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Figure out how to convert 250 $200 Visa Gift Cards into $50k cash and make $2900+

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Boner_18

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Good old fashioned credit card points hustle. Don't know how to make the final piece work...

Chase Ink card 60,000 bonus sign up points and 5x points on up to 50k purchases @ Staples (where $200 Visa cards are $207/ea). Pts are worth approx $.015/ea.

60k + (5x50k) = 310k
$.015x310k = $4650
4650 - (7x250) = $2900 (this step to cover the $7 fee for the gift card)