Note: Staples Dividend$ has been replaced by the Staples EasyRewards program.
The key to the Staples Dividend$ program is to utilize it in
combination with the Staples Price Match policy. Staples has a
list of vendors that they will do online price matches
against, but matches at the Bricks and Mortar stores can be
done against any local competitors.
Staples Price Match policy is 110%, so if
you can find a lower price item at a competitor, Staples will
deduct 10% of the difference from the lower cost price. The
paradox is that the higher the Staples price is, the lower the
cost will be to users of the price match policy, so higher
prices are actually better.
Many customers practice arbitrage against the chains
Buy and FutureShop
as well as small local shops such as Canada
Computers. Free items are occasionally possible. These can
usually be spotted by finding heavily discounted commodity
products in competitor's weekly flyers.
The Dividend$ program provides a rebate based
on the amount of purchases per quarter. This is an ideal
program if you are a large consumer of office supplies for a
business. Many people charge the expenses to a corporate
credit card (and write off the expense), while retaining the
membership benefits for their personal use.
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