Questions about Shareholder Perks

[mikjr]

I've seen it mentioned a few times from posters about OBC for Carnival Corp shareholders. I have a couple of questions:

 

1) What kind of credits or perks are received?

 

2) Are they good for any of the Carnival Lines?

 

3) Is there a minimum number of shares required?

 

4) Are the credits good one time annually?

 

thanks

[Pia1913]

I've seen it mentioned a few times from posters about OBC for Carnival Corp shareholders. I have a couple of questions:

 

1) What kind of credits or perks are received?

 

OBC from $50 to $250 depending on the length of the cruise

 

2) Are they good for any of the Carnival Lines?

 

Yes

 

3) Is there a minimum number of shares required?

 

100

 

4) Are the credits good one time annually?

 

Good for as many cruises that you take; no annual limit.

 

thanks

 

Your welcome.

 

Pia

[m steve]

You can get any amount from $50 to $500 depending on length of cruise and cabin level. You need 100 shares to qualify and you send them a copy of broker statement and your ship name, res. code and cabin #. You can use it every time you cruise on a Carnival corp ship. I will be using it on HAL and Princess this year and HAL next.

At the current price it is a good buy and they pay $35 a quarter in dividends. I bought it before the current market drop so I will have to sail a lot to make up my losses.

[Mirage3232]

I'm curious if the OBC they give you as a shareholder is over and above whatever other OBCs you might have coming to you. Does anyone know? I've read the small print on a lot of the OBC promotions and it can only be up to so much per person. This happened to us, too, with our Future Cruise Credit. We put a downpayment of $100 per person (three of us) but on our upcoming cruise, only two of us are getting OBC because they only go to the first two passengers in each cabin. We knew this beforehand so it was not a surprise.

 

Thanks for any information you can provide.

 

-Deanna

[cherylandtk]

I'm curious if the OBC they give you as a shareholder is over and above whatever other OBCs you might have coming to you. Does anyone know?

-Deanna

Stock OBC is usually not combinable with any other promotion or cruiseline issued OBC--so it would not work with a Princess FCC. (As you pointed out, they will let you combine only up to the full value of the stock credit, so essentially it means why bother with having two)

[Pia1913]

Stock OBC is usually not combinable with any other promotion or cruiseline issued OBC--so it would not work with a Princess FCC. (As you pointed out, they will let you combine only up to the full value of the stock credit, so essentially it means why bother with having two)

 

Carnival and Holland America allow double dipping; Princess does not. Don't know if any changes have occurred recently; haven't cruised HAL in several years, but took a Carnival cruise in 2006.

 

Pia

[cherylandtk]

Pia,

I am not sure if it has changed or if it just isn't enforced, but the wording from the Carnival Corp shareholders benefit is: "This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. Employees, travel agents cruising at travel agent rates, tour conductors or anyone cruising on a reduced-rate or complimentary basis are excluded from this offer. This benefit is not transferable, not combinable with any other shipboard offer and cannot be used for casino credits/charges and gratuities charged to your onboard account. Only one onboard credit per shareholder-occupied stateroom. Reservations must be made by February 28, 2008."

 

From:http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-sharebenefit

[Pia1913]

Pia,

I am not sure if it has changed or if it just isn't enforced, but the wording from the Carnival Corp shareholders benefit is: "This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. Employees, travel agents cruising at travel agent rates, tour conductors or anyone cruising on a reduced-rate or complimentary basis are excluded from this offer. This benefit is not transferable, not combinable with any other shipboard offer and cannot be used for casino credits/charges and gratuities charged to your onboard account. Only one onboard credit per shareholder-occupied stateroom. Reservations must be made by February 28, 2008."

 

From:http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-sharebenefit

 

This is the same wording that's always been there; just looked at one of the old annual reports. I have had Carnival stock forever; since it was $18/share. I've also cashed in many times. They don't owe me a dime.:D

[bxny]

Is this a one time promotion or are OBC always awarded to stockholders.

[cactusrose]

Is this a one time promotion or are OBC always awarded to stockholders.

 

This is a stockholder benefit that is published on their corporate site. Although it only runs for a year at a time it has been renewed annually for many years. http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-sharebenefit

[Pia1913]

This is a stockholder benefit that is published on their corporate site. Although it only runs for a year at a time it has been renewed annually for many years. http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-sharebenefit

 

Thanks Stacey. I just printed it. I haven't had a new copy in quite some time. Maybe CCL would like me to sell my shares and that's why they're avoiding me. :rolleyes:

[drvpaul123]

Stock OBC is usually not combinable with any other promotion or cruiseline issued OBC--so it would not work with a Princess FCC. (As you pointed out, they will let you combine only up to the full value of the stock credit, so essentially it means why bother with having two)

 

There is a benefit in having both the FCC credit & the stock credit:

For our upcoming 7 day cruise, my DW & I were eligible for the Princess FCC of $50 per person OBC. This would equal $100 total for our stateroom. But since I am a stockholder, I was also eligible for an additional $50 OBC ($100 OBC for being stockholder less the $50 FCC). This means we are eligible for a total OBC of $150 for our stateroom (instead of just $100 FCC) by having both the FCC & stock OBC.

