Hard time deciding when to purchase

[ClaraOswald]

So what amount do we actually charge to the credit card if we buy direct? Is it basically the price after all incentives are factored it? They don't take MB amount off before charging me, correct?

So for 160 points....with $23 off per points plus $1500 off and $500 off for D23, that puts the total at
$33,520 plus closing costs/fees. That's what would immediately be charged to my credit card?

Or is it that, PLUS the annual dues for the year? Or do I go and pay that on the DVC site later?

Can I put it on two cards? Our current limit (after asking for an increase recently) is $32,000 right now, I believe on the Disney Premier card. But we also have the regular Disney card too.

 

[VGCgroupie]

So what amount do we actually charge to the credit card if we buy direct? Is it basically the price after all incentives are factored it? They don't take MB amount off before charging me, correct?

Correct MB is sent to you by mail after closing in the form of a check.

So for 160 points....with $23 off per points plus $1500 off and $500 off for D23, that puts the total at
$33,520 plus closing costs/fees. That's what would immediately be charged to my credit card?

You tell them how much to charge over the deposit.

Or is it that, PLUS the annual dues for the year? Or do I go and pay that on the DVC site later?

Dues are billed to your dashboard later.

Can I put it on two cards? Our current limit (after asking for an increase recently) is $32,000 right now, I believe on the Disney Premier card. But we also have the regular Disney card too.

You can use as many credit cards as you want to.

 

[Genie+]

So what amount do we actually charge to the credit card if we buy direct? Is it basically the price after all incentives are factored it? They don't take MB amount off before charging me, correct?

So for 160 points....with $23 off per points plus $1500 off and $500 off for D23, that puts the total at
$33,520 plus closing costs/fees. That's what would immediately be charged to my credit card?

Or is it that, PLUS the annual dues for the year? Or do I go and pay that on the DVC site later?

Can I put it on two cards? Our current limit (after asking for an increase recently) is $32,000 right now, I believe on the Disney Premier card. But we also have the regular Disney card too.

We had our guide split into a few monthly payments. I think today you can split it in thirds, paying on day 1, 30 and 60. We set up our first payment splitting between credit cards. They set up the next payments to automatically draw those same amounts/cards, but as long as you contact them the day before the following payment schedule you can change it to pay however you like. Each month we just paid off those cards before next billing came through. Racked up a bunch of CC points and gave us some time to keep earning money - made that big chunk of money feel less painful.

I’ve heard they’ll let you put less than a third down, but we just did it equally. On $33.5k that would be ~$11,200. Closing costs would be split the same, so roughly $200-$300 more each payment. Estimate $11.5k down, then again 2 more times.

Eta - for example on that $11.5k pymt, that could be split $7k on one card, $4.5k on another… or however you like. Probably could even do more than 2 cards, but we did not try that.

Our dues were not payable until that final payment went through, though they did bill from the date the contract was drawn up. And once that final payment is made, they can start processing MB. I was told around 6 weeks and the check arrived in 3 weeks.

 

[ClaraOswald]

We had our guide split into a few monthly payments. I think today you can split it in thirds, paying on day 1, 30 and 60. We set up our first payment splitting between credit cards. They set up the next payments to automatically draw those same amounts/cards, but as long as you contact them the day before the following payment schedule you can change it to pay however you like. Each month we just paid off those cards before next billing came through. Racked up a bunch of CC points and gave us some time to keep earning money - made that big chunk of money feel less painful.

I’ve heard they’ll let you put less than a third down, but we just did it equally. On $33.5k that would be ~$11,200. Closing costs would be split the same, so roughly $200-$300 more each payment. Estimate $11.5k down, then again 2 more times.

Eta - for example on that $11.5k pymt, that could be split $7k on one card, $4.5k on another… or however you like. Probably could even do more than 2 cards, but we did not try that.

Our dues were not payable until that final payment went through, though they did bill from the date the contract was drawn up. And once that final payment is made, they can start processing MB. I was told around 6 weeks and the check arrived in 3 weeks.

