OM $10 off $200 or more in MC or V GCs
Jun 8, 2013, 5:09 pm
#16
Join Date: May 2013
Posts: 939
Good suggestion! I did a side-by-side comparison of Chase Ink Bold/Plus vs. Amex Biz card to see what would be more lucrative. I found that the valuation is very close, if you value UR/MR points the same. I assumed $10 savings are applied to the total purchase amount.
For Amex Biz Open:
Purchase Price: $400 (2 $200 cards, one transaction to get over $250)
Activation: $13.90
Savings: $10 (one $10 discount per transaction)
OPEN Savings: $40 (10% of total)
TOTAL: $363.90
Money earned: $36.10
Amex MR earned: 404
Points valued: $7.27
Total value earned: $43.37
Return: 10.84%
Chase Ink:
Purchase Price: $400 (2 $200 cards, two transactions)
Activation: $13.90
Savings: $20 (two $10 discounts)
TOTAL: $393.90
Money earned: $6.10
Chase UR earned: 1970
Points valued: $35,46
Total value earned: $41.56
Return: 10.39%
Hope this helps someone....
For Amex Biz Open:
Purchase Price: $400 (2 $200 cards, one transaction to get over $250)
Activation: $13.90
Savings: $10 (one $10 discount per transaction)
OPEN Savings: $40 (10% of total)
TOTAL: $363.90
Money earned: $36.10
Amex MR earned: 404
Points valued: $7.27
Total value earned: $43.37
Return: 10.84%
Chase Ink:
Purchase Price: $400 (2 $200 cards, two transactions)
Activation: $13.90
Savings: $20 (two $10 discounts)
TOTAL: $393.90
Money earned: $6.10
Chase UR earned: 1970
Points valued: $35,46
Total value earned: $41.56
Return: 10.39%
Hope this helps someone....
Damn...you just made me want to get on the bizcard churn train...
Jun 8, 2013, 9:03 pm
#20
Join Date: Feb 2005
Location: So Cal
Programs: UA Gold/0.744MM, WN AL, Hyatt Diamond, MR Scum, Hertz PC, National Exec, Avis PC
Posts: 5,560
Jun 9, 2013, 8:31 am
#21
Join Date: Oct 2012
Posts: 38
Good suggestion! I did a side-by-side comparison of Chase Ink Bold/Plus vs. Amex Biz card to see what would be more lucrative. I found that the valuation is very close, if you value UR/MR points the same. I assumed $10 savings are applied to the total purchase amount.
For Amex Biz Open:
Purchase Price: $400 (2 $200 cards, one transaction to get over $250)
Activation: $13.90
Savings: $10 (one $10 discount per transaction)
OPEN Savings: $40 (10% of total)
TOTAL: $363.90
Money earned: $36.10
Amex MR earned: 404
Points valued: $7.27
Total value earned: $43.37
Return: 10.84%
Chase Ink:
Purchase Price: $400 (2 $200 cards, two transactions)
Activation: $13.90
Savings: $20 (two $10 discounts)
TOTAL: $393.90
Money earned: $6.10
Chase UR earned: 1970
Points valued: $35,46
Total value earned: $41.56
Return: 10.39%
Hope this helps someone....
For Amex Biz Open:
Purchase Price: $400 (2 $200 cards, one transaction to get over $250)
Activation: $13.90
Savings: $10 (one $10 discount per transaction)
OPEN Savings: $40 (10% of total)
TOTAL: $363.90
Money earned: $36.10
Amex MR earned: 404
Points valued: $7.27
Total value earned: $43.37
Return: 10.84%
Chase Ink:
Purchase Price: $400 (2 $200 cards, two transactions)
Activation: $13.90
Savings: $20 (two $10 discounts)
TOTAL: $393.90
Money earned: $6.10
Chase UR earned: 1970
Points valued: $35,46
Total value earned: $41.56
Return: 10.39%
Hope this helps someone....