I hope this isn't too confusing.:D

[cosmo1027]

I recently submitted the documentation to Princess for our stockholder onboard credit for an upcoming 7 day cruise. I was disappointed when I received an email back saying that it could not be honored since we were already getting an onboard credit promotion from our booking with the travel agency.

 

This really surprised me since I had not run into this before. We cruised on Holland America earlier this year and got a $50 OBC promotion when we booked and also got our $100 stockholder OBC.

 

I thought maybe Princess made a mistake, but according to this thread it sounds like Princess will not honor it in combination with another OBC. I don't think this is right since the OBC we have on the booking was available to the public. I don't think you should be penalized and not be eligible for your stockholder benefit because you were able find a good deal that anyone could get.

[Pia1913]

I recently submitted the documentation to Princess for our stockholder onboard credit for an upcoming 7 day cruise. I was disappointed when I received an email back saying that it could not be honored since we were already getting an onboard credit promotion from our booking with the travel agency.

 

This really surprised me since I had not run into this before. We cruised on Holland America earlier this year and got a $50 OBC promotion when we booked and also got our $100 stockholder OBC.

 

I thought maybe Princess made a mistake, but according to this thread it sounds like Princess will not honor it in combination with another OBC. I don't think this is right since the OBC we have on the booking was available to the public. I don't think you should be penalized and not be eligible for your stockholder benefit because you were able find a good deal that anyone could get.

 

Unfortunately Princess does not allow you to double dip. However, you can get the larger of the two. If your stockholder benefit is more than the OBC offered elsewhere, you get that. I know that HAL allows it, but Princess does not.

 

Pia

[Nancyquilts]

Unfortunately Princess does not allow you to double dip. However, you can get the larger of the two. If your stockholder benefit is more than the OBC offered elsewhere, you get that. I know that HAL allows it, but Princess does not.

 

Pia

But sometimes you don't. :( On our cruise to Hawaii last spring, the stock would have provided $100 more than our other OBC, but we didn't get it. The purser's office said that they couldn't do anything, and we would have to contact the main office, and the main office told us that since we were on the ship, we'd have to work through the purser's office. I guess they can do whatever they want, but I'm still annoyed by the whole thing. But not enough not to book another cruise on Princess for next spring. Nancy

[Tucker in Texas]

It says you can't use the stock OBC for gratuities but they let us use it for our Princess Alaska cruise in 2006. Royal Caribbean lets you use it for casino money you withdraw on your sign 'n sail card and tips. I didn't try it in the casino on the Princess cruise as they charge a fee for casino money put on the card. RCI doesn't charge a fee for getting money from the casino on the card and more than one person was down there getting cash like an ATM machine whether they needed it or not because there was no charge and it ultimately went on a credit card that accrues ff miles or cash rebates.

 

Tucker in Texas

[cactusrose]

But sometimes you don't. :( On our cruise to Hawaii last spring, the stock would have provided $100 more than our other OBC, but we didn't get it. The purser's office said that they couldn't do anything, and we would have to contact the main office, and the main office told us that since we were on the ship, we'd have to work through the purser's office. I guess they can do whatever they want, but I'm still annoyed by the whole thing. But not enough not to book another cruise on Princess for next spring. Nancy

 

Nancy. . .did you apply for it before the cruise?

[Nancyquilts]

Yes - we applied for it before the cruise, was told we would have it, and then it fell through the cracks. Oh, well. Nancy

[Pia1913]

Yes - we applied for it before the cruise, was told we would have it, and then it fell through the cracks. Oh, well. Nancy

 

Nancy, once you get on the ship it's too late. You have to make sure to speak to Princess before you board. They will acknowledge whether or not it's been applied to your account.

 

Pia

[Nancyquilts]

Nancy, once you get on the ship it's too late. You have to make sure to speak to Princess before you board. They will acknowledge whether or not it's been applied to your account.

 

Pia

That was what irritated me, Pia - We applied in time, and they said we would get it. BTW, thanks for your reports on Diamond Hawaii. Nancy

[Pia1913]

That was what irritated me, Pia - We applied in time, and they said we would get it. BTW, thanks for your reports on Diamond Hawaii. Nancy

 

You're welcome Nancy. It's always fun to do a report, but with limited minutes can't always do in depth.

 

As for the shareholder OBC, just telling you you'll get it is not enough. The person you speak to has to tell you exactly how much is on your account. Once they confirm the amount, it's on there and not a promise. Wouldn't it be nice if "WE" could run the show? :D

 

Pia