Disney Visa accepting applications on-line!

[raidermatt]

That raises the discount from 1% to 3%, DC gave us 10.

In fairness, its 1-3% of EVERYTHING you purchase on the Visa, not just what you buy at locations that offered the DC discount.

How it compares to the other cards all depends on those "bonus" opportunities. The $50 ship credit is of limited appeal. What most will really be interested in is earning 2x or 3x the points at certain locations or at certain times. That allows for a 'bonus' with maximum flexibility, which is very important to rewards cards holders.

 

[ohanafamily]

Exactly Matt, but 1-3% is less than 10% discount on select items..... As far as other cards go, Discover doesn't have the D$750 limit. I guess it is an OK card, but the cap on purchase rewards without Special Disney Discounts is what I was trying to talk about. The Pin should be nice, but I would like more Special Just For DisneyCardHolders discounts.

IMHO

 

[gtrist4life]

Here's the text from the Disney Insider Email -

Earn 1% or more in Disney Dream Reward Dollars.SM
You'll earn Disney Dream Reward DollarsSM equal to 1% on purchases charged to your Disney's Visa® card. Disney Dream Reward DollarsSM may be redeemed for most Disney merchandise, park tickets, hotel nights, food and more at Disneyland® and Walt Disney World® Resorts - including theme parks, and Disney Cruise Line®, Disney Store, Disney catalog and DisneyStore.com. Disney Dream Reward DollarsSM can even be used in combination with special offers and discounts.

Special Disney Bonus Offers.
In your statement and online, you'll get special bonus offers that let you earn double, triple or more Disney Dream Reward DollarsSM on selected Disney purchases or get more with your reward dollars when you redeem them. As a Cardmember, you'll also receive special bonus offers, such as special deals on vacation packages or merchandise when you use your Disney's Visa® Card. For example, you'll receive a $50 onboard credit when you or your travel agent book a Disney Cruise Line® vacation with your Disney's Visa Credit Card. The offer is good for sailings through 12/31/03.

Pay No Interest for 6 Months on Disney Vacation Packages.2
You'll pay no interest for 6 months on cruise packages or ticket-inclusive Disney vacation packages when you or your travel agent book through Disney Cruise Line® or the Walt Disney Travel Company and charge the package to your card prior to arrival.

Intro 0% fixed APR for 6 months*
You'll pay no interest for the first 6 months on all new card purchases and balance transfers. After 6 months you'll enjoy a variable APR as low as 11.15%.

And you pay no annual fee.

Enhanced Visa Platinum Benefits
Cardmembers are covered with full Visa Platinum benefits plus added premium benefits to enhance shopping and travel including customer service, 24 hours a day, 7 days a week.




*Your APR for purchases and balance transfers after the introductory period will be based on our review of your application and credit history. You understand that the terms of your Account, including the APRs, are subject to change. Any such changes will be made in accordance with the Cardmember Agreement. Please read very carefully the "Rate, Fee and Other Cost Information" section included with this offer. Please see Pricing & Terms for important information about rates, fees, and other costs.

2 You will automatically receive this 0% promotional APR for 6 months, provided that any payment on your account is not past due at the time of purchase. This rate applies to certain Theme Park ticket-inclusive Disney vacation packages and Disney Cruise Line® packages of $101 up to a maximum $10,000 per transaction charged to Disney's Visa Card prior to your arrival and booked by you or your travel agent through Walt Disney Travel Company or Disney Cruise Line®. See "Rate, Fee and other Cost Information" sections for additional APR details. Certain restrictions and exclusions apply. You will receive complete terms and conditions for this offer once you become a Cardmember.

3 Onboard credit is per stateroom and is not combinable with other offers. Unused credits are non-refundable and non-transferable.

Peace
G4L

 

[dzneelvr]

Bear with my "dumb" question, but I'm not a credit-card expert....What is the down side to my getting this card and then not using it much this year (2004 is our WDW trip year)??
We have a card and use it in emergencies only. Any privacy issues or fee issues? (I believe I read that there is no annual fee).
Your advice is welcome !! thanks.

