Credit karm shows 650 credit score, I've heard the Disney card is hard to get, and have been declined in the past so I wasn't sure if I should apply. I was instantly approved for $5000 CL
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This review primarily applies to Disney Vacation Club members or potential members. One of the primary perks of this card is 0% interest for six months on purchases of Disney vacation packages, after which the standard interest rate kicks in. Having gone through numerous circles with Chase, Disney, and DVC, it seems that no one really knows what is going on. The terms of this promotion are vaguely stated in a mere few paragraphs in the terms with little clarification as to what constitutes a package, specifically in regards to DVC members. Resort rooms booked through DVC are handled a la carte, as are tickets and dining plans. According to Chase, depending upon which "decision" I go with (I'm choosing the last one I received from the highest escalation I could get), it's totally up to Disney as to how these promotions are "coded" in regards to the purchase. According to DVC management, they do not do packages and, based on my last conversation with them, the Disney Vacation Club, and Disney as a whole, it seems, could really care less about whether the Disney branded Visa card loses one of its central benefits for DVC members. The last DVC manager I spoke with even had the gall to suggest that I could still book standard packages without using my DVC membership to get the benefit. Welcome home indeed! If you are avid fans of vacationing in Disneyworld, as we are, this is obviously a great disappointment. While the down payment towards the DVC membership did qualify for the 0% promotion, even confirming that was confusing on all sides. Since the actual payments towards DVC cannot be put on a credit card this means that either one must put an enormous amount down on this card (that probably has a really limited credit limit) or lose out on this benefit entirely forevermore. The standard Disney Visa card offers a substandard 1% back on all purchases in the form of Disney dollars that must be loaded onto a redemption card. Both the credit card and redemption card offer some discounts and perks, but it is unclear anywhere as to whether the entire purchase of such must be made using either card. Considering that the 1% back in rewards is highly unlikely to result in much to spend in regards to a Disney vacation, the chances of having enough to cover even a couple of bills on the redemption card is unlikely. For example, one would need to spend $20,000 on the standard Disney Visa card (with a $3000 limit in my case) just to earn $200 worth of rewards to hopefully cover a couple of purchases in the parks. The Premier Disney Visa card does earn 2% on select categories, but that would still require spending $15,000 at a 50% mix of 1% and 2% categories to earn $200 worth of rewards AFTER losing $49 to the annual fee, which reduces the incentive further. Considering that most other cards offer at least this much standard, putting a fee-wall on the 2% categories seems steep. Now, the coup de grace from all of this is that the rewards ONLY benefit towards paying Disney. You read it right. Since all of the rewards only apply towards redemption or discount towards Disney, these limitations do not let you use your difficulty-earned rewards for your general use. I have taken a great deal of time writing this review in hopes of: 1) Informing potential applicants and current holders so they do not waste their time in vain like I did; 2) Disney waking up and realizing that their cards are not very magical on the bottom-line of cardholders; and 3) Receiving greatly-clarified terms and disclosures regarding these and other confusions that will benefit cardholders and make the experience as magical as Disney would like it to be.
A note: The general customer service representatives on both the Chase and Disney/DVC ends have been fantastic and friendly and are, aside from lacking perhaps some training on these specific matters and matters requiring escalation in general, some of the best. If I've had any grievances in the way of customer service (and I don't mean in regards to getting my way), they are with some clearly overpaid, underqualified, slightly-belligerent managers who need to know that they are not in the position of making company-wide decisions on policy. Rather than doing what is best for the company, some choose the route of shutdown or redirect, which just results in reviews like this one, which are the real skeletons in the closet of corporations, since they haunt products almost indefinitely.
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