About Disney Premier Visa Card
Disney is most certainly a magical place, and to make that experience even more magical, Chase offers the Disney Premier Visa, a rewards credit card you can use to get discounts on all kinds of purchases.
Now, we’ve done dozens of credit card reviews and most of them have a relatively simple structure of earning points and redeeming those points for things like free travel and cash back.
The Disney Premier’s rewards redemption structure is a little more complex, so, part of this review will help you understand how you can best maximize the rewards on this card for travel and unique Disney experiences.
We’ll sprinkle those insights in between some in-depth examinations of the type of benefits you get with this card in the short-term and long run, as well as the rates and fees you’ll pay and what other people like you are saying about the Disney Premier Visa card.
The Disney Premier Visa’s Short-Term Benefits
When you sign up for the Disney Premier Visa, you’ll get a series of benefits in the first few months designed to drawn you in and apply.
Knowing that, take a look at what you read in the next few minutes and decide if what you get is worth signing up for the card.
$200 in Disney Gift Card
If you can spend $500 in the first three months of owning this card, you’ll get a $200 Disney gift card you can redeem at the following Disney locations:
- Walt Disney World Resort
- Disneyland Resort
- Disney Cruise Line
- U.S. Disney Stores
According to the fine print, you can’t use the card for purchases of “real estate interest in a Disney Vacation Club Resort.”
Here are a few other important things you need to keep in mind:
- Gift card takes up to 8 weeks to arrive
- The following purchases don’t count toward the $500 limit:
- Balance transfers
- Credit card fees
- Traveler’s checks
- Lottery tickets
- Casino chips
- Sports betting
Tickets to the Magic Kingdom in California and Orlando charge three different ticket prices for adults depending on the season:
- Value: $99
- Regular: $107
- Peak: $119
In that context, your intro bonus can get you two free adult tickets during the Value season. Remember, though, taxes aren’t included in those prices so you can expect to pay around $15 in taxes.
How does the $200 gift card stack up against other credit card rewards? Well, the Starwood Preferred Guest card from American Express gives a 25,000-point bonus. A stay at the Walt Disney World Dolphin Resort costs 10,000 points per night and costs, at the time of publishing, $235 per night.
So, with that intro bonus and $5,000 in spending you could earn three free nights at the Dolphin. The cash value of that redemption is $705.
In our opinion, the Starwood Preferred Guest card would be a better value for you if you plan on using rewards for a trip to Disney. If you simply want to use your $200 gift card to buy things online, then the Disney card offers better value.
Long-Term Benefits of the Disney Premier Visa
So far, what do you think about the card’s short-term benefits? If you aren’t convinced this card is a good fit, then read through the long-term benefits we’re examining in this section.
10% of Disney Purchases of $50 or More
Anytime you make a purchase with your Disney Premier Visa card at a Disney Resort, Disney Store or on the Disney website, you’ll get a 10% discount on your purchases as long as your total is $50 or higher. The discount doesn’t apply to shipping and handling charges.
There are some pretty interesting restrictions on here you’ll instantly notice if you’re a Disney fan. For example, you won’t get the discount at the following locations:
- World of Disney
- Disney Studio Store Hollywood & Ghirardelli Soda Fountain Shop
You also won’t get the discount on theme park passes, Disney Vacation Club and Disney Cruise Line purchases.
Disney Dollar Bonuses
In most cases, the purchases you make with your Disney Premier Visa card will earn Disney Dollars, which is Disney’s version of the rewards points you’d earn with pretty much any rewards credit cards.
You get two types of bonuses on this card:
- 2% on gas, restaurant and grocery purchases
- 1% on just about everything else
The only transactions that won’t get bonus Disney Dollars are cash-like transactions: credit card fees, balance transfers, poker chips, gambling deposits, etc.
These points don’t expire as long as you keep your account open and don’t become 120 days late or more.
Based on our estimates, the average family could earn more than 36,000 points during the year.
