Update: PayPal is now offering a very similar deal with up to 20% in savings on iTunes gift cards. Today’s deal is available on $25, $50 and $100 cards and is once again redeemable across all of Apple’s digital distribution stores.

Staples offers the iTunes Gift card in the $50 size for $40 without tax or shipping. That’s $10 off and tied for the lowest price we’ve seen. Included in the gift card purchase price is a $1.99 Secure Shipping Fee which covers trackable shipping through the US Post Office, to ensure safe arrival.

iTunes Gift cards can be used on Mac or iOS apps, games, music, videos, books and more.

Limit 4 ($200 in iTunes for $160). Use the $40 you saved on another gift card using a different email address ;)

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