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Princess Credit Card Enhancements

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We also got ours. I may be reading it wrong, but it looks like what you are talking about and what the changes are if you apply it to your credit card balance and not a Princess cruise.

 

Has anyone called Barclay?

 

We received ours this afternoon and am very confused so I called Barclays. To make it short after the round about, the agent told me that there are others that are confused and they will send a simpler explanation by mail or email.

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We received ours this afternoon and am very confused so I called Barclays. To make it short after the round about, the agent told me that there are others that are confused and they will send a simpler explanation by mail or email.

 

They better hurry up. I'm sure people are already shopping around for better deals.....like this one.

Of course you can't get the cash back in the form of on board credit but who really cares...it's cash.

Unless I'm reading their terms wrong it appears to be better than the Princess CC.

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I agree the brochure is very confusing but I am sure that the points do NOT expire. The business about 180 days is to get the double redemption value -- for that you need a Princess purchase within the last 180 days; if you have that, you can pair your point redemption to that purchase and get 2% rather than 1% for your points. I was planning to redeem 5,000 points for a $50 OBC on my upcoming Princess cruise. Now I will wait until final payment, put the entire cruise cost on the Princess credit card, and then use the points earned against that cruise charge. If the timing works out, I should be able to do this before paying for the cruise charge. Since I'll get 2x points for making the charge, and collect them as 2% statement credit -- I will get a 4% discount on the cruise. I still say this is a good deal.

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So I have 38,000 points on my Princess credit card. I cruised with Princess on the Grand in late August 2016. I charged $6,000 to the credit card for the cruise.

 

Do I redeem 3,000 points to get the 2x statement credit which will pay for the cruise?

 

Or do I redeem 6,000 points?

 

Or is it something else?

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I agree the brochure is very confusing but I am sure that the points do NOT expire. The business about 180 days is to get the double redemption value -- for that you need a Princess purchase within the last 180 days; if you have that, you can pair your point redemption to that purchase and get 2% rather than 1% for your points. I was planning to redeem 5,000 points for a $50 OBC on my upcoming Princess cruise. Now I will wait until final payment, put the entire cruise cost on the Princess credit card, and then use the points earned against that cruise charge. If the timing works out, I should be able to do this before paying for the cruise charge. Since I'll get 2x points for making the charge, and collect them as 2% statement credit -- I will get a 4% discount on the cruise. I still say this is a good deal.

 

 

So host, why can't other country's citizens avail themselves of these benefits, by being able to acquire a Princess Visa card?

 

 

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So host, why can't other country's citizens avail themselves of these benefits, by being able to acquire a Princess Visa card?

 

I don't even know why you can't avail yourselves of US-based cruise specials – and you think I run the banking industry??? Seriously, I do know that the banking industry is regulated very tightly at the country level. [Let's not get into a political discussion about whether it is regulated tightly enough...] So it's no surprise that credit card offers are country-specific.

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So I have 38,000 points on my Princess credit card. I cruised with Princess on the Grand in late August 2016. I charged $6,000 to the credit card for the cruise. Do I redeem 3,000 points to get the 2x statement credit which will pay for the cruise? Or do I redeem 6,000 points? Or is it something else?

 

OK, with the disclaimer that I may be totally off base here, my understanding of how this will work is the following: You charged $6,000 for a Princess cruise, which gets you 2x points or 12,000. At the normal 1% redemption rate that would give you a $120 statement credit. But since you had a Princess purchase in the last 180 days for more than $4,000 you can get a 2% redemption rate -- therefore your 12,000 points can be redeemed for $240. You spent $6,000; you get $240 back -- that's 4%.

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OK, with the disclaimer that I may be totally off base here, my understanding of how this will work is the following: You charged $6,000 for a Princess cruise, which gets you 2x points or 12,000. At the normal 1% redemption rate that would give you a $120 statement credit. But since you had a Princess purchase in the last 180 days for more than $4,000 you can get a 2% redemption rate -- therefore your 12,000 points can be redeemed for $240. You spent $6,000; you get $240 back -- that's 4%.

