Get Fee-Waived $200 Visa Gift Cards From Staples, Earn 5x Points Everywhere!

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Update: Alive again!

Update: DEAD!


Staples is waiving the $6.95 purchase fee on $200 Visa gift cards through 3/5 in-store only.

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 75,000 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.

The weekly ad states that there is a limit of 5 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.

You can use the gift cards to buy money orders at select grocery stores and gas stations. Just use the last 4 digits of the card as the PIN number to cash them out.

Or you can donate the gift card to charity and get a receipt for the full face value while earning 5 points per dollar.

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% cash back or even better, 5 Chase Ultimate Rewards points per dollar everywhere!

HT: lakewood34, via DDF

24 COMMENTS

Older First
  1. kivi

    where can i find a gas station that will give me a money order for my gift card?

  2. pinch

    Can i use a staples gift card to buy these?

  3. rental addict

    I called Chase to inquire about buying gift cards they said any cash related purchases don’t count towards a spending for a signup bonus

    • Yochai

      These promotions have been advertised here for years. Do you really think Dan would post it if if doesn’t work???

    • Matt

      The first rule of the game is to NEVER call the bank! Lol

  4. SmartOne

    Dan, is there any difference between chase and Amex in regard to getting points for gift card purchases?
    And can you post a link for high value gift cards that I can buy to meet spend thresholds?

  5. Jay

    How do most people liquidate these? Money orders at groceries?

    • Moshe

      Us the cards to donate to tzedaka

  6. charles

    does it charge as a cash advance on the CSP?

  7. mk

    Any comment on the AA cancellations? American and Southwest airlines seem to be flying into the wrong clouds…;)

  8. Ljderm

    I have purchased in the past, without problems, using them for some of the purchases mentioned here. However, now I would love to know if these purchases count for spend threshold on Citi AA cards. It appears that this current forum is not being answered, but perhaps another user with experience could answer.

  9. stan r

    I am finding it very difficult to find these cards in the Hartford, CT area. most Staples aren’t getting them in. any advice? should I call staples corporate? thanx

    • Moishe

      In my area some of the Staples locations always have a plentiful supply and some only have a few. Those without a good supply blame corporate. It’s best to go early in the week when there’s a no fee promotion and ask the manager if there are none on the rack. The racks have storage inside and in many stores there’s a drawer behind the registers with cards in no particular order.

  10. Danny

    Any idea if the staples are having fee waived visa gift card in December? Thank you!

  11. BA

    Our local NJ staples is out of them
    For months
    And manager have no idea when vendor will bring so nice offers but unavailable

  12. Boro Parker

    Is it possible to say off your credit card balance with these cases just as any debit card?

    • David R

      If you default and it goes to collections, then likely yes. Obviously, that’s a bad idea.

  13. Boro Parker

    Why can’t you pay your balance with these aren’t they like any other debit card

    • David R

      Since when does Chase let you pay your credit card bill with any other debit card? Citi does let you pay credit card bills with a debit card, but they are particular about which cards they accept and don’t accept the cards that this deal is for.

  14. David R

    I was able to use pay yourself back to redeem UR points at 1.25¢ per point towards the Staples purchase I made in October using my Ink Plus card.

  15. Ted

    Does it work for chase ink business preferred? Thank you.

  16. Mendy

    You should mention that 5% only applies to the first $25,000 per membership year.

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