Carnival stock and onboard credit! :(

[topaz123]

2 minutes ago, CarelessAndConfused said:

 

Yes, but the way Carnival is behaving lately, I wouldn't expect them to aware you the stock OBC, unless you paid "full fare", whatever the heck that's suppose to mean.

Same thought....wouldn't want to risk erasing the $600 or put it into question.

[BamaMomRollTide]

On 11/18/2021 at 12:27 PM, CarelessAndConfused said:

For those of you tired of Carnival's games, I will post what I did on Princess' board:

 

...you shouldn't own the stock and just place concurrent buy and sell orders and send in the buy confirmation for the stockholders benefit...

 

The stock is a horrible investment for at least the next 5 years so what's the point in holding onto it if they're not even going to give OBC.  BTW, there are no prohibitions on what I am suggesting and in fact they changed the language some years ago from having to own the stock at sailing (or something to that effect) to pulling out that language entirely.

 

 

Is a “buy confirmation” enough?  I had to provide a recent statement showing ownership.  

Either way, I bought 350 shares quite low (around 11) , so I’m keeping my shares until it goes back to 60ish.  Then I probably will sell all except 100 shares.  

[ontheweb]

1 hour ago, CarelessAndConfused said:

 

Yes it is.  4 instances of no problems on Princess and 1 no problem on Carnival.  2 recent rejections on Carnival but due to the "reduced rate" even though I paid the public rate.  Even when I have held the stock for a bit, I would still make the trades and submit the confirmation because I didn't want to submit my entire statement in full.

 

You can black out everything else on the statement. And in fact, you must black out your customer number for the brokerage; they will immediately reject it if that is there.

[firefly333]

3 minutes ago, ontheweb said:

You can black out everything else on the statement. And in fact, you must black out your customer number for the brokerage; they will immediately reject it if that is there.

Odd I've never once in 15 years blocked it out and never been a issue. Why would they reject it if you have it on your statement? I'm guessing well over 25 times never been a issue. 

[ontheweb]

5 minutes ago, firefly333 said:

Odd I've never once in 15 years blocked it out and never been a issue. Why would they reject it if you have it on your statement? I'm guessing well over 25 times never been a issue. 

It does say in their rules to black it out, and IIRC, I think it was the first time we tried to use it, it had to be resubmitted because the number was not blacked out.

[firefly333]

53 minutes ago, ontheweb said:

It does say in their rules to black it out, and IIRC, I think it was the first time we tried to use it, it had to be resubmitted because the number was not blacked out.

I got stock obc for 3 cruises, sept and 2 in oct. I had to resubmit because the site I screen shot didnt show my last name and had to go back to a monthly statement. Clearly it depends on who does it? Never once had a issue until this last time where my last name didnt show. Just my first name. 

 

Seems rules arent hard and fast and change. 

[BlerkOne]

1 hour ago, firefly333 said:

Seems rules arent hard and fast and change. 

Or maybe just enforcement. But changing the rules or enforcement is Carnival's prerogative.

[Calnev1]

7 hours ago, BamaMomRollTide said:

 

Is a “buy confirmation” enough?  I had to provide a recent statement showing ownership.  

Either way, I bought 350 shares quite low (around 11) , so I’m keeping my shares until it goes back to 60ish.  Then I probably will sell all except 100 shares.  

Back to 60ish?  Madame, you are quite the optimist!  With the recent tightening of the shareholder benefit I expect selling pressure to push the stock back toward $11 in the next few months.  And I would be shocked if Carnival rebounds to $60 in the next, say, 10 to 15 years.  But I hope you are right and I am wrong.

Edited November 20, 2021 by Calnev1

[luv2travel06]

On 11/18/2021 at 3:03 PM, CRK9313 said:

...I thought that meant travel agents, or even military, casino, other bonus free cruises or whatever.

Most likely, that assessment is correct. We did not know about the shareholder OBC on our first few cruises, but since then we have been on over 20 cruises with Carnival, HAL, Princess, and a Fathom cruise, all of which were discounted. We have never been denied the shareholder OBC. We bought the stock at $29 right after the Costa incident and have received +/- $300-$400 every year in shareholder OBC. That's a nice return on a $2900 investment. 🙂

[pinto18]

Got our rejection today for Feb cruise. Same promotion as our Oct cruise which we got the OBC. By no means super cheap or free..just a plain ol slightly reduced rate

[firefly333]

23 minutes ago, pinto18 said:

Got our rejection today for Feb cruise. Same promotion as our Oct cruise which we got the OBC. By no means super cheap or free..just a plain ol slightly reduced rate

It would be helpful to know the rules. Like was your rate one that anyone could book, or was it a targeted offer? Seems like if it was a offer open to the public anyone could book then it should be allowed. 

