in debt, Every day computer user, a low risk investor, on a strict budget
Pros
Rewards are great
Cons
it's a credit card
DEC
1
2008
The Disney Rewards Visa works great if you use it correctly.
The standard interest rate on this card is very high - but you can earn big bucks towards a trip to Disney World. As long as you pay off the card each month before interest is calculated, you should be okay. I never let a balance sit for more than 10 days before I pay it off. I'm usually sending a check before the charge hits the card. Stay on top of this bill and you can get free money for Disney World. You'll get ONE dollar for every 100 dollars spent. We use it to pay our monthly utilities, gas & groceries.
Keep in mind you also get 6 months of 0% interest on your Disney vacation.
(but certain restrictions apply to that...for example: you must stay overnight at least 1 night at a Disney Resort and buy a minimum of 1 day magic your way ticket for each member of your party)
NOTE: If you're already a rewards card member don't take advantage of that 5 dollars for the price of 1 dollar earned deal. It looks like you're making more, but you're averaging the same. The deal allows you to earn 5 points/dollars for every 100 dollars spent on groceries & gas...but read the fine print! You must first buy $500 dollars worth of groceries & gas each month before they will reward you.
We're currently using the card instead of our bank debit card and the Disney Dollars are building. Again...just make sure you pay off this card every month before you get hit with the interest.
Chase - Disney Rewards Visa Card is recommended by urbantwang