A $50 or $100 gift card will incur $5.95 in fees and $200 gift card will incur a $6.95 fee. If possible, you should buy 2 X $200 MasterCard gift cards and you would pay $13.90 in fees for a $20 Staples gift card . If you have Chase Ink credit card which offers 5X cashback at Office supply stores you could also earn $20.68 ($413.90 X 5).
I suggest hitting the stores as soon as possible, as the $200 cards tends to run out very soon. if you do not see the cards on the rack, do ask as a store associate as they tend to store a few in the back.
This could be a better deal if the rebate was a $20 visa card. However, it may still be an useful offer to meet any spend requirements or for bonus points.
You can submit the rebate through Easy Rebates, an easy online process. In my past experience, I have always had good success with these rebates. There is a limit of one rebate per household.
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From 04/23 through 04/29, you can get a $20 staples gift card when you purchase $300 or more in MasterCard gift cards.
Remember that, Staples also sells a lot of household items, in case you are not a fan of technology products and office supplies.
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Editorial Note: Opinions, analysis and any calculations shown are authors alone. Information in this post is not reviewed, approved and endorsed by any airlines, frequent flyer programs or financial institutions