shareholder OBC question

[susiesan]

Since I have 2 cruises coming up on Oceania I went ahead and bought 100 shares of NCLH to get the $100 per cruise shareholder OBC. I have the form I need to send in to get the OBC credit applied to my sailing. It says " the owner of the shares will receive the onboard credit". The problem may be how I purchased the shares. I have a corporate Fidelity account that bought the 100 shares. When I send in the broker statement it won't have my name on it, but the name of my company. I am the owner of the company.

 

Will Oceania deny me the shareholder credit because of this?

[Flatbush Flyer]

24 minutes ago, susiesan said:

Since I have 2 cruises coming up on Oceania I went ahead and bought 100 shares of NCLH to get the $100 per cruise shareholder OBC. I have the form I need to send in to get the OBC credit applied to my sailing. It says " the owner of the shares will receive the onboard credit". The problem may be how I purchased the shares. I have a corporate Fidelity account that bought the 100 shares. When I send in the broker statement it won't have my name on it, but the name of my company. I am the owner of the company.

 

Will Oceania deny me the shareholder credit because of this?

You could try to prove that with documentation. But, I expect the answer will be “no” since it’s not the company going on the cruise. 

[Cliff-FLL]

I'd give it a try.  Submit the Fidelity statement showing that the company owns the stock, and include the corporate documents that show you own 100% of the company.  The worst they can do is say no.  I can't imagine them going that route since so many folks these days move their assets into trusts, calling into question the titled ownership versus practical ownership.

[susiesan]

10 minutes ago, Cliff-FLL said:

I'd give it a try.  Submit the Fidelity statement showing that the company owns the stock, and include the corporate documents that show you own 100% of the company.  The worst they can do is say no.  I can't imagine them going that route since so many folks these days move their assets into trusts, calling into question the titled ownership versus practical ownership.

If I had purchased the stock in my other Fidelity account, that is a trust and the same issue would come up of ownership. Hopefully O will be reasonable and do the right thing and OK the OBC, it's only a $100.

 

Any idea what phone number to call about thisto see what documents O needs to see to prove ownership of the company? This is not a simple thing to come up with.

Edited September 21, 2022 by susiesan

[Flatbush Flyer]

6 minutes ago, Cliff-FLL said:

I'd give it a try.  Submit the Fidelity statement showing that the company owns the stock, and include the corporate documents that show you own 100% of the company.  The worst they can do is say no.  I can't imagine them going that route since so many folks these days move their assets into trusts, calling into question the titled ownership versus practical ownership.

Yes but many family trusts will have your last name in the title.

[Cliff-FLL]

6 minutes ago, Flatbush Flyer said:

Yes but many family trusts will have your last name in the title.

Not if you don't want them to know it exists...😁

[ncarb]

On 9/20/2022 at 8:44 AM, Robjame said:

1. Take the OBC as your OLife perk - there is no monetary advantage and you are lending $ to Oceania, interest free.

 

2. Book a cruise through Oceania and fail to follow up with a TA to see what value-added benefits she can add if you transfer your booking to her. - often if not always you will get great perks from the TA like OBC, free gratuities, money back.

 

3. Assume that Oceania Air is a deal or that it provides guarantees that you will make your cruise. Unless you add more money you will arrive on the day of the cruise on an airline of their choosing and a routing of their choosing. No guarantees of making the ship either. At least ask your TA if she can do better.

 

and an added one:

4. Never book an Oceania hotel. Often it is twice the price with the pricing being per person. Check the same hotel through the hotel’s own website or one of the major consolidator companies.

 

Have you got other things not to do?

 

 

 

2 hours ago, susiesan said:

Since I have 2 cruises coming up on Oceania I went ahead and bought 100 shares of NCLH to get the $100 per cruise shareholder OBC. I have the form I need to send in to get the OBC credit applied to my sailing. It says " the owner of the shares will receive the onboard credit". The problem may be how I purchased the shares. I have a corporate Fidelity account that bought the 100 shares. When I send in the broker statement it won't have my name on it, but the name of my company. I am the owner of the company.

 

Will Oceania deny me the shareholder credit because of this?

 

[ncarb]

Submit the form with brokerage statement plus some evidence that you are the sole owner of the corporation. If they say no, go up the line with supervisors and Duke it out. They are tight with money.