 

Idk but I dont think it has to do with how much it was discounted but rather if it was a offer anyone could publically see and book. 

[ontheweb]

22 minutes ago, firefly333 said:

It would be helpful to know the rules. Like was your rate one that anyone could book, or was it a targeted offer? Seems like if it was a offer open to the public anyone could book then it should be allowed. 

 

Idk but I dont think it has to do with how much it was discounted but rather if it was a offer anyone could publically see and book. 

I agree wholeheartedly that the rules should be available to stockholders.

[ngrund]

14 minutes ago, ontheweb said:

I agree wholeheartedly that the rules should be available to stockholders.

I wish they could just state when we are booking if it is ineligible for shareholder OBC-I mean how cost effective is it for this department to review the application only to have to deny them?

[ontheweb]

5 minutes ago, ngrund said:

I wish they could just state when we are booking if it is ineligible for shareholder OBC-I mean how cost effective is it for this department to review the application only to have to deny them?

Yes, in addition to bad will caused for loyal customers, it probably does cost them more than the $50, $100, or even $250 in not only the time spent in reviewing the applications, but also possibly in fielding calls as to why it was denied when it was always granted in the past.

[BlerkOne]

50 minutes ago, ngrund said:

I wish they could just state when we are booking if it is ineligible for shareholder OBC-I mean how cost effective is it for this department to review the application only to have to deny them?

I can't imagine it takes long. Enter the booking code into a computer, have it check the reservation for eligibility, and have it spit out yea or nea. That and another second to check ownership proof. I would think also easy to outsource the job.

 

I would think easier than rate reductions for early savers.

[BlerkOne]

1 minute ago, CarelessAndConfused said:

  I do think the day is coming when the industry disallows OBC to be used for gratutities.

The easiest way to do that is build it into the cruise price. But unless all cruise lines do that, it could be perceived as a competitive disadvantage.

 

[CruiseNole]

Is Carnival still only accepting these request via fax? Just curious if they are taking requests by email now.

[firefly333]

4 minutes ago, CruiseNole said:

Is Carnival still only accepting these request via fax? Just curious if they are taking requests by email now.

In 17 years I've only done it via email. Lol has it been a while since you cruised? They took email forma very long time now.  I've never ever done it via fax. 

[BlerkOne]

1 hour ago, CruiseNole said:

Is Carnival still only accepting these request via fax? Just curious if they are taking requests by email now.

Princess used to only accept via FAX, but now all accept email. You can still fax if you wish 

[CruiseNole]

1 hour ago, firefly333 said:

In 17 years I've only done it via email. Lol has it been a while since you cruised? They took email forma very long time now.  I've never ever done it via fax. 

Do you have the email address? I’ve been on a few lately, just have always been told faxes is all they accept.

Edited November 26, 2021 by CruiseNole

[BlerkOne]

4 hours ago, CruiseNole said:

Do you have the email address? I’ve been on a few lately, just have always been told faxes is all they accept.

Program details are here

https://www.carnivalcorp.com/static-files/50351a91-4dc0-4f6b-bfec-684647e6129f

 

 

[chocolate melting cake]

Similar details to what BlerkOne had written-------------

We can now accept shareholder proof via email at shareholders@carnival.com for those with over 100 shares looking for their extra onboard credits.

After the reservation has been made, the shareholder must provide their legal name, reservation number, ship and sailing date, along with proof of ownership of Carnival Corporation or Carnival plc shares (for example: photocopy of shareholder proxy card, a dividend tax voucher or a current brokerage or nominee statement with the brokerage account number blacked out) at the time of deposit.

Again, please remember to omit/cross out your account # prior to emailing their proof.

•$50 on board credit per stateroom on any cruise of 6 days or less

•$100 on board credit per stateroom on any cruise of 7 to 13 days

•$250 on board credit per stateroom on any cruise of 14 days or longer

Edited November 27, 2021 by chocolate melting cake