Staples' Secret: Double Dip on Rewards with Points Offers!

RewardSmart users, get ready to maximize your earnings! Staples is currently running targeted promotions that offer a chance to earn significant points back on select product categories. While specific offers may vary, the core strategy remains the same: leverage these promotions with the right credit card to double-dip on rewards.

Decoding the Staples Points Play

These types of promotions usually involve earning Staples Rewards points on purchases. The key is understanding the value of these points and how they translate into real savings. While the exact redemption rate may vary, Staples Rewards points generally offer a decent return, especially when combined with a strong credit card rewards strategy.

The Credit Card Connection: Maximizing Your Return

Here's where your RewardSmart knowledge comes into play. To truly maximize these Staples offers, you need to strategically select the right credit card for your purchase. Consider these factors:

  • Category Bonuses: Does your credit card offer bonus rewards for purchases at office supply stores? Many cards, particularly business credit cards, offer elevated rewards in this category. This is your first target.
  • Everyday Spending Cards: If you don't have a dedicated office supply bonus card, opt for a card that offers a high flat-rate reward on all purchases (e.g., 2% cash back or equivalent points).
  • Staples Credit Card: While tempting, carefully evaluate the Staples credit card. While it may offer bonus rewards at Staples, compare its overall rewards structure and APR to your existing cards to ensure it's the best option for you. For many, a general rewards card or one with an office supply bonus will be a better choice.

Strategic Implementation: A Practical Example

Let's say Staples is offering 100% back in points on cleaning supplies (hypothetical example) up to a $40 limit. You decide to purchase $40 worth of eligible items. Here's how to maximize your rewards:

  1. Choose the Right Card: Use a credit card that offers 5% back at office supply stores (if you have one) or a 2% flat-rate card.
  2. Earn Staples Points: Receive the equivalent of $40 back in Staples Rewards points.
  3. Redeem Strategically: Use your Staples Rewards points on future purchases you would have made anyway, maximizing their value.

The Calculation: You effectively get the cleaning supplies for free (after redeeming the points) AND earn an additional 5% (or 2%) cash back from your credit card. This is a double-dip win!

Important Considerations

  • Read the Fine Print: Always carefully review the terms and conditions of the Staples offer to ensure you understand the eligibility requirements and any limitations.
  • Track Your Points: Keep a close eye on your Staples Rewards points balance and redemption options.
  • Compare Offers: Don't assume every Staples promotion is a great deal. Compare prices with other retailers to ensure you're getting the best overall value.

RewardSmart Takeaway

Staples offers a great opportunity to stack rewards. By combining their promotions with strategic credit card usage, you can significantly boost your overall returns on everyday purchases. Always remember to read the fine print, track your points, and compare offers to ensure you're maximizing your savings. Happy rewarding!