[tgg]

Buy another 100 shares in your own name and solve the problem.

[Cape Hernlopen]

Dear Susiesan:

 

I own my 100 shares of NCL in a Trust Account and have received the OBC twice with no questions asked.  Both times it was for longer cruises and I received the $250 OBC.

Joel Barry

[susiesan]

5 hours ago, tgg said:

Buy another 100 shares in your own name and solve the problem.

I called my broker, he is transferring the shares from the corporate account to my trust account that has my name on it. I don't want another 100 shares. 

[WFHFLOYD]

if it's a corporation, the corp tax return has the name and percentage share of the owners   you could send that with the pertinent names showing and the numbers redacted.  

[Psoque]

Related question:  Is the shareholder OBC stackable with AMEX Cruise Privileges OBC?

[mauibabes]

On the O website for Shareholder benefits I think it mentions Combining SBC with the Shareholder. Benefit. IMHO, I would always submit for the Shareholder benefits and be happy with the outcome because you can never have too much SBC. Again, IMHO. 

Mauibabes

[Psoque]

2 hours ago, mauibabes said:

On the O website for Shareholder benefits I think it mentions Combining SBC with the Shareholder. Benefit. IMHO, I would always submit for the Shareholder benefits and be happy with the outcome because you can never have too much SBC. Again, IMHO. 

Mauibabes

Could you tell me where you found this?  Also, what do you mean by SBC?

One memo from Norwegian (found in a third-party website, not Oceania or Norwegian website) says shareholder OBC is “not combinable with other offers.”  I am not sure how the term “other offerers” are defined.  It would be really stupid of Oceania if they consider OLife Choice as one of the “other offers” since that would effectively make shareholder benefit virtually useless.

[mauibabes]

Try this for a start. 
NORWEGIAN CRUISE LINE HOLDINGS LTD. IS THRILLED TO OFFER OUR SHAREHOLDERS THE FOLLOWING BENEFITS:
$250 Onboard Credit per Stateroom on Sailings of 15 Days or More. $100 Onboard Credit per Stateroom on Sailings of 7 to 14 Days. $50 Onboard Credit per Stateroom on Sailings of 6 Days or Less.
This exclusive benefit is reserved solely for shareholders owning a minimum of 100 shares of Norwegian Cruise Line Holdings Ltd. at time of sailing. Offer valid for any vacation on Norwegian Cruise Line®, Oceania Cruises® or Regent Seven Seas Cruises®, excluding charter sailings. Additional terms and conditions may apply.* To redeem this special offer, simply complete the attached Shareholder Benefit Request Form and mail or email (with accompanying documentation) request at least 15 days prior to sailing to:
  Email:
ShareholderBenefit@ncl.com
To learn more about Norwegian Cruise Line visit www.ncl.com
Mailing Address:
Oceania Cruises
Shareholder Benefit Department 7665 Corporate Center Drive Miami, FL 33126
Email:
ShareholderBenefit@ oceaniacruises.com
To learn more about
Oceania Cruises
visit www.oceaniacruises.com
Mailing Address:
Regent Seven Seas Cruises Shareholder Benefit Department 1401 NW 136th Avenue, Suite 101 Sunrise, FL 33323
Email:
ShareholderBenefit@RSSC.com
To learn more about Regent Seven Seas Cruises visit www.rssc.com
*Credit is applied on a per stateroom/suite basis. There can only be one credit per shareholder reservation on any one sailing. If you are requesting shareholder onboard credit for two or more separate staterooms/ suites and shares are held jointly, a minimum of 100 shares per stateroom/suite booked must be held. Singles paying 200% are entitled to full onboard credit value. Any unused credit shall be forfeited and is not redeemable for cash. Benefit is non-transferable, excludes Reduced Rate programs (e.g. employee rates, interline, friends /family rates, vendor rates, cruises taken via cruise credit certificate, or free cruises earned through Oceania Cruises loyalty benefits), and travel agent rates, and charters. All shareholder benefit requests must be received at least fifteen days prior to sailing date. The Shareholder must own the Norwegian Cruise Line Holdings Ltd. stock at time of sailing. Offer is valid only for new reservations made on or after January 7, 2019. It may not be used toward onboard service charges or pre-purchased activities. Government taxes and fees are additional. Norwegian Cruise Line, Oceania Cruises, and/or Regent Seven Seas Cruises reserve the right to change or withdraw the offer at any time without notice, and are not responsible for typographical errors or omissions. Other terms and conditions may apply. Offer and combinability with other promotional offers is subject to change at any time per Norwegian Cruise Line, Oceania

