Is there an advantage to using a Disney Credit Card to finance DVC?

Discussion in 'Purchasing DVC' started by DanCio, Nov 27, 2018.

  1. DanCio

    DanCio Earning My Ears

    Sep 15, 2018
    I just applied for a Disney Credit Card and they gave me a $5K plus credit line. Is there any advantage to using it for a deposit, down payment or outright purchase? I'd pay it off when the bill came so I can pay cash if I need. Just wondering what the value of a Disney card is.

  2. andycat

    andycat 2009 - 3034 miles to WDW. 2010 - 162 miles to WDW

    Mar 17, 2003
    In short, I would say no. You can save more money by buying Disney gift cards (that can be used to pay maintenance fees) at a discount. Various other credit cards give more cash back, points, or discounts that the $.01 in Disney Dollars that one receives for each $1.00 USD spent with the CC. The details are probably off topic for this forum, but look at some of the discount forums and I'm sure you'll find a number of alternatives.

    The advantage of the Disney credit card, to me, are the in-park discounts on food and merchandise, but DVC members generally get the same offers.
    Ben E N likes this.
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  4. DaveNan

    DaveNan Mouseketeer

    Jul 31, 2017
    Agree with Gift Cards beats Disney Chase card (DC) from a savings perspective. I use DGC for my MF's. I did not use DGC for my direct points purchase, but if possible, it would beat the credit card benefit, unless you needed the 6 month interest free which I think comes with using a DC.

    As far as food and merchandise discounts, AP, DVC, and DC, most the time DVC beats DC. For merchandise AP and DVC are 20% on all purchases, whereas DC is 10% on purchases over $50 at the flagship stores only (Emporium, WoD.....). For table service at many of the same restaurants all 3 are 10%. The subtle difference is DC is off the entire pretax bill, including alcohol, but AP and DVC excludes alcohol. So if you are a big drinker, DC can save you a little.
  5. erionm

    erionm DIS Veteran

    Dec 6, 2008
    You would get 0% APR financing for 6 months on the purchase of a real estate interest, including a Member Add On, in a Disney Vacation Club® Resort.

    You would also earn Disney Reward Dollars on the purchase. The regular Disney Visa Card earns 1%, while the Disney Premier Visa Card earns 2%.
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  6. JohnGypsy

    JohnGypsy Needs giraffe at window every morning.

    Nov 20, 2018
    So, for resale-only DVC members (that don't buy an AP), the DC probably makes some sense for the 10% on table service and such. Especially for a card that has no annual fee and, if I recall, gave me like $250 in gift cards for signing up and meeting the spend. :) Hey -- plus you get a Star Wars M&G photo now and then, I think, right?

    KAT4DISNEY Glad to be a test subject

    Mar 17, 2008
    Unless something has changed you cannot use Gift cards for a purchase of DVC points.

    OP - as mentioned you can get a couple of things with that CC but if you have any other CC's there may be better rewards you can get if you use them for the purchase and then pay it off.
    Greg36 and mustinjourney like this.
  8. lovin'fl

    lovin'fl DIS Veteran

    Jun 7, 2011
    This. I use my Disney Premier and get 2% back which covers a good chunk of the closing costs.
  9. OKgirl

    OKgirl Mouseketeer

    Nov 7, 2015
    In our case, the advantage was that we called our Disney Chase Visa and told them we wanted to buy DVC and needed to up our credit limit to $34,000 (or so). It was probably $6000 at the time. They bumped us up immediately and we were able to purchase it with our credit card at 0% for 6 months. We were then able to pay it off within 6 months and earned some points for it (which we used on our next Disney trip).
    Hopefully likes this.
  10. DizBub

    DizBub Totally Addicted

    Dec 9, 2010
    It works for us. We have used it for down payments on 2 direct purchases and to outright buy another small add on. Got 2% back on all of them plus got 6 months to pay it back with 0% interest all 3 times. Then I use the rewards $ to put towards MFs, even bought a couple of APs one year. Free money. The modest discounts we get on merchadise and dining is nice too.

    I'm sure there may be better/alternative ways to do this but it's not worth it to me to go through all the nickel and diming calculations. I am happy with the return we get.
    Mikey15 likes this.
  11. kniquy

    kniquy DIS Veteran

    Dec 15, 2014
    If you are getting the 1% card then the $5000 that you could charge would get you $50 back. And using the 2% card $100 back but then there is an annual fee with that one. So it really doesn't get you much back. The card is nice to have if you are good about charging and paying off without accumulating interest. in this scenario you earn Disney reward $ that can be used for MF or a gift card for your future trip. It isn't a bad thing as long as you use it appropriately. We just had $138 in rewards that we used for our trip -- It basically averages to a free dinner. They do expire at some point, but you keep track of the rewards and just cash out when it comes time to pay MF.
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  12. Hopefully

    Hopefully DIS Veteran

    Nov 3, 1999
    We use the 2% card for nearly everything including groceries, gas, dry cleaning, medical, prescription co pays. Etc.
    We pay the balance in full monthly. We earn lots of rewards points for our annual trip - once over $1000 worth. It is worth it to us.
    kniquy likes this.

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