Below is the info from the member website.
Reward Descriptions
You may be eligible to receive a Reward when family or friends provide your name as a reference.
Your family or friends must purchase a real estate interest in a Disney Vacation Club Resort in order for you to receive a Reward.
Due to state regulations, Members who reside in certain states may not be able to select certain Reward Options.
Reward Levels are based on the number of referrals who complete a purchase within a calendar year. You may receive credit for up to a maximum of five (5) Rewards within a calendar year.
Level 1 = 1 referral
Level 2 = 2 referrals
Level 3 = 3 referrals
Level 4 = 4 referrals
Level 5 = 5 referrals
When you choose a Reward Option, the full value of the Level is applied to it you cannot split the Reward's value between multiple Reward Options.
Reward Level Reward Types
Level Amount
Level 1 $200
Level 2 $350
Level 3 $500
Level 4 $750
Level 5 $1000
Annual Dues Credit
Reduce your annual dues by the amount of your Reward. Your monthly deduction will be adjusted to reflect the new amount.
Credit towards purchase of additional real estate interest
You can use this option toward your down payment for an additional real estate interest purchase represented by at least 25 Vacation Points. You must have initiated your purchase prior to selecting this option.
Disney Gift Card*
Disney Gift Cards can be used like cash at most locations in Walt Disney World® Resort,
Disneyland® Resort, all Disney Vacation Club Resorts,
Disney Store locations in the US, disneyshopping.com, and aboard any
Disney Cruise Line®. They do not expire. **
*This option is sent via express mail and cannot be delivered to a PO Box. If you choose this option, you will be prompted to confirm your shipping address.
** Rewards will not be exchanged or replaced by the Sharing the Magic referral program if lost or stolen.