Cancelling Credit Card After Making ADRs

[lovewdwfun]

We sign up for a lot of credit cards to get the sign-up bonuses and then cancel them before the yearly fee comes up. I am going to make some ADRs coming up. Does anyone have any experience with making ADRs and then cancelling the credit card? I assume it will not wipe out my reservations, but wanted to be sure. I am not intending to abuse the system, but it seems that, since I have a choice, it would be a better idea to use a card that I am intending to cancel, just in case our kids get sick or something?

 

[letsgoreds]

I would definitely NOT use a credit card that you intend to cancel. It could result in cancellation of your reservations.

 

[gawrsh2008]

If the credit card is invalid, it will usually cause the system to cancel the reservation.

 

[DeeCeeSW]

If the credit card is invalid, it will usually cause the system to cancel the reservation.

As long as you immediately put a new card number in, you should be just fine. I had to replace the card I was using for ressies recently. I did not lose anything.

 

[wilkeliza]

We sign up for a lot of credit cards to get the sign-up bonuses and then cancel them before the yearly fee comes up. I am going to make some ADRs coming up. Does anyone have any experience with making ADRs and then cancelling the credit card? I assume it will not wipe out my reservations, but wanted to be sure. I am not intending to abuse the system, but it seems that, since I have a choice, it would be a better idea to use a card that I am intending to cancel, just in case our kids get sick or something?

You have to put a new one down. If it bounces back invalid they have every right to cancel the reservation.

Just as a side note doesn't cancelling credit cards ovee and over ruin your credit score?

 

[salamander3]

Our card that had ressies was stolen. I called and asked, and they said it would probably be best to switch it when I made the final payment a month or so out. That's only what they told me, I'd call to confirm.

 

[ses1230]

We sign up for a lot of credit cards to get the sign-up bonuses and then cancel them before the yearly fee comes up. I am going to make some ADRs coming up. Does anyone have any experience with making ADRs and then cancelling the credit card? I assume it will not wipe out my reservations, but wanted to be sure. I am not intending to abuse the system, but it seems that, since I have a choice, it would be a better idea to use a card that I am intending to cancel, just in case our kids get sick or something?

To get out of the fee? I have little ones so I sympathize with that, but I really don't think it's right to plan it. If your child is truly sick I think you should call and explain the situation if you intend to cancel. I have cancelled ADRs for unexpected illness and have not been charged.

 

[davedmaine]

We sign up for a lot of credit cards to get the sign-up bonuses and then cancel them before the yearly fee comes up. I am going to make some ADRs coming up. Does anyone have any experience with making ADRs and then cancelling the credit card? I assume it will not wipe out my reservations, but wanted to be sure. I am not intending to abuse the system, but it seems that, since I have a choice, it would be a better idea to use a card that I am intending to cancel, just in case our kids get sick or something?

I'll say it. That's nuts. If your kids get sick, you can cancel even after the fact.
Also, you're killing your credit score with your cc strategy.

 

[kaytieeldr]

We sign up for a lot of credit cards to get the sign-up bonuses and then cancel them before the yearly fee comes up. I am going to make some ADRs coming up. Does anyone have any experience with making ADRs and then cancelling the credit card? I assume it will not wipe out my reservations, but wanted to be sure. I am not intending to abuse the system, but it seems that, since I have a choice, it would be a better idea to use a card that I am intending to cancel, just in case our kids get sick or something?

These two statements completely conflict. Using a credit card you know won't be valid at the actual point of purchase IS abuse.

 

[mom2AidanAndEli]

I started reading this, thinking it was a legitimate question. I recently upgrade my Disney Visa to a premier and cancelled the old one. Had to update my credit card numbers on file. I thought you were asking a similar question.

But you're actually asking the best way to get around the cancellation rules? You want advice on how to cheat the system? Afraid you might lose the ADRs you want, but don't want the consequences if you miss them?

Just wow.....

 

[cruisingtwins]

We cancelled one ADR the same day because my kids were over tired and melting down and we had to leave the park. I just walked up to the restaurant and explained that and there was no charge.

 

[lovewdwfun]

I am not intending on abusing the system. I am intending to go to all of the ADRs and will cancel as soon as possible if something comes up. Just wondering, since I am going to cancel a card anyway, what the pros and cons would be of using it to book my ADRs. I would honestly be VERY surprised if Disney cancelled any ADRs because I have gotten new card numbers in the past due to fraud, etc, and would hate to think Disney would cancel ADRs if someone forgot to let them know that they changed a card number.

As far as cancelling credit cards, I have excellent credit and monitor it frequently. It has not taken a signficant toll on my credit score (about 15 points down after thousands of dollars in bonuses). We just went on a completely free trip (hotel, airfare, rental car, etc.) from credit card bonuses. We've paid for our family's airfare to Disney for the past few years all due to credit card bonuses. I have 100% on-time payment and have never not paid off my full balance. There are some great deals out there, if you look! I'd be glad to share.

 

[supersnoop]

Even if you cancel a card, charges can still be applied and you can still be sent to collections. Disney gets an authorization when you book, so canceling the card will provide no benefit to you.

