mr jailerman Posted December 12, 2008 #1 Share Posted December 12, 2008 Just curios as my final payment is Due the first week on February ? If the price drops before final payment, will I still get the reduction or an OBC ? Thanks for any info and have a great night. :) Link to comment Share on other sites More sharing options...
newmexicoNita Posted December 12, 2008 #2 Share Posted December 12, 2008 Just curios as my final payment is Due the first week on February ? If the price drops before final payment, will I still get the reduction or an OBC ? Thanks for any info and have a great night. :) there are no negatives: yes, if you pay it off today and the price drops before final payment is due (nothing to do with when you made final payment) they will honor the new price. Of course if the new price is a promo for new bookings only, that could be a different story. Good luck and happy cruising Nita Link to comment Share on other sites More sharing options...
weloverunning Posted December 12, 2008 #3 Share Posted December 12, 2008 Jailerman: There is only one negative. Once your upcoming cruise is paid in full, then you figure you might as well start looking to book another cruise since the other one is paid for.:D Link to comment Share on other sites More sharing options...
mr jailerman Posted December 12, 2008 Author #4 Share Posted December 12, 2008 Jailerman: There is only one negative.Once your upcoming cruise is paid in full, then you figure you might as well start looking to book another cruise since the other one is paid for.:D :D Already Done ! Carnival Triumph out of New York City next August ! :D Link to comment Share on other sites More sharing options...
saleandsail Posted December 12, 2008 #5 Share Posted December 12, 2008 The other negative is that NCL is getting the interest on the money instead of you. Link to comment Share on other sites More sharing options...
Arwenmark Posted December 12, 2008 #6 Share Posted December 12, 2008 there are no negatives: yes, if you pay it off today and the price drops before final payment is due (nothing to do with when you made final payment) they will honor the new price. Of course if the new price is a promo for new bookings only, that could be a different story. Good luck and happy cruising Nita That has not been my experience and according to NCL and my TA. It is company policy, as opposed to most other lines that there will be NO price adjustment or credit once final payment has been made. they MAY upgrade you if the price of your category has dropped, but no guarantee there either. Link to comment Share on other sites More sharing options...
NevadaHiRoller Posted December 12, 2008 #7 Share Posted December 12, 2008 That has not been my experience and according to NCL and my TA. It is company policy, as opposed to most other lines that there will be NO price adjustment or credit once final payment has been made. they MAY upgrade you if the price of your category has dropped, but no guarantee there either. Correct, and NCL is tighter about this than any other line. Link to comment Share on other sites More sharing options...
newmexicoNita Posted December 12, 2008 #8 Share Posted December 12, 2008 Correct, and NCL is tighter about this than any other line. Thank is a 110% wrong advise...You can pay in full the minute you book and still get adjustments if prices go down. If it is after final payment is due (75 days prior to sailing) then you can get an upgrade but no price adjustment. It has absolutely nothing to do with when a person makes final payment, only the final payment date...I think this is probably what your travel agent told you and you misunderstood final payment with final payment date.. Or, at least I hope that is what she/he said. Nita Link to comment Share on other sites More sharing options...
newmexicoNita Posted December 12, 2008 #9 Share Posted December 12, 2008 That has not been my experience and according to NCL and my TA. It is company policy, as opposed to most other lines that there will be NO price adjustment or credit once final payment has been made. they MAY upgrade you if the price of your category has dropped, but no guarantee there either. Absolutely not true: there is a difference between final payment and final payment date. I deal with this on a daily bases...As long as final payment date has not passed the price will be adjusted. After final payment date NCL will offer an upgrade if one is available. Sorry to get so ticked, but I hate wrong advise!!!!!! Nita Link to comment Share on other sites More sharing options...
CruisnGram Posted December 12, 2008 #10 Share Posted December 12, 2008 OP: Nita is absolutely correct. If your final payment due date has passed, then no adjustments other then perhaps an upgrade will be offered by NCL if your cruise price falls. But, if you make your payment early, and final payment date has not yet passed, you are still eligible for price reductions etc. Making your payment early does not affect anything. CG Link to comment Share on other sites More sharing options...
