stockholder OBC not good for Cruise Next purchase

[pickle11]

Just recently off the Bliss and I purchased two cruise next credits.  Found out that the stockholder OBC will not cover cruise next credits like they did before.  Didn't check my bill until disembarkation because I only bought the cruise next certificates.  Still had $100 non refundable credit which wasn't used towards cruise next.  So I was out my $100.   It's Sunday and I can't call corporate.  What will NCLH do next to change the rules without notification.  Do not need any more shirts, perfume, drinks, excursions, I think you all know what I mean.  Why hold on to the shares?  What good are they now for cruisers that used them for cruise next?

Great way to start re-cruising Del Rio.

 

[shof515]

seems to be a new change in policy that started back in october

 see post 73

[ziggyuk]

The change is not with Stockholder benefits but with the Cruise Next rules themselves.

The change they implemented means no non-refundable credits can be used to pay for Cruise Next, it does of course impact stockholder benefits but is not limited to them, any other sources of non-refundable credits are equally impacted.

[pickle11]

49 minutes ago, ziggyuk said:

The change is not with Stockholder benefits but with the Cruise Next rules themselves.

The change they implemented means no non-refundable credits can be used to pay for Cruise Next, it does of course impact stockholder benefits but is not limited to them, any other sources of non-refundable credits are equally impacted.

 

[HuliHuli]

53 minutes ago, ziggyuk said:

The change is not with Stockholder benefits but with the Cruise Next rules themselves.

The change they implemented means no non-refundable credits can be used to pay for Cruise Next, it does of course impact stockholder benefits but is not limited to them, any other sources of non-refundable credits are equally impacted.

It's really not a mystery.  On NCl's website, the Terms and Conditions are quite clear as to what OBC can be used to pay for the certificates:

"Only refundable Onboard Credits and the Non-Refundable Onboard Credit given for purchasing CruiseNext deposits may be used towards your CruiseNext purchase."

[billslowsky]

You could have asked...

[ziggyuk]

7 minutes ago, HuliHuli said:

It's really not a mystery.  On NCl's website, the Terms and Conditions are quite clear as to what OBC can be used to pay for the certificates:

"Only refundable Onboard Credits and the Non-Refundable Onboard Credit given for purchasing CruiseNext deposits may be used towards your CruiseNext purchase."

 

Correct, Did I say it was a mystery?

[HuliHuli]

8 minutes ago, ziggyuk said:

 

Correct, Did I say it was a mystery?

No, nor did I say that you said it was a mystery.  It was a general comment in amplification of your post.

[ziggyuk]

7 hours ago, HuliHuli said:

No, nor did I say that you said it was a mystery.  It was a general comment in amplification of your post.

 

If it was a general comment then please don't quote me as if you are teaching me something.

[pickle11]

Then why was the stockholder OBC applied to the cruise next purchase in the past?  And when I mean past, like the years before covid.  I have used it at least 10 times on my cruise next purchases.  When did the rules change?

It didn't just affect me.  I'm just the one to bring it to the attention of all the other cruisers who bought NCLH shares just to purchase cruise next.

Refundable, non refundable, promotional are just words to confuse cruisers.  They are only rules  approved by Del Rio to limit cruisers purchases with OBC.

And what about the drink of the day specials?  Are they special promotional purchases?

[KeithJenner]

42 minutes ago, pickle11 said:

Then why was the stockholder OBC applied to the cruise next purchase in the past? 

As stated in the first reply, this is a recent change.

[SeaShark]

56 minutes ago, pickle11 said:

Then why was the stockholder OBC applied to the cruise next purchase in the past?  And when I mean past, like the years before covid.  I have used it at least 10 times on my cruise next purchases.  When did the rules change?

It didn't just affect me.  I'm just the one to bring it to the attention of all the other cruisers who bought NCLH shares just to purchase cruise next.

Refundable, non refundable, promotional are just words to confuse cruisers.  They are only rules  approved by Del Rio to limit cruisers purchases with OBC.

And what about the drink of the day specials?  Are they special promotional purchases?

 

Well, not to channel captain obvious, but as a stockholder YOU are an owner of the company. As an owner, you should be answering these questions...not asking them. Perhaps these valid points should be discussed at the next shareholder meeting.

[pickle11]

5 minutes ago, KeithJenner said:

As stated in the first reply, this is a recent change.

Then the cruise next representatives should have said something at time of purchase.  In fact I mentioned how I use my stockholder OBC to purchase cruise next on the ship last week.  That representative should have mentioned the policy change then.  So when I did find out it was to late to do anything with my stockholder OBC.  Wasn't expecting to read the fine print.

So I still have my $250 cruise next for my next cruise.  But this could be a deal breaker with NCLH.  With no dividends, why own the stock.

[pickle11]

2 minutes ago, SeaShark said:

 

Well, not to channel captain obvious, but as a stockholder YOU are an owner of the company. As an owner, you should be answering these questions...not asking them. Perhaps these valid points should be discussed at the next shareholder meeting.

Or just sell.  Bought NCLH at $33 and then double my purchase at $10.  As of today NCLH is $25.63.  I think I might be positive.