 

I hope you're right.

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We just received our updated Reward Rules in today's mail. They are written in a very complicated manner (and DH and I have Finance backgrounds) and we've just spent an hour trying to figure it all out. Most confusing is that Points are discussed but the enclosed table only shows Dollars. I'm still confused about that.

 

My interpretation of these changes are that they are very bad. First, Princess purchases used to always bring 2 points per dollar, plus a bonus over 40000 points. No longer. No. You still earn 2 points per dollar on Princess purchases. You also can now earn 2 points per dollar for purchases on all other CCL Corp cruise lines.

 

Now the 2 points per dollar requires at least $4001 in purchases in the prior 180 days. $4000 or less in purchases offer 1.5 points or less. A minimum of 5000 points is required to redeem the minimum $50 reward (this is the part that confuses us...points vs. dollars). This is only if you are redeeming points as a payment towards appropriate charges to the credit card.

 

The changes having a negative impact:

- the 180 day look back for purchases. Redeem within 180 days or lose the points. Don't have 5000 points to redeem? Lose the points. No. You do not lose the points. They just cannot be used to apply to a past charge on the credit card that is older than 180 days. They can still be used for redemption for future Princess cruises such as OBC, Spa treatment, etc. or for appropriate charges within the last 180 days when you do choose to redeem once you have 5000 points.

- the $50 redemption increment. While the new terms specifically state that 5000 points bring a $50 reward (which, again, we can't reconcile to what is stated in the table in the document), if one has 7850 points, one can only redeem 5000 of them. Then, either use the card to get the points up to 5000 again within 180 days, or lose them altogether.

 

We had 18750 points yet to redeem. We just today redeemed 10000 of them for $100, under the existing terms. Before 11/1, we will purchase another $1300 from Princess (either FCCs or onboard spending) and immediately redeem another 10000 points. Since we use the card only for Princess purchases, it may not make sense for us to use it at all in the future. That's too bad, as we used to get $500-$1000 back every year on our Princess purchases. And you still can. All this confusing stuff is if you are applying points to appropriate purchases made in the preceding 180 days.

 

If anyone else has a different interpretation of the confusing new terms, please discuss it here. I want to believe it's not as bad as it seems, but I remain unconvinced that any credit card company really does want to make its terms more advantageous for its customers.

 

ETA: Also, the 2x points are only on Princess purchases. Points can be redeemed for any CCL brand cruise...but only at 1%. We get at least that much on our other credit cards. You will earn 2% in points when you use the card to make purchases on other CCL Corp brands. However if you redeem the points for a puchase made in the preceding 180 days, you can only get more than 1% if it was for a Princess brand purchase.

 

See above in red.

 

To summarize:

 

o You still will earn 2% in points for Princess purchases.

 

o You will now be able to earn 2% in points for other CCL Corp purchases.

 

o You can still redeem points for Princess cruise items (such as OBC) just as in the past.

 

o If you redeem points to apply to Princess Purchases that were made in the 180 days prior to redemption, you can get a bonus so that the amount applied will be greater than 100 points/dollar. How much greater depends on the amount of the Princess purchases.

Edited by caribill

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So I have 38,000 points on my Princess credit card. I cruised with Princess on the Grand in late August 2016. I charged $6,000 to the credit card for the cruise.

 

Do I redeem 3,000 points to get the 2x statement credit which will pay for the cruise?

 

Or do I redeem 6,000 points?

 

Or is it something else?

 

To get more than 1% when applying points to a Princess purchase within the previous 180 days, you need to have had Princess purchases $500 or greater and the $6000 cruise charge qualifies.

 

To fully pay for a $6000 cruise, you would need to redeem 300,000 points.

Edited by caribill

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After all that, my head is also swimming! And I, as a 'mere' Ozzie, can't even get a Princess Visa card! Discrimination by Princess....NAH!

