silkhair1 Posted November 6, 2006 #1 Share Posted November 6, 2006 :confused: Do the points add up fast on the NCL credit card? I was thinking about getting one and I was not sure if it was a card that was useful. I have one that gives you airline miles and I never get anywhere. Thanks!!:D Link to comment Share on other sites More sharing options...
heelfan94 Posted November 6, 2006 #2 Share Posted November 6, 2006 It depends on how much you can use it without accruing any interest charges. I believe it's 3% on purchases, and 4% on NCL cruises. So if you charged $1000 a month you would get 30 points. I think the people who get great use of it can probably charge business-related expenses and then pay them off. Good luck and happy cruising. :) Link to comment Share on other sites More sharing options...
silkhair1 Posted November 6, 2006 Author #3 Share Posted November 6, 2006 Is every point 1 dollar? So $1000 charged gives you 30 points which is $30 dollars you can use towards the cruise? That would be nice! Link to comment Share on other sites More sharing options...
MAHICK Posted November 6, 2006 #4 Share Posted November 6, 2006 Sue, You are also limited to 250 points per month. How fast do the points add up? It depends on what you charge. Many folks have more than 1 card. You can also call BOA and ask for Convenience checks which are good for merchants that do not take credit cards. I use the convenience checks to pay my mortgage and when the charge appears on the credit card, I immediately pay it off. You can bank 1000 points per year per card. The most you can have on acount is 3000 points as after 3 years the oldest points start to disappear (ie, Mar 2002 points will be removed from an account on Apr 2005). You can request the Certificates in $500 increments any time but the certificates are only good for 1 year. The card is great but remember one thing. The points are not worth the problems if you do not pay the card off each month. Mark Link to comment Share on other sites More sharing options...
thewolffs Posted November 6, 2006 #5 Share Posted November 6, 2006 Yes. Every point is worth a dollar once you reach 500 points. 500 points= $500 off your cruise. If you use less than 500 points, they are only good for upgrades, I believe. I wouldn't cash them in until you have 500. It doesn't seem to be worth it. I just used 2000 points for my next cruise. I use my card for everything I can and pay it off every month. I think it is the best reward card out there. Link to comment Share on other sites More sharing options...
thewolffs Posted November 6, 2006 #6 Share Posted November 6, 2006 Sue, You are also limited to 250 points per month. How fast do the points add up? It depends on what you charge. Many folks have more than 1 card. You can also call BOA and ask for Convenience checks which are good for merchants that do not take credit cards. I use the convenience checks to pay my mortgage and when the charge appears on the credit card, I immediately pay it off. You can bank 1000 points per year per card. The most you can have on acount is 3000 points as after 3 years the oldest points start to disappear (ie, Mar 2002 points will be removed from an account on Apr 2005). You can request the Certificates in $500 increments any time but the certificates are only good for 1 year. The card is great but remember one thing. The points are not worth the problems if you do not pay the card off each month. Mark So, you pay your mortgage with convenience checks and earn points? I've been trying to find a way to pay my mortgage and utilities to earn points. Link to comment Share on other sites More sharing options...
cruiserssandr Posted November 6, 2006 #7 Share Posted November 6, 2006 Sue, You are also limited to 250 points per month. How fast do the points add up? It depends on what you charge. Many folks have more than 1 card. You can also call BOA and ask for Convenience checks which are good for merchants that do not take credit cards. I use the convenience checks to pay my mortgage and when the charge appears on the credit card, I immediately pay it off. You can bank 1000 points per year per card. The most you can have on acount is 3000 points as after 3 years the oldest points start to disappear (ie, Mar 2002 points will be removed from an account on Apr 2005). You can request the Certificates in $500 increments any time but the certificates are only good for 1 year. The card is great but remember one thing. The points are not worth the problems if you do not pay the card off each month. Mark So, are there any fees when you use these checks? I had never even thought of doing this. Link to comment Share on other sites More sharing options...