[ziggyuk]

2 hours ago, pickle11 said:

Then why was the stockholder OBC applied to the cruise next purchase in the past?  And when I mean past, like the years before covid.  I have used it at least 10 times on my cruise next purchases.  When did the rules change?

It didn't just affect me.  I'm just the one to bring it to the attention of all the other cruisers who bought NCLH shares just to purchase cruise next.

Refundable, non refundable, promotional are just words to confuse cruisers.  They are only rules  approved by Del Rio to limit cruisers purchases with OBC.

And what about the drink of the day specials?  Are they special promotional purchases?

 

I the past you could apply any non-refundable credits to Cruise Next, this was changed recently and has caused the problems, I started a topic on this about a month ago.

The only non-refundable credit that now works with Cruise Next it the credit that is given for the purchase of the certificate itself (you know it makes sense 😂).

[fstuff1]

16 hours ago, pickle11 said:

Just recently off the Bliss and I purchased two cruise next credits.  Found out that the stockholder OBC will not cover cruise next credits like they did before.  Didn't check my bill until disembarkation because I only bought the cruise next certificates.  Still had $100 non refundable credit which wasn't used towards cruise next.  So I was out my $100. 

 It's Sunday and I can't call corporate. 

 

 

sorry to hear.

Many years ago, i was Pearl Tier at the casino.

that entitled me to $100 obc.

i thought it could be used for cruise next.

 

it wasnt till the morning for debarkation that i noticed me final bill had $100 obc left.

the only thing open that i could use my obc on was Starbucks.

i couldnt buy a gift card (dont remember why) so i bought a $100 of useless starbucks stuff. 

 

[fstuff1]

5 minutes ago, ziggyuk said:

 

I the past you could apply any non-refundable credits to Cruise Next, this was changed recently and has caused the problems, I started a topic on this about a month ago.

The only non-refundable credit that now works with Cruise Next it the credit that is given for the purchase of the certificate itself (you know it makes sense 😂).

 

This is the start of Del Rio making Cruise Next worthless.

 

i predict next he'll say the extra $250 non-refundable obc from cruise next cant be used for cruise next.

you have to spend that $250 obc on useless junk and overpriced spa. 

 

Edited November 15, 2021 by fstuff1

[SeaShark]

11 minutes ago, fstuff1 said:

 

This is the start of Del Rio making Cruise Next worthless.

 

i predict next he'll say the extra $250 non-refundable obc from cruise next cant be used for cruise next.

you have to spend that $250 obc on useless junk and overpriced spa. 

 

 

Not really a prediction when it has already happened (see post #3 in this thread).

[HuliHuli]

6 hours ago, ziggyuk said:

 

If it was a general comment then please don't quote me as if you are teaching me something.

Sorry, I just didn't realize this forum is all about you.

[HuliHuli]

31 minutes ago, fstuff1 said:

This is the start of Del Rio making Cruise Next worthless.

Huh?  Let's see - you still get $500 in credit for a net $250 investment.  But you cannot pay for that credit using NCL's shareholder credit back to you.  That sounds like a wise move by FDR to close a loophole, but in no way diminishes the CruiseNext value IMHO.

[pickle11]

1 hour ago, HuliHuli said:

Huh?  Let's see - you still get $500 in credit for a net $250 investment.  But you cannot pay for that credit using NCL's shareholder credit back to you.  That sounds like a wise move by FDR to close a loophole, but in no way diminishes the CruiseNext value IMHO.

I am glad you like the policy change.  After all it's only $100.  NCLH needs it more

[SeaShark]

40 minutes ago, pickle11 said:

I am glad you like the policy change.  After all it's only $100.  NCLH needs it more

Right. And as an owner of the company, you want the company to benefit and make more money, correct?

[HuliHuli]

13 minutes ago, pickle11 said:

I am glad you like the policy change.  After all it's only $100.  NCLH needs it more

I appreciate your comment @pickle11, but want to clarify two points.  First, it is not so much as I "like the policy change," but rather I see it as a sound business decision, i.e., NCL not indirectly contributing to a further dollar-for-dollar reduction in the cost of CruiseNext certificates.  I think there are more than enough other ways to use the shareholder benefit on board.  Of course, we can all debate that point; I'm only expressing my view.

 

Second, I view the Shareholder Benefit as a de facto dividend on the stock.  I'm not sure I follow your comment that "NCLH needs it more."  But by not providing it as 'cash', i.e., refundable, the stockholder benefits by $100, but the actual cost to the cruise line is only the cost basis of whatever purchase we may make in applying it onboard.  I find that fair as well.

 

I'm not looking to debate it further, but others may if they so choose.

[The Traveling Man]

I wasn't aware of the change, either.  In the past we often have purchased Cruise Next Deposits using OBC.  I just never bothered to check which OBC was being used.  We also sometimes would pay for a couple of shorex while on board and usually had our daily gratuities added to our on board account, so it didn't really matter.  With this change in how we can use our shareholder benefit, though, I'll be sure not to prepay the gratuities and will always try to leave one or two tours to be booked and paid for on board.  That ought to use up the shareholder benefit, and I can pay for the CNDs on my credit card.  Thanks for the heads up.

[CroozFanatic]

Obviously we need a third category of OBC. That'll make everything perfectly clear.