Anyone know the APR and terms of the Disney Visa Card?

[pktbMouse]

I was wondering if anyone could give me a rough idea...I was thinking getting one but cant find the APR or terms incase I want to cancel at a later date/....thanks so much.

 

[SRB4x41ab]

I just signed up for one last night. There is a 0% interest for 6 months with a 13.94% +/- after that depending on your credit. If your late one time durning the six months the 0% is gone. As any credit card if your late your rate goes up. Hope this helps.

 

[m_kasch]

Check your interest rate. They are apparently increasing the base interest rate to prime plus 16.99%, effective with the August statements. My interest rate has been 14.16%, so they are increasing it by 43% for no reason -- I have tried working with chase on this, and they are not too easy to work with. This is twice the interest rate on my other card (it works out to be a little over 20%, which is insane. I have never had a late payment, never fallen behind, have never had any problem -- until this. So -- beware!! And they wonder why congress had to pass new legislation?????

 

[DonaldDuckFamily]

We also just got a notice in the mail from Chase they are raising how they figure APR's. Ours is changing from our current 5.24% to 8.99% + prime. So it will go up to 12.24% in August. We also have never been late on a payment and always pay 2 to 3 times the minimum payment every month. We would have had our card paid off by Christmas except with the rates more than doubling, our finance charges are going to take away from the principal. It might be a few months longer than Christmas

I would say the best thing about the Disney Chase is the 6 months 0% on your vacation.

 

[poohbear8]

If there is any chance you might be late ever.....watch out. DH forgot to pay the bill by one day and my interest rates shot up! I called 6 months and again at 8 months later and was told sorry. I pushed and even got a supervisor and they wouldn't lower them.

It's been over a year, so I guess I should call again. If it wasn't for the few Disney dollars I earn and the vacation delayed payment, I would cancel it. (ok, the free dining last year was nice too)