Premium Annual Passholders are eligible to receive a 20% discount and all other Annual Passholders are eligable to receive a 10% discount on select merchandise purchases at Walt Disney World® Resort owned and operated Merchandise Locations. Discount is not valid at Bibbidi Bobbidi Boutique or on purchases of ticket media, gift certificates, Disney gift cards, videos, DVDs and CDs, Disney Dollars, sundries, periodicals, digital and video cameras, disposable cameras, film, consumer electronics (e.g., CD players, TVs, DVD players), tobacco, alcohol, Add-a-Dollar (Wildlife Conservation Fund), postage stamps, all Titleist and Cobra golf equipment, National brand fragrances, treatments and cosmetics, Personalization, Lladro, Armani, Hummel, Swarovski Crystal, Walt Disney Classics Collection, other collectibles and select merchandise. May not be combined with any other discount, offer or promotion. Not valid on previous purchases. A valid Walt Disney World Resort Annual Pass must be presented at time of purchase to receive discount.