Dues-Is it easy to switch to monthly payments?

[Luv2trav]

How easy it to switch to monthly payments? We are currently on 1 lump sum payment.

 

[chalee94]

really easy.

but it's better not to wait till the last minute since it can take some time to get the draft from your checking account set up...

call member accounting and see what they can do.

 

[Luv2trav]

Thanks.. I still haven't decided which way to go..

 

[erionm]

If you switch them to monthly, you can still pay them in one sum if you wish. That would give you more flexibility.

 

[mooneyda]

I personally get it withdrawn from my bank monthly

 

[LisaS]

If you switch them to monthly, you can still pay them in one sum if you wish. That would give you more flexibility.

I agree. By signing up for monthly debit, you have the flexibility if you need it but can pay off the balance at any time. We have a few other annual bills that come due in January. I switched to monthly payments with DVC so that I can pay the minimum in Jan and Feb and then pay off the remainder in March and still get some Disney Visa reward dollars.

 

[all4fun]

We just switched to monthly and it was very, very easy.

We faxed a letter to member accounting with a voided check so they could have the necessary account coding. Did it in late December and it worked for January.

I thought it might have been too late for January, buy MS confirmed that the change had been made. It went quite smoothly.

 

[JerJan]

Cah you put the monthly payment on a Visa card or does it have to be from your checking account?

 

[chalee94]

Cah you put the monthly payment on a Visa card or does it have to be from your checking account?

it has to be from your checking account in order to go monthly. you can pay in full by visa card if you prefer.