09-21-2006, 09:17 AM
Community Rank: Adventurer
Join Date: Oct 2003
Location: Flower Mound, TX
Re: Disney Visa
You only get 1% back so getting up enough to pay for "big ticket" items could take years, depending on how much you spend on your credit card. We use Discover, and with 1% back we get about $300 a year. We put EVERYTHING on our card and pay it off every month. Sometimes you can even pay your bills with your credit card (online) like water, electric, etc. Then pay it all at the end of the month on your Visa. Be aware though, once you transfer those Disney Reward dollars to the actual card that they send you in the mail, those dollars will expire within a year. Keep them banked online instead of transferring them to the card and I'm pretty sure they don't expire. I accidently let about $5 lapse one year. About a month before your trip, transfer all your Reward Dollars to the card to take with you. Then, don't forget to use it! I've taken mine to WDW and totally forgotten to use it before. Dunce me.
Actually, I love putting everything I spend on the card, like groceries, fast food and all. It keeps really good track of what you've spent AND you get that 1% back. If you do it that way, you'll rack up some bucks.
Go through your other credit cards, see how much you spent last year, add in what other things you can possibly use your card for and then calculate 1% of that. You'll get a pretty good idea of what you can expect out of it. Just DON'T carry a balance on the card. It'll totally negate the 1% you earned.
Wow, I'm pretty wordy aren't I. Sorry.