 

 

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If I have the new system figured out correctly, statement chargecard credits are available in increments of $50 and:

 

10,000 points were previously $100 (1%) for a chargecard statement credit against my balance.

 

Now when making a Princess purchase such as $3,000 within 180 days of redemption the amount would then be a $150 (1.50% by being between $2,001-$4,000.99) chargecard statement credit against my balance.

Edited by Astro Flyer

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My understanding of this is becoming somewhat clearer as people post and from what I now understand is that things have only changed (as far as doubling the Princess charges) is that if I wait more than 180 days trying to build up points, my older points my older points can only be redeemed at 1% -not 2 % even though they were obtained by a charge of my cruise to Princess.

 

If I redeem my points before the 6 month period basically nothing has changed but if I wait longer (which I recently started to do) the Princess card offers no advantage over some other banks credit cards which give 2 % with no string attached.

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Caribill, thanks for your explanation. I appreciate this dialogue in the absence of clairification from Barclay. We are leaving soon and I am debating whether or not to change our on board spending card to something other than the Princess Visa.

 

Re-reading the Princess Reward Rules brochure with fresh eyes and brain this morning I think I do understand the points vs. Princess spending difference. But, as FloridaLover says, if the points are not used within 180 days, they actually have less value than other 'cash back' credit cards where points roll forward in perpetuity until they build to a redemptive level.

 

So I still maintain these changes are not an improvement...overall.

 

First, I read that 2 points per dollar spent are only for Princess Cruise Lines purchases, not other CCL purchases.

 

Second, by limiting redemptions to 180 days for Princess purchases, and to $50 increments, points earned by Princess Cruise Lines purchases over and above what can be redeemed basically become less valuable, as they are only good toward gift cards and merchandise, neither of which is a good as plain old 1% back cash cards. I don't even see OBC as an option any longer.

 

I think that, carefully used, in limited circumstances, the new terms could yield a greater payback. But much is lost in return, and am not sure I want the burden of making sure that we maximize the payback while at the same time not losing the cash value of points earned.

 

And what is an 'appropriate purchase'? I'm still scratching my head over that term.

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Yikes:eek: I'm super confused. We have used the card since it came out...use it for everything and have cashed in thousands of points. Used to always get OBC....but figured out I would rather have $$ off my bill which helps pay for cruise, air, etc. plus when you spend $$ on the ship, you get more double points again....so that is still my plan.

 

I have not received a mailing or email...but CC is usually the best resource for updates anyway..thanks:p

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I received the mailing but hadn't opened it until I read this thread. It is in a plain white envelope. Almost threw it out! Reading the posts here has been very helpful. I am wondering it is still possible to save points to use for OBC which are good for 5 years as it states currently. i understand the redemption value towards a past princess purchase is greater.

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I am wondering it is still possible to save points to use for OBC which are good for 5 years as it states currently.

In the new Princess Reward Rules (effective on 11/9/16) under "Important information about points" it states "As long as your Account remains open, active, and in good standing, your Points will not expire".

 

Under "Program administration" an account is not "in good standing" when there's "no balance, no payments, and no transactions" during a 7 billing cycles period of time.

 

I recall the current 5 year time limit to use points however unless I missed it somewhere else, under the new rules as long as we have some activity within 7 billing cycles then "your Points will not expire". It also appears that without any activity during 7 billing cycles that points will expire which is worse than currently where we have 5 years after earning points to redeem them.

 

I think this big change should be clearly stated in their letter and/or their pamphlet they sent without having to scrutinize all of the details in the terms & conditions fine print.

Edited by Astro Flyer

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So I still maintain these changes are not an improvement...overall.

 

 

This has become much to complicated for my simple lifestyle.

They also have the nerve to imply that these changes make it even more rewarding to have their credit card.

Talk about spin !:rolleyes:

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This has become much to complicated for my simple lifestyle.

They also have the nerve to imply that these changes make it even more rewarding to have their credit card.

