Chase Disney Visa

[tportugal]

We are hemming and hawing about getting either the regular or Premier Visa. I've been looking at the pros and cons of each and am looking for more feedback/info regarding either of these. We are heading back to Disney in the summer of 2016 (soooo far away! ) and if we can get a few bucks earned towards that trip, it'd be good stuff!
$49 worth the annual fee for the Premier? It seems that we'd use it quite often to justify that cost. But maybe not??
And for redeeming rewards, can we keep accumulating them until 2016? And we still earn them even if we pay off our balances each month?
Thanks!

 

[ptlohmysoul]

We are hemming and hawing about getting either the regular or Premier Visa. I've been looking at the pros and cons of each and am looking for more feedback/info regarding either of these. We are heading back to Disney in the summer of 2016 (soooo far away! ) and if we can get a few bucks earned towards that trip, it'd be good stuff!
$49 worth the annual fee for the Premier? It seems that we'd use it quite often to justify that cost. But maybe not??
And for redeeming rewards, can we keep accumulating them until 2016? And we still earn them even if we pay off our balances each month?
Thanks!

You can always get the regular card and upgrade it later. Yes, you still earn the rewards even if you pay off your balances each month.

 

[Airship Ariadne]

Common enough question that I already have the math done for us.

We have the Premiere version. Costs $49 a year, but gives 2% on groceries and gas (our two biggest expenses) and restaurants (not a huge budget item for us).

We spend on average $300 a week on groceries and gas. $15,600 a year.

At 1% back from the regular card we would earn: $156 a year.
At 2% on ours we earn: $312.

So 2% of $312-$49 is still more than $100 over what we would earn on the no fee card.

So for us, it makes sense...but if your grocery/gas budget isn't that high, then it might not make sense for you.

 

[MichelleVW]

The premium card is totally worth the $49 annual fee for us. We use it for everything and pay it off every month. Your reward money won't expire before 2016...not sure how long it lasts because we use it so often lol.

 

[shystalips]

I just got an offer to upgrade to the Disney visa premier. They will give me 50 reward dollars to do so. Can anyone tell me if I payoff my Disney vacation with the premier card, will I earn double points?

 

[MichelleVW]

I just got an offer to upgrade to the Disney visa premier. They will give me 50 reward dollars to do so. Can anyone tell me if I payoff my Disney vacation with the premier card, will I earn double points?

You should...it's 2% on Disney purchases.

 

[Debbru]

Something else to keep in mind regarding the 2% back on groceries -- our local Walmart and Target (both "Super Stores") are classified as grocery - no matter what you purchase there. I've gotten the 2% back on a digital camera from Target & a laptop computer purchased at Walmart along with all the other household stuff, groceries etc.

Also, our local Publix stocks gift cards to many stores (Kohl's, etc). If you know you'll be shopping at one of them, buy the gift card at the grocery store using your Disney Visa & you'll get the 2%.

Lots of ways to earn 2%!

(Not all Walmarts & Targets are classified as grocery - but I've been told that you can call Chase & they will tell you how "your" store is classified).

 

[tportugal]

Awesome! Thanks for the info!

 

[mom2AidanAndEli]

Easy math. The break-even point is $5,000 annually for the premier card.

If you have the basic Visa you get 1% back anyway. With the premier you get an extra 1% on groceries, gas, restaurants, and Disney purchases. So with that extra 1% (not counting the base 1% you get with either card), you'd have to spend $5,000 to recapture your investment of $49. Actually, it's a little less, but I like round numbers!

Now, as a family of 4, we easily spend $100 a week on groceries. So there's our $5,000 (again, round numbers!) right there. So everything we spend on gas, restaurants, and Disney nets us an extra 1% over what we would have with the basic card.

The other nice thing about premier is you can use your rewards for any airline tickets. So if you decide to do something other than Disney for vacation and have flights associated, you can simply ask for your rewards dollars to be credited back to your balance. Even though we've got a trip planned, we used some of our rewards to help pay for our flights down. That way I'm charging more of the Disney part of our vacation and getting that 2% back again.

And, yes, we pay ours off every month!

 

[BigAlsGal]

We just have the regular disney visa. I pay cash for gas and groceries so it wouldn't work out for us.

 

[mom2AidanAndEli]

We just have the regular disney visa. I pay cash for gas and groceries so it wouldn't work out for us.

You can always use the card, put the money in an envelope, and pay off the credit card each month. It's like free money to spend at Disney!

 

[mickey2000]

I have had this card since 11/2010 and have earned almost $3,000 I pay it off in full each month! $49 per year in fees ....

 

[disneychrista]

It is not worth it for me, I do not spend that much in the required 2% categories.

 

[disneysmyhappyplace]

I have had this card since 11/2010 and have earned almost $3,000 I pay it off in full each month! $49 per year in fees ....

I just earned $400 this year! Transferred it over for our upcoming trip. Free money is the way I look at for buying the things I would have bought anyway. I never keep a balance, we pay it off every month

 

[alice99]

I know that any points earned now will not expire before 2016.... I have points in my account now that will expire sometime in 2018-2019.

 

[disneychrista]

I know that any points earned now will not expire before 2016.... I have points in my account now that will expire sometime in 2018-2019.

Points expire 5 years after they are earned. If you are in danger of losing points transfer to a rewards card extends the expiration by at least a year. Using that to purchase disney gift cards and then they never expire.

 

[DisneyEater]

I'd recommend something like the Barclay Arrival card which gives you 2% that is more flexible and 10% back on any points you redeem.

Or go with something like Fidelity Amex which gives you cash back for the ultimate flexibility.

 

[turkey1031]

Is it all walmarts that get the 2% on the premier visa or just the superstore walmarts?

 

[mrsheppo]

I've earned about $1,200 in rewards in the past 2 years. Never carry a balance on the card. I always write the amount I charge in a check register and pay my card every 2 weeks.

 

[islandtimect]

Easy math. The break-even point is $5,000 annually for the premier card. If you have the basic Visa you get 1% back anyway. With the premier you get an extra 1% on groceries, gas, restaurants, and Disney purchases. So with that extra 1% (not counting the base 1% you get with either card), you'd have to spend $5,000 to recapture your investment of $49. Actually, it's a little less, but I like round numbers! Now, as a family of 4, we easily spend $100 a week on groceries. So there's our $5,000 (again, round numbers!) right there. So everything we spend on gas, restaurants, and Disney nets us an extra 1% over what we would have with the basic card. The other nice thing about premier is you can use your rewards for any airline tickets. So if you decide to do something other than Disney for vacation and have flights associated, you can simply ask for your rewards dollars to be credited back to your balance. Even though we've got a trip planned, we used some of our rewards to help pay for our flights down. That way I'm charging more of the Disney part of our vacation and getting that 2% back again. And, yes, we pay ours off every month!

Can you explain how the airline tixs part works? We've had the regular Disney card for years but several friends get free flights with a card through our credit union. But then I think of switching to Disney's premier card because of the amount we spend. Thks