The Disney Vacation Club (DVC) is a type of timeshare program operated by The Walt Disney Co. Through it, owners buy points, called Vacation Points, which can then be redeemed on stays at Disney resorts and for other types of Disney vacations.

Some of the most ardent Disney fans sing DVC's praises because it can be a worthwhile way to save on certain types of Disney vacations — but only some. Given the limitations, high costs and serious commitment required, DVC is not for everyone.

For dedicated Mickey Mouse fans who want to bet on their long-term interest in Disney-related vacations, DVC might make some financial sense. Here’s a deep dive into what DVC offers, how much it costs and what alternative options are available for maximizing dollar spend at Disney.

What is Disney Vacation Club?

Similar to a timeshare, DVC allows you to buy Vacation Points you can redeem at eligible Disney resort properties.

Timeshares are programs that typically allow customers to purchase fractional ownership of a property, giving them a guaranteed vacation destination each year. Sometimes members are guaranteed certain times of year (e.g., the same week each year or rotating dates). Like Disney, many major hotel companies offer timeshare arms, including Marriott Vacation Club, Hilton Grand Vacation Club and Hyatt Residence Club.

But Disney’s Vacation Club works a little differently than traditional timeshares. You’re not committed to traveling at a specific property or date. Instead, participants receive points, which can be spent across all DVC resorts — and for other types of trips around the world.

How to become a Disney Vacation Club member

To join, you must purchase what’s referred to as “a real estate interest” in one of Disney’s participating Vacation Club resorts, which is referred to as your home resort. Resorts are primarily located in Walt Disney World in Florida (though others are sprinkled throughout the U.S.).