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This $199.05 price point is a little better than the usual $200 price on the "fee-free" $200 Visa virtual gift cards, but the same cart subtotal rule is in effect where the $1,000 maximum of gift cards in a single transactions is applied towards the subtotal before all discounts. As such, if you throw five of these into your cart, Staples will claim that this is over $1,000 of gift cards and ask you to remove at least one in order to go under the limit and process your order.
Staples processes their own gift card orders, so paying with a credit card that earns well at office supply stores will give you the expected rewards off of this, but you won't earn any Staples store rewards.
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from junos_ny
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I am not sure if this will trigger the 5% category for chase ink card. Apparently the checkout page is in staples.com domain, can someone confirm the 5% back and the MCC is office supply?
can anyone confirm these purchases give 5 percent cash back with Chase Business Cash card?
Quote
from junos_ny
:
I am not sure if this will trigger the 5% category for chase ink card. Apparently the checkout page is in staples.com domain, can someone confirm the 5% back and the MCC is office supply?
Can someone enlighten me on the benefits of these types of cards vs credit or debit?
Some people are buying Visa/Mastercard prepaid cards with this type of promotion to fulfill the minimum spending amount for new credit card's welcome offer (like, "spend $1000 in 6 months to earn $200 welcome offer").
Some credit cards have cashback at office stores, so you will earn cashback or reward points/miles if you buy Visa/Mastercard prepaid cards at Staples. Then, you can use those prepaid cards to pay for things you usually buy.
The catch is online only Visa/Mastercard prepaid cards can be tricky to use online. I have bought a few digital only Visa/Mastercard prepaid cards from different deals. Fortunately, my gas/water company accepts the online only Viss/Mastercard prepaid cards, so I was happy to save a little on utilities. Two other stores I found that I could use the online only Visa/Mastercard prepaid cards were Kohl's website and Amazon (to buy Amazon credits through Amazon digital reload).
If there's a choice of digital card or physical card, getting a physical prepaid card will be easier to use in-store.
Some people use the Visa/Mastercard prepaid card with small balance to sign up for trial subscriptions so that if they forget to cancel the trials, they are not getting charged full amount.
However, there's always a risk that for some reasons, prepaid cards don't have correct amount on the card or people stealing the amount from your prepaid cards. So, it's better to use any gift card/prepaid cards sooner than later.
If you're working on a sign up bonus, forget it. Amex RAT is VERY aware of this and they do claw back later. Staples was the first Amex receive L3 data from, so yes, they see exactly what you're getting.
If you're working on a sign up bonus, forget it. Amex RAT is VERY aware of this and they do claw back later. Staples was the first Amex receive L3 data from, so yes, they see exactly what you're getting.
No ... Just for amex office supplies 5% cash back card.
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No ... Just for amex office supplies 5% cash back card.
Uh, sorry, I don't know that. Try to search on DoC or creditcards subreddit if no one knows it here. I use Ink because Chase doesn't care what you buy.
Careful purchasing these. They don't actually own and under the protection by VISA. It is managed by BlackHawk Network. I bought 2 and the card got hacked and were used. You will need to jump through hoops to prove them that you are the owner by providing the proof of purchase and your government ID. Even so, it will take a few months going back and forward with them. And if it is resolved and you don't use the card right away. The card will get hacked again and you will need to do the same process all over.
This $199.05 price point is a little better than the usual $200 price on the "fee-free" $200 Visa virtual gift cards, but the same cart subtotal rule is in effect where the $1,000 maximum of gift cards in a single transactions is applied towards the subtotal before all discounts. As such, if you throw five of these into your cart, Staples will claim that this is over $1,000 of gift cards and ask you to remove at least one in order to go under the limit and process your order.
Staples processes their own gift card orders, so paying with a credit card that earns well at office supply stores will give you the expected rewards off of this, but you won't earn any Staples store rewards.
Since it's $199.05 now shouldn't 5 make it? (995.25)
What's the point of these, to wash money or something?
The big one is basically earning points for travel while effectively just transferring cash for later use. A lot of people have the Chase Ink Business Cash which offers 5x points to office supply, like Staples. Those points can then be transferred to Chase Sapphire travel cards. Now, of course, Chase has since gotten rid of the 25/50% bonus that used to exist on Preferred/Reserve, which was a huge draw. All new points are subject to the "boost" system, which is mostly crap - you will rarely find yourself in a situation that you can find a useful "boost".
Generally, people prefer the physical type in-store since you can buy 9 cards, and you can swipe them at POS terminals at any store. 9x200 = 1800 of quick spending. This online deal is limit 5, and you are going to have to add them to Google/Apple Pay, and hope they add properly, to use in-store.
One big benefit is if you have a MasterCard that earns decent cash back and you want to use it in CostCo, which only accepts VISA. You would buy the VISA gift card with that Mastercard and boom, you earned on MasterCard in CostCo. The digital versions you would use to buy Shop Cards online.
Of course, the big draw would be finding some way to withdraw the cash from these cards, effectively allowing you to earn points for nothing...more than nothing, you are getting an interest-free loan from the credit cards (since you pay back the charges ~25 days after statement close). How to unload them? Those are secrets which people who do it successfully guard very closely because the banks don't really approve of it.
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Staples processes their own gift card orders, so paying with a credit card that earns well at office supply stores will give you the expected rewards off of this, but you won't earn any Staples store rewards.
Not true for my municipal water/sewer/garbage fees.
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Our community has rated this post as helpful. If you agree, why not thank diavolo33
These have triggered 5x on Ink Cash in the past.
Some credit cards have cashback at office stores, so you will earn cashback or reward points/miles if you buy Visa/Mastercard prepaid cards at Staples. Then, you can use those prepaid cards to pay for things you usually buy.
The catch is online only Visa/Mastercard prepaid cards can be tricky to use online. I have bought a few digital only Visa/Mastercard prepaid cards from different deals. Fortunately, my gas/water company accepts the online only Viss/Mastercard prepaid cards, so I was happy to save a little on utilities. Two other stores I found that I could use the online only Visa/Mastercard prepaid cards were Kohl's website and Amazon (to buy Amazon credits through Amazon digital reload).
If there's a choice of digital card or physical card, getting a physical prepaid card will be easier to use in-store.
Some people use the Visa/Mastercard prepaid card with small balance to sign up for trial subscriptions so that if they forget to cancel the trials, they are not getting charged full amount.
However, there's always a risk that for some reasons, prepaid cards don't have correct amount on the card or people stealing the amount from your prepaid cards. So, it's better to use any gift card/prepaid cards sooner than later.
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Staples processes their own gift card orders, so paying with a credit card that earns well at office supply stores will give you the expected rewards off of this, but you won't earn any Staples store rewards.
Generally, people prefer the physical type in-store since you can buy 9 cards, and you can swipe them at POS terminals at any store. 9x200 = 1800 of quick spending. This online deal is limit 5, and you are going to have to add them to Google/Apple Pay, and hope they add properly, to use in-store.
One big benefit is if you have a MasterCard that earns decent cash back and you want to use it in CostCo, which only accepts VISA. You would buy the VISA gift card with that Mastercard and boom, you earned on MasterCard in CostCo. The digital versions you would use to buy Shop Cards online.
Of course, the big draw would be finding some way to withdraw the cash from these cards, effectively allowing you to earn points for nothing...more than nothing, you are getting an interest-free loan from the credit cards (since you pay back the charges ~25 days after statement close). How to unload them? Those are secrets which people who do it successfully guard very closely because the banks don't really approve of it.
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