Arwenmark Posted December 12, 2008 #11 Share Posted December 12, 2008 ... Link to comment Share on other sites More sharing options...
elephant98 Posted December 12, 2008 #12 Share Posted December 12, 2008 A couple years ago, I booked a cruise on the Jewel about three months before final payment was due. Since the time for final payment was fast approaching, I went ahead and paid in full at the time I booked. When the price of the cruise dropped about $75/person soon thereafter, I called NCL and they honored the price drop because the due date for final payment had not been reached. The only oddity is that instead of crediting the money back to my credit card, NCL issued me a check for $150. I don't know if that was standard operating procedure or not. In any case, I did get a refund. Link to comment Share on other sites More sharing options...
mr jailerman Posted December 12, 2008 Author #13 Share Posted December 12, 2008 Absolutely not true: there is a difference between final payment and final payment date. I deal with this on a daily bases...As long as final payment date has not passed the price will be adjusted. After final payment date NCL will offer an upgrade if one is available. Sorry to get so ticked, but I hate wrong advise!!!!!! Nita Thanks Nita..:) I did just pay it off just to have one less thing to remember to do next month. NCL did tell me the same thing that you just said about price reductions and final payment DUE DATE.. Thanks once more and I will still be watching those prices for another 6 weeks or so..;) Link to comment Share on other sites More sharing options...
garycarla Posted December 12, 2008 #14 Share Posted December 12, 2008 He who has the MONEY has the MOST control. Other than maybe forgetting to pay or spending the money foolishly, I see no reason to pay early. The lost interest argument is pretty weak as it might not be in an interest bearing account anyways, and at 3%, a $2,000 cruise comes to $5 a month. On the other hand, if a credit card could be paid off and somebody is paying 18% interest, that is another story. Link to comment Share on other sites More sharing options...
johnql Posted December 12, 2008 #15 Share Posted December 12, 2008 Personally, I never part with my money until I have to, so I would never pay off a cruise (or anything else, for that matter) well before final payment date. You never know if you'll need access to the money for something else (e.g., an emergency), so holding onto it until the last minute makes more sense to me. Link to comment Share on other sites More sharing options...
terrymtex01 Posted December 12, 2008 #16 Share Posted December 12, 2008 Personally, I never part with my money until I have to, so I would never pay off a cruise (or anything else, for that matter) well before final payment date. You never know if you'll need access to the money for something else (e.g., an emergency), so holding onto it until the last minute makes more sense to me. While I do see the wisdom in that, we do just the opposite. When we get any bill we cut a check for it that day or book any vacation, we pay it the minute we book it. Just one of those "different strokes for different folks" kind of things. We like the peace of mind knowing the payment, for whatever the payment may be for, isn't looming over our heads. Speaking of.. my "inlaws" will be booking a cruise with us for 2010 and I am sure they will want to pay theirs out. I know or at least I think I know you have to pay $250.00 deposit for each of them, but how does NCL handle the balance? Do you get to just pay ever so much when you can as long as it is paid in full by final payment date? Or does NCL create a payment schedule? Since we have always paid ours in full, I'm not for sure what to tell my inlaws. Link to comment Share on other sites More sharing options...
cpcanuck Posted December 12, 2008 #17 Share Posted December 12, 2008 While I do see the wisdom in that, we do just the opposite. When we get any bill we cut a check for it that day or book any vacation, we pay it the minute we book it. Just one of those "different strokes for different folks" kind of things. We like the peace of mind knowing the payment, for whatever the payment may be for, isn't looming over our heads. Speaking of.. my "inlaws" will be booking a cruise with us for 2010 and I am sure they will want to pay theirs out. I know or at least I think I know you have to pay $250.00 deposit for each of them, but how does NCL handle the balance? Do you get to just pay ever so much when you can as long as it is paid in full by final payment date? Or does NCL create a payment schedule? Since we have always paid ours in full, I'm not for sure what to tell my inlaws. My experience of this is: I have been able to make any amount of a payment when ever I want to by simply calling NCL (whom I booked directly with), and yes as long as I have it paid in full by the due date, they don't care how often I make payments nor what the amount I pay each time. This has worked well for me! cpcanuck Link to comment Share on other sites More sharing options...
