General Disney Visa Questions

[megandgarr]

Hi,

I hope this is the correct place to post this question. If not, please feel free to move this post.

I have 2 questions;

1) I plan to pay my balance in full each month on my Disney Visa and will only be using it as a debit to earn rewards. My statement cycled on 3/7 and my miminum payment is due on 4/3. If I plan to pay my balance in full by 4/3, do I only need to pay my statement balance that was due when it cycled on 3/7 by 4/3 to avoid interest, or do I need to pay my current full balance (including anything charged after the cycle date) to avoid interest?

2) If I pay my current account balance and reward points for amounts charged after my cycle date have not been posted in my "rewards", will I still earn them or do I basically lose those rewards because that balance is no longer there when my statement cycles again?

I hope that makes sense. Any info would be appreciated.
Thanks,

 

[dhardawa]

1. You need to pay what was due as of the statement on 3/7 to avoid interest.

2. Your rewards will be based on what you spent, not when you paid that amount. So, if your statement closes on 3/7, you charge on 3/8 and pay everything on 3/9, you will still get the rewards for the 3/8 charge. I think that is what you're asking.

 

[tzolkin]

You need to pay the full amount listed on your statement (from 3/7).

Everything that was charged after that will appear on your next statement (4/7) . You will not accrue interest on any of those purchases until after the due date for that statement (May).


I'm a bit confused by your second question, but just to clarify... The rewards points appear on your account whenever your statement comes out. So the rewards you earn for your charges between 3/7 and 4/7 will appear on your April statement.

 

[megandgarr]

Great, thanks much.

Dhardawa, that was the exact answer I was looking for (#2).

 

[msmama]

1. You need to pay what was due as of the statement on 3/7 to avoid interest.

2. Your rewards will be based on what you spent, not when you paid that amount. So, if your statement closes on 3/7, you charge on 3/8 and pay everything on 3/9, you will still get the rewards for the 3/8 charge. I think that is what you're asking.

For #2 - I don't think you would actually be credited those reward points until the next statement date, though. Meaning, you don't accrue awards daily, just on the statement dates. (Does that make sense?)