So they let you break it into 3 payments without having to use financing or anything like that?

Splitting it into 3rd to basically span 3 different credit card billing statements would be nice so that we could still use our card for our other monthly purchases without having to immediately go in and pay off the DVC stuff.

 

[VGCgroupie]

So they let you break it into 3 payments without having to use financing or anything like that?

Splitting it into 3rd to basically span 3 different credit card billing statements would be nice so that we could still use our card for our other monthly purchases without having to immediately go in and pay off the DVC stuff.

Right. My deposit was like $1000 or something low. Then I did a delayed closing with payments. I made multiple payments over 90 days with multiple cards. Currently I think they have lowered the payment time to 45 days (maybe 60 if you request it). So you will pay deposit and then have 45 days to make payments to cover the balance. No financing is involved.

 

[ClaraOswald]

Right. My deposit was like $1000 or something low. Then I did a delayed closing with payments. I made multiple payments over 90 days with multiple cards. Currently I think they have lowered the payment time to 45 days (maybe 60 if you request it). So you will pay deposit and then have 45 days to make payments to cover the balance. No financing is involved.

But did they charge it to your card all at the same time? Or did they actually break it up and not charge your until days 30 and 60?

I remember reading we could take 6 months to pay, interest free. But I assumed the big charge all went on on day 1, basically.

 

[Sandisw]

But did they charge it to your card all at the same time? Or did they actually break it up and not charge your until days 30 and 60?

I remember reading we could take 6 months to pay, interest free. But I assumed the big charge all went on on day 1, basically.

They charge it at the increments…and then those increments start their own 6 months clock.

 

[VGCgroupie]

But did they charge it to your card all at the same time? Or did they actually break it up and not charge your until days 30 and 60?

I remember reading we could take 6 months to pay, interest free. But I assumed the big charge all went on on day 1, basically.

I paid the deposit by giving them my card number. I then made phone calls and paid them what I wanted to pay over the course of 90 days (possibly 45 days for you)

If you are talking about the 0% for 6 months for using the Disney Visa that is a completely separate thing. That has nothing to do with DVC or how you setup paying them. Whenever a charge for a DVC direct purchase hits your Visa account you get the 0% for 6 months. They don’t care if it’s $400 or $40,000 dollars at once.

 

[Genie+]

Right. My deposit was like $1000 or something low. Then I did a delayed closing with payments. I made multiple payments over 90 days with multiple cards. Currently I think they have lowered the payment time to 45 days (maybe 60 if you request it). So you will pay deposit and then have 45 days to make payments to cover the balance. No financing is involved.

Oh wow, it was 90 days back when we bought in 2023. I heard they shortened that to 60, but maybe now they are trying to keep people within 45 days? I’d definitely be asking for 60

So they let you break it into 3 payments without having to use financing or anything like that?

Splitting it into 3rd to basically span 3 different credit card billing statements would be nice so that we could still use our card for our other monthly purchases without having to immediately go in and pay off the DVC stuff.

Yes, those 3 payments were without financing and did not add any extra cost or fee.

I’m pretty sure you could work that plan out with your guide. Ask them to approve 3 payments over 60 days, something like:

Feb 1 - $11.5k (using 3 different cards, split in whichever ratio you prefer)

Mar 1 - repeat

Apr 1 - repeat

 

[Genie+]

I just want to add - they were very flexible about paying off the balance. They told us if for some reason we needed to use different cards or payment method after the down payment, just call in before the next payment is drawn and give the updated payment details. Which could come in handy, say you end up finding a good new credit card sign-up bonus or something, it would be easy to change your next payment method to that before it auto-billed.

 

[ClaraOswald]

Well...this sucks.

I sent my guide an email with a bunch of questions. I got an automated response saying he's out of the office until February 16th. So....am I out of luck for the current incentives???

There's this part in the email that says - "If you have questions about incentives or pricing we recently discussed, this email will serve as a timestamp. I will honor those details as soon as I am back in the office."

