New offer announced for DVC members, following taken from members web site. From October 1 through December 31, 2012, Members will be able to purchase a Walt Disney World Premium Annual Pass for just $399 (that's a savings of $300 off the regular price!)*. Premium Annual Passholders enjoy unlimited admission to four Theme Parks, a year's worth of unlimited access to Disney's Blizzard Beach Water Park and Disney's Typhoon Lagoon Water Parks, DisneyQuest Indoor Interactive Theme Park, ESPN Wide World of Sports Complex, Disney's Oak Trail Golf Course (greens fees only) and more! Insider's Tip: A Premium Annual Pass certificate is not activated as a ticket until it is used the first time. So, if you've already purchased an Annual Pass, you can still take advantage of this offer by purchasing it now (between Oct. 1 and Dec. 31, 2012), but waiting to activate it until after your current pass has expired. Passes purchased on this offer must be redeemed by December 31, 2013. October 1 will also mark the launch of a new ongoing Member perk 10% off merchandise** at all Disney owned and operated merchandise locations at Parks and Resorts at Disneyland, Walt Disney World, Disney's Vero Beach Resort, Disney's Hilton Head Island Resort and Aulani, a Disney Resort & Spa, Ko Olina, Hawai'i.