Disney Visa Question

[spaceghost]

Hello-

I have the Disney Visa card and was planning on using it for the family trip later this year. However, having not used it when booking a trip before, I have a question on the 6 months 0% feature. Is the 6 months from when we first book and pay the $200 deposit, or from when we pay off the balance? Or is it split based on when the payments were made? 6 months no interest on the $200 deposit isn't really that handy when you book 9 months out and don't make your final payment until after the 6 months is up. Just curious how this works as it may impact when I book. I'm planning on paying off the card when I get my bonus at the end of the year, so I'd rather have no interest accrue until I pay it off (obviously). Thanks for any input!

 

[tigsmom]

Direct from their site...

0% APR vacation financing for 6 months from the date of purchase on select Walt Disney World® and Disneyland® Resorts vacation packages, all Disney Cruise Line® packages and Adventures by Disney packages when you pay with your Disney Rewards Visa Card. You can take advantage of this anytime you travel when you or your travel agent book through the Walt Disney Travel Company and purchase a ticket inclusive Disney vacation package.2

 

[spaceghost]

Direct from their site...

0% APR vacation financing for 6 months from the date of purchase on select Walt Disney World® and Disneyland® Resorts vacation packages, all Disney Cruise Line® packages and Adventures by Disney packages when you pay with your Disney Rewards Visa Card. You can take advantage of this anytime you travel when you or your travel agent book through the Walt Disney Travel Company and purchase a ticket inclusive Disney vacation package.2

Well, that's the thing...is the date of purchase when I book it or when I pay for it? I'd think it would be from when I pay for it, since I don't "purchase" something until I pay for it. However, the vibe I get is that its when I book...that's what I'm not sure of.

 

[tigsmom]

Well, that's the thing...is the date of purchase when I book it or when I pay for it? I'd think it would be from when I pay for it, since I don't "purchase" something until I pay for it. However, the vibe I get is that its when I book...that's what I'm not sure of.

Nope, its the day you book. When you use a credit card the purchase is immediate, not when you pay it off. The bank pays the company and you pay the bank.

 

[spaceghost]

Nope, its the day you book. When you use a credit card the purchase is immediate, not when you pay it off. The bank pays the company and you pay the bank.

Right, but what I was referring to was the fact that I can book my trip for December now, pay $200 now, and not have to pay off the rest of the balance until 45 days before the trip...which would be October sometime. So, if I used the card in that way I'm really only getting 0% interest on the $200, which really isn't that much of a benefit.

 

[Miss Bell]

I can answer this, because I've done it a number of times. It is six months from the time of each charge. When you pay the $200.00 deposit, it will be charged on your card, but will go in a different place on your bill that says how long it is until the interest kicks in. The same thing will happen when you pay the balance of your trip.

For example, I just paid the balance of the trip I am going in March, so the six months for that amount kicks in now. If I hadn't already paid off the 200 I paid 4 months ago, I'd still have two months left before the interest kicks in on that.

 

[DME]

Call Chase and ask them directly....I'm sure they'll know.

 

[spaceghost]

I can answer this, because I've done it a number of times. It is six months from the time of each charge. When you pay the $200.00 deposit, it will be charged on your card, but will go in a different place on your bill that says how long it is until the interest kicks in. The same thing will happen when you pay the balance of your trip.

For example, I just paid the balance of the trip I am going in March, so the six months for that amount kicks in now. If I hadn't already paid off the 200 I paid 4 months ago, I'd still have two months left before the interest kicks in on that.

Aha! Great! That's what I was hoping for. I had e-mailed Chase, and would've called them next, but I figured that there would be plenty of folks here who have done this before and could tell me. Thanks again!

 

[tigsmom]

Aha! Great! That's what I was hoping for. I had e-mailed Chase, and would've called them next, but I figured that there would be plenty of folks here who have done this before and could tell me. Thanks again!

Right, each time you pay off a piece its considered a new purchase even though its going to pay off the same package/trip. In reality you get more than 6 months/package.