Talk about spin !:rolleyes:

I agree that they've made their procedures more complicated & they didn't do a good job explaining their new procedure. I only redeem points for chargecard credits so haven't explored if the other redemption options have changed.

 

It appears that for anyone who has made over $500 in Princess purchases within 180 days before redemption the credit rate is improved from 1% to as much as 2%. They've also added a 5,000 points chargecard credit which previously began at 10,000 points. They've also extended the chargecard credit redemption option to purchases made on other CCL companies & airline purchases at a 1% rate which is also a new benefit.

 

As I recall previously to get a chargecard credit we needed to have made a recent Princess purchase which is now defined as being made within 180 days.

 

They tout those changes but not what appears to be a negative change for people like me who no longer use it for all of my purchases...apparently losing points if there's no activity during 7 billing cycles. We now use an airline chargecard which works better for us & will have to use the Princess Visa at least every 7 billing cycles so those points don't expire.

 

We're all attempting to figure out the changes which could be either good or bad for each of us.

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So I have 65,000 points sitting on my card currently. My most recent Princess transaction was paying off my November cruise last month. It was like $2900.

 

So, am I to understand that once the changes take place, I could redeem points at 2% as a statement credit since the charge I placed on the card for the final payment is less than 180 days ago?

 

Thank you so much for any help or insight on this. I have been saving the points but now I guess I should use them.

 

 

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My read is not that a given Princess purchase size or cumulative spend in the previous 180 days does anything with redemption rate, but rather that when you apply points to that particular transaction of that amount or more, each point erases more of that particular purchase.

 

I've always had to redeem for statement credit by calling - I've never seen a self-service option.

 

The inactivity piece is definitely new and buried in the T&Cs.

 

I'm still a bit confused about redemptions for the full amount of a charge - to me, my read is that any Princess charge can be either erased in full, or in $50 increments - so one for $499 would take 49,900 points out, but a charge of 501, if you only had 50050 points, would erase 500, and leave you with 50 points.

 

It's very poorly described and disclosed - I am shocked Barclaycard would put out such a bad communication.

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They tout those changes but not what appears to be a negative change for people like me who no longer use it for all of my purchases...apparently losing points if there's no activity during 7 billing cycles. We now use an airline chargecard which works better for us & will have to use the Princess Visa at least every 7 billing cycles so those points don't expire.

 

We're all attempting to figure out the changes which could be either good or bad for each of us.

 

You are right on that point. You must use the card at least once every 7 months to keep your card "active." The Princess Reward Rules insert in the mailing contains this clear statement:

"As long as your account remains open, active, and in good standing, your Points will not expire." Any purchase (even a cup of coffee) or interest payment will suffice for this purpose.

BUT what happens if your account becomes inactive? Under the heading "Points Forfeiture" it does NOT include the account becoming inactive as a reason to lose your points. So I suspect that you would just need to call customer service to get the account returned to active status.

 

As to the requirement of a Princess purchase within 180 days -- failing to do this WILL NOT lead to points expirations. The 180-day statement only applies to the ability to link a point redemption to a Princess purchase to get the bonus multiplier statement credit. Note: I have a Barclay Arrival+ card, so I have experience with how their statement credit procedure works. The points never expire, the 180 days only refers to the Princess charge toward which you want to link the point redemption. If you have a Princess charge within 180 days, you can link points in 50 point increments for credit with the multiplier depending on how big your Princess purchase was. The minimum is 1% and the maximum is 2% -- this is the same as it was under the old system. If you don't have a 180-day Princess purchase, you won't be able to redeem points using this method. But there are other ways to redeem your points and that doesn't change (but you only get 1%). The ONLY thing that is changing is that the thresholds have been lowered, so it is easier to get to 2%. So there is NO downside to these changes, but for folks who charge their Princess cruises on their Princess Visa card there is a nice upside.

