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Disney Rewards credit card
- Thread starter G00fyDad
- Start date
DisneyGigi
Well-Known Member
Rewards and early booking for discounts like free dining. And character meet & greet op at EPCOT as well as some other special events sometimes. I use mine for just about everything then pay it off regularly just for the Disney rewards.
gooftroop5
Well-Known Member
You also get discounts at the Disney Store as well as shopping at some of the WDW locations. We have one and use the rewards card for our ADRs so we never pay for a sit-down meal while at WDW. Instead of cash back you get $$ for Disney (can use it for reservations, food, shopping, etc).
UnhealthilyObsessed
Well-Known Member
I opened one a few months ago because they were running a promo where if you spent $500 in the first three months, they sent a $200 Disney gift card. So we knocked $200 off our November trip! See if they're still running that promo.
There's better credit cards for earning rewards, but that promo alone made the card worth opening. Plus the little perks in the parks (a Disney Chase lounge in Epcot during Food & Wine, Disney Chase Character Spot, etc.) are fun. But probably not great as your primary credit card.
There's better credit cards for earning rewards, but that promo alone made the card worth opening. Plus the little perks in the parks (a Disney Chase lounge in Epcot during Food & Wine, Disney Chase Character Spot, etc.) are fun. But probably not great as your primary credit card.
Chef Mickey
Well-Known Member
No debt = good.
If you're calling it another card, I'm just thinking another card might not be the best situation.
Plus, Disney card just makes you spend more money. Get a cash back card instead.
If you're calling it another card, I'm just thinking another card might not be the best situation.
Plus, Disney card just makes you spend more money. Get a cash back card instead.
pluto77
Well-Known Member
You get discounts off all the backstage torus too, and most gift shops if you spend $50 or more gives you like 10% off. I think at DL you can get a discount off at some restaurants too. The rewards are just 1% of what you spend, or if you get the premium card you also get 2% back at gas, grocery stores, restaurants, and disney locations. It's worth it if you pay your card off every month, but some people find other rewards cards to be better.
Maybe not for most people, but I make enough to handle two credit cards and I do not think of it as "free money" like too many people do these days.
MattC
Well-Known Member
We did the same thing.
FrostyNaples
Well-Known Member
In the Spring the promo was $100 off first purchase. My wife & I both opened separate cards to receive the discount x2. Saved us $200.
Now we did the higher card to get the 2% back, so there is a $49 annual fee. So that cuts into the promo, but still came out on top.
Even better, we did this about 30 days before our WDW trip, and as soon as my wife's card had a first statement, we redeemed the points, used them at WDW, and cancelled just her Disney Visa, keeping mine.
Since her account was opened and closed so soon, they refunded the $49 fee on her account, but we still got to keep the promo. Must have been a loop hole there.
So now we jointly use one Disney Visa for everything we normally would, and average about $30-$40+ Disney Doller Rewards per month. This is Gas 2%, Groceries 2%, Dining 2%, and everything else 1% back on every purchase, it adds up! Great way to save for Disney
.
We are hopeful to pay for most of the hotel stay in the Spring, well worth it for us.
Now, I don't want to hear from you credit card critics, we have no revolving balance, thus no interest charged on any statement, so we are 100% reaping the rewards.
To the comment above, "No Debt = Good Debt", that's an ignorant statement. Nuff said.
The discounts are great, but we use it primarily for the Disney Dollars. Our AP gives us the same shopping discounts @ WDW, but without the $50 min purchase the Visa card requires.
They do run other promos like special Visa cardholder only character meets, hotel promotions (which are usually the same as FL Resident, or AP holder rates), as well as other limited time only ticket events and such. Also, and WDW Ticket Purchases, Hotel Reservations, when you use the Disney Visa is 2% on those, so even when your booking your vacation your already adding points!
Just like any other "credit" worthy "tool", everyone's case is different, and you should qualify yourself to the risks/benefits. We ALL have different circumstances.
Now we did the higher card to get the 2% back, so there is a $49 annual fee. So that cuts into the promo, but still came out on top.
Even better, we did this about 30 days before our WDW trip, and as soon as my wife's card had a first statement, we redeemed the points, used them at WDW, and cancelled just her Disney Visa, keeping mine.
Since her account was opened and closed so soon, they refunded the $49 fee on her account, but we still got to keep the promo. Must have been a loop hole there.
So now we jointly use one Disney Visa for everything we normally would, and average about $30-$40+ Disney Doller Rewards per month. This is Gas 2%, Groceries 2%, Dining 2%, and everything else 1% back on every purchase, it adds up! Great way to save for Disney
.We are hopeful to pay for most of the hotel stay in the Spring, well worth it for us.
