How does 0% interest on the Disney Visa work?

[Kapp]

Do they somehow keep your Disney vacation purchases (and that is another question, what counts for the 0%) separate from your other purchases on the VISA?

Anyone????

 

[HayGan]

Do they somehow keep your Disney vacation purchases (and that is another question, what counts for the 0%) separate from your other purchases on the VISA?

Anyone????

In order to receive the 0% financing you have to book a package thru WDW directly or an authorized travel agent. The payment must be processed by WDW in order to receive the 0% financing. (We booked ours thru AAA and didn't have any problems with getting the 0%.) The 0% purchase is recorded seperately but if you are carrying a balance they will apply your payments to the 0% first.

 

[4greatboys]

One important thing about the no interest is that if you charge something else on your card then any payments are applied first to the the no interest charges then once that is paid off they are applied to the charges with interest. So they are not charging you interest but they are applying payments to items with financing charges last. Make any sense? lol

 

[Kapp]

I am totally confused now! Guess I will try and call Disney VISA and see what I can find out.

THANKS!!!!!!!!!!!

 

[poohj80]

What part is confusing you? The explanations above pretty much cover the process.

 

[zachsmomie]

I understnad that my Disney Land/Sea package is 0% for 6 months. If I use my Disney Visa card for my room charges, will those charges (since Disney charges them all at one time) also be 0% since it is posting as a Disney charge?

Thanks

 

[poohj80]

No, just the original package booked through Disney will be 0%. Any charges you incur while on your trip will be at the normal APR and will be paid off after your 0% balance from what I understand.

 

[4greatboys]

I am totally confused now! Guess I will try and call Disney VISA and see what I can find out.

THANKS!!!!!!!!!!!

Okay say you charged a $3000 disney vacation at 0% interest. You make a payment or 2 then charge a new $3000 tv set. Your still paying 0% on your vacation but you are being charged a finance charge for your TV purchase. Once you purchase that TV all payments recd thereafter are being credited to your vacation--which is still at 0% but your $3000 TV is accuring interest every month til you: 1) pay off your vacation, then 2) pay off the TV set. So if it takes you 6 months to pay off your Disney vacation then thats 6 months worth of interest accrued on your TV. Does that help you more?