Edited by Host Jazzbeau

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People keep saying this, but I have gone back and reread the flyer for the third time and that's NOT how I read it. Nowhere does it say that your points EVER expire. Note: I have a Barclay Arrival+ card, so I have experience with how their statement credit works. The points never expire, the 180 days only refers to the Princess charge toward which you want to link the point redemption. If you have a Princess charge within 180 days, you can link points in 50 points increments for credit with the multiplier depending on how big your Princess purchase was. The minimum is 1% and the maximum is 2% -- this is the same as it was under the old system. The ONLY thing that is changing is that the thresholds have been lowered, so it is easier to get to 2%. There are also other ways to redeem your points and that doesn't change, but you only get 1%. So there is NO downside to these changes, but for folks who charge their Princess cruises on their Princess Visa card there is a nice upside.

 

And I am still confused...

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They tout those changes but not what appears to be a negative change for people like me who no longer use it for all of my purchases...apparently losing points if there's no activity during 7 billing cycles. We now use an airline chargecard which works better for us & will have to use the Princess Visa at least every 7 billing cycles so those points don't expire.

 

We're all attempting to figure out the changes which could be either good or bad for each of us.

 

You are right on that point. You must use the card at least once every 7 months to keep your card "active." The Princess Reward Rules insert in the mailing contains this clear statement:

"As long as your account remains open, active, and in good standing, your Points will not expire." Any purchase (even a cup of coffee) or interest payment will suffice for this purpose.

BUT what happens if your account becomes inactive? Under the heading "Points Forfeiture" it does NOT include the account becoming inactive as a reason to lose your points. So I suspect that you would just need to call customer service to get the account returned to active status.

 

As to the requirement of a Princess purchase within 180 days -- failing to do this WILL NOT lead to points expirations. The 180-day statement only applies to the ability to link a point redemption to a Princess purchase to get the bonus multiplier statement credit. Note: I have a Barclay Arrival+ card, so I have experience with how their statement credit procedure works. The points never expire, the 180 days only refers to the Princess charge toward which you want to link the point redemption. If you have a Princess charge within 180 days, you can link points in 50 point increments for credit with the multiplier depending on how big your Princess purchase was. The minimum is 1% and the maximum is 2% -- this is the same as it was under the old system. If you don't have a 180-day Princess purchase, you won't be able to redeem points using this method. But there are other ways to redeem your points and that doesn't change (but you only get 1%). The ONLY thing that is changing is that the thresholds have been lowered, so it is easier to get to 2%. So there is NO downside to these changes, but for folks who charge their Princess cruises on their Princess Visa card there is a nice upside.

 

UPDATE: I checked the current Terms and Conditions on the Barclay website:

"To participate in the rewards program, your Account must remain open and in good standing, you must maintain your creditworthiness and you must use your card for at least one (1) purchase transaction every six (6) months (or have some type of Account balance every six months)." So even here the changes are an improvement -- extending the time period to 7 billing cycles.

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I agree that the points do not expire after 180 days, but my understanding is if the points were earned by making Princess purchases, the ability to redeem them to get a credit applied to the account expires after 180 days. And after that ability expires, or if there is any quantity too small to redeem, they can only be used for other travel or gift cards at a 1% redemption rate. A $100 gift card for Eddie Bauer is not as valuable to me as a $100 credit against my Princess Visa balance used to be.

 

But the fact that we have not collectively reached a consensus on these points is proof positive of the ambiguity and confusion in the mailing.

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UPDATE: I checked the current Terms and Conditions on the Barclay website:

"To participate in the rewards program, your Account must remain open and in good standing, you must maintain your creditworthiness and you must use your card for at least one (1) purchase transaction every six (6) months (or have some type of Account balance every six months)." So even here the changes are an improvement -- extending the time period to 7 billing cycles.

Thanks...I was unaware of the current 6 month condition which apparently I've met because I have not lost any points.

 

And I agree that nowhere does it say points will expire after 180 days & instead that's the look back period of time to be able to use a chargecard credit, correct?

