I called again today and got the points on the remainder of our Princess Visa spending for our upcoming Princess cruises doubled. That was all well and good. The surprise came when I learned that, despite having over $20000 in spending on Princess cruises alone in the past few months, the largest single charge was "only" $3900. This means that we are getting a statement credit for just 1.5% (I think) of the points instead of 2% (which we would have received on all the points if just one single charge was at least $4000).
The reward is only very slightly larger than we would have received in the 'good old days' before this wonderful new system. And I didn't have to spend an hour on the phone to make it happen then either.
I have a feeling change is coming our way.
Your percentage should be based off your spend in the last 120 days.Each redeemtion for a statement credit is redeemed against a single travel purchase within the previous 180 days, and the percentage provided depends on the amount of that single travel purchase. Also, I belive you can only make a single redemption against each travel purchase.
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To get the maximum benefit (2% redemption), you have to have a single Princess purchase of $4,001 or more within the previous 180 days. Also, if you don't have multiple Princess purchases of this amount, you may want to wait until the 180 days are almost expired to redeem as many points as possible at one time.
Since nearly all of my cruise final payments are $4,001 or more, I don't have a problem finding a Princess purchase to redeem for the 2% statement credit. I don't redeem against FCD purchases, Princess Vacation Protection pre-purchases, shore excursion pre-purchases, or cruise on-board folio payments, since they are usually less than $4,001.