Credit card classification for DVC charge?

Discussion in 'Purchasing DVC' started by cseca, Jun 16, 2013.

  1. cseca

    cseca <font color=darkorchid>My legs are wimpy but my wi

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    Does anybody know what is DVC charge classified as on your credit card?

    Thanks!
     
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  3. MoreTravels

    MoreTravels Mouseketeer

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    For me, it's all "Travel"... so everything you buy from gift shop or Disney property, charged on room key, will be sent to your credit card as travel related stuff, just like an airlines ticket.
     
  4. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

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    Buying a DVC contract with a charge card is a 1% transaction.

    edit: a Disney Chase CC you can defer the interest on a $10,000 charge for 6 months.

    :earsboy: Bill
     
  5. Dean

    Dean DIS Veteran<br><a href="http://www.wdwinfo.com/dis

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    Is it treated as a cash advance?
     
  6. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

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  7. cseca

    cseca <font color=darkorchid>My legs are wimpy but my wi

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    Is it classified as travel? Real estate mortgage?

    I'm curious because one of our cc has a special for 5% coming up soon :)
     
  8. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

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    Not travel, maybe mortgage if you use it to pay for the loan.

    Good luck trying to find out for sure, I just spread my VGF purchase across my cards to find out how the charge is classified but each merchant account used at DVD applied a different description and the points won't appear on my statements for another billing cycle.

    :earsboy: Bill
     
  9. cseca

    cseca <font color=darkorchid>My legs are wimpy but my wi

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    Thanks!
    That's what I thought.
    I was hoping... the extra 4% is sweet :)
     
  10. Dean

    Dean DIS Veteran<br><a href="http://www.wdwinfo.com/dis

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    Thanks, I thought you were saying it was a 1% cost and I was trying to figure out why. I guess you were referring to the rewards instead.
     
  11. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

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    Sorry, you are correct, the reward is 1%.

    :earsboy: Bill
     
  12. jillmc40

    jillmc40 DIS Veteran

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    On the Disney Premier it is 2%, correct? I have a question about the 6 months no interest...I had this once before on my discover (not for Disney but something else) and I realized that if I used my Discover card while I had another balance on there, they charged me interest for the other amount, even though I paid it off in full. So if I put 7500.00 on my card this month for half of my points, and I shop during the month and spend 2,000.00. When the billing cycle rolls around and I pay 2,000.00 will I be charged interest? Discover explained it to me that lower interest charges get paid off before higher interest so in essence if I paid 2,000.00 at the billing cycle, I would be putting 2,000 towards the 7500, not towards the 2000. I'm sure this makes sense to some people, but to me that is totally ridiculous. I don't want to freeze my Disney card because I have a balance of an amount that was supposed to be "interest free".

    I realize I am comparing Discover to Visa, etc. but Discover acted like this was how all cc's do business and I was curious if anyone knew if Disney Chase worked this way. I have tried to read the fine print but I always get lost in fine print :confused3
     
  13. RSWA2

    RSWA2 Mouseketeer

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    Is this for the Chase Freedom card? I emailed them last month asking them what is included under Travel for Q3, they said they didn't know yet, but to ask again as Q2 ends, so I would email them.
     
  14. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

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    You are correct, 2% on the paid Premier card. If I remember correctly Disney Chase also applies the payments to the lower interest transactions first.

    I only use Disney Chase for special Disney purchases and I don't charge anything to the card if I have a zero interest program running.

    :earsboy: Bill
     
  15. jillmc40

    jillmc40 DIS Veteran

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    I was pretty much planning on that happening, so I will just pay it off. I use it for anything I can get 2% on (gas, grocery, Disney), otherwise I use Discover. I can't trust my DH to not use it for 6 months, he has a hard time following all of my cc rules :rotfl2:
     
  16. elfbo

    elfbo DIS Veteran

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    Okay, i just double checked my statement for my chase disney card. We used the card for our downpayment in early may, with the 6 months no interest. We do enough charges to be more than the minimum monthly due. We made payments equal to or more than the new charges on the card. No interest on the downpayment, and the new charges were paid off first and we were not charged interest on those either (since we paid before end of the billing cycle).
     
  17. jillmc40

    jillmc40 DIS Veteran

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    Ooh, thank you! I would like to at least keep some of my money for 6 months. Earn that big huge 1% that I am getting in my savings account. That will buy me an extra dole whip when we finally get there - haha!
     
  18. jimmytammy

    jimmytammy <font color=purple>Swivel, it's a hard habit to br

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    Can we use Disney visa to purchase through TSS? We can pay off immediately but would like to get the rewards if possible.
     
  19. dbs1228

    dbs1228 DIS Veteran

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    No they will only allow you to pay the deposit by credit card the rest has to be by check - bank check I believe not positive.
     
  20. cseca

    cseca <font color=darkorchid>My legs are wimpy but my wi

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    Do you know what the charge fell under?
    Mortgage, entertainment, travel?
    Thanks so much!
     
  21. Candy Orlando

    Candy Orlando DIS Veteran

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    DVC is travel with a 2% reward on Costco American Express.
     

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