 

Some credit offers are not combineable. SBC or OBC are the same thing, Oceania money to be spent on board. The SBC is not impacted by the O Life amenities received in your booking. 
 

good Luck,

Mauibabes

[Psoque]

5 minutes ago, mauibabes said:

Try this for a start. 
NORWEGIAN CRUISE LINE HOLDINGS LTD. IS THRILLED TO OFFER OUR SHAREHOLDERS THE FOLLOWING BENEFITS:
$250 Onboard Credit per Stateroom on Sailings of 15 Days or More. $100 Onboard Credit per Stateroom on Sailings of 7 to 14 Days. $50 Onboard Credit per Stateroom on Sailings of 6 Days or Less.
This exclusive benefit is reserved solely for shareholders owning a minimum of 100 shares of Norwegian Cruise Line Holdings Ltd. at time of sailing. Offer valid for any vacation on Norwegian Cruise Line®, Oceania Cruises® or Regent Seven Seas Cruises®, excluding charter sailings. Additional terms and conditions may apply.* To redeem this special offer, simply complete the attached Shareholder Benefit Request Form and mail or email (with accompanying documentation) request at least 15 days prior to sailing to:
  Email:
ShareholderBenefit@ncl.com
To learn more about Norwegian Cruise Line visit www.ncl.com
Mailing Address:
Oceania Cruises
Shareholder Benefit Department 7665 Corporate Center Drive Miami, FL 33126
Email:
ShareholderBenefit@ oceaniacruises.com
To learn more about
Oceania Cruises
visit www.oceaniacruises.com
Mailing Address:
Regent Seven Seas Cruises Shareholder Benefit Department 1401 NW 136th Avenue, Suite 101 Sunrise, FL 33323
Email:
ShareholderBenefit@RSSC.com
To learn more about Regent Seven Seas Cruises visit www.rssc.com
*Credit is applied on a per stateroom/suite basis. There can only be one credit per shareholder reservation on any one sailing. If you are requesting shareholder onboard credit for two or more separate staterooms/ suites and shares are held jointly, a minimum of 100 shares per stateroom/suite booked must be held. Singles paying 200% are entitled to full onboard credit value. Any unused credit shall be forfeited and is not redeemable for cash. Benefit is non-transferable, excludes Reduced Rate programs (e.g. employee rates, interline, friends /family rates, vendor rates, cruises taken via cruise credit certificate, or free cruises earned through Oceania Cruises loyalty benefits), and travel agent rates, and charters. All shareholder benefit requests must be received at least fifteen days prior to sailing date. The Shareholder must own the Norwegian Cruise Line Holdings Ltd. stock at time of sailing. Offer is valid only for new reservations made on or after January 7, 2019. It may not be used toward onboard service charges or pre-purchased activities. Government taxes and fees are additional. Norwegian Cruise Line, Oceania Cruises, and/or Regent Seven Seas Cruises reserve the right to change or withdraw the offer at any time without notice, and are not responsible for typographical errors or omissions. Other terms and conditions may apply. Offer and combinability with other promotional offers is subject to change at any time per Norwegian Cruise Line, Oceania

 

Some credit offers are not combineable. SBC or OBC are the same thing, Oceania money to be spent on board. The SBC is not impacted by the O Life amenities received in your booking. 
 

good Luck,

Mauibabes

Which part of this is from the website and which part of it is your writing??

[LHT28]

here is  the link

https://d1io3yog0oux5.cloudfront.net/nclhltd/files/documents/623650_-_NCL_Shareholder_Benefit_Offer.pdf

https://d1io3yog0oux5.cloudfront.net/nclhltd/files/documents/623650_-_NCL_Shareholder_Benefit_Request_Form.pdf

[Psoque]

I'm just sending an e-mail to NCLH shareholder benefits people and asking the question directly.  Should have thought of it sooner.

Edited September 28, 2022 by Psoque

[WillCruiseForMoney]

On 9/27/2022 at 7:19 AM, Psoque said:

Related question:  Is the shareholder OBC stackable with AMEX Cruise Privileges OBC?

Yes, they are stackable.