DVC/Disney Visa Promo ?

[gothmommie]

First off I apologize if this is a sticky somewhere and I missed it.

We are Disney Visa cardholders and are pursuing buying into DVC via a resale managed through Timeshare Closing Services. Assuming that I can pay my contract via Disney Visa (TBD when I contact TCS tomorrow), would the 0%, 6 month promo rate apply? How would Disney Visa (now Chase Bank) know this was a DVC contract purchase?

Also - if we make other purchases on the card, is the $$ we pay booked to the DVC purchase first THEN the purchases (lowest rate first)? We typically pay off monthly but use our card for everything so we get the pts.

Anyone have any ideas? I called Disney Visa but they were clueless and sent me to DVC who, of course, had no clue about CHASE'S offering!

Thanks!

P.S. We plan to pay off the balance in full in 6 months and could pay cash now but if we have the opportunity to use our card and get reward pts AND have them hold the debt for 6 months while our money continues to collect interest that's a better deal.

 

[RobDoc]

While DVC will accept credit cards for purchase and annual fees, I don't think resale brokers are set up to accept any payments by credit card.

Better check in advance before making too many assumptions.

Good luck!

 

[CarolMN]

Agree with Doc. Most sellers (other than Disney) will not accept credit cards - the credit card company charges them a fee. No reason for them to pay that when they can just require the buyer to pay with certified check or other form of "cash".

If you want to take advantage of the Disney Visa deal , you will have to buy directly from Disney.

Best wishes -

 

[vascubaguy]

One option though might be to contact the credit card company and let them know that you want to use your card for a real estate purchase but that the title company does not accept credit cards. Then ask the credit card company if they would allow you to use one of those "convenience checks" but apply it as a "purchase". They may waive the cash advance fee and allow you to get the promo rate. Could be worth giving it a shot.