Disney Chase Visa worth it?

[North of Mouse]

My wife and I are booked for our first, but not last, visit at the end of June. I'm just learning about the Disney Visa through Chase. We do not have any type of rewards card. This looks like, at least on the surface, a good way to earn points for our Disney vacations, get some discounts (25% at BC; does that include BCVillas?), and spread our vacation cost over the year.

Your input will be greatly appreciated. 100 days and counting.

Has been, and still is well worth it to us. DH & I each received applications within a month of each other a few years ago. We EACH got $200 for signing up after using it the 'first' time (think you have a $$ amount to reach now before receiving your bonus). We use our cards for most everything, then pay the balance each month.

We have the regular card, not the Premier. We will not 'pay' an annual fee to have a credit card - we do just fine on the cards we have. Has been well worth it to us.

 

[North of Mouse]

I started using this rewards card before my first Disney trip as well. Think I got $200-$250 after the first purchase or something. I just have the regular card with no annual fee. While I don't think it's the best card out there as far as rewards go, we like having it go right on a Disney card. We usually use our rewards for meals and souvenirs.

As others have mentioned, anytime you start talking about rewards cards, you have to be careful. If you aren't paying it off every month you really aren't coming out ahead. That being said, if you feel this is right for you I received an invitation to refer friends. You receive a $200 gift card after spending $500 in the first three months and I receive $50. This is for the regular card with no annual fee. I had my husband sign up, so essentially we got $250 to go towards our next trip! Feel free to PM me if interested.

Be 'very' careful with this type post - It is a big 'no-no' on the Dis, and you will probably get called on it. Just a friendly warning!!

 

[It'sWDW4me]

Can't quote quotes, sorry...

OP said it'd "be a good way to spread out paying for a vacation over a year" (or something like that, having scrolling problems at the moment).

One way that could be taken is that they will book the vacation and then just pay minimum amounts over the course of the year. The interest accrued would not be worth earning 1% in Disney rewards.

If it just means that they'll earn vacation money over the course of a year, then a rewards card makes sense.

Any deposit made on a package will accrue 0% interest for 6 months. You can put your deposit on your Chase VISA and then pay that down for 6 months. Pay another chunk (or the balance) with your VISA and then pay THAT down at 0% interest for another 6 months. Yes, you CAN stretch payments on a WDW vacation out over the course of a year and not pay a penny in interest. I've done it myself.

 

[JillianMarie]

Here's my take - we opened the card for the $200 gift card. For that - it was awesome. It was money we were going to spend anyway and it paid for a lot of our food on our last trip. We just have the free basic card so we don't pay any annual fee.

We also took advantage of the 0% financing for 6 months. It is something I will never ever do again. I mean - yes it worked but, for me, it wasn't worth the stress of having that bill every month. I ended up just paying the stupid thing off months early because I didn't like having the balance hanging around. For me, it's mentally a lot easier to save up for a trip than to pay it off after the fact. I absolutely detest carrying a balance - even if it's at 0% interest.

I play the travel rewards game a little bit with credit cards so I'm usually shifting my spending around to one thing or another. We're looking at going back in maybe fall of 2015 and I have some decisions to make about moving my spending away from my travel rewards cards and back to the Disney visa.

For right now, since you're doing a targeted vacation (Disney only) I think it's probably a good idea because you'd get a $200 gift card right away. But, unless your credit card spending is WAY higher than mine you wouldn't have enough time to build up a serious points bank. I believe you need $20 to cash out which would be $2000 in spending before June. Going forward, if you're interested in a rewards card I would suggest checking out a blog like frugaltravelguy.com or thepointsguy.com. They can get a little overwhelming, but there are really good suggestions and best practices buried in there if you can get through all the high level credit card churner stuff. I'm not affiliated with either of them, I'm just a woman who has itchy feet and works for a non-profit so I have to make my dollars stretch as much as they possibly can so I've gotten pretty good at this stuff.

 

[siskaren]

Any deposit made on a package will accrue 0% interest for 6 months. You can put your deposit on your Chase VISA and then pay that down for 6 months. Pay another chunk (or the balance) with your VISA and then pay THAT down at 0% interest for another 6 months. Yes, you CAN stretch payments on a WDW vacation out over the course of a year and not pay a penny in interest. I've done it myself.

Yep, I have too. Each payment has to be at least $101, though. (Well, the down payment has to be at least $200, but that's Disney's policy for all packages. The $101 is Chase's policy.)

 

[cnetbuild]

We have the premium an use the are for every purchase we can so we can build points. It is important to have a card that provides the best rewards for your needs and this works nicely for us. The 0% for 6 months is nice, and we apply our points to our vacations. There is a discount for Disney store purchases but most things aren't eligible for the discount. We did the character meet for card holders and that wasn't worth it - waited an hour to take a picture. But the rest is good. I especially like how many times I pay for things and people comment how much they love the Disney design I picked for my card.

 

[Astylla]

My DH opened a Disney Premier Visa last year and we have LOVED it.

We use it for autopay on several bills then pay it off immediately thus getting the points for things we already would be paying off with our checking account.

In addition we use it for groceries, gas , etc to get the most out of our points then again just make a payment immediately after online for the amount. It works out great.

We are Disneyland AP holders so the 2% is WELL worth it for us and adds up insanely fast. The rate we are going we should have enough by our December trip for a night stay at Paradise Pier in Disneyland.

We are attending Dapper Days in September at Disneyland and out our Disneyland Hotel charges on it to get 2% on that also. Our AP monthly payments count as a Disney charge too , so it really all adds up.

Chase has been very good to us - with the recent Target fiasco they even sent us NEW cards with new account numbers to ensure our accounts would remain safe. That proactive action was greatly appreciated. They also have excellent fraud protection and adding me as an authorized user with my own card design was a flawless process !

We had a bank rewards card but their rewards were so poor with a higher interest rate that we really couldn't recall one reward we qualified for in nearly a year..so this was an easy choice. My DH actually accidentally applied for the Premier Disney Visa ( didn't know there were two types..LOL) but it has worked out awesome. We are fans.