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-   -   Who owns stock in order to get the free OBC? (http://www.cruisemates.com/forum/all-things-cruising/392403-who-owns-stock-order-get-free-obc.html)

aerospace October 12th, 2012 12:45 PM

Who owns stock in order to get the free OBC?
 
Does anyone own stock in RCL or Carnival in order to get OBC for your sailings? I know it's usually not combineable with other specials so do you find it useful often?

If so how does it work, also is it a set amount or based on length of cruise or total etc.

Paul Motter October 12th, 2012 02:25 PM

I have done this in the past - and it was really easy.

All you have to do is supply proof that you own when you book the cruise, and that you still own it when you take the cruise.

Here is current information I have found - it appears they intend to end this program someday...

- - - - - - - - - - - - - - -

Booking Deadline: 2/28/13


Ships/Saildates: Applicable on sailings through 7/31/13


Offer:

$ 50 on board credit per stateroom ($25pp) on any cruise of 6 days or less
$100 on board credit per stateroom ($50pp) on any cruise of 7 - 13 days
$250 on board credit per stateroom ($125pp) on any cruise of 14 days or longer


The following restrictions and limitations apply:

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 Ė CPGO/CPGI/CMGM/CCAC/No T/A Rates/SAís/CCLM/CCSA (net rates).

This benefit is not transferable and cannot be used for casino credits/charges and gratuities charged to your onboard account.

Only one onboard credit per shareholder-occupied stateroom.
Certain restrictions apply.

Applications to receive these benefits (OBC) should be made at least two weeks prior to cruise departure date.


After the reservation has been made, the shareholder must provide their name, reservation number, ship and sailing date, along with proof of ownership of Carnival Corporation or Carnival pic shares (example: photocopy of shareholder proxy card; shares certificate or current brokerage or nominee statement) at the time of deposit to Guest Services Admin. This information can be faxed or mailed at the time of deposit to:

Carnival Cruise Lines
ATT: Guest Services Admin Supervisor
Guest Admin, Mailstop MSGA-457s
3655 N.W. 87 Avenue
Miami, FL 33178-2428
Fax Number: 305 406-6477

Mary Ruiz Online Community Specialist Carnival Cruise Lines Staff

Note - you should also take proof of ownership with you onto the cruise so you can prove it to the front office if the credit is not on your account already.

aerospace October 12th, 2012 02:45 PM

That's better than I expected, for long cruises that could make a big difference.

Does anyone else have this, for instance Norwegian or Princess? So many of the cruiselines are cross owned/under the same umbrella it's hard to keep track :)

Paul Motter October 12th, 2012 02:47 PM

Norwegian is not yet a publicly traded company.

But Royal Caribbean is and I believe they still have the same program. But with RCCL it is not combinable with any other credit offer.

Dave Beers October 12th, 2012 03:46 PM

I have a few hundred shares of RCL and it is a hoop-jumping experience these days to get the OBC. I just sent my requests in for my December cruises on Liberty Of The Seas, but have not received a reply yet. In my case I do not have other OBCs but I did get the balcony cabin discount that is a C&A perk.

My view is, I will always ask for the OBC no matter what other discounts and credits I have. I'll leave it up to the cruise line to decide if I am eligible. ;)

kandajones October 12th, 2012 03:57 PM

We've had the 100 shares in Carnival for a few years now and although the price is slightly down on our purchae price, we are veryhappy with the benefits enojyed so far across Princess, Cunard, HAL and P&O :D

We used to have one registration which covered all the brands, but this year it was changed so that we have to send off our proof each time we book.

Can't speak for the other lines benefits, but "Thanks, Carni Corp"

Alan.

Manuel October 12th, 2012 06:05 PM

I had Royal Caribbean stock for many years and we did get all those discounts on Royal and Celebrity.
I sold the stock when we moved to Florida because we needed some extra cash at the time and now we don't cruise as often as we used to.
When I lived in Connecticut I loved to cruise to warm locations but now that we live where it's warm and close to the ocean, I am not as excited about cruising.

TM

Mike M October 12th, 2012 06:55 PM

For the last ten years I have kept at least 100 shares of Carnival and Royal Caribbean in my portfolio.

I have received the OBC on just about every CCL and RCI cruise I've taken in the last ten years. I wasn't eligible one time and it was because of the fare that I booked. I can't remember, off the top of my head, the exact reason but it was on a Celebrity cruise.

