Disney Visa question

[tinkfan05]

For those of you who have Disney Visa's how much $$ in reward dollars have you accumulated by using your card? I was just thinking that if I use my card for EVERYTHING (groceries, house payments, car payments, utilities etc) that I could possibly have almost and extra $500 saved before we go on our trip! Can you use your Disney Visa for things like house payments, car payments and utilities? I write my checks monthly for these things anyways, I may as well just use my card, save lots of stamps and just pay the credit card off every two weeks or so, so that no finance charges get applied.

 

[MIDisneyFamily]

I looked into paying house payments sometime back, but credit cards generally will view that as a "cash advance", which does NOT generate rewards--and will probably also have different financing terms.

Something else to watch for... If you decide to finance your Disney vacation and intend to take advantage of the "6 months no interest" deal with Disney Visa, I'd watch for a "catch". I'm pretty sure that there will be a clause in the fine print that says something like "principal payments will be applied first to the lowest interest rate balance." This is on most credit cards offering temporarily low rates for balance transfers, etc.. So, my understanding is that you can't pay off OTHER things that are accruing interest while you have a balance sitting there at "0% interest".
For this reason, I only used the Disney card to charge my actual vacation. I used another credit card that also pays 1% for other purchases.

Also, I like the fact that my other card actually gives me CASH back, vs. "Disney dollars". I like Disney, but I like flexibility more. Now, if they'd make it 5% in Disney dollars, I'd use the Disney card more, but if they're the same, I don't see why I should limit myself to only being able to use it for Disney purchases.

We called on that paying the lowest intrest first catch. They said for the first six months, its like the balance doesnt exist. No payments go to the 0% untill the 6 mnths is up. than, if you havet paid it off, yes, the lowest intrest aftrer the 6 months does get paid off first. But you can always call, and pay that )5 portion off first at anytime by calling them to direct your payments correctly.

We use the Disny rewards as a way to save extra for our annual trip. I can see how a cash reward is better if flexibilty is an issue though.

 

[rimousefan84]

i have had my disney visa for about 6 years now and absolutely love it. They constantly send me double, triple and sometimes 5 times the points. During these time periods i charge EVERYTHING i can on the card. I dont pay it off every week but i do eliminate the ballance before the pay period as the interest rate is pretty poor.

 

[BlizzardPoke]

Like just about everyone here, I charge EVERYTHING on my card. If they take credit, it goes on the card. I also pay it off every month so I never have finance charges. I just cashed in my rewards for my trip in April, and in 3 years, I had $514 Disney Dollars. Needless to say, that helped the vacation A LOT!!

 

[Boray]

Yep, balance or not, the points are still accumulated, and you can cash them in. I dont know what happens if you have missed a payment or your late though.
Also, We have the card we used to tranfer the points into dollars, and you just call them , and they tranfer any dollar amount you want from points into dollars onto the same card. You can also do that at the Customer service area in Downtown Disney too. Your oints are only added at the end of each billing cycle though.

I'm glad I'm wrong ! I was sure that you had to have your payments up-to-date in order to redeem the points, but if not, then it's nice to know that they are available for use, regardless of a balance. :wave:

 

[Boray]

i have had my disney visa for about 6 years now and absolutely love it. They constantly send me double, triple and sometimes 5 times the points. During these time periods i charge EVERYTHING i can on the card. I dont pay it off every week but i do eliminate the ballance before the pay period as the interest rate is pretty poor.

I've had my card since day one and I've never received anything that allows me double, triple, etc. the points. How and when does that happen? Do you have to use it for certain purchases or spend a certain amount? Please let me know, I'd like to get more than just 1% back!

 

[Shere_Khan]

i have had my disney visa for about 6 years now and absolutely love it. They constantly send me double, triple and sometimes 5 times the points. During these time periods i charge EVERYTHING i can on the card. I dont pay it off every week but i do eliminate the ballance before the pay period as the interest rate is pretty poor.

When do you receive these offers for double and triple points??

Since the Disney Visa switched from Bank One to Chase, I have never received offers for double or triple points. I used to get them frequently when it was Bank One but it wasn't on all purchases during a period, it was always limited to booking trips or using the card at certain Disney store. Since it has been Chase there have been none. And it has been Chase for about 2 years now if I am not mistaken.

 

[DISMOM]

OK, share with everyone how you get 5% back. huh?
We last cashed in our Disney points May, 2006, and had $500 for food for the week at Disney. It was great. Since then, we have accumulated 525 reward dollars. The reward dollars or 'points' are good for 5 years from when they are credited to you account. The maximum for any year are 750. I tried to make car payments to the bank with my Disney Visa and the bank told me 'no way'. I love having my Disney Visa. I get lots of comments from store clerks and restaurant staff. It makes me think that our next vacation is closer to reality than it really is. ha.
We pay it off every month. Now, about that 5%???? answers please??!!