 

But as Pescado & others of us have posted it shouldn't be open to so much interpretation of the new policy. :eek:

Edited by Astro Flyer

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So I have 65,000 points sitting on my card currently. My most recent Princess transaction was paying off my November cruise last month. It was like $2900.

 

So, am I to understand that once the changes take place, I could redeem points at 2% as a statement credit since the charge I placed on the card for the final payment is less than 180 days ago?

 

Thank you so much for any help or insight on this. I have been saving the points but now I guess I should use them.

Based on the chart they mailed, you'd be in the 1.50% category which is for Princess purchases between $2,001 & $4,000.99. For a 2% redemption points value you'd need to have spent $4,001+.

 

Since there are only the current redemption levels on their website it's all speculation because of their poorly written new policy. Here's my guess for redeeming your 65,000 points after the new policy is implemented on 11/9/16.

 

Multiply your points by 1.50% which is $975 but since the credit is only in $50 increments not all of your points could be redeemed resulting in a $950 chargecard credit.

 

The current redemption chart shows a $750 chargecard credit when redeeming 60,000 points so your reward may be $200 more. :confused:

 

I'm skeptical that a call to Barclay would provide an accurate answer because their agents are also probably trying to interpret the new policy & like us are guessing about what it means.

Edited by Astro Flyer

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So I have 65,000 points sitting on my card currently. My most recent Princess transaction was paying off my November cruise last month. It was like $2900.

 

So, am I to understand that once the changes take place, I could redeem points at 2% as a statement credit since the charge I placed on the card for the final payment is less than 180 days ago?

 

Thank you so much for any help or insight on this. I have been saving the points but now I guess I should use them.

 

Under the old rules [through Nov. 8], $2,900 is in the 1.25% bracket; under the new rules it moves up to the 1.5% bracket. If you redeem 65,000 points against that charge today, you would get a statement credit of $812.50; if you wait until Nov. 9, you will get a statement credit of $975. [To get 2%, your Princess charge will have to be over $4,000; but as of today it would have to be over $7,500]

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Based on the chart they mailed, you'd be in the 1.50% category which is for Princess purchases between $2,001 & $4,000.99. For a 2% redemption points value you'd need to have spent $4,001+.

 

Since there are only the current redemption levels on their website it's all speculation because of their poorly written new policy. Here's my guess for redeeming your 65,000 points after the new policy is implemented on 11/9/16.

 

Multiply your points by 1.50% which is $975 but since the credit is only in $50 increments not all of your points could be redeemed resulting in a $950 chargecard credit.

 

The current redemption chart shows a $750 chargecard credit when redeeming 60,000 points so your reward may be $200 more. :confused:

 

I'm skeptical that a call to Barclay would provide an accurate answer because their agents are also probably trying to interpret the new policy & like us are guessing about what it means.

 

 

Thank you for taking the time to reply!! I appreciate the info...so looks like I will wait until the change happens to redeem.

 

 

 

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Under the old rules [through Nov. 8], $2,900 is in the 1.25% bracket; under the new rules it moves up to the 1.5% bracket. If you redeem 65,000 points against that charge today, you would get a statement credit of $812.50; if you wait until Nov. 9, you will get a statement credit of $975. [To get 2%, your Princess charge will have to be over $4,000; but as of today it would have to be over $7,500]

 

 

 

Thank you, that makes sense... So looks like I will wait. [emoji4]

 

 

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Caribill, thanks for your explanation. I appreciate this dialogue in the absence of clairification from Barclay. We are leaving soon and I am debating whether or not to change our on board spending card to something other than the Princess Visa.

 

Re-reading the Princess Reward Rules brochure with fresh eyes and brain this morning I think I do understand the points vs. Princess spending difference. But, as FloridaLover says, if the points are not used within 180 days, they actually have less value than other 'cash back' credit cards where points roll forward in perpetuity until they build to a redemptive level.

 

So I still maintain these changes are not an improvement...overall.

