You need to spend $400 to save $80 (20%) on non-Disney gift cards just to break even. After reading the fine print - I saw that each restaurant is limited to 10-$10 gift cards and each merchant is limited to 15 gift cards. For the ones that I'd definitely use (Red Lobster, Olive Garden, Blockbuster, and Barnes and Noble) - the savings would amount to less than $100, minus the $80 annual fee. That doesn't include any savings on theme park tickets or meal vouchers, but I wouldn't purchase many of them. So - I will probably be one of the many that cancels before the end of 30 days.