Heads up, RewardSmart users! A fantastic opportunity to rack up rewards is back at Office Depot and OfficeMax stores. From March 15th to March 23rd, you can snag a sweet discount on Mastercard gift cards – and, more importantly, leverage your credit card rewards in the process.

The Deal: Instant Savings on Gift Cards

Here's the breakdown: When you buy $300 or more in Mastercard gift cards at Office Depot or OfficeMax, you'll receive an instant $15 discount at the register. This translates to a 5% discount right off the bat. The official limit is 10 transactions per household or business, but individual stores may have their own policies, so it's worth checking with your local store beforehand.

Why This Matters for Credit Card Rewards

This deal isn't just about saving $15. It's about strategically using your credit cards to earn points, miles, or cashback on a purchase you can later use almost anywhere. Think of it as buying rewards at a discount!

  • Meeting Minimum Spending Requirements: Are you chasing a welcome bonus on a new credit card? This deal can help you quickly and easily meet your minimum spending requirements.
  • Earning Category Bonuses: Many credit cards offer bonus rewards for spending at office supply stores. Use one of these cards to maximize your earnings on this purchase. Cards that offer bonus points at office supply stores would be ideal.
  • Generating Spend: Even if you don't have a category bonus, simply using a rewards credit card will earn you points or cashback on the purchase.

Strategic Gift Card Usage

Now, let's talk about what to do with these Mastercard gift cards. Here are a few ideas:

  • Everyday Expenses: Use the gift cards for groceries, gas, dining, or other everyday purchases. This is a great way to indirectly earn rewards on spending that might not otherwise qualify.
  • Online Shopping: Many online retailers accept Mastercard gift cards, making them perfect for online purchases.
  • Gifting: Of course, you can always give the gift cards as presents for birthdays, holidays, or other special occasions.

Maximizing Your Rewards: A Step-by-Step Guide

  1. Choose the Right Credit Card: Select a credit card that offers bonus rewards at office supply stores, or a card where you need to meet minimum spending requirements.
  2. Plan Your Purchase: Calculate how many gift cards you need to reach the $300 threshold (or multiples thereof, up to the limit).
  3. Visit Office Depot/OfficeMax: Head to your local store and purchase the gift cards.
  4. Redeem Your Savings: Enjoy the instant $15 discount at the register.
  5. Use Your Gift Cards Strategically: Put your gift cards to work for everyday expenses or online shopping to further leverage your rewards.

Important Considerations

  • Activation Fees: Be aware that Mastercard gift cards typically have activation fees, which will eat into your overall savings. Factor this into your calculations. Aim to purchase denominations that minimize the impact of these fees.
  • Store Policies: Confirm the purchase limit and acceptable payment methods at your local store.
  • Expiration Dates: Check for expiration dates on the gift cards and plan to use them before they expire.

Don't miss out on this opportunity to boost your credit card rewards! By strategically purchasing and using Mastercard gift cards, you can unlock significant savings and maximize your earning potential.