maggiew
DIS Veteran
- Joined
- Feb 19, 2003
I remember when we signed up for the Disney visa there was a perk where you had 6 months no interest on Disney Vacations if you paid for it with the Disney Visa.
Can someone explain how this works?
We have no balance on our card. But we use it like a check card. We put all our normal expenses on it and pay it off at the end of the month.
I remember reading somewhere where a person put his vacation on the card thinking it was interest free for 6 months. But he had a balance on the card, so when he paid money towards the card, somehow it was applied towards the vacation expense FIRST, then it pays off the other balance??? Or something like that.
So what will happen in our situation?
I want to put the Disney Cruise deposit on our card. I will pay it off in increments throughout the 6 months. But what if I charge our regular expenses on it too??
Example (I am just pulling numbers out of the air):
Cruise deposit : $1000
Monthly expenses: $2500
If I pay $2500 to pay off the monthly expenses plus $200 to pay towards some of the cruise will this work?? Will the remainder be interest free?
OR,
Will I be paying off the cruise and then also $1700 of the monthly expenses, leaving me with $800 to pay off of the monthly expenses, which will get charged with an interest fine.
Maggie
Can someone explain how this works?
We have no balance on our card. But we use it like a check card. We put all our normal expenses on it and pay it off at the end of the month.
I remember reading somewhere where a person put his vacation on the card thinking it was interest free for 6 months. But he had a balance on the card, so when he paid money towards the card, somehow it was applied towards the vacation expense FIRST, then it pays off the other balance??? Or something like that.
So what will happen in our situation?
I want to put the Disney Cruise deposit on our card. I will pay it off in increments throughout the 6 months. But what if I charge our regular expenses on it too??
Example (I am just pulling numbers out of the air):
Cruise deposit : $1000
Monthly expenses: $2500
If I pay $2500 to pay off the monthly expenses plus $200 to pay towards some of the cruise will this work?? Will the remainder be interest free?
OR,
Will I be paying off the cruise and then also $1700 of the monthly expenses, leaving me with $800 to pay off of the monthly expenses, which will get charged with an interest fine.
Maggie