Flatbush Flyer Posted November 11, 2017 #26 Share Posted November 11, 2017 Some people like to spread out the cost over several months and not have a large bill waiting at the end of the cruise. Reasonable thinking. But, I always prefer to not give anyone my money until it's actually necessary to do so. Sent from my iPhone using Forums Link to comment Share on other sites More sharing options...
RuthC Posted November 11, 2017 #27 Share Posted November 11, 2017 But, I always prefer to not give anyone my money until it's actually necessary to do so. That made a lot of sense in the days when savings accounts earned a decent rate of interest. Now that the interest lost, vs. the interest paid on a credit card, is mere pennies (literally), it doesn't make as much sense anymore. It's much easier, and less expensive, to pay the credit card bill in full every month, and in smaller amounts over a period of months. Link to comment Share on other sites More sharing options...
Kamloops50 Posted November 11, 2017 #28 Share Posted November 11, 2017 Why would anyone buy OBC? Just let your purchases onboard add up and settle to your credit card at the end. Sent from my iPhone using Forums To deal with the exchange rate fluctuation. The Canadian dollar can change up to 10% a month. I also prefer not to have anything on my card when the cruise is over. Sent from my iPad using Forums Link to comment Share on other sites More sharing options...
avian777 Posted November 11, 2017 #29 Share Posted November 11, 2017 ... But, I always prefer to not give anyone my money until it's actually necessary to do so. Agree with you 100%, although not out of opportunity cost considerations. JMO Link to comment Share on other sites More sharing options...
Rare kazu Posted November 11, 2017 #30 Share Posted November 11, 2017 To deal with the exchange rate fluctuation. The Canadian dollar can change up to 10% a month. I also prefer not to have anything on my card when the cruise is over. Sent from my iPad using Forums definitely. I don't know what the future holds but right now I am up a significant %. No bank pays me the interest rate I am saving ;) I'd rather be in control than have the exchange rate control me ;) Link to comment Share on other sites More sharing options...
Kamloops50 Posted November 11, 2017 #31 Share Posted November 11, 2017 definitely. I don't know what the future holds but right now I am up a significant %. No bank pays me the interest rate I am saving ;) I'd rather be in control than have the exchange rate control me ;) I'm paying between 20% and 30% exchange rate on the Canadian dollar. I only do this when I have extra cash for the cruise . This way I don't pay CC interest and the bank gives 1% on money in my account. Link to comment Share on other sites More sharing options...
VennDiagram Posted November 11, 2017 #32 Share Posted November 11, 2017 definitely. I don't know what the future holds but right now I am up a significant %. No bank pays me the interest rate I am saving ;) I'd rather be in control than have the exchange rate control me ;) precisely! Link to comment Share on other sites More sharing options...
Georgie562 Posted November 12, 2017 Author #33 Share Posted November 12, 2017 Why would anyone buy OBC? Just let your purchases onboard add up and settle to your credit card at the end. Sent from my iPhone using Forums Not all of us have high limit credit cards. For my upcoming 22 day cruise X $60 per day that’s $1,320. I have baby credit, my credit card only has a $300 limit Link to comment Share on other sites More sharing options...
Flatbush Flyer Posted November 12, 2017 #34 Share Posted November 12, 2017 Not all of us have high limit credit cards. For my upcoming 22 day cruise X $60 per day that’s $1,320. I have baby credit, my credit card only has a $300 limit You may want to revisit how you do your finances. The current average new credit card limit for someone with a good credit history in the US is $9k plus. Sent from my iPhone using Forums Link to comment Share on other sites More sharing options...
Rare richwmn Posted November 12, 2017 #35 Share Posted November 12, 2017 You may want to revisit how you do your finances. The current average new credit card limit for someone with a good credit history in the US is $9k plus. Sent from my iPhone using Forums not really a very nice thing to say. you don't know him or have any idea of his circumstances. Link to comment Share on other sites More sharing options...
Flatbush Flyer Posted November 12, 2017 #36 Share Posted November 12, 2017 not really a very nice thing to say. you don't know him or have any idea of his circumstances. Not meant to be nice or not. Just a reality check. If someone's credit limit is only a few hundred dollars, the last thing they should be thinking about is a cruise, particularly one that's three weeks long. Sent from my iPhone using Forums Link to comment Share on other sites More sharing options...
