It is showing that you have future OBC for when you book your next cruise, and it depends on the length of the cruise as to how much you'll get. the expiration date really doesn't mean a whole lot as they was going to try to make a lot of changes by making it so you couldn't have it along with SH OBC, they also changed it from refundable to non refundable. But the main thing is in the circle savings to show you will get at least that amount on each future cruise you take until they decide to take it away from us.