Anyway, there's no $200 GCs in my local OM
Jun 9, 2013, 9:47 am
#22
Join Date: Apr 2013
Posts: 19
Yeah, they probably just want people to buy the lower value/higher fee GCs to make the 200+ purchase, give themselves more foot traffic, and up their sales on packs of gum to go with the GC purchases.
"SAVE $10 when you purchase $200 or more in MasterCard® and
Visa® gift cards"
Those lower value GCs will affect those calculations a lot, and not in a good way. Here's hoping that people find some 200's in stock and have good cashiers!
"SAVE $10 when you purchase $200 or more in MasterCard® and
Visa® gift cards"
Those lower value GCs will affect those calculations a lot, and not in a good way. Here's hoping that people find some 200's in stock and have good cashiers!
Jun 9, 2013, 10:08 am
#24
Join Date: Oct 2007
Location: DFW
Programs: AA EXP, Marriott Gold, Hilton Diamond, Hyatt Plat, CC Gold, IHG Plat Amb, Choice Plat
Posts: 306
it is not instant.. cashier had to scan a discount code…my store allows just one card per customer per day…not worth the hassle for me
Jun 9, 2013, 11:46 am
#25
Join Date: Apr 2012
Location: Michigan
Programs: Hyatt Globalist
Posts: 503
Just got back from two OfficeMax locations near me - each location let me buy 4 $200 Visa GCs (8 total) for $1,575.60 ($24.40 MM), and more importantly 7,878 Chase UR points using my Ink Bold. Apparently, around here they're not too strict on the 1pp limit.
Jun 9, 2013, 11:48 am
#26
Join Date: Jan 2006
Location: SEA, ROA, DHN
Programs: DL DM (Now Gold...)
Posts: 176
Report from 9 June at ~10:30 @ Office Max
Report from this morning, 9 June 2013 at ~10:30. My Office Max did not have any $200.00 MC or Visa gift Cards in stock (Did have $200 Amex GCs, but as the promo did not list Amex GCs I did not try). They did have $100.00 Visa GCs issued by MetaBank listing www.giftcardmall.com on the back for $5.95 load fee. I bought every $100 Visa they had in stock, two per transaction, with my Ink card. Cashier had to scan the bar code in the weekly coupon book for the $10.00 to come off each transaction. I did set the pin on one of the purchased GCs via phone with no issue. Does anyone know if this is necessary or can I just set the pin on my first transaction with the card?
Thanks to the OP for posting!
Thanks to the OP for posting!
Jun 9, 2013, 12:42 pm
#28
Original Poster
Join Date: Jan 2012
Location: Southern California
Programs: UA Platinum, Marriott Gold, SPG Gold, Club Carlson Gold
Posts: 317
I was able to get 5 x $200 at one location...had to tell the cashier that "you have to scan the bar code in the book." There are no signs about the promo and she didn't know about it, and since the register doesn't automatically take it off, you'll probably have to inform your cashier too. I just chatted her up as she did separate transactions - she didn't even question it. The ad clearly says "one per transaction", but YMMV if you get someone who interprets that as one per person, household, or day. Be friendly! 
Very few $200s available though...maybe some new ones will come in with a shipment later. Does anyone know if OM regularly gets stock on a particular day of the week?
Very few $200s available though...maybe some new ones will come in with a shipment later. Does anyone know if OM regularly gets stock on a particular day of the week?
Jun 9, 2013, 2:05 pm
#30
Join Date: Nov 2010
Location: South NJ
Posts: 263
I can also confirm that the $10 is applied as savings, it is not a rebate. The cashier has to scan the promo code separately.
Bought 13 $200 cards and 20 $100 cards total. Made $20.65, plus earned 23000 UR points! Sweet! Now off to Wal-Mart.
Bought 13 $200 cards and 20 $100 cards total. Made $20.65, plus earned 23000 UR points! Sweet! Now off to Wal-Mart.