Credit Card News
Chase Disney Premier Visa Offering Limited Time Enhanced Bonus
Disney fans looking to add a new rewards card to their wallet as they kick off the holiday shopping season may be interested in a special welcome bonus for one of Chase’s Disney cards.
About the offer:
For a limited time, new Disney Premier card customers can earn an enhanced welcome bonus. Those who sign up for the card and spend at least $1,000 in purchases on the card within their first 3 months can earn $400 in statement credits. That’s up 33.3% from the regular $300 bonus.
Currently, this offer is set to expire on November 30th, 2023.
About the Chase Disney Premier Visa;
The Disney Premier card is the upper-tier option in Chase’s Disney co-branded credit card line-up alongside the Disney Visa. The Disney Premier does carry a $49 annual fee, which is not waived for the first year. However, for that fee, customers can enjoy a number of benefits.
Starting with rewards, the Disney Premier card earns 5% back in Disney Rewards Dollars on Disney streaming service purchases (Disney+, Hulu, and/or ESPN+). Additionally, the card earns 2% in Rewards Dollars on purchases at gas stations, 2% Rewards Dollars at grocery stores, 2% Rewards Dollars at restaurants, and 2% Rewards Dollars at most Disney locations in the United States. All other purchases earn 1% back in Disney Rewards Dollars. By the way, Rewards Dollars can be redeemed at most Disney locations. Additionally, they can be used for statement credits toward airline travel.
As for other benefits, Disney Premier cardholders enjoy 10% off select purchases at shopDisney as well as at select Disneyland Resort, Walt Disney World Resort, and Disney Cruise Line merchandise locations. That 10% discount also applies to select dining locations at the Disneyland and Walt Disney World Resorts. Cardholders can also save on the Disney Bundle as they’ll earn up to $14.99 per month back in the form of statement credits for up to 3 consecutive months when they use the card for qualifying purchases from Disney+, Hulu, and/or ESPN+. Lastly, cardholders can enjoy special photo opportunities at Disney Parks — and Disney Premier Visa cardholders may receive additional discounts and offers from time to time.
My thoughts:
Even as a pretty hardcore Disney fan, I’ve never been a big fan of their co-branded credit card. While this $400 offer for only $1,000 in spending is attractive (and is made even better by the fact that it’s a statement credit), the long-term, practical benefits of the Chase Disney Premier are limited. For one, as I’ve discussed many times before, the 2% categories are largely moot since there are already cards that earn a flat 2% on everything. On top of that, these rewards are only redeemable for Disney or statement credits on air travel, which further complicates things. Once again, this is where I think the Capital One SavorOne is a better pick overall as the 3% on entertainment category applies to most Disney Parks purchases and can be redeemed for regular cashback.
With that said, between this current bonus and the three months of Disney Bundle statement credits, the $49 annual fee for the card should be easy to cover. From there, you can decide whether the Disney perks make it worth holding on to.