MAHICK Posted November 6, 2006 #8 Share Posted November 6, 2006 Sure do. I just call BOA now since they replaced MNCB and BOA sends the checks. Just had a $30,000 addition put on house. Used Convenience Checks to pay builder. Wife and I each have cards. Split the checks over 3 months. 5 checks. 900 points on that little transaction. It is like getting an automatic $900 discount on the construction. Just takes a little planning and organization... Mark Link to comment Share on other sites More sharing options...
MAHICK Posted November 6, 2006 #9 Share Posted November 6, 2006 Sorry. Forgot to answer about the fees. Haven't seen any yet..... Link to comment Share on other sites More sharing options...
silkhair1 Posted November 6, 2006 Author #10 Share Posted November 6, 2006 This sounds like a good deal. Link to comment Share on other sites More sharing options...
silkhair1 Posted November 6, 2006 Author #11 Share Posted November 6, 2006 How do I get a card? Link to comment Share on other sites More sharing options...
Marlissa Posted November 6, 2006 #12 Share Posted November 6, 2006 How do I get a card? On NCL's old website, they advertised the card on the homepage. I do not see the ad on the new site but did a google search and found https://wwwn.applyonlinenow.com/USCCapp/Ctl/entry?sc=KWYS&mc=A000001QFY. This is the same application page that was on NCL's old website. Link to comment Share on other sites More sharing options...
Marlissa Posted November 6, 2006 #13 Share Posted November 6, 2006 Sure do. I just call BOA now since they replaced MNCB and BOA sends the checks. Just had a $30,000 addition put on house. Used Convenience Checks to pay builder. Wife and I each have cards. Split the checks over 3 months. 5 checks. 900 points on that little transaction. It is like getting an automatic $900 discount on the construction. Just takes a little planning and organization... Mark I would be interested in knowing the final outcome when the conveniece checks post to you account as to if there is a fee involved. From all that I have seen in the online application and the credit card agreement paperwork, there is a 3% fee for cash advance checks. If that is true, the fee is the same as the 'reward' thus, not beneficial in the point accumulation. Although, there is a maximum fee of $75 dollars and maybe it would be worth it for the $30k worth of charges (900 total points received for a cost of $75 each month in fees). Maybe I need to try it for one month and see what happens. Link to comment Share on other sites More sharing options...
silkhair1 Posted November 6, 2006 Author #14 Share Posted November 6, 2006 Thank You, I just applied!!!!! Link to comment Share on other sites More sharing options...
thewolffs Posted November 6, 2006 #15 Share Posted November 6, 2006 I would be interested in knowing the final outcome when the conveniece checks post to you account as to if there is a fee involved. From all that I have seen in the online application and the credit card agreement paperwork, there is a 3% fee for cash advance checks. If that is true, the fee is the same as the 'reward' thus, not beneficial in the point accumulation. Although, there is a maximum fee of $75 dollars and maybe it would be worth it for the $30k worth of charges (900 total points received for a cost of $75 each month in fees). Maybe I need to try it for one month and see what happens. I called BOA and they said that those checks are the same thing as cash advance checks. There is a 3% fee up to a maximum of $75 and of course if you don't pay your balance off at the end of the month, you pay interest on that. I knew it sounded too good to be true. Maybe some day my mortgage company will take credit cards. Link to comment Share on other sites More sharing options...
immargaret Posted November 7, 2006 #16 Share Posted November 7, 2006 I called BOA and they said that those checks are the same thing as cash advance checks. There is a 3% fee up to a maximum of $75 and of course if you don't pay your balance off at the end of the month, you pay interest on that. I knew it sounded too good to be true. Maybe some day my mortgage company will take credit cards. Thanks for checking Christie, I was starting to get my hopes up as well;) Link to comment Share on other sites More sharing options...
