Carnival stock and onboard credit! :(

[Illbcruzn4life]

11 minutes ago, firefly333 said:

You keep stating rcl is the stingiest of all. I had no problem combining my wow booking obc with stockholders on rcl, and no supplement solo pricing but yet I see people here who were denied. When is the last time you applied for rcl obc from stock?

Probably never since RCI is not part if the CCL Corp. It would be blasphemy if they stepped foot on an RCI ship.

[ontheweb]

3 hours ago, BlerkOne said:

If you understand, why are you pestering me?

You see it as pestering; I see it as correcting the misinformation you have posted about what is taxable.

[ontheweb]

2 hours ago, rj59 said:

I had two Jan. 2022 cruises denied, even though I got it on cheaper VIFP cruises this month. It makes me want to cancel the cruises and sell my shares, since they took away a reward and aren’t rewarding me for buying their mediocre stock with no dividends. If I go on the cruises, I’ll simply recoup the lost benefit by avoiding any onboard spending and support the Mexican economy instead. The benefit on Carnival brands helped me choose them, but now I’m more likely to choose RC and NCL, and maybe Princess sometimes, since they give military OBC. So in my case, their penny pinching will cost them much more. In retrospect, owning a total stock market fund would have earned more in growth and some dividends. 

And how many will do this and cost Carnival much more than what they save by not giving the small amount of stockholder OBC?

[danda0624]

On 11/13/2021 at 1:57 PM, BlerkOne said:

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. This benefit is not transferable, cannot be exchanged for cash and, cannot be used for casino credits/charges and gratuities charged to your onboard account. Only one onboard credit per shareholder-occupied stateroom.

 

I have read a number of times on CC how some people try (and often succeed) in skirting the rules. Carnival is really overdue in cracking down - especially when they took on billions in debt.

It seems like to me that Carnival could effectively NEVER give the OBC for shareolders since the cruises are always 'on sale.'

[BlerkOne]

1 hour ago, ontheweb said:

You see it as pestering; I see it as correcting the misinformation you have posted about what is taxable.

I guess I'll have to correct your misinformation - I posted no misinformation.

[BlerkOne]

1 hour ago, danda0624 said:

It seems like to me that Carnival could effectively NEVER give the OBC for shareolders since the cruises are always 'on sale.'

I have received 3 times this year and just applied for a fourth time.

[BlerkOne]

1 hour ago, Illbcruzn4life said:

Probably never since RCI is not part if the CCL Corp. It would be blasphemy if they stepped foot on an RCI ship.

Wrong again. I sometimes cruise Royal - I usually choose NOT to. The value isn't there.

 

8. Are there any restrictions?

Show Less

Shareholder benefit offer applies to bookings made on or after June 1, 2019. Onboard credit is applied on a per stateroom basis; double occupancy, one shareholder credit per stateroom, and one credit per shareholder per sailing. If you are requesting shareholder onboard credit for two or more separate staterooms and shares are held jointly, a minimum of 100 shares per stateroom booked must be held. Single guests paying 200% of applicable fare receive full onboard credit value. Onboard credit may not be used for onboard service charges or pre-purchased activities. Any unused credit after the final night of the sailing shall be forfeited and is not redeemable for cash. Benefit is non-transferable and not available to employees, agents of Royal Caribbean Group or its subsidiaries and affiliates, travel agents and tour operators. Benefit is not combinable with interline rates, travel agent rates, and employee friends and family rates. Benefit cannot be redeemed for chartered sailings or complimentary sailings. Taxes, fees and port expenses are additional and apply to all guests. The shareholder must own the Royal Caribbean Group (NYSE: RCL) stock at time of sailing. Onboard credit is calculated in US dollars except on sailings where the onboard currency used is a foreign currency (in which case the onboard credit will be converted at a currency exchange rate determined by the cruise line). Onboard credit amount is credited to shareholder’s stateroom folio at time of sailing. Other terms and conditions may apply. Prices and offers are subject to availability and change without notice, capacity controlled, and may be withdrawn at any time. Royal Caribbean International and Celebrity Cruises reserve the right to correct any errors, inaccuracies or omissions and to change or update fares, fees and surcharges at any time without prior notice.

Please direct all inquiries to the Shareholder Benefit Team: (954) 628-9325, option #3

 

[heidikay]

On 11/2/2021 at 8:04 PM, pantherpaw said:

I booked under the VIFP bargain basement pricing ($25/person inside) and was approved for shareholder OBC

I don't mind not getting my onboard credit when I got a great rate like this.  But I do get irritated to see I got denied and others are getting it.   

