card, but will get back $80 ($60 in statement credits on your 3 Amex cards and $20 in the form of a Visa gift card). You will make $67.10 with this transaction.

Since I was able to sync all 6 of my Amex cards, I will end up with… $300 in Visa cards (which I will then cash out via Amazon payments) + $20 Visa gift card once I complete the rebate form + $20 statement credit on Amex 1 + $20 statement credit on Amex 2 + $20 statement credit on Amex 3. A profit of $67.10 and quite honestly not much of a hassle. The only caveat is that $200 Visa gift cards at Staples will go fast!

Remember: If you were able to sync an Amex SimplyCash card you will earn 5% cash back on that transaction! Related post on this card. And, if you are using this card, I actually suggest purchasing two $200 gift cards instead of a $100 and $200 card. For just a dollar more in activation fees you’ll earn $5 cash back, so ultimately another $4 in profit!

Not too bad for 10 minutes spent at Staples and filling out a quick rebate form!

Editorial Note: Opinions, analyses, reviews or suggestions expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

  • Al said,

    No Staples near me. Can you do this online?

  • Nick said,

    If you synced 2 Amex cards and have Chase Ink its more profitable to buy 2 X $200 visa cards. The difference in GC fees is only a dollar. In most cases an extra $1 for another 500 UR points is more then worth it. But if you have ur Ink card registered with visa savings edge that will put ur total charged on the Ink card over $200 which will save you another 1% and you will actually make more then a $1 extra. So you should make $48.24 plus and extra 500 UR points

  • dealswelike said,

    @al – in store only

  • ryan said,

    I can’t seem to find the Staples ‘ad’ on this…does it not have to be in 1 transaction (the $300)?

  • SP said,

    Hi! Just a heads up that some Staples may not let you split the transaction over 2 credit cards. It was hit and miss for me!

    Also, you can submit multiple rebates (one per household), as long as there are separate address, e-mail and phone numbers.

  • dealswelike said,

    @ryan – it is on the weekly flyer for next week. http://weeklyad.staples.com/StaplesSD/WeeklyAd?storeid=2415704#!/store/2415704/promotion

    Needs to be in 1 transaction, but 1 transaction can have split payment.

  • dealswelike said,

    @SP – Last time this promotion was around I was able to split payment, but the first cashier I went to had no idea how to do it so just went to another cashier. However, I am not 100% sure if they will split between three payments, I will find out Sunday.

  • Dale said,

    How do you sync up multiple AX cards? I see the offer for all three cards, but when I add it to one card, it doesn’t show for the other two cards. I am syncing online at AX. Thanks!

  • Shaun said,

    I know these offers sometimes take a few weeks to get the credit back. I plan on cancelling my AMEX PLAT in two weeks. If the credit has not hit up before i do, will they manually push it thru or am i out of luck?

  • dealswelike said,

    @Shaun – In my experience they post within a few days, but that doesn’t mean that is always the case. I do not believe Amex will manually push it through for you, but you can always try.

  • dealswelike said,

    @Dale – Read this post to understand how to sync the same offer to different cards in your Amex.com account. http://dealswelike.boardingarea.com/2013/12/10/free-money-with-amex-sync-201/

  • Dave said,

    Which page in the ad shows the promotion?

    I checked this week and next week, my local store and your local store, but I don’t see any mention of the $20 rebate.

  • Alex said,

    Does anybody know what kind of Staples $20 rebate it is? Gift card, prepaid card, check?

  • dealswelike said,

    @Alex – It is a Visa gift card

  • dealswelike said,

    @Dave – Online it is page 14.

  • Aaron said,

    So since this doesn’t show up in the printed circular in my store, how does getting the rebate work? Thanks!

  • dealswelike said,

    @aaron – just made the purchase and the rebate appears on the receipt

  • Gary70 said,

    Purchased 2x$200 Visa Gift Cards (plenty of $200 cards but no $100 cards at my store) with my Ink card for 2070 UR points and got rebated for $20 Visa Prepaid Card printed out.

    Thanks

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