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Disney Premier Visa Card Review: Is the $49 Annual Fee Worth It?

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For the ultimate Disney fan, the only credit card they care about is the Disney Visa card from Chase. While I keep the no-annual-fee version of the card for the benefits, I hardly ever use it.

Chase and Disney keep sending me an offer to upgrade to the Disney Premier Visa card, so I decided to look at the differences between the $49 and the free version of the cards.

Disney Premier Visa

Annual Fee

The Disney Premier Visa has a $49 annual fee.

Sign-Up Bonus

The Disney Premier Visa offers a $300 statement credit after spending $1,000 on purchases in the first 3 months from account opening with this link (We receive a referral bonus if you sign up with our link, which is always appreciated).

Per Chase’s rules, this product is only available if you do not currently have this card and have not received a new Cardmember bonus for this card in the past 24 months. Applicants must also be under Chase’s 5/24 requirement.

Foreign Transaction Fee

If you use this card internationally, you will pay a 3% foreign transaction fee. When traveling outside the U.S., it’s best to leave this card at home and use a card that doesn’t charge a foreign transaction fee.

Disney Reward Dollars

The Disney Premier Visa Card earns Disney Reward Dollars. You can spend Disney Rewards on almost anything from Disney, including theme park tickets, Disney Cruises, tickets to see Disney movies in the theater, Disney shopping, and Disney resort stays.

You can redeem Rewards Dollars for a statement credit using Pay Yourself Back toward purchases made with your Disney Premier Visa Card at select Disney Locations in the U.S., DisneyStore.com, and at DisneyPlus.com, Hulu.com and ESPNPlus.com, within 90 days from the purchase date.

Disney Premier cardholders can also redeem Disney Reward Dollars for airline tickets. You can pay airline ticket charges using Disney Reward Dollars.

Earning Disney Reward Dollars

Cardmembers earn 5% Disney Rewards Dollars on card purchases made directly at DisneyPlus.com, Hulu.com or ESPNPlus.com

You’ll earn 2% in Disney Rewards Dollars on grocery stores, restaurants, gas stations and most Disney U.S. locations. All other purchases earn 1%.

This is a huge difference from the no-annual-fee version, which only earns 1% on all expenses, including when you use it at Disney.

Additional Card Benefits

Is the card worth paying the $49 annual fee?

That’s the real question. If you’re signing up for the card and will be able to reach the $1,000 spending requirement in 3 months, then it does make sense to apply for the Disney Premium Card instead of the plain Disney Visa. That’s because you earn an additional $150 statement credit for only $49, putting you ahead by $100.

If you’re paying for Disney+, Hulu or ESPN Plus, you can get an extra $42 in statement credits and 5% back on Disney streaming services.

Should you keep the card for the long term?

The only categories that earn 2X points are gas stations, grocery stores, restaurants and Disney locations. You’d need to spend $4,900 in those categories on this card just to break even. If you put a Disney family vacation on the card every year, that would probably do it.

If that’s your only vacation plan and you’re looking to save money on your next trip and airfare to Orlando or Anaheim, keeping this card could make sense.

However, considering that you could downgrade to the free version to keep the Disney perks, I would suggest you sign up for a 2% cashback no-annual-fee card and use the money you earn to pay for your Disney vacation (or any vacation).

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