However, the most recently time I really talked to him about purchasing was when we saw him in December.

Ugh.

 

[VGCgroupie]

Oh wow, it was 90 days back when we bought in 2023. I heard they shortened that to 60, but maybe now they are trying to keep people within 45 days? I’d definitely be asking for 60

I also got 90 days. One of those "those were the days" type things. I know they went to 60 for sure, but some said they were told 45. I did have someone say their guide would ask a manager for 60 so it possible it's an option if you press them.

I just want to add - they were very flexible about paying off the balance. They told us if for some reason we needed to use different cards or payment method after the down payment, just call in before the next payment is drawn and give the updated payment details. Which could come in handy, say you end up finding a good new credit card sign-up bonus or something, it would be easy to change your next payment method to that before it auto-billed.

For me they didnt keep a card on file to auto bill anything. They just requested certain amounts paid by certain dates, but I used so many cards that I was always way ahead of what they were wanting paid

 

[VGCgroupie]

Well...this sucks.

I sent my guide an email with a bunch of questions. I got an automated response saying he's out of the office until February 16th. So....am I out of luck for the current incentives???

There's this part in the email that says - "If you have questions about incentives or pricing we recently discussed, this email will serve as a timestamp. I will honor those details as soon as I am back in the office."

However, the most recently time I really talked to him about purchasing was when we saw him in December.

Ugh.

Yeah I have no idea exactly how that would work. Would suck if you really do want to buy and he says he cant give you those incentives/base prices. Are you super committed to him? I would call a reputable guide and speak to them to be sure unless you are not for sure buying and are still on the fence.

 

[ClaraOswald]

Yeah, we are definitely committed to him. He's the only guide we've ever met in person. We actually switched him to our guide in December. So I definitely don't want to ditch him.

My husband and I talked a ton about our plan today and how we're feeling. We were thinking about waiting for the new Visa card but then figured the extra rewards % of points back would be less than what we'd save by purchasing before the price increase.

So we are thinking we'll want to straddle this incentive period and the next. I sent an email with several questions and I'm totally bummed now and not sure what to do.

 

[ClaraOswald]

I searched my old emails and the last one he sent was just the reminder to bank my points.

Before that, it was an email after I asked to have him official be my guide and he wrote back to say that was approved by his superior.

But there is an email from December 15th where he did give me a link to the current incentive chart. So does that "count" as discussing the incentives? Or not since it was over a month ago? And the fine print has that whole "within 7 days" crap.

 

[Genie+]

Yeah, we are definitely committed to him. He's the only guide we've ever met in person. We actually switched him to our guide in December. So I definitely don't want to ditch him.

My husband and I talked a ton about our plan today and how we're feeling. We were thinking about waiting for the new Visa card but then figured the extra rewards % of points back would be less than what we'd save by purchasing before the price increase.

So we are thinking we'll want to straddle this incentive period and the next. I sent an email with several questions and I'm totally bummed now and not sure what to do.

Ugh, that does stink.

I’d probably reach out to somebody else at DVC (not sure the best choice here, whether a guide or maybe a different department?) and let them know I’m seriously considering buying/straddling next incentive round, and also want to avoid anything that would negatively impact our guide. Would it be possible to talk to someone about what terms are possible for us, this way we’re better prepared when our guide returns Feb 16th? And double check access to both incentive rounds through Feb 16th.

If the guide needs to get payment approval anyway, maybe it’s possible to get that part done before the guide returns?

 

[ClaraOswald]

Yeah...I just have no idea who I would contact.

 

[tx911]

Yeah...I just have no idea who I would contact.

Try ‭(888) 292-5927‬

 

[ClaraOswald]

Thanks. I'll give it a shot on Monday.

 

[juliebee]

I was told 45 days to spread out the payments. I didn't request an extension on that, but can confirm that 45 days is what they said the max was earlier this month. They said they were totally happy to spread payments over multiple cards to hit the spend bonuses.

Sorry your guide is out, that is certainly not ideal when you are ready to make a decision.