Borders: 40% off One Item Coupon! October 1, 2010 This post may contain a link to an affiliate. See my disclosure policy for more information. Borders is offering up a new high value in-store coupon: Save 40% off the list price of any one item! You must be a Borders Rewards Perks member to use this coupon. Expires 10/4/10. Thanks, Hip2Save!