Disney Vacation Club has again partnered with the Chase Disney Visa to offer a $500 credit to new buyers who acquire 160+ points and current members who add 100+ points. The offer runs through September 15, 2009. Details follow.
UPDATE: Note that this offer ONLY applies to purchases at the Villas at Disney's Grand Californian Hotel. However, reports indicate that this offer can be combined with the referral incentives which run through August 25, 2009. Through 8/25, new buyers at the Grand Californian can save up to $24 per point (from the $112 base price) and receive the $500 Disney Visa promotion.