Rare richwmn Posted November 12, 2017 #37 Share Posted November 12, 2017 Not meant to be nice or not. Just a reality check. If someone's credit limit is only a few hundred dollars, the last thing they should be thinking about is a cruise, particularly one that's three weeks long. Sent from my iPhone using Forums Again, you don't know the situation. Georgie562 may have plenty of resources to pay for the cruise, just not the current ability or desire (for whatever reason) to obtain the credit card you seem to feel is necessary to be able to cruise. It is Georgie562's choice to cruise or not, and we should not judge if he should. Link to comment Share on other sites More sharing options...
Kamloops50 Posted November 12, 2017 #38 Share Posted November 12, 2017 You may want to revisit how you do your finances. The current average new credit card limit for someone with a good credit history in the US is $9k plus. Sent from my iPhone using Forums I purposely select credit cards with low limits. Sent from my iPad using Forums Link to comment Share on other sites More sharing options...
Flatbush Flyer Posted November 12, 2017 #39 Share Posted November 12, 2017 I purposely select credit cards with low limits. Sent from my iPad using Forums Sorry folks but, if you are a "cruiser" to foreign lands, even with comprehensive travel insurance, one emergency room demand for upfront payment will get you to change your mind about "low credit limits." Sent from my iPhone using Forums Link to comment Share on other sites More sharing options...
Kamloops50 Posted November 12, 2017 #40 Share Posted November 12, 2017 Sorry folks but, if you are a "cruiser" to foreign lands, even with comprehensive travel insurance, one emergency room demand for upfront payment will get you to change your mind about "low credit limits." Sent from my iPhone using Forums That’s why we medical evacuation insurance. They will pay the bill them fly us home. Sent from my iPad using Forums Link to comment Share on other sites More sharing options...
taxmantoo Posted November 12, 2017 #41 Share Posted November 12, 2017 That’s why we medical evacuation insurance. They will pay the bill them fly us home. Sent from my iPad using Forums That depends on your insurance company and coverage. You still may have to pay the bill and then get reimbursed when you get home and submit your claim, in which case you need to be able to cover the cost on your credit card(s). Link to comment Share on other sites More sharing options...
Georgie562 Posted November 13, 2017 Author #42 Share Posted November 13, 2017 Duplicate Link to comment Share on other sites More sharing options...
Georgie562 Posted November 13, 2017 Author #43 Share Posted November 13, 2017 Not meant to be nice or not. Just a reality check. If someone's credit limit is only a few hundred dollars, the last thing they should be thinking about is a cruise, particularly one that's three weeks long. Sent from my iPhone using Forums so just because I have a $300 credit card limit and not so perfect credit I don’t get the same right to travel? Just some FYI sir, this will be my 21st cruise since started cruising in 2009 . I work 65+ hours a week . I have every damn right to spend my hard earned paycheck anyway I chose, including 3 week cruises. You are no one to speak about my financial situation as you don’t know me or how I live . That’s all. Thanks Link to comment Share on other sites More sharing options...
Flatbush Flyer Posted November 13, 2017 #44 Share Posted November 13, 2017 Not meant to be nice or not. Just a reality check. If someone's credit limit is only a few hundred dollars, the last thing they should be thinking about is a cruise, particularly one that's three weeks long. Sent from my iPhone using Forums[/quote so just because I have a $300 credit card limit and not so perfect credit I don’t get the same right to travel? Just some FYI sir, this will be my 21st cruise since started cruising in 2009 . I work 65+ hours a week . I have every damn right to spend my hard earned paycheck anyway I chose, including 3 week cruises. You are no one to speak about my financial situation as you don’t know me or how I live . That’s all. Thanks No one's saying you don't need or deserve a hard earned vacation. But, when you are traveling internationally (particularly with a family in tow), it is only reasonable and common sense that you would be prepared for an emergency. In most third world countries, you would be expected to pay up front for treatment in an emergency room (most often regardless of whether or not you have insurance). And, as you can imagine, a $300 credit card limit doesn't come close to what you'll need (easily could be thousands). Risking your own well being is one thing. But, IMO, potentially risking the well-being of family members is a whole other ball game. Sent from my iPhone using Forums Link to comment Share on other sites More sharing options...
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