 

[wilkeliza]

I am not intending on abusing the system. I am intending to go to all of the ADRs and will cancel as soon as possible if something comes up. Just wondering, since I am going to cancel a card anyway, what the pros and cons would be of using it to book my ADRs. I would honestly be VERY surprised if Disney cancelled any ADRs because I have gotten new card numbers in the past due to fraud, etc, and would hate to think Disney would cancel ADRs if someone forgot to let them know that they changed a card number.

As far as cancelling credit cards, I have excellent credit and monitor it frequently. It has not taken a signficant toll on my credit score (about 15 points down after thousands of dollars in bonuses). We just went on a completely free trip (hotel, airfare, rental car, etc.) from credit card bonuses. We've paid for our family's airfare to Disney for the past few years all due to credit card bonuses. I have 100% on-time payment and have never not paid off my full balance. There are some great deals out there, if you look! I'd be glad to share.

I have received great credit card deals as well but my professional paid for financial advisor has told me time and time again cancelling credit cards that have only been open for a short period of time can hinder your credit score. Your actual score may only go down a few points but if a company looks at your credit history and not just score they will see you are a used and dump creditor and home mortgage companies and car loan companies don't like that. I also know here in NYC they can use your credit history for pre-employment screening. I could imagine an employer could put two and two together to see why someone might get rid of a credit card right before the one year mark.

Your credit score is much more complex than just paying on time and paying in full.

 

[maxiesmom]

I am not intending on abusing the system. I am intending to go to all of the ADRs and will cancel as soon as possible if something comes up. Just wondering, since I am going to cancel a card anyway, what the pros and cons would be of using it to book my ADRs. I would honestly be VERY surprised if Disney cancelled any ADRs because I have gotten new card numbers in the past due to fraud, etc, and would hate to think Disney would cancel ADRs if someone forgot to let them know that they changed a card number.

How would Disney know someone forgot to change their credit card number vs that person trying to get around paying the no show fee, if they decide to cancel?

This is not something to put on Disney's doorstep. If you make an ADR you need to make sure your credit card is valid. Or lose your ADRs. Seems pretty simple.

 

[lovewdwfun]

I have received great credit card deals as well but my professional paid for financial advisor has told me time and time again cancelling credit cards that have only been open for a short period of time can hinder your credit score. Your actual score may only go down a few points but if a company looks at your credit history and not just score they will see you are a used and dump creditor and home mortgage companies and car loan companies don't like that. I also know here in NYC they can use your credit history for pre-employment screening. I could imagine an employer could put two and two together to see why someone might get rid of a credit card right before the one year mark.

Your credit score is much more complex than just paying on time and paying in full.

Yes, for some that is true. My house and cars are fully paid off. I am married to a financial advisor and I work in corporate finance myself. I work for a Fortune 500 company and have no worries about future employment screenings, especially given that I have a credit score of over 750.

 

[supersnoop]

Churning credit cards can decrease your score about 15 points. Having a low utilization (lots of available credit with little debt outstanding) can increase your score much more than that. There seems to be a threshold where the number of open lines begins to reduce your score, so closing extra cards can, rarely but sometimes, be beneficial.

 

[kaytieeldr]

I am not intending on abusing the system. I am intending to go to all of the ADRs and will cancel as soon as possible if something comes up. Just wondering, since I am going to cancel a card anyway, what the pros and cons would be of using it to book my ADRs. I would honestly be VERY surprised if Disney cancelled any ADRs because I have gotten new card numbers in the past due to fraud, etc, and would hate to think Disney would cancel ADRs if someone forgot to let them know that they changed a card number.

No pros. The con* would be you using a credit card that you plan to cancel before the actual potential purchase (the cancellation fee) would be charged. Surprising question from someone in the finance industry/married to a financial adviser.

Suck it up, buttercup. Use a card you know will be valid through the end of your trip.

*Con definitions:

• In opposition or disagreement; against: debated the issue pro and con. n. An argument or opinion against something.
• To swindle (a victim) by first winning his or her confidence; dupe. n.
• A swindle.
• adj. Of, relating to, or involving a swindle or fraud: a con artist; a con job.
• [Short for confidence.]

 

[Mariep26]

My credit card was part of one of those big data breaches and they automatically sent me a new one with a new number. I completely forgot it was the one I used for ADRs and I never had an issue. I am not endorsing what you are suggesting -- just telling you my experience with an honest mistake. I made the ADRs 180 days out and I think the new card was sent 45 days out so I wasn't even thinking what I had charged in the past.

 

[nugov2]

I have received great credit card deals as well but my professional paid for financial advisor has told me time and time again cancelling credit cards that have only been open for a short period of time can hinder your credit score. Your actual score may only go down a few points but if a company looks at your credit history and not just score they will see you are a used and dump creditor and home mortgage companies and car loan companies don't like that. I also know here in NYC they can use your credit history for pre-employment screening. I could imagine an employer could put two and two together to see why someone might get rid of a credit card right before the one year mark.

Your credit score is much more complex than just paying on time and paying in full.

I know that has nothing to do with this thread, but I doubt someone wouldn't get hired b/c they have opened and cancelled a CC after the agreed upon terms to get a perk. How does that look bad I do agree it is very bad for your credit...more than just the few points your credit number dips. A credit score is a lot more than just the number. How many CC you have open, not only what your balance is, but what your potential balance could be and closing credit cards can be very bad for your credit.