credit card and dvc purchase

[bandjbaine]

I understand there is a plan for current DVC members to put half down and then pay monthly for the balance for an add on contract. Can all of these transactions be made on a credit card? I am looking to give myself about a year of no interest on a card plan and paying it all off at year end based on how our normal income flow (mostly at end of year). Second question is are the transactions categorized as a "travel" purchase. Card I am looking at gives bonus points for purchases categorized with the credit "travel" code.

 

[jerseyduke]

I understand there is a plan for current DVC members to put half down and then pay monthly for the balance for an add on contract. Can all of these transactions be made on a credit card? I am looking to give myself about a year of no interest on a card plan and paying it all off at year end based on how our normal income flow (mostly at end of year). Second question is are the transactions categorized as a "travel" purchase. Card I am looking at gives bonus points for purchases categorized with the credit "travel" code.

When I bought direct I put it all on a credit card (6k at a time. Let it hit, paid it online, repeat.)

But pay every month? How much for how long? That seems odd, and I am jsut curious.

 

[Kelly in VA]

Buying direct I was able to put the entire direct on credit cards. It could work out if you found a card offering zero percent for a year. I put a portion on the Disney Visa which automatically offers six months zero interest.

I don't know about the specifics of your travel rewards card, but it posted as travel on two of mine.

My broker for resale let me put the deposit on credit card but nothing else.

 

[btk2333]

My DVC dues show up as travel so I get my travel bonus points for that

 

[bandjbaine]

When I called today I got clarification. I could put in on credit card to purchase outright. Could do 10-20% up front and then the rest within 30 days via credit card. Forgot all about asking was it coded as a "travel" purchase, but based on your responses feel it is likely (and after reading the ccard info and it stating "timeshares" as travel purchases). The half up front and pay balance monthly was a DVC finance plan ( that was new info to me today- wasn't clear before). It was 5.25% interest to do that. Just gotta add all the numbers now to decide which way is cheapest to buy now and pay off within the year ( have the year no ineterest but has a 3% transaction fee). Crunching numbers in my future for a poly add on. Seems strange to even worry as it is mostly an emotional purchase. I know it makes less $ sense. But....as my husband said if we can afford it and it makes our life a little happier- we can't take it with us! Poly was the first place I stayed because my dad worked hard but when we had time he enjoyed a nice vacation- Polynesian in 1973 was that! Even with all the changes coming about- it remains a "happy place" for me. My dad is no longer here but the rest of my family still has that feeling. I'm not sure but I think the first place you ever stay on property and experience disney may be your favorite disney hotel. anyone else feel that way?

 

[aroundtheriverbend]

When I called today I got clarification. I could put in on credit card to purchase outright. Could do 10-20% up front and then the rest within 30 days via credit card. Forgot all about asking was it coded as a "travel" purchase, but based on your responses feel it is likely (and after reading the ccard info and it stating "timeshares" as travel purchases). The half up front and pay balance monthly was a DVC finance plan ( that was new info to me today- wasn't clear before). It was 5.25% interest to do that. Just gotta add all the numbers now to decide which way is cheapest to buy now and pay off within the year ( have the year no ineterest but has a 3% transaction fee). Crunching numbers in my future for a poly add on. Seems strange to even worry as it is mostly an emotional purchase. I know it makes less $ sense. But....as my husband said if we can afford it and it makes our life a little happier- we can't take it with us! Poly was the first place I stayed because my dad worked hard but when we had time he enjoyed a nice vacation- Polynesian in 1973 was that! Even with all the changes coming about- it remains a "happy place" for me. My dad is no longer here but the rest of my family still has that feeling. I'm not sure but I think the first place you ever stay on property and experience disney may be your favorite disney hotel. anyone else feel that way?

Absolutely. For my husband, Poly was his first and only stay. I never got to go to WDW as a kid, so when we went for my first time with our two little ones, Poly it was. .