Redeeming Disney Dollar Bonuses
You can use your Disney Dollar balance to retroactively pay for travel and Disney purchases. For example, if you bought a $400 airline ticket and your Disney Dollar balance is $400, you can cancel out the ticket purchase.
You can use the Disney Dollars on your card to pay for pretty much any Disney-related purchases at Disney-owned stores and theme parks.
What’s cool about the Disney card – and quite different than other rewards cards – is that you can have your balance put on a Disney Rewards Redemption Card that you can use when you go to Disney theme parks and other Disney brick-and-mortar locations.
Other rewards cards we’ve reviewed don’t give you the option of depositing your cash rewards on a brand-specific card.
In our opinion, putting your Disney Dollars balance on a card is a great way to plan ahead for a Disney vacation.
Discounts at Disney Theme Parks, Restaurants and Resort Services
Here’s a quick list of some of the discounts you can expect:
- 10% of certain dining locations at WDW, Disneyland and Disney’s Vero Beach Resort
- 10% off recreation activities at Disney resorts
- 15% off regular-price salon treatments at WDW resort
- 0% APR for six months on Disney vacation purchases
Each of these perks comes with restrictions, so make sure you read the Premier Cardmember Reward Program guide you get when Chase sends you your card. Based on what we read when we went through all the fine print, there are a lot of little exceptions and rules that could be really confusing.
The Disney Premier Visa Card’s Rates and Fees
If you’re thinking, at this point, that the Disney Premier Visa card can save you a lot of money considering how much you spend at and on Disney every year, that’s a good thing. It’s important to know how much you spend and how much you could realistically get back in Disney Dollars.
However, the one thing that can undercut all of that value is racking up interest payment sand fees on your credit card.
Here’s a quick list of this card’s interest rates and fees:
- APR: 16.99%
- Annual fee: $49
- Late/returned payment fee: Up to $37
- Balance transfer fee: 3%
- Foreign transaction fee: 3%
As we mentioned a few seconds ago, paying any of these fees undercuts the value of your Disney Premier Visa card.
For example, if you carry a $3,000 balance on your card for a year, your interest charges will be more than $500, which basically wipes out any free or discounted things you bought because of your Disney card.
The best way to maximize the value of your card is to never, ever pay interest or fees.
Expert and Consumer Opinions About the Disney Premier Visa
We browed around a couple of sites besides HighYa to get a sense of what the general opinion about this card is. We even consulted a site dedicated to hardcore Disney fans. The across-the-board opinion is that this card offers excellent perks for Disney fans but shouldn’t be used as a primary credit card.
Which card you use as your main card is up to you and has a lot to do with your spending habits. If you throw down thousands of dollars a year on Disney vacations, then this card is a great way to save money.
If you only go to Disney once a year and your purchases consist of tickets and food/memorabilia in the park, this card may not be a good fit because you won’t be able to take full advantage of it. But even that is up for debate.
The average family can spend, by our estimation, at least $36,000 a year on this card, which is enough to get free passes for two adults and a child with around $50 to spare for purchases in the park.
Pros of the Disney Premier Visa
We think the strength of this card is the variety of discounts you get at Disney stores and theme parks. The free tickets you can get with the $200 intro bonus as well as the Disney Dollars you can rack up during the year are more than enough to pay for a family of three to head to Disney.
Cons of the Disney Premier Visa
The downside to this card is its high interest rate. This only comes into play if you carry a balance, so keep that in mind.
Normally we’d say the fact that your intro bonus of $200 is a drawback because you can only use it for Disney purchases. However, our guess is that only Disney fans will be interested in this card so the Disney-only rewards isn’t a downside.
Who Is the Disney Premier Visa Good For?
We think it’s pretty clear that the Disney Premier is a very nuanced card that’s an excellent fit for a family, couple or individual who makes yearly trips to Disneyland or Walt Disney World.