I wanted to see how the Disney Vacation Account would work, particularly if it would be a useful way to load the dozens of Disney gift cards I'd been accumulating from Target into one location. I was pleased to see that it worked fine when purchasing an Annual Pass. I loaded $650 worth of gift cards onto the account (and a $26 credit card deposit), then used the account number to purchase my pass. With the Target 5% discount, that meant a $32.50 saving.
Was it worth the 20 minutes of scratching off gift card account numbers and security codes? I'll leave that up to others. For now, I'm just happy to know this works. I'll have to try it out later to pay for rooms.