We just got an offer to open a Disney Visa and receive a $200 gift card after a certain amount of charges. Is this about the best deal they offer for opening an account? Does anyone know when/if the gift card would expire? Our next trip is in about 2 years.
Any other advice? Our current credit card offers about 1% cash back so I'm not sure if I want to make the switch--but I like the idea of earning rewards toward the next trip!
Depends on how you like to use them...if you are planning on putting
all your rewards towards Disney (like we do) then it is better...you get 2% back at restaurants, grocery stores, and gas stations...and most
Walmart supercenters count as "grocery stores" as do some Targets. Those are our biggest budget items, so the extra percent is very nice.
There is a yearly fee of $49, but for us, we clear the yearly fee in the first two months of the year, and the other ten are just points...for this trip, after two years of having the card we are putting about $1,100 of rewards twoard our trip...I'm sure we could have earned more if we had been more dilligent about using it for everything we could, realized we had a few recurring monthly payments (the Netflix, tolltag) that we forgot to move to it.
If you can use it, and pay it off in full monthly, you can get a nice chunk pretty quickly. And once you get that first Disney Reward card with the points on it, you can call in and transfer points to it at any time...we cashed ours out putting down our last payment in August...but already have estimated we will have at least $250 ready to move back to the Reward Card when we go in December...only takes a minute to add that to the card we have in hand (takes ten days to receive a new reward card, so we just always use the one we already have.)