 

[BrianD]

The only potential downside of getting the card is that is has an impact on your credit report. Whether it is a negative or positive impact depends. If you already have several credit cards then it would have a slightly negative impact. If you don't have many credit cards and use the card wisely, then it could actually improve your credit rating. Part of what determines your credit rating is how wisely you use the credit that is given to you.

 

[ohanafamily]

Well Spoken Brian, I just have to add that as far as credit cards go it is not that bad of one, I have some better ones, but there are some that are worse by far. I was just disappointed in the fact that I felt that they were promissing more. It will probably evolve a little, and I would definately recommend getting one if for no other reason than to have the card imprinted that you were a member from day 1. There is also a pin you get with your first charge.

If you are responsible with credit cards, there is no big downside.

If you don't like the benefits, you can always make it more expensive for them than the profits that they make off of you; I.E. the only charge you make is a $5.00 tank of gas each month so that they have to send you a statement. The statement and postage cost more than what they make off of the charge.

Or Better yet, you can complain.

 

[lrodk]

Forbes is quoting Eisner today as saying that the number of new Disney Visa card members was very close to the 100,000 mark just days prior to this declaration.

 

[raidermatt]

dzneelvr, just one other point on privacy. BankOne WILL share your info with other companies, just like every other credit card issuer....Unless you tell them not to. When you apply (if over the phone), and also in your account agreement, you should get info on how to ask them not to share your info. Follow those instructions and they are then required to comply with your wishes, except for credit reporting purposes, or for other credit/marketing uses within BankOne.

 

[ohanafamily]

Here is the Phone #

Also, they have a number that you have to call to tell them not to give out your information. (the number is (800) 869-9638) Unfortunately, there is no place to list it on the form so they can give out your information before you are even approved!

 

[dzneelvr]

Thanks ohana, raidermatt, and brian.
I submitted my application yesterday after reading your post replies. I went into the privacy link but it was down at the time. I'll call the 800 number monday.
My DH isn't as crazy about stuff like this, so I want to make sure I'm not screwing up our credit in any way.
Thanks again.

 

[ohanafamily]

Really, the only way to mess up your credit by applying for a card is to apply for several where it looks like you are trying to get lots of credit quick.

 

[Planogirl]

Even though this card doesn't look all that great, I may just go ahead and apply for it after reading this thread. I need a Visa for vacations and emergencies and the one I have now has suddenly developed a mushrooming APR. I might as well get something useful even if it isn't much.

I may have overlooked this but what about balance transfers? With a trip just around the corner, I have a balance I need to whittle down.

 

[dzneelvr]

Information and fees on balance transfers are in the reading material upfront when you go into the website and apply.
I didn't have any so didn't pay much attention, but it is all there for you to read first.

 

[ohanafamily]

Got my card in the mail today, Broke it in at a toy store buying a few Steiff Bears for my collection. (Germany wouldn't Special Order)

Read most of the disclaimer, not much different than I found out. They do say that there will be some special offers. I will finish reading tonight, See if I can do the online thing, and report back what I glean.........

 

[ohanafamily]

OK, here are some of the specifics:

D$1 for every $100 spent.
D$750 maximum for direct purchases per year. Bonuses are exempted from this cap.
They Round the points (.5+, .49-) each month.
No Points on Finance Charges
60 Billing Cycles of inactivity before they cancel card.
They can cancel the card at any time.
You cannot use your points if your account is delinquent.
If you miss 2 consecutive months you will forfeit the D$s from those months.
If your account is closed you loose all of your D$s.
Only 2 types of certificates available, and it looks like WDW is linked with DCL, and DL is associated with TDS.
4-6 weeks to deliver the gift certificates, D$20 minimum for redemption. (Denominations of D$10&D$20)
No Cash will be returned (I think anything leftover is forfeited).
Once you redeem your points you cannot change your certificate back for points.
You cannot use D$ to pay your CC Bill
No D$s on Balance Transfers

Website for more details: www.BankOne.com/Disney
Phone Number: (800) 300-8575

Transaction fee for cash advance/check 3% (Min $5, Max$50)
I called them this morning and it was suggested to me that I could tell them I am taking a $10,000 trip to Disney, and they would charge my card (0% interest for 6 months) and deposit the money in my checking account. This would be an interesting perk.