1derful Posted November 7, 2006 #17 Share Posted November 7, 2006 I called BOA and they said that those checks are the same thing as cash advance checks. There is a 3% fee up to a maximum of $75 and of course if you don't pay your balance off at the end of the month, you pay interest on that. I knew it sounded too good to be true. Maybe some day my mortgage company will take credit cards. Also, in the credit card agreement from BOA NCL it states.... "Finance charges on cash advance checks accrue daily from the transaction date until the amount is paid in full." Link to comment Share on other sites More sharing options...
refman Posted November 7, 2006 #18 Share Posted November 7, 2006 Sure do. I just call BOA now since they replaced MNCB and BOA sends the checks. Just had a $30,000 addition put on house. Used Convenience Checks to pay builder. Wife and I each have cards. Split the checks over 3 months. 5 checks. 900 points on that little transaction. It is like getting an automatic $900 discount on the construction. Just takes a little planning and organization... Mark nice move Link to comment Share on other sites More sharing options...
missjanet Posted November 7, 2006 #19 Share Posted November 7, 2006 Thanks for verifying the info on those checks. I recently got a new card so I dug out the paperwork & I read exactly what you found. Those checks are considered "credit card cash advance check transactions" which do not accrue any points. Plus there's that 3% fee. Boy, am I bummed - I have to pay property taxes this week & I was hoping this would work. Link to comment Share on other sites More sharing options...
smeyer418 Posted November 7, 2006 #20 Share Posted November 7, 2006 Sue, You are also limited to 250 points per month. How fast do the points add up? It depends on what you charge. Many folks have more than 1 card. You can also call BOA and ask for Convenience checks which are good for merchants that do not take credit cards. I use the convenience checks to pay my mortgage and when the charge appears on the credit card, I immediately pay it off. You can bank 1000 points per year per card. The most you can have on acount is 3000 points as after 3 years the oldest points start to disappear (ie, Mar 2002 points will be removed from an account on Apr 2005). You can request the Certificates in $500 increments any time but the certificates are only good for 1 year. The card is great but remember one thing. The points are not worth the problems if you do not pay the card off each month. Mark Aren't convenience checks cash advances? Don't they charge a minimum fee for the check use? if so you are the one they are looking for....interest and fee charges exceed the cost of the points.... Link to comment Share on other sites More sharing options...
smeyer418 Posted November 7, 2006 #21 Share Posted November 7, 2006 I would be interested in knowing the final outcome when the conveniece checks post to you account as to if there is a fee involved. From all that I have seen in the online application and the credit card agreement paperwork, there is a 3% fee for cash advance checks. If that is true, the fee is the same as the 'reward' thus, not beneficial in the point accumulation. Although, there is a maximum fee of $75 dollars and maybe it would be worth it for the $30k worth of charges (900 total points received for a cost of $75 each month in fees). Maybe I need to try it for one month and see what happens. Isn't the maximum fee per check? and isn't there a 250 per month maximum for accumulation of points? so it will cost fees of the same amount(3%) for five checks up to a max of $75.00 per check $375.00 plus interest charges for a maximum total of 750.00 points seems like a lot of hassle for less than 375 points which you may or may not use. Stick to purchases and pay off every month. Link to comment Share on other sites More sharing options...
Marlissa Posted November 7, 2006 #22 Share Posted November 7, 2006 Isn't the maximum fee per check? and isn't there a 250 per month maximum for accumulation of points? so it will cost fees of the same amount(3%) for five checks up to a max of $75.00 per check $375.00 plus interest charges for a maximum total of 750.00 points seems like a lot of hassle for less than 375 points which you may or may not use. Stick to purchases and pay off every month. I agree, not worth all the hassle and possibilty that something doesn't go as planned and those points are eaten by more fees/interest. Link to comment Share on other sites More sharing options...
MrLee Posted November 13, 2006 #23 Share Posted November 13, 2006 Has anyone found a way to check how much you have on the account with the new BOA site? I can see all of the card details but not the amount of credit towards a cruise. Link to comment Share on other sites More sharing options...
x2tpd Posted November 14, 2006 #24 Share Posted November 14, 2006 Boy I was sooooooooooooooooooo excited there for a minute..... Link to comment Share on other sites More sharing options...
x2tpd Posted November 14, 2006 #25 Share Posted November 14, 2006 reposted for some reason sorry Link to comment Share on other sites More sharing options...
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