New Disney Visa "Inspire" card

[AttheParks]

My closing was yesterday. Received the $300 credit for spending $1,000 immediately a couple weeks ago. I haven't received the $100 for renewing my annual pass on 2/19. Hope it posts soon!

 

[Lorana]

Is 0% financing on Disney cruise purchases a perk of the card? If so, how do you activate it?

I’m guessing WDW LLs? We’ve probably hit the $200 on hard tickets and LLs at this point (each!) but all at DLR.

All Disney Visa cards offer the 0% financing if you pay the cruise vacation with your Disney Visa. It does not count for purchases made onboard the cruise, however.

And, Yes, WDW LLs.

 

[HyperspaceMountainPilot]

All Disney Visa cards offer the 0% financing if you pay the cruise vacation with your Disney Visa. It does not count for purchases made onboard the cruise, however.

And, Yes, WDW LLs.

I can see now on my statement that there is some sort of special balance amount— but it’s a few purchases made on different dates— do I just need to keep track of how much I have to pay by when or is there a way to look that up?

 

[RuntheMouse]

I can see now on my statement that there is some sort of special balance amount— but it’s a few purchases made on different dates— do I just need to keep track of how much I have to pay by when or is there a way to look that up?

On your statement, it should tell you the expiration of the 0% financing. It will also give you your minimum payment as well as an interest saving payment. If you pay more than that amount, it will tell you that you are prepaying on your special offer.

 

[eticketplease]

I can see now on my statement that there is some sort of special balance amount— but it’s a few purchases made on different dates— do I just need to keep track of how much I have to pay by when or is there a way to look that up?

As @RuntheMouse stated it is the Interest Saving Payment.

As long as you pay that there will be no interest until it tells you the interest period is up somewhere on your statement.

Unlike some credit cards that offers 0% interest, Chase does not divide your purchase by six to add to that payment amount. Basically the amount of the interest savings payment is the amount of all your purchases that don’t qualify for 0% interest plus one or two dollars.

If you’re trying to do a budget, take the number in the interest balance and divide by five and pay that amount in addition to the interest savings payment for no surprises otherwise you can just keep that money in a HYSA and pay the whole thing when due.

 

[gottalovepluto]

If I call, can I get them to charge the entire stay to my card now and not just the deposit?

Yes. They can charge any amount you want up to the remaining balance due.

 

[HyperspaceMountainPilot]

As @RuntheMouse stated it is the Interest Saving Payment.

As long as you pay that there will be no interest until it tells you the interest period is up somewhere on your statement.

Unlike some credit cards that offers 0% interest, Chase does not divide your purchase by six to add to that payment amount. Basically the amount of the interest savings payment is the amount of all your purchases that don’t qualify for 0% interest plus one or two dollars.

If you’re trying to do a budget, take the number in the interest balance and divide by five and pay that amount in addition to the interest savings payment for no surprises otherwise you can just keep that money in a HYSA and pay the whole thing when due.

This is great, thank you! I usually don't carry any balance on a credit card and often the 0% rates end up being a gotcha, but I did once take advantage of a Chase offer to pay over time (with no fees or interest as a teaser) and was able to just pay the "interest saving balance" over time (I think buying DVC actually, lol)-- so it looks like this is basically the same system, which is extremely user friendly, I just need to remember to set up the default payment to interest saving balance and not total balance, and I can leave my money in t-bills longer!

 

[Lorana]

I can see now on my statement that there is some sort of special balance amount— but it’s a few purchases made on different dates— do I just need to keep track of how much I have to pay by when or is there a way to look that up?

The easiest way to look it up is to check your statement. At the bottom of the statement, there's a summary of all special financing. If it was several purchases over a statement period, they'll just add it up and give you a total with the date that the financing ends.

A really important thing to note -- my experience has been that Chase does NOT include the coming-due balance of special financing in the "interest savings balance." What this means is that the month your payment is due for the 0% financing, you have to remember that it is due, as it won't reflect in that interest savings balance amount. Usually the date is your statement end date (as opposed to your payment due date).

Also, sometimes if the purchase was very close to start of the statement, sometimes they give you only 5 months instead of 6 -- though I suppose you could look at this in the reverse and say that sometimes payments made in prior month near start of statement period get 7 months instead of 6. ;-)

I have a spreadsheet I used to track finances, and so I have a listing there of any 0% offers on cards that we've taken advantage of so I can more easily check due dates and amounts.