 

First, I read that 2 points per dollar spent are only for Princess Cruise Lines purchases, not other CCL purchases.

 

 

For earning points the notice says: "Earn 2x points for every $1 spent on Princess Cruises and other World's Leading Cruise Lines purchases - including cruise bookings, onboard amenities and more." So this applies to all CCL owned cruise companies.

 

For redeeming points for more than 1% value, this only applies to Princess charges.

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So I have 65,000 points sitting on my card currently. My most recent Princess transaction was paying off my November cruise last month. It was like $2900.

 

So, am I to understand that once the changes take place, I could redeem points at 2% as a statement credit since the charge I placed on the card for the final payment is less than 180 days ago?

 

Thank you so much for any help or insight on this. I have been saving the points but now I guess I should use them.

 

 

Sent from my iPad using Tapatalk

 

Under the old rules [through Nov. 8], $2,900 is in the 1.25% bracket; under the new rules it moves up to the 1.5% bracket. If you redeem 65,000 points against that charge today, you would get a statement credit of $812.50; if you wait until Nov. 9, you will get a statement credit of $975. [To get 2%, your Princess charge will have to be over $4,000; but as of today it would have to be over $7,500]

 

Thanks, it's beginning to make more sense but as I now see it accumulating Princess points from past cruises more than 180 day prior will be only remediable at the lower rate ? The only way I can get the higher bonus rate is to redeem my points within the 180 look-back period?

 

This sort or defeats my accumulating points from last years Princess cruises in order to get a better rate. I'm I correct?

If so it's going to be difficult to determine whether to cash in within the 180 period or hold off to get to a higher level.

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For earning points the notice says: "Earn 2x points for every $1 spent on Princess Cruises and other World's Leading Cruise Lines purchases - including cruise bookings, onboard amenities and more." So this applies to all CCL owned cruise companies.

 

For redeeming points for more than 1% value, this only applies to Princess charges.

We received three separate pieces of paper in an envelope from Barclay Thursday afternoon. Each of them states that we earn "Two points for every one US dollar of Net Purchases from Princess Cruise Lines" and "One point per net dollar spent on all other Net Purchases". Given how this has been rolled out, I guess I wouldn't be surprised to see that you received something different than we did.

 

This new program may have some value when paying final payments for several B2B cruises, but I am not certain it is worth the headache of maximizing the points redemption value while ensuring no points exist beyond that which would not be redeemable for a statement credit. We'd really rather have a statement credit in lieu of using Loyalty Edge on BarclayCardUS.com for our travel arrangements or getting a gift card or merchandise.

 

I'm sure this will all be made clear in the near future; unfortunately, it won't be near enough for our personal purposes. I know that the on board spending for our upcoming cruises will not total $2500, or 5000 points, which is the minimum level that can be redeemed. This means that any points we would earn would eventually fall into the "Travel Redemptions' or "Gift Cards/Certificates and Merchandise Redemptions", and, again, those hold little interest. I have to make a decision today and have decided to maximize our credit with the current system for the first of our B2B cruises, and change to a different credit card for subsequent cruises.

 

For us, the timing of this rollout was not the best. C'est la vie.

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Thanks, it's beginning to make more sense but as I now see it accumulating Princess points from past cruises more than 180 day prior will be only remediable at the lower rate ? The only way I can get the higher bonus rate is to redeem my points within the 180 look-back period?

 

This sort or defeats my accumulating points from last years Princess cruises in order to get a better rate. I'm I correct?

If so it's going to be difficult to determine whether to cash in within the 180 period or hold off to get to a higher level.

After spending 45 minutes yesterday on the phone with Barclay, they couldn't provide anything about the new procedures.

 

They didn't even have a copy of the letter (nor the policy or pamphlet we received with the letter) & while I was mostly on hold they attempted to locate information which they couldn't find. They even contacted Princess to check if they sent us the new policy which they had not sent it. The letter uses a Barclay's VP name so it appears to be from Barclay who has not even shared the information with their representatives.

