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I've never r had the Veterans Credit and it CANNOT BE USED IN THE Casino. Since it seems to be up to $250 for the cabin, my guess is most would use it for gratuities first and then any other credit from cruise line (usually minimal). ANY OBC purchased by an agent IS refundable. (at least on RCI). Haven't been on Princess in a while. The principal is that someone other than the cruise line PAID for that OBC out of their commissions.

 

Again, the refundability of OBC may vary from line to line, but on Princess to the best of my knowledge the OBC that a person has is used up in the order of non-refundable first and then non-refundable and has nothing to do with in what order the cruiser "wants" to use it (e.g. gratuities first then some other sort of purchase, then some other sort of purchase) until it's all done.) All of the charges would be added up at the end of the cruise and then all the non-refundable OBC would be applied against those charges, then the refundable charges would be applied against the remaining balance and then if any refundable OBC was left, it would be returned to the cruiser. At least that is the way that it has always been when I've cruised. Cruise lines other than Princess may handle it differently.

 

Tom

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What cruise line do you have stock with that gives you the perk of getting an OBC?

If you own 100 shares of Carnival Corp. stock you get $50-$100-$250 of non-refundable OBC (depending on the length of the cruise) on Princess. I believe you also get it on any of the Carnival Corp's 8 other cruise lines.

 

Tom

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If you own 100 shares of Carnival Corp. stock you get $50-$100-$250 of non-refundable OBC (depending on the length of the cruise) on Princess. I believe you also get it on any of the Carnival Corp's 8 other cruise lines.

 

Tom

 

 

Royal does too. Carnival Stockl closed today (down 2%) at $67.51 So you need to buy 100 shares at that price or about $6800. Dividend yield is 2.37%

 

RCI was down 25 too at $119.62 Yiels is 1.61%

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  • 3 weeks later...
How many shares of NCL do you need to own to get OBC?

 

I have thought about buying stock in the NCL and/or Royal and/or Celebrity but the market is up so not sure if now is the best time.

 

I don't know what the price for any of those lines is or what it's been doing but the Carnival stock has been going up steadily for the past 2 years that I know of. I bought in Sept, 2015 at $48.70/share and as of the end of last week it is now above $69.00/share. Plus in that time I've gotten $245 in dividends and $450 in OBC (which is tax free income basically) so it probably boils down to a "you snooze, you lose" situation. :D Of course, I don't know what the OBC is or dividends are for stock in those lines so you'd probably be wise to check those facts.

 

In any event, hope you have great cruises!

 

Tom

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I don't know what the price for any of those lines is or what it's been doing but the Carnival stock has been going up steadily for the past 2 years that I know of. I bought in Sept, 2015 at $48.70/share and as of the end of last week it is now above $69.00/share. Plus in that time I've gotten $245 in dividends and $450 in OBC (which is tax free income basically) so it probably boils down to a "you snooze, you lose" situation. :D Of course, I don't know what the OBC is or dividends are for stock in those lines so you'd probably be wise to check those facts.

 

In any event, hope you have great cruises!

 

Tom

 

Tom: as I wrote in August: "You'd only make money if you SOLD it on 8/11. The whole SM is up. And if you sold it, you wouldn't get the OBC. Just saying."

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