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Edit: Based on recent reports, this card might now be subject to Chase’s 5/24 rule.
For those interested in cashback signup bonuses, there is a newly increased offer for a $200 statement credit after $500 in purchases in the first 3 months that is not believed to be subject to the Chase 5/24 rule on the Disney Visa Credit card – which is only currently available via a referral offer. Those who currently have the Disney Credit Card can also earn an increased referral bonus of $100 per friend who signs up (up to $500 total). While that bonus is normally available on the Premier card that comes with an annual fee, this bonus is now available on the no annual fee version. This card has a terrible earning rate on everyday spend, but the signup bonus and perks might make it worth it for Disney fans or those looking for a cashback bonus with a low spend requirement.
The Offer
- Earn a $200 statement credit after you spend $500 on purchases in the first 3 months
- Find a link on our Best Offers page.
Key Card Details
- Card earns 1% back in “Disney Dream Dollars” on all purchases
- Character meet-and-greet in a private cardmember area
- 10% off select merchandise purchases of $50 or more at Disney Store and DisneyStore.com
- No annual fee (note there is also an annual-fee version with the same signup bonus but no measurable benefit)
Quick Thoughts
A $200 signup bonus requiring only $500 in spend is a pretty good deal in terms of cashback bonuses. If you’re over 5/24 with little chance of being under anytime soon, this could be a good way to save $200 on a big purchase.
That said, this card is pretty terrible beyond the signup bonus. It earns an abysmal 1% back in Disney Dream Reward Dollars that can be redeemed “toward most anything Disney and Star Wars at most Disney locations, including Theme Park tickets, Resort stays, shopping, dining and more“. In other words, it earns 1% back in the form of a currency that can only be used toward most anything at most Disney locations. It would make more sense to get a card like the Citi Double Cash that earns an effective 2% cashback everywhere (thereby earning cash back that can be used on anything you want, not just most Disney purchases at most Disney parks). You could do even better for the first year with the Discover IT Miles card, which earns 1.5% back everywhere, but will be doubled at the end of the first year (good for 3% back everywhere). That said, if you’re looking for a decent signup bonus, the Disney card certainly has them beat.
In terms of benefits, you can get this card’s benefits without applying for a credit card. The character meet-and-greet and 10% Disney Store discounts are also features that you can get with the Disney Debit Card, available with almost any Chase consumer checking account.
On the plus side, the current referral bonus has increased to $100 per friend who applies and is approved up to $500 per calendar year. As I learned last year, new cards can become eligible for referral bonuses very quickly (See: How soon can you refer others for Chase cards?). If you’re playing this came in 2-player mode with a spouse or significant other, Person A could open the card and then theoretically refer Person B — in the end netting $400 in signup bonuses + one $100 referral bonus for a total of $500 on $1,000 spend. That’s not a bad deal at all.
As always, we have added a direct link to this offer on our Best Offers page.
Sharing your referrals
If you have this card, you can generate a referral link at the Chase Refer a Friend site (click here to find your link). If you have a referral link to share, head over to our Frequent Miler Insiders Facebook group and share it as a reply to my first comment in the related thread. Please only share links to the no-fee version of the card (as the annual-fee version isn’t as good of a deal). Comments here with links get caught in our spam filter here and will not post, so head over to our Facebook group to share. Thanks!
H/T: Doctor of Credit
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01 and up Credit Inquiry: Soft Pull Opening Deposit Requirement: $100 Direct Deposit Requirement: None Monthly Service Fee: None Apply Now — CIT Bank Review Regions Bank $150 Business Referral Bonus Offer: Regions Bank $150 Business Checking Bonus (Visa Reward Card) Credit Inquiry: Soft Pull Credit Funding: Yes, up to $1000. Opening Deposit Requirement: $500 minimum within 90 days Direct Deposit Requirement: No Monthly Service Fee: $5, $10, $15, $22 see below on how to waive the fee Early Termination Fees: Must keep account for 60 days or fee may apply Author’s Verdict: This is one of the EASIEST bonuses to earn so if you’re looking to open a new business checking account, definitely check this bonus out. Refer Now — Business Referral Review Regions Bank $50 Checking Referral Bonus Offer: Regions Bank $50 Referral Bonus Credit Inquiry: Soft Pull Credit Funding: Yes, up to $1000. Opening Deposit Requirement: $50 minimum within 90 days Direct Deposit Requirement: No Monthly Service Fee: $5, $8, $18; see below on how to waive the fee Early Termination Fees: Must keep account for 60 days or fee may apply Author’s Verdict: If you already have a checking account via Regions Bank, you can earn a $50 referral bonus by referring your freinds/family. Refer Now — Checking Referral Review Discover Bank Online Savings Account Rate Offer: 1. 40% APY Availability: Nationwide Expiration: None Credit Inquiry: Soft Pull Credit Funding: None Opening Deposit Requirement: Any Direct Deposit Requirement: None Monthly Service Fee: None Early Termination Fees: None Promo Code(s): None Learn More — Discover Bank Review Associated Bank $150 Checking Bonus Bonus Offer: Associated Bank $150 Brewers Checking Bonus (Expires 02/10/2018) Credit Inquiry: Soft Pull via ChexSystems Credit Funding: Unknown, please let us know Opening Deposit Requirement: $100 minimum Direct Deposit Requirement: Optional Monthly Service Fee: $11 $25, see below on how to waive the fee Early Termination Fees: If the account is closed within 12 months, Associated Bank reserves the right to deduct the monetary bonus from the account prior to closing. Apply Now — Associated Bank Review BMO Harris Bank $200 Checking Bonus Bonus Offer: BMO Harris Bank $200 Checking Bonus (Expires 03/30/2018) Credit Inquiry: Soft Pull Credit Funding: Up to $1,000 Opening Deposit Requirement: $25 Direct Deposit Requirement: Yes, $300+ Monthly Service Fee: $0, $5, $10; see below on how to waive the fees Early Termination Fees: Yes, $50.
AARP same thing: $500/$200, no 5/24, 3% on dining, points worth 1.1 cents.
Any possibility of product changing this later to a Chase-branded card like a Freedom or Freedom Unlimited?
I had the same question. Can some one chip in?
No, you can’t product change from a co-brand card to a Chase Ultimate Rewards card.
Ok. Thank you.