Disney Visa and 25-point Direct Purchase

[Pluto1976]

Can someone fill me in on the current offer for the Disney Visa card if one was to purchase a 25-point-ish contract direct from Disney. Can the card be used to make the entire purchase with 0% interest for 6-months? Or, is there a better strategy?

 

[Mle8308]

Can someone fill me in on the current offer for the Disney Visa card if one was to purchase a 25-point-ish contract direct from Disney. Can the card be used to make the entire purchase with 0% interest for 6-months? Or, is there a better strategy?

If your credit limit allows it. It's not a bad idea, you get the points and the interest free for the 6 months.

 

[davidhr]

Can someone fill me in on the current offer for the Disney Visa card if one was to purchase a 25-point-ish contract direct from Disney. Can the card be used to make the entire purchase with 0% interest for 6-months? Or, is there a better strategy?

Yes you can do that. If you want the 6 month 0%, then it’s a good strategy.

If you want to maximize savings, opening a new card with a good sign up bonus is the better strategy.

 

[VGCgroupie]

There's no incentive or "special offer" as far as savings go. But you can make the payment with your Disney Visa Premier and you will get 2% rewards and get 0% apr for 6 months.

 

[VGCgroupie]

Also agree a better strategy for savings is opening a new credit card with a spending bonus will save you more money. Chase Sapphire Preferred currently has 60-70k points bonus plus $300 travel credit. Chase also codes DVC as travel so with this card you get 3% back. Sometimes you will also get the ability to pay over time up to 24 months with no fees, that isnt a guarantee but a potential bonus.

 

[reddog21]

Opening a new credit card with lower your credit score as it effects the avg age of your credit accounts. It's usually around 10-20 points which if you have a high credit score is negligible. If I already has the Disney visa card I would just use that.

 

[MerlinandtheMouse]

There's no incentive or "special offer" as far as savings go. But you can make the payment with your Disney Visa Premier and you will get 2% rewards and get 0% apr for 6 months.

I just signed up for the Disney Visa Premier (my regular CCs are Chase Sapphire Reserve and the Delta Amex Reserve so I didn’t want another Sapphire card just now, especially the lower tier one) to buy our next direct purchase.

If the OP doesn’t already have the Disney Visa and will be signing up new, I believe their signup bonus is $400 for $3000 spend in 3 months? Plus the 2% rewards…so ~$112 back for a 25pt purchase…not too bad actually. And you get the 6mos 0% interest. But if OP does have the Disney visa and isn’t eligible for the signup bonus, then I agree, other cards will have much better rewards.

 

[VGCgroupie]

I just signed up for the Disney Visa Premier (my regular CCs are Chase Sapphire Reserve and the Delta Amex Reserve so I didn’t want another Sapphire card just now, especially the lower tier one) to buy our next direct purchase.

If the OP doesn’t already have the Disney Visa and will be signing up new, I believe their signup bonus is $400 for $3000 spend in 3 months? Plus the 2% rewards…so ~$112 back for a 25pt purchase…not too bad actually. And you get the 6mos 0% interest. But if OP does have the Disney visa and ain’t eligible for the signup bonus, then I agree, other cards will have much better rewards.

Yep I forgot about the bonus for the Disney Visa.

 

[Traveling on cc points]

Opening a new credit card with lower your credit score as it effects the avg age of your credit accounts. It's usually around 10-20 points which if you have a high credit score is negligible. If I already has the Disney visa card I would just use that.

It only lowers it for a month or 2.
My score is 835 and have over 20 cards. (I play the points game) 3 opened in the last year.

 

[davidhr]

It only lowers it for a month or 2.
My score is 835 and have over 20 cards. (I play the points game) 3 opened in the last year.

Yeah, I have over 20 and barely get a hit. After 3 months it’s back to normal.

Also, if you’re open to business cards, those don’t impact your score (besides the hard pull) and have larger bonuses. But those normally require much more spend that might not be achievable just with a 25 points purchase.

 

[Chili327]

It only lowers it for a month or 2.
My score is 835 and have over 20 cards. (I play the points game) 3 opened in the last year.

Yeah, I have over 20 and barely get a hit. After 3 months it’s back to normal.

Also, if you’re open to business cards, those don’t impact your score (besides the hard pull) and have larger bonuses. But those normally require much more spend that might not be achievable just with a 25 points purchase.

Just curious, how do you manage 20 cards?
Do you use them all regularly, or do you just let many of them sit idle for months/years?

 

[disneylandtour]

Can someone fill me in on the current offer for the Disney Visa card if one was to purchase a 25-point-ish contract direct from Disney. Can the card be used to make the entire purchase with 0% interest for 6-months? Or, is there a better strategy?

Only on the Disney PREMIER Visa card, the one with an annual fee.

 

[davidhr]

Just curious, how do you manage 20 cards?
Do you use them all regularly, or do you just let many of them sit idle for months/years?

I don’t. I only use 2-3 cards regularly. The others were opened for bonuses. Sometimes if there’s a specific offer for a merchant, I’ll use it. I do cancel cards with annual fees after a year if I’m not going to use it, but keep no annual fees cards.

I use Simplifi to track my budgets, which connects to all the banks. There I know if the card has transactions, balance or payment pending. Really doesn’t add any more work to my regular weekly budget check.

 

[Traveling on cc points]

Just curious, how do you manage 20 cards?
Do you use them all regularly, or do you just let many of them sit idle for months/years?

I use most of them but not all.
I use different cards for different things.
1 for groceries
1 for restaurants
1 for travel
1 for cable/internet/office supply stores
A few store cards that give extra discounts
Several rotating categories like Amazon or wholesale clubs.

I keep track by keeping notes in my phone, especially for the rotating categories.

 

[Chili327]

I don’t. I only use 2-3 cards regularly. The others were opened for bonuses. Sometimes if there’s a specific offer for a merchant, I’ll use it. I do cancel cards with annual fees after a year if I’m not going to use it, but keep no annual fees cards.

I use Simplifi to track my budgets, which connects to all the banks. There I know if the card has transactions, balance or payment pending. Really doesn’t add any more work to my regular weekly budget check.

Is Simplifi similar to Rocket Money?

 

[davidhr]

Is Simplifi similar to Rocket Money?

Haven’t used it personally, but I believe rocket money has some budgeting and transaction tracking.

 

[CastAStone]

Just curious, how do you manage 20 cards?
Do you use them all regularly, or do you just let many of them sit idle for months/years?

Oh man, back in the day I had over 20 of the same card; RIP Citi Hilton HHonors no annual fee Visa with 50,000 points after your first purchase that let you open new cards and get the bonus twice every 65 days.

You paid for my honeymoon.

I let them all sit idle until Citi cancelled them. Some they cancelled after a year, some they cancelled later on, the rest when they lost the Hilton contract to Amex.

 

[TheDailyMoo]

Yeah credit card churning done the right way is very lucrative. Especially if you play the transfer points to airline loyalty programs game the right way.

 

[Chili327]

Yeah credit card churning done the right way is very lucrative. Especially if you play the transfer points to airline loyalty programs game the right way.

I’m trying to wrap my head around it. lol

 

[atthebeachclub]

Yeah credit card churning done the right way is very lucrative. Especially if you play the transfer points to airline loyalty programs game the right way.

Like….to Southwest?