Do any credit cards give extra cashback on DVC purchases Direct?

[AKNOTTS66]

We are going to be buying to DVC direct from Disney this week and our guide told us a lot of people but their dvc purchase on a few credit cards to get cash back then pay it off or use a 0% financing apr for 12-18 months on new cards. Im wondering though what card withour an annual fee would earn good cashback? What category to DVC sales fall under on a credit card? A lot of them have categories for extra cashback. Just looking for advice to maximize cashback otherwise wed be paying in cash.

 

[crvetter]

Best I found without an annual fee is the Citi Double Cash which’s gives 1% back at purchase and 1% back at payment so a total of 2% back. All in all the card is great all around though they did cut back the extended warranty benefit and price rewind benefit.

I believe for my chase card it coded as travel qualifying me for the increased cash back on that card. Though it is the Chase Sapphire Reserve which has an annual fee, which just increased, but sometimes can be worth it depending what the sign up bonus is at the time.

 

[AKNOTTS66]

Best I found without an annual fee is the Citi Double Cash which’s gives 1% back at purchase and 1% back at payment so a total of 2% back. All in all the card is great all around though they did cut back the extended warranty benefit and price rewind benefit.

I believe for my chase card it coded as travel qualifying me for the increased cash back on that card. Though it is the Chase Sapphire Reserve which has an annual fee, which just increased, but sometimes can be worth it depending what the sign up bonus is at the time.

Thanks! Ill have to look into that card! I have the Amex Cash Magnet which gives 1.5%. Which is probably my best one. Also a GM that does 5% on first 2 or 5,000 then 2% after.

 

[Sandisw]

I put my entire purchase of RIV on my Chase Disney VISAs...we have two..so I had the 6 months of 0% interest. This way, I didn’t have to take it out of my account.

Disney spread out the charges so that I missed the closing date on each...gave me 7 months. While I only got the 1% in rewards, I didn’t want to have to open new credit.

 

[GoofyCoaster]

Chase sapphire reserve annual fee just increased to $550/year but credits back $300 in travel annually and gives 3x points on travel. And yes, DVC direct purchase (timeshares) automatically code as travel. A $20K direct dvc purchase generates 60K in points and there is a 50k point bonus for reaching the minimum spend of $4k within the first few months. Cash back is 1% of points.

If you’ve already got a card that that gives 1.5% cash back, it diminishes potential savings of adding a high annual fee credit card into the mix.

These high annual fee cards often include travel insurance, airport lounge access, etc, but these perks only have value if utilized.

 

[EYL]

We are going to be buying to DVC direct from Disney this week and our guide told us a lot of people but their dvc purchase on a few credit cards to get cash back then pay it off or use a 0% financing apr for 12-18 months on new cards. Im wondering though what card withour an annual fee would earn good cashback? What category to DVC sales fall under on a credit card? A lot of them have categories for extra cashback. Just looking for advice to maximize cashback otherwise wed be paying in cash.

Do know that, for credit cards, a higher debt to credit ratio will result in a lower credit score temporarily. While this may not be extremely important for most, it may impact plans for a major purchase or a refinance of your mortgage while you owe money on DVC. Don't get me wrong, I purchased DVC with a credit card too. But this information was useful to me to plan my repayment.

 

[ehh]

Chase sapphire reserve annual fee just increased to $550/year but credits back $300 in travel annually and gives 3x points on travel. And yes, DVC direct purchase (timeshares) automatically code as travel. A $20K direct dvc purchase generates 60K in points and there is a 50k point bonus for reaching the minimum spend of $4k within the first few months. Cash back is 1% of points.

If you’ve already got a card that that gives 1.5% cash back, it diminishes potential savings of adding a high annual fee credit card into the mix.

These high annual fee cards often include travel insurance, airport lounge access, etc, but these perks only have value if utilized.

To add to this, if you use your points to book travel (flights, hotels, rental cars) through Chase's (decent) portal, each point is worth 1.5c. So 4.5% (1.5c * 3pts/dollar spent) value returned.