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Earlier this week I posted a bunch of Amex Sync opportunities and one of them included a $10 statement credit when you spend $50+ at Office Depot or Office Max with your synced Amex. The good thing about this promotion is that it is available via Twitter which means you can register every single one of your American Express credit cards. The Twitter hashtag is #AmexOfficeDepot. This offer is valid for both in-store and online purchases and expires December 31, 2014. I suggest syncing quickly as enrollment is limited.
Maximizing this promotion:
At both Office Depot and Office Max you can purchase gift cards for other merchants. For example, Office Max sells Home Depot, Kohl’s, Lowe’s, Macy’s, Panera, Southwest, Subway, etc. And Office Depot sells Bed Bath & Beyond, Bloomingdale’s, Exxon/Mobile, Gap, Macy’s, Shell, Starbucks, etc. Both stores sell about 50 or so merchant gift cards and many overlap. With this offer you can purchase a $50 merchant gift cards (typically they are sold in increments of $25 or $50) and get the $10 statement credit. Just make sure you purchase $50 in a single transaction.
Making money with this promotion:
Office Max sells Visa and Mastercard gift cards, while Office Depot I believe only sells Visa gift cards. Both stores sell these gift cards in $50, $100, and $200 increments (if available). The $50 gift card comes with a $5.95 fee, while the other two have a $6.95 tacked on. So if you only have one American Express credit card, you can purchase a $50 Visa or Mastercard gift card for $55.95 and trigger the $10 statement credit. This means you are making $4.05 since you can use the gift card anywhere almost like cash.
But the real money saving opportunity comes when you have multiple synced American Express credit cards. If you have four Amex cards, then you can purchase a $200 Visa or Mastercard gift card for $206.95. Just make sure to request splitting up the transaction amongst four credit cards. Both stores are able to do this, although many cashiers will say no. If that happens it is because either they do not know how to do it, or do not think it is allowed. Just ask another cashier or manager to ring up the transaction. So you will be spending an extra $6.95 on your purchase, but getting back $40 in statement credits, thus resulting in a $33.05 return! Keep in mind though that some Office Depots no longer allow you to purchase gift cards with credit cards. This varies by store. If that is the case, either go to another Office Depot location or hit up an Office Max.
To sync multiple cards to Twitter: To do this, I recommend creating a different Twitter account for each American Express credit card you have. While it takes some time to set this up initially, once it is done it will be easy to sync Amex Twitter promotions going forward. I typically name my Twitter accounts to align with the card and cardholder, for example: “AmexSPGJen”, “AmexHiltonAdam”, “AmexSPGMom”, etc.
You can learn more about the Amex Sync promotions in this prior blog series:
- Free Money with Amex Sync 101: Overview and FAQs
- Free Money with Amex Sync 201: Syncing with your AmericanExpress.com Account
- Free Money with Amex Sync 301: Syncing with Twitter
- Free Money with Amex Sync 401: Purchasing Gift Cards