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Mickey Mouse Credit Card Adds More Rewards, But Is The Annual Fee Goofy?

With spring break right around the corner (we can hope, can’t we?), Disney has juiced up its rewards credit card program.

In addition to its regular Rewards card, the entertainment and resorts company has added a new Premier card that pays double rewards. However, the new card carries a $49 annual fee.

The new Disney Premier Visa Card, issued by Chase, lets you earn 2% back on purchases at gas stations, grocery stores, restaurants and most Disney locations, and 1% back on everything else.

Here’s a look at the credit card details:

APR 14.24% variable; 0% for six months on Disney vacation packages.
National Average APR 14.95% (source: CreditCards.com)
Annual Fee $49
Rewards 2% cash back on purchases at gas stations, grocery stores, restaurants and at Disney properties; 1% on all other purchases; redeemable for Disney trips and merchandise.
Verdict If you’re a regular Disney customer, it may be worth the $49 to get the extra rewards.

By comparison, the no-fee Disney Rewards Visa Card lets you earn 1% back on all of your purchases.

It also comes with a lower sign-up reward: You’ll get a $50 Disney gift card the first time you use the Rewards Visa credit card versus a $100 gift card with the Premier credit card.

And the Premier card also lets you redeem your reward dollars for tickets on any airline to any destination with no blackout dates; the Rewards Visa card does not. Just buy your plane tickets with your Disney Premier card and then redeem your reward dollars for a credit on your monthly statement.

Other features are identical with both cards:

  • There’s no limit to the number of reward dollars you can earn.
  • You can redeem your Disney Dream Reward Dollars for Disney hotel stays, theme park tickets, cruises, movie tickets and merchandise.
  • The APR is a variable 14.24%. In addition, you get 0% financing for six months on Disney vacation packages charged to the card.
  • You’ll get 10% off on select merchandise purchases of $50 or more at DisneyStore.com, Disney Store locations and at Walt Disney World and Disneyland, and 20% off guided tours at Walt Disney World and Disneyland.
  • You’re also eligible for Disney Character Meet ‘N’ Greet events held exclusively for cardholders.

So, the main difference is the rewards boost. Is it worth it?

Let’s say you put $1,000 a month on your credit card (and pay it off monthly, of course) in the categories that pay 2% on the Premier card: gas stations, grocery stores, restaurants and Disney stuff.

You’d earn 10 bucks more a month in rewards versus the standard card. After paying for your annual fee, you’d come out ahead by about $70 a year.

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Comments (1)
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  1. Robert said:
    on June 21st at 03:39 pm

    A MOUSE CREDIT CARD?!? NOOO!! NOOO!! DOES NOT COMPUTE!! DOES NOT COMPUTE!!