I just received confirmation of my OBC for my upcoming Celebrity, Millennium cruise. That combined with my Amex Platinum cruise credit will help with the bill.

You do have to send in a copy of your monthly statement or a proxy statement but that's about it.

I wouldn't go out and buy 100 shares just to get the credit but if you have a diverse portfolio you can do a lot worse than having a couple hundred shares of cruise line stock in it.

BTW: CCL stock will cover all CCL lines: Carnival, HAL, Princess, P&O, Costa, Seabourn etc.
RCI: Will cover Royal Caribbean, Celebrity and Azamara.

Take care,
Mike

Dave Beers October 12th, 2012 07:26 PM

I fell into the RCL stock cheap. It was down to around $7 a share three years ago and I decided that was too good to ignore. In my case I bought it solely to get the OBC and I've more than made back my original investment since then. Of course I know others who bought at at $40.

aerospace October 12th, 2012 08:06 PM

Both stocks seem to have a large range but they pay a nice dividend in addition. May need to pickup some on the next pullback.

OldFartCruiser October 13th, 2012 12:00 AM

Did the same as Dave, bought 100 shares in 2008 @ $8 and received $1150 in OBC for past & upcoming cruises. Still have the shares valued today @ $2956, was over $5000 late last year.

Waited for Carnival price to collapse in 2008, but did not get as low as RCL. Only buy if the price crashes again. Most cruiselines offer advance cruise certificates for $100pp, which is about as good as shareholders credit. The advance certificates are deposits for your next cruise and includes an OBC similar to the shareholders OBC. The 2 types of credit are not combinable. So at todayís cost for 100 shares at ~$3000 is not worth buying if only for the OBC.

From Paulís post for Carnival, it appears RCL has less of a hassle. I recently emailed RCL w/attachment of the page from my latest brokers statement showing the shares. 3 days later received email confirming my credit. I never had to reconfirm owning the shares. The RCL OBC can be used for gratuities and have been used for money bought at the cashierís cage in the casino. I do take a copy of the confirmation w/me, but never had to show it.

O F C'er

zdgp October 13th, 2012 09:24 AM

A few cruises ago we had 100 shares of CCL and exercised our OBC benefit. We also had OBC due to early booking, and another reason that I canít remember now. However, I do remember that the stockholder OBC was offset against the other OBCís, and vanished.

valtime October 13th, 2012 10:01 AM

We too have Carnival stock. It can be applied to anything once you are onboard. It is your "money" now and can be spent any way you wish.

Dave Beers October 13th, 2012 02:05 PM

I just got my response from RCI and they declined my request because of the balcony discount I get as a C&A member. Apparently for me, the only use the RCL shareholder benefit will have anymore is if I am in a standard cabin that I didn't book onboard (those have an OBC perk). Well...with a couple of exceptions I don't cruise in standard cabins.

I may well sell my RCL when it gets up in the 40s like it was a year or so back.

OldFartCruiser October 13th, 2012 11:27 PM

Quote:

Originally Posted by Dave Beers (Post 1450649)
I just got my response from RCI and they declined my request because of the balcony discount I get as a C&A member. Apparently for me, the only use the RCL shareholder benefit will have anymore is if I am in a standard cabin that I didn't book onboard (those have an OBC perk). Well...with a couple of exceptions I don't cruise in standard cabins.

I may well sell my RCL when it gets up in the 40s like it was a year or so back.

Dave,
I receive a lot of my shareholder OBC from Celebrity & Azamara as well as RCI. The other lines don't have a credit similar to the RCI C&A early booking credit. also, if the shareholders credit is higher than the C&A credit you would get the difference.

But it is hard to argue about selling if it hits >40. Your profit can go a long way against OBCs.

O F c'er

Dave Beers October 14th, 2012 11:24 AM

I think RCL got up to 47 at one point. My broker was surprised I didn't pull the trigger and sell. Yes indeed, that would have been a $40 per share profit for me before capital gains taxes. Why didn't I sell???? :cry:

Sistersolo October 14th, 2012 08:47 PM

I've gotten my stockholder credit on every HAL and Princess cruise I've taken since buying it, and although I haven't kept track I'm pretty sure that by now it about totals what I originally paid for the stock. And on the occasions when I've also gotten OBC for booking while on a previous cruise, or from a travel agent, there's never been any offset.


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