Now, I don't want to hear from you credit card critics, we have no revolving balance, thus no interest charged on any statement, so we are 100% reaping the rewards.
To the comment above, "No Debt = Good Debt", that's an ignorant statement. Nuff said.
The discounts are great, but we use it primarily for the Disney Dollars. Our AP gives us the same shopping discounts @ WDW, but without the $50 min purchase the Visa card requires.
They do run other promos like special Visa cardholder only character meets, hotel promotions (which are usually the same as FL Resident, or AP holder rates), as well as other limited time only ticket events and such. Also, and WDW Ticket Purchases, Hotel Reservations, when you use the Disney Visa is 2% on those, so even when your booking your vacation your already adding points!
Just like any other "credit" worthy "tool", everyone's case is different, and you should qualify yourself to the risks/benefits. We ALL have different circumstances.
Chef Mickey
Well-Known Member
I understand the value of leverage in certain situations like real estate for people who know what they are doing. My understanding is actually fairly deep. I have a Master's in finance from Wharton and an MBA from U. of Chicago. You do however have to factor in risk. I hear it already..., "I can earn 10% in a high quality index fund versus the 3.5% I'm paying on my mortgage...so why not take every dollar I have and put it to work for me and pay back cheaper money?" Sounds good in theory, numbers and studies show that it doesn't work in practice. People are not disciplined enough.
My comment was aimed at the average consumer. Credit cards are a slippery slope for most people and I was simply giving friendly advice to a person that said another card as if he had too many to manage already. Turns out, he's got it handled. All the proof I need is the terrible mess 80% of Americans are in financially. They simply don't know how to handle a simple budget, let alone effectively using leverage to better their financial position. More credits cards would not a good start for most people.
I use a credit card for every single purchase I make. I get the point system.
dreamfinder
Well-Known Member
You can usually get better rewards through other cards. The discounts aren't much, 10% off here or there. You can see special offers here -> https://disneyrewards.com/offers/, shopping discounts here -> https://disneyrewards.com/shopping-perks/, etc. It's not a bad card if you pay it off on time, but not worth carrying any sort of balance on.
JIMINYCR
Well-Known Member
Deciding on getting a Disney card was solely for the benefits we knew we would get to use at Disney on our trips. The reward points we build up over time always accumulates to where we can do something extra special on our trip or pays for extra dinners, souvenirs, gifts etc. We are careful with our finances and never have abused credit cards. Our trip payments get charged as well, but we have the money to always pay the balances off without fear of interest charges. We are charter members and have gotten lots out of having it in our wallet over the years.
Goofyernmost
Well-Known Member
The only rewards that I have ever seen were discounts on some merchandise and discounts on tours, etc. Everything that it benefits is connected with Disney, since it is a Disney card. Most of us though don't spend everyday of the year at a Disney park, so it doesn't do much the rest of the time. There are many other cards that give you a good payback benefit that aren't connected with Disney in any way. So, I guess, if you are going to spend enough time and enough money at Disney each year, it's worth having for your main card. I have one, but, I hardly ever use it.
Tribute Trainer
Member
I signed up recently just because of the deal they were offering with a $200 giftcard after you spend $500. That alone made it worth it to me to signup. The great part was that the giftcard arrived yesterday and only took about a week to make it to me after I hit my $500.
enough
Well-Known Member
Sign-on bonuses are great, but long term there are better cards to help grow your travel savings. Some require more work than others (rotating benefits that have 5% cash back at certain stores during a quarterly period) or a flat 1-2% cash back on categories. Others are better for accumulating airline miles (the SPG card for example gives you 5k bonus miles every time you transfer at least 20k base miles).
here's a good general site on CC rewards: http://thepointsguy.com/
best travel rewards cards: http://thepointsguy.com/2014/01/top-5-credit-cards-for-travel-rewards/
best cash back rewards cards: http://www.thesimpledollar.com/best-cash-back-credit-cards/
here's a good general site on CC rewards: http://thepointsguy.com/
best travel rewards cards: http://thepointsguy.com/2014/01/top-5-credit-cards-for-travel-rewards/
best cash back rewards cards: http://www.thesimpledollar.com/best-cash-back-credit-cards/
rwdavis2
Active Member
We have the premier version that gives 2% on gas, restaurants, and groceries. We use it for everything and pay it off every month. We've earned over $800 in the last couple of years. we'll be using the rewards for our next trip in 2016. It should at least cover the hotel expenses.
Add in the discount and it's a no brainer. we just have to make sure we pay it off every month.
Add in the discount and it's a no brainer. we just have to make sure we pay it off every month.