Is It Worth Buying Disney Gift Cards with Sezzle for Disneyland Tickets?

Many travelers and Disneyland enthusiasts have pondered whether it's prudent to use Sezzle for purchasing Disney gift cards and tickets. Let's delve into the details to determine if this financing method is worth it for your next trip.

Understanding Sezzle and Its Fees

Sezzle is a payment method that allows you to buy now and pay later in 4 or 2 installments. Although it offers a convenient way to make purchases, it's important to understand the associated costs.

For a $300 purchase, for example, you might need to make an initial $75 payment followed by three $75 payments every two weeks. This comes with an interest rate of 35.40%, and a service fee of $5.99 at loan origination. But, there are alternative methods to finance your trip that could save you money.

Alternative Finance Methods

Another option is using a regular credit card and paying the balance in full before the next billing cycle. This method is risk-free and avoids the hefty interest rates and fees associated with Sezzle:

Use a Traditional Credit Card: Apply for a credit card with a low interest rate and good rewards program, such as cashback or points. Buy Your Gifts: Charge your Disney purchases to the card. Pay in Full: Ensure you pay off the balance before the due date to avoid interest charges and maintain your credit score.

What to Consider Before Using Sezzle

Potentially using Sezzle for purchasing Disney gift cards and tickets involves several considerations:

High Interest Rates: Sezzle's 35.40% interest rate is exceptionally high and can lead to significant debt if not managed properly. Service Fees: There's an additional $5.99 service fee at loan origination, which adds to the overall cost. Additional Financial Burden: The total amount paid (including interest and fees) can be higher than the original purchase price, leading to financial strain.

Conclusion

While Sezzle offers the convenience of buying and paying later, it's essential to weigh the costs and find a more economical solution. Opting for a credit card with a favorable interest rate and paying the balance in full is a much more secure and cost-effective choice for financing your Disneyland tickets.

Key Takeaways:

Sezzle has high interest rates and service fees. A regular credit card with a low APR and rewards program is a better alternative. Always aim to pay the balance in full to avoid additional charges and maintain your credit score.