 

The end result is they're attempting to find the information mailed to us & will contact me within a couple of days. If all they have is the same information without further defining the changes, I'm not expecting much helpful information. Until the changes are implemented on 11/9/16 we might not know exactly how the new policy will affect us.

 

Here's my guess for my situation: I currently have nearly 7,000 points & a $3,000 final payment due before the new policy is implemented. I'll receive 6,000 new points and have a Princess purchase within 180 days. After the policy changes, I'll redeem 10,000 points and expect to have a redemption rate of 1.5% because of my $3,000 Princess purchase. That would give me a $150 (meets the $50 increments policy) chargecard credit instead of the current $100 (1%) chargecard credit.

 

I'm guessing that existing points will be redeemable at the new higher rates but won't know for sure until after the policy changes take affect on 11/9/16.

Edited by Astro Flyer

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After spending 45 minutes yesterday on the phone with Barclay, they couldn't provide anything about the new procedures.

 

They didn't even have a copy of the letter (nor the policy or pamphlet we received with the letter) & while I was mostly on hold they attempted to locate information which they couldn't find. They even contacted Princess to check if they sent us the new policy which they had not sent it. The letter uses a Barclay's VP name so it appears to be from Barclay who has not even shared the information with their representatives.

 

The end result is they're attempting to find the information mailed to us & will contact me within a couple of days. If all they have is the same information without further defining the changes, I'm not expecting much helpful information. Until the changes are implemented on 11/9/16 we might not know exactly how the new policy will affect us.

 

Here's my guess for my situation: I currently have nearly 7,000 points & a $3,000 final payment due before the new policy is implemented. I'll receive 6,000 new points and have a Princess purchase within 180 days. After the policy changes, I'll redeem 10,000 points and expect to have a redemption rate of 1.5% because of my $3,000 Princess purchase. That would give me a $150 (meets the $50 increments policy) chargecard credit instead of the current $100 (1%) chargecard credit.

 

I'm guessing that existing points will be redeemable at the new higher rates but won't know for sure until after the policy changes take affect on 11/9/16.

 

Clear as mud.

Either way I'll have to hold off cashing my points in till next cruise since we leave on 10/27 and it's to close to the cutoff point where I can still order cabin credit.

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For earning points the notice says: "Earn 2x points for every $1 spent on Princess Cruises and other World's Leading Cruise Lines purchases - including cruise bookings, onboard amenities and more." So this applies to all CCL owned cruise companies.

 

 

We received three separate pieces of paper in an envelope from Barclay Thursday afternoon. Each of them states that we earn "Two points for every one US dollar of Net Purchases from Princess Cruise Lines" and "One point per net dollar spent on all other Net Purchases". Given how this has been rolled out, I guess I wouldn't be surprised to see that you received something different than we did.

 

 

We also received three separate pieces of paper in the envelope.

 

My quote above came from the letter dated September 26, 1016 with the heading "Coming Soon." The quote came from a paragraph on the right side half-way down the page under the color picture of a Princess ship.

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For earning points the notice says: "Earn 2x points for every $1 spent on Princess Cruises and other World's Leading Cruise Lines purchases - including cruise bookings, onboard amenities and more." So this applies to all CCL owned cruise companies.

 

For redeeming points for more than 1% value, this only applies to Princess charges.

 

I recently had an issue on our Diamond Princess Japan cruise where I received only 1 point for shore excursions because they were charged by "Carnival Japan, Inc" instead of "Princess Cruises" even though I was on a Princess ship. A simple phone call to Barclay didn't do it, they insisted that Carnival Japan was not Princess, so I had to fax my stateroom account statement from the ship to Barclay showing Princess cruises at the top to get it straightened out. This new rule would have avoided all that since 2x points will be earned on all CCL brands.

 

I do have a question though...maybe this is an obvious answer, but does the $4000 have to be spent in one transaction? Or just $4000 Princess charges cumulative over the last 180 days?

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