 

[Shere_Khan]

OK, share with everyone how you get 5% back. huh?

I don't think they do.
I have also had the card pretty much since it opened with Bank One, and while there were some offers for double or more points they were not for all purchases. Like I said before it was for booking a trip or going to the World of Disney and making a purchase.
Now that it is Chase there are absolutely no offers besides the Meet N Greet, discount on tours, etc.

 

[LoriMistress]

I don't use my Disney card much, but I used my $69 I had for my Disney Rewards to purchase our meal at Le Cellier on our Dec '07 vacation. Our entire meal was free!!!

 

[MIDisneyFamily]

Last summer/fall, I think it was aug-oct....they offered 3% on purchases. If your total purchases for a month totaled $300 dollars, then you earned triple points for each of those three months. The $300 total started at the begiining of each monthly billing cycle. there was a monthly limit to the triple points too, but it was a pretty high max. I would have to check for the other details that they had as far as restriction, but we did earn a lot of extra Reward dollars those 3 months.

 

[Shere_Khan]

Last summer/fall, I think it was aug-oct....they offered 3% on purchases. If your total purchases for a month totaled $300 dollars, then you earned triple points for each of those three months. The $300 total started at the begiining of each monthly billing cycle. there was a monthly limit to the triple points too, but it was a pretty high max. I would have to check for the other details that they had as far as restriction, but we did earn a lot of extra Reward dollars those 3 months.

Did they advertise it with inserts or on the bills or anything? I must have missed it, and that is a bummer!

 

[MIDisneyFamily]

The notice of the offer was sent on a flip open post card mailing. It was simmilar to the ones you get every few months with the Disney Rewards logo on it with other offeres and the like in it. I dont rememebr when that came exactly, it must have been July or Aug. But ever since I turned 40 last month my memory has slipped a little.

 

[colliera]

Like a lighting strike?

Apparently the higher than 1% reward rate is like the Disney "post card" discounted offers. Hard to say how and why they offer it. Currently I am on a January through March 5% reward rate. EVERYTHING is going through the card right now.

 

[faeryhollow]

We received an e-mail message from Chase that gas and groceries charged on the VISA would be rewarded at 5% for Jan. through March. We had to sign up for the special offer (which I did immediately!!). I assumed that everyone got the same offer, but I guess that's not the case?

 

[WI DISNEY FAN]

I received the 5X rewards card in the mail as well. It is for the months of Jan, Feb, and March. I earn 5x the rewards for every eligible dollar spent above $250.00 each month in any of the combined categories of gas, dining, drug stores, and groceries. Needless to say we have been using it for all of the above items. Once I received an offer for 3x the rewards for any charges made for dental payments. My son needed braces at the time and we earned a bunch of rewards dollars. As stated before you cant carry a balance or you negate any benefit in Disney Rewards.

 

[Disneyfalcon]

You can actually get about 45 days on purchases before you're charged interest. If your billing cycle starts on the 15th of the month, those charges won't be due until the billing cycle closes + payment due date. So charges I make on March 15th don't have to be paid until May 8th. Does that make sense?

I pay it off every month. Only the balance nothing more, and I pay no interest.

Also I charge all Disney vacations on it too. I pay off my regular balance each month and like someone explained before, the vacation amount sits there for 6 months. I don't tell them what to pay off, they automatically pay my balance off and if I've gone over a little, they take off some of the vacation balance.

The 6 month interest free ending dates are listed on the bill. I wait until a day or two before they come due and pay them off.

I received a double rewards dollars offer a few years ago, but nothing since.

 

[Miss Bell]

I just transfered our reward dollars onto the reward card for our trip next week (Yay!)

I noticed on the site it said that you could not accumulate more than $750 a year. I think this is new--I don't remember ever seeing it before.

I have been wondering what that "year" is. Since we usually take our trip the same time of year I usually take all of the dollars at this point in the year.

I also pay for most everything with this card, and pay it off every month. The four or so years, it has paid for all of our meals. We are doing the dining plan this time, so it's souvineer time, baby.

 

[JPBartsch]

So do just about all the restaurants, sit down and fast food, accept the rewards card for payment? We have a lot saved up and are hoping to use it for just about all our meals and souveniers.

 

[MIDisneyFamily]

you use the card anywhere, I dont think there is really any spot at wdw you can't use the Reward point's. You can get the points as dollars on the card they issue you, and you can add points to the same card next time you go too.

 

[wvdisneyfamily]

Watch for triple rewards and such during select months on select types of purchases. We recently got a 5 times the rewards on purchases of gas and groceries.