terrymtex01 Posted December 13, 2008 #18 Share Posted December 13, 2008 My experience of this is: I have been able to make any amount of a payment when ever I want to by simply calling NCL (whom I booked directly with), and yes as long as I have it paid in full by the due date, they don't care how often I make payments nor what the amount I pay each time. This has worked well for me! cpcanuck Great.. thank you.. I kind of thought that was probably the case.. Appreciate your answer. Link to comment Share on other sites More sharing options...
calmac Posted December 13, 2008 #19 Share Posted December 13, 2008 Terry, you can also pay via NCL's website and, prior to final payment date, there is an option to pay in full or to pay an amount less than the full amount which you enter. Link to comment Share on other sites More sharing options...
johnql Posted December 13, 2008 #20 Share Posted December 13, 2008 While I do see the wisdom in that, we do just the opposite. When we get any bill we cut a check for it that day or book any vacation, we pay it the minute we book it. Just one of those "different strokes for different folks" kind of things. We like the peace of mind knowing the payment, for whatever the payment may be for, isn't looming over our heads. As you said, "different strokes for different folks", but honestly I've never understood the peace of mind business. We all have bills and I rarely hear about anybody pre-paying their rent, their property taxes, etc. Don't get me wrong - I always pay my bill in full when it arrives; I'm not about to pay the cc company interest when I don't have to, for instance. Plus, I can understand the benefit of pre-paying a mortgage because it reduces the principle and directly shortens the life of the mortgage. So, if the cruise line offered me a benefit to paying early, I would do it. For instance, I have traveled a number of times with Overseas Adventure Travel on land tours and they offer a % discount if you pay in full early. That makes sense to me. Otherwise, bills loom all the time - what's one more bill as long as you know you have the funds ready when the time comes? Link to comment Share on other sites More sharing options...
gkrnjlr Posted December 13, 2008 #21 Share Posted December 13, 2008 mr jailerman, thanks for posting this. I was wondering the same! Since we're both new to NCL and both coming from CCL - maybe we can help each other figure out all the "little" things that might be different between the two. Too bad we're not going on the same cruise/sailing! Link to comment Share on other sites More sharing options...
SueSea Posted December 13, 2008 #22 Share Posted December 13, 2008 I guess the question is, how early? A month, a year? The basis of the time value of money is that a dollar today is worth more than a dollar in the future. You could pay off your cruise in full, but you lose the interest on those funds if you saved them, or the return if you invested them, or (most critical to me) the ability to use those funds for something else if there is a compelling need. To put it into terms cruisers can relate to, I would hate to have to pass on a great deal for a last minute cruise because my vacation funds were tied up in a cruise I'm not taking for a year! ;) Link to comment Share on other sites More sharing options...
Us2inFL Posted December 13, 2008 #23 Share Posted December 13, 2008 I know this has been discussed before, but it never affected us until now. With NCL shutting down the Compass coupon offer as we knew it, we're due to get three $500 coupons shortly after the new year. We have a final payment due mid January for a cruise in April. If we get the coupons after final payment, does NCL refund the ($1500) when they receive the coupons, even though the cruise is paid for in-full? Link to comment Share on other sites More sharing options...
mr jailerman Posted December 13, 2008 Author #24 Share Posted December 13, 2008 I agree with not letting the cruiselines hold your $$ for to long , But since mt final payment was due in 6 weeks anyway I really wont lose much as far as interest. To not have that payoff hanging over my head is worth something to me also. :) Link to comment Share on other sites More sharing options...
mr jailerman Posted December 13, 2008 Author #25 Share Posted December 13, 2008 mr jailerman, thanks for posting this. I was wondering the same!Since we're both new to NCL and both coming from CCL - maybe we can help each other figure out all the "little" things that might be different between the two. Too bad we're not going on the same cruise/sailing! :D Probably best that we are not on the same cruise..:D You would get me in trouble. ;) :D Link to comment Share on other sites More sharing options...
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