Office Depot Now Stocking $500 Visa Giftcards?
Ariana Arghandewal July 03, 2013
After taking Vanilla Reloads and American Express Prepaid cards off the shelves, it appeared Office Depot was no longer the cash point cow it used to be. That has changed, as the chain has brought back $500 Visa Giftcards.
These are the same PIN-enabled giftcards that can be loaded onto a Bluebird prepaid card and then used to pay off your credit card. For newbies reading this, there are certain credit cards that pay out 5 points per $1 at office supply stores, making this a very lucrative way to accrue lots of points cheaply.
The important thing to keep in mind is not to go overboard with giftcard purchases. The Vanilla Reload and Amex Prepaid cards were discontinued because of major abuse. Please steer clear of emptying the racks and drawing the attention of management.
The second thing to keep in mind is that if you purchase too many of these cards at once, the card issuer will shut you down for using the card “not as intended.” Since the best card limits the 5x benefit to the first $50,000 spent every 12 months anyways, don’t go overboard. Keep it under $5,000 per month and you’ll be racking up the points for a long time.
Have you been to your local Office Depot store? Is it stocked or already wiped out?
Ariana Arghandewal is the managing editor of Frugal Travel Guy.
If you load at Wal-Mart, whether at ATM (money center) or at POS, it is free. No charge. Limit is 1000/day. It shares the limit with Vanilla reload.
Doesn't bluebird have a daily debit card load limit of 100$ with a 2$ fee?
Spotted both variable visas and reloads. The reloads wouldn't ring up at the cashier. Mgr said it most likely was a stocking mistake by their vendor. Mgr also thought Chase removed the office supply bonus because Chase asked OD to remove the reloads and variable visas. I don't necessarily believe that part, but I thing Mgr may be right about the VR vendor mistake.