The
Disney® Visa® Card is a good card to consider if you have a credit score of
700 or higher, you’re a relatively light spender, and you regularly buy Disney merchandise or you’re planning a Disney vacation. It’s worth getting because it has a
$0 annual fee, good Disney discounts, and a solid initial bonus.
If you decide to apply for the Disney Visa Rewards Card, make sure to pay the bill in full monthly once its promotional financing offer ends. Otherwise, interest charges could turn a dream Disney experience into a financial nightmare.
5 Key Things to Know About the Disney Visa Card
Lackluster rewards
The
best travel credit cards offer initial bonuses worth $700+. The
Disney® Visa® Card gives you just
$150, which is about average, though it is pretty easy to get. You only need to spend
$500 within
3 months of opening an account.
The Disney Visa Card’s ongoing rewards don’t compare too favorably to the rest of the market either. The
best cash back credit cards offer 2%+ back on all purchases. This Disney credit card gives you just 1% back, which is actually just below the market average. So it’s clear that its rewards won’t be providing too much Disney magic.
Only worth it for the discounts
While the Disney Rewards Card does not offer much in the way of cash back, it is your ticket to some discounts on certain types of Disney experiences. You get:
- 10% off select purchases at Disney stores and DisneyStore.com
- 15% off guided tours at Disney resorts
- 10% off select dining options and merchandise at at Disney resorts
- 10% off select purchases on Disney cruises line ships.
So if you buy a lot of Disney memorabilia or are planning a Disney vacation, the Disney Rewards Visa does have some value.
Interest rates are nothing special
This card’s regular APR could be much higher than average for someone with good or excellent credit, and it’s definitely not going to be low. Furthermore, its 0% intro APR for new purchases lasts for just
6 months. That’s well short of the
11 months offered by the
average 0% credit card. Plus, it only applies to select Disney vacation packages and Disney Vacation Club real estate purchases.
So, if you want a card to help you save on interest, you can do better than the Disney Rewards Visa. If you’re interested in alternatives, consider our editors’ picks for the
best 0% credit card offers.
At least there’s no annual fee
The Disney Credit Card’s lack of an annual fee makes it
$26.75 per year cheaper than the average credit card offer, according to WalletHub’s latest
Credit Card Landscape Report. It also makes it easier to stomach opening a credit card just for purchases from a single brand.
That said, there are lots of really good
no annual fee credit cards available right now.
Good credit is the price of admission
The Disney Rewards Credit Card requires good or excellent credit for approval, so make sure to check your credit score – which you
can do for free here on WalletHub – before submitting an application. You need a score of 700 or higher to have a high likelihood of being approved.
Note: This review is not provided, commissioned or endorsed by any issuer. Opinions and ratings are our own.
