I’m currently in the middle of Saverocity’s Milemadness tournament. So far, the results have me in 2nd place or 1st place if you look at all the factors. As awesome as it looks, I don’t know whether I can keep it up due to my impeding cold that is probably going to last for the good part of the week. I will be writing another post soon showcasing how I was able to manufacture over 100,000+ points in one week but today, I want to talk about a way to Triple Dip when doing some manufactured spending.
Update: Looks like you have to add the Chase Ink Bold to Shopkick first to see the Office Depot deals.
Dip 1: Chase Ink Bold or Plus
Currently, the Chase Ink Bold or Plus cards offer 5X the points at office supply stores. This used to be beneficial for many as Office Depot once sold Vanilla Reloads on credit cards. However, nowadays most office supply stores only let you buy cards that are valued at up to $200. In addition to that, the cards usually come with a $6.95 fee. It doesn’t seem like the most lucrative amount but there are ways to make the cost of that fee drop. What you’ll need first is one of the Chase Ink Cards.
Dip 2: Plink
Plink is a shopping program that rewards you for shopping at different merchants. The overall concept is to spend a certain amount of money somewhere and in return, be awarded a set of points. Frequent Miler has talked about Plink extensively so I wont go into it that much. For the past few months, one of Plinks partners was Staples. They would offer 300 points for every $60 you spent up to 10 times/month. This meant that you could earn close to $30/month back in gift cards to offset the cost of purchasing from Staples.
You can use my Plink Referral Link if you’d like! You’ll earn 300 points for signing up!
Whenever I shopped at Staples, I would go into the store and separate my transactions with the cashier. This meant that if I had (5) $200 Visa gift cards, I would run each gift card separately to earn 300 points each time. The cost of each gift card was $6.95 and Plink would help by offsetting around $3 from that bringing the cost down to $3.95. As great as this sounded, I could only do it 10 times a month and the gift cards I could redeem Plink points for were mainly stores like Amazon, Walmart and other retail outlets. As unethical as it sounds, you can technically take the $10 gift cards you get and cash them out for money at Walmart’s in California. I personally haven’t done that and don’t plan to but I just realized it while writing this post.
As of March 11th, Plink dropped Staples and added Office Depot. In their clause, Staples was limited to 10 times/month but I see no mention of that with Office Depot.
Dip 3: Shopkick
Shopkick has been around for a while now and they are more of a mobile app based company. They are almost the same as Plink but also offer extra “kicks” for walking into stores and scanning different items in those stores. Shopkick also offers points at Office Depot and is the third ingredient for this triple dip.
When purchasing something at Office Depot, you’ll want to make sure to download Shopkick and add the credit card you will be using. Once added, purchase your gift cards one transaction at a time to maximize the value. Points usually take up to 2 weeks to post but they show as pending around 2 days after purchase. The below screenshot shows a test I did for one transactions for $1000. I did not split it up but plan to on my next run.
Here is a link to the Shopkick rewards list. It is a little less valuable than Plink but these points add up.
If I were to go into Office Depot tomorrow and buy $1000 worth of Visa Gift Cards, this is what the final costs would be:
$34.75 in fees ($6.95 * 5 cards)
$15 in Plink credit (300 points * 5 transactions)
$10 in Shopkick Credit (575 points * 5 transactions)
Total Cash Back: $25 to make costs go down to $9.75 (34.75-25)
Total Ultimate Rewards Points earned: 5170 ($1034 * 5X) = $71.34 according to Frequent Miler
As you can see, by using Plink and Shopkick, you can lower the costs of earning points from Office Supply stores.