Paying annual dues are one thing that joins us all together as DVC members. With the payment deadline quickly approaching, there are two different ways to make payments to the “House of the Mouse”. Each DVC member can either elect to make a one-time payment by January 15th or choose monthly payments for the entire year.
Being able to make a one-time payment allows for the rest of the year to be stress-free. There is no budgeting required each month for the payment. If you already make monthly payments to your loan, adding dues payments can be a little daunting. In contrast, with the payment being due shortly after the holidays, some members may not be able to pay the whole amount at one time.
If you own at multiple resorts or have high point contracts, your annual dues may not be done in one feasible payment (unless you save up prior to the due date). This year, our family has two home resorts (one being Riviera) and twice as many points as last year. We have previously paid our dues as a one-time payment. With double the price of our annual dues this year though, we are opting to do monthly payments.
Monthly payments make that large, intimidating balance more manageable. Once you select this option, you are given the dollar amount for each month. The first month’s payment may be slightly higher if you owe any dues from the year prior. There is no interest that accumulates when choosing this option. Being a planner, I am able to prepare each month for the automatic payment. Like I stated before, the monthly payment is in addition to loan payments (if you finance). This can seem like you are paying a lot for your DVC membership. One perk of this option is that you are given the choice of choosing the 1st or 15th of the month. This can help spread payments out if you desire to.
Ways to Pay
When making a full one-time payment, you can use a credit card, gift card, or debit card. Paying this way can earn you rewards for your credit card or get you cashback. If you elect monthly payments, it is auto-debited out of a checking or savings account. You can apply gift cards as a partial payment to your account if you have chosen the monthly payment option as well. So if you belong to a wholesale dealer that does runs deals on Disney gift cards, you can save some yourself some money to spend on Disney trips!
No matter which way you chose to pay, our dues are hard at work, making our home resorts as beautiful as they can be. Let me know how you pay your DVC annual dues and your money-saving tricks!
DVC Member Since 2017
Polynesian & Riviera
Need your Disney fix? Check out The DIS!
Want to check out current DVC resale listings? Check out TheTimeShare Store!