We've had several referrals, and the time frame has been different for each one as far as receiving our rewards. My DH didn't create his own account online for
DVC, and the first two referrals we received went under his name for some odd reason. Therefore, it took quite a bit longer, and DVC finally mailed us a card telling us that we had received the referral reward and asking us to choose which reward we wanted. The process for this took several months.
We referred two different families in March. We received our reward online within two weeks of one of the referrals. I was shocked! We had our Disney gift card within two weeks of choosing our reward. That's the fastest we've ever received a reward! We also created an account online for my husband so we could see our rewards faster after finding out after the first two referrals that it slows up the process if he doesn't have an online account (if the referral goes under his name and not mine). Ironically, our referrals in March went under my name and not my husband's for some odd reason.
I will caution you that we've had quite a bit of trouble with DVC and rewards twice now. We ended up being right both times, but it took LOTS of calls to DVC. I was given the runaround multiple times but knew for a fact that our referrals did in fact list us as their referral, and I also knew they had never looked in to DVC prior to learning about it from us. They signed the form that is necessary in order for us to receive our referral, but somewhere along the way, DVC dropped the ball. They did make it right, but I had to spend hours on the phone trying to find someone that could help me. We finally received our gift card for our second referral in mid-May, but that time frame still wasn't bad considering they had just purchased in March. If I hadn't been diligent about it, we likely never would have received our reward for our second referral in March.
My advice would be to be patient because it's likely way too early for you to see your referral but to also watch it closely and stay on top of it. DVC does make mistakes, and we've had it happen to us twice now. If you don't see a Sharing the Magic reward online within the next 5 or 6 weeks, I'd most definitely start calling. Good luck--although it's been a pain for us, those gift cards are wonderful, and I'm just glad we are eligible for them and have always eventually received them.
Susan