Visa Services: (Card Status Platinum)
Warranty Manager Service (Boats, Cars, Aircraft, Trailers, Real Estate, Resale Items Exempt)
Travel & Emergency Assistance
Lost Luggage: $1,500 per insured, $200 jewelry and fur. Lots of exclusions including electronics
Auto Rental Insurance: Damage to vehicle only, secondary insurance, 15 Domestic consecutive days/31 Foreign. Lots of restrictions. Some of the more humorous ones are that it is Not valid in Israel, Jamaica, or Ireland. Losses due to hostility of any kind (including war, invasion, rebellion, or insurrection). 20Days to report loss.
Purchase Security
Travel Accident Insurance ($1,000,000.00)

 

[ohanafamily]

Special Deals available Online: (The redemption codes have been removed to protect the innocent)

Save $15 on a Good Neighbor Magic Package, $25 on a Resort Magic Package and $50 on Grand Plan vacations to Disneyland® Resort. Packages must be booked by April 15, 2003 through Walt Disney Travel Company California for arrival between April 27, 2003 and June 15, 2003, August 24, 2003 and November 21, 2003 and November 30, 2003 through December 14, 2003.

Between April 1, 2003 and June 30, 2003, receive a free special edition gift when you use your Disney's Visa® Card to make a purchase at any in-theatre merchandise kiosk at a Disney On Broadway show, including "Beauty and the Beast", "The Lion King" or Elton John & Tim Rice's "Aida". For information on shows visit www.disneyonbroadway.com .

Use your Disney's Visa Card to sign up for the Disney Movie Club and get 3 FREE movies plus a FREE Disney backpack, when you agree to purchase just 6 titles at regular prices over the next year! All you pay now is shipping and processing*. Call 800-362-4587 or visit www.DisneyMovieClub.com to sign up. The offer is valid until February 15, 2004. See details below.

Use your Disney's Visa® Card on your next Disney Movie Club purchase and get Free Shipping. Call (800)362-4587 to order or visit online at www.DisneyMovieClub.com

Book a Disney Cruise Line® Vacation and receive a $50 onboard credit for sailings through 12/31/2003. To take advantage of this offer, call 800-257-2024 or your travel agent to book a Disney Cruise Line® Vacation.

 

[d-r]

I'm sorry, but I still continue to believe this is really a downgrade from the perks we had with American Express (1 point per dollar that could exchange for tickets, etc; 20% discount at WOD & other discounts). This especially seems a stepback from combining the amex with the disney club; the discounts offered from disney club, were available to anyone (some folks will get out of the credit card) and didn't require you to use a credit card. This wouldn't be so distasteful for me if hadn't been so much talking about improving reward programs for valued guests - instead they are screwing them to make more profit.

Like that movie club thing - I get that offer anyway. ***. That is insulting. The disneyland packages are a tiny percentage discount. What 5%?

But gosh, I can get that rocking cool day one and dvc member on the card, so it must be worth it -
My opinion -
DRh

 

[janetd]

I just got my credit card and read the fine print. Apparently the limit is $750 per year at the 1% rate based on charging $75,000 to the card. Also, nowhere does it mention an interest rate. It is a variable rate and only a formula for determining the rate is explained.

Certainly not equivalent to the Disney Club card and indicative of the gouging that constitutes dealing with Disney.

No thanks. Hope this idea tanks. Janetd

 

[ohanafamily]

I can suggest to call/write/let them know.

Call customer service, Call DC Customer Service

Call Customer service and make the suggestions, tell them how much worse the program is than the AMEX

 

[raidermatt]

This wouldn't be so distasteful for me if hadn't been so much talking about improving reward programs for valued guests - instead they are screwing them to make more profit.

Its a pattern...

Also, nowhere does it mention an interest rate. It is a variable rate and only a formula for determining the rate is explained.

It's in there Janet, its required by law. Check the white pamphlet that says "Cardmember Agreement" at the top, and "BANK1ONE" at the bottom. There is a "Table of Interest Charges" somewhere in there, and it explains the variable rate, and also tells you what it was as of January 2, 2003. In mine, its in the "verbage" portion, not quite half way down the page. The sentence begins "On January 2, 2003, teh prime rate..."