Borders: 40% off One Item Coupon February 11, 2011 This post may contain a link to an affiliate. See my disclosure policy for more information. Borders is offering another new coupon: Save 40% off the list price of any item! This coupon is only valid through Monday, 2/14, so you’ll want to use it over the weekend. You must be a Borders Rewards Perks member to use this coupon. Thanks, Hip2Save!