Office Depot Worklife Rewards Visa: 5% Rebate on All Office Depot Purchases

Chase just announced the release of the Office Depot Worklife Rewards Visa Signature Card. This new OfficeDepot credit card has both a consumer and business version. Its key features include:

• 5% rebate (in statement credit) on OfficeDepot purchases with no exclusions
• 1% rebate on all other purchases
• $25 bonus after first purchase made with the card
• 0% intro APR on purchases and balance transfers for up to 6 months (with a BT fee of 3%, min $5, max $99)
• Purchases made prior to March 1, 2008 that equal to or greater than $499 may qualify for a Deferred Interest Promotion, where no payments need to be made until January 2009*

One inconvenient feature of the card is that it requires a purchase to be made at Office Depot before your rebates are released to you. If a purchase is not made at Office Depot within a given month, rebates will continue to accrue until the next Office Depot purchase is made, at which point the rebates will be applied as a statement credit. You can find the Worklife Rewards Visa application here.

Other Credit Card Options for Purchasing Office Supplies
If you are looking for a good credit card to use on office supplies, however, you should consider a few alternatives. Consider the benefits of the American Express SimplyCash Business Card:

• Earn a full 5% cash back on gas, office supplies (at any office supply store) and wireless service
• Earn 1% everywhere else
• 0% intro APR on purchases for up to 12 months

In addition, as part of the Amex’s OPEN savings network, using the SimplyCash card gives you automatic discounts ranging from 3 to 25% on purchases at companies like FedEx, Delta, and Hertz.

A couple other cards to consider are the Discover Business Card (with review here) and the Advanta Business Card with Rewards, both of which also give 5% cash back at office supply stores.