[ontheweb]

2 hours ago, BlerkOne said:

I guess I'll have to correct your misinformation - I posted no misinformation.

You make me laugh.🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

[ontheweb]

2 hours ago, BlerkOne said:

I have received 3 times this year and just applied for a fourth time.

Will you declare the OBC as income on your next tax return??????

[Computer Nerd]

I am on the same cruise as my friend in Dec. Today I got notification that I received my OBC for that cruise. He got notified he was denied for OBC because he is on a promo sale ("free" drink package).

[firefly333]

8 minutes ago, Computer Nerd said:

I am on the same cruise as my friend in Dec. Today I got notification that I received my OBC for that cruise. He got notified he was denied for OBC because he is on a promo sale ("free" drink package).

Wow good to know. I wouldnt take the cheers rate anymore as I hardly drink and it wasnt any cheaper than pre covid rates I've paid for the same time of year. Carnivalmis getting serious.

[BlerkOne]

1 hour ago, ontheweb said:

You make me laugh.🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

I'm here all week.

[BlerkOne]

1 hour ago, ontheweb said:

Will you declare the OBC as income on your next tax return??????

I'm here all week.

[BlerkOne]

On 11/3/2021 at 8:23 PM, vwrestler171 said:

I agree, the rules have been in place for years and people are now complaining because many bought the stock blindly wanting the OBC and now are unable to claim it.

Any stock advisor would tell them "Past performance does not guarantee future results."

[my kids mama]

I am about to apply for one the OBC from one cancelled and rebooked cruise (def not free) and one with a free balcony.  I will be happy to let you all know what the outcome is. 

[vwrestler171]

18 minutes ago, BlerkOne said:

Any stock advisor would tell them "Past performance does not guarantee future results."

Too many people saw the stock at $8-$10/share and jumped.  Now they expect the OBC because it was there in the past.  They didn't read the rules and are now upset.  I had a few people ask how to buy the stock for the OBC.  I got blocked from a group when I told them if they didn't know how to buy stock, they shouldn't be buying stock.

[BlerkOne]

10 minutes ago, vwrestler171 said:

Too many people saw the stock at $8-$10/share and jumped.  Now they expect the OBC because it was there in the past.  They didn't read the rules and are now upset.  I had a few people ask how to buy the stock for the OBC.  I got blocked from a group when I told them if they didn't know how to buy stock, they shouldn't be buying stock.

A lot of people bought at much higher prices.

 

The same could be said of some people who book their own cruises.

[Colorado Beach Bum]

10 minutes ago, vwrestler171 said:

Too many people saw the stock at $8-$10/share and jumped.  Now they expect the OBC because it was there in the past.  They didn't read the rules and are now upset.  I had a few people ask how to buy the stock for the OBC.  I got blocked from a group when I told them if they didn't know how to buy stock, they shouldn't be buying stock.

Agree you shouldn’t buy for OBC especially back when stock was $40, $50 a shar but if you were able to get in at the $8-$10 price it’s actually a pretty good ROI with 1 or 2 cruises a year. I’m sure once income gets back to close to pre-pandemic levels the OBC will be given like in years past.  And if you still have shares your on paper gains will be pretty good. 

[BamaMomRollTide]

16 hours ago, ajm said:

I was just denied.  I booked a cruise the week after Christmas through New Year's.  Technically it was a "deal" for past guests but no more than any of the deals they provided before the pandemic.  It is a holiday cruise and was not at all cheap.  

 

As soon as the stock gets a big higher, I may very well sell and invest elsewhere.  Luckily I bought during the pandemic-induced dip.  Sure, they won't even notice but it gives my petty little mind a little satisfaction.

I don’t know what is now going on.  A few days ago, I was told that I had 600 in OBC from previous canceled cruises from last year and that I wouldn’t get OBC for stock..  At midnight, I did check-in (14 days to sailing), and it says I have 900 OBC.  Now I know that they wouldn’t give me 300 extra OBC for stock, but the increase is odd.  

 

Now I have to think how to spend that much OBC.  Does it all have to be used for this cruise? I 

[my kids mama]

3 minutes ago, BamaMomRollTide said:

I don’t know what is now going on.  A few days ago, I was told that I had 600 in OBC from previous canceled cruises from last year and that I wouldn’t get OBC for stock..  At midnight, I did check-in (14 days to sailing), and it says I have 900 OBC.  Now I know that they wouldn’t give me 300 extra OBC for stock, but the increase is odd.  

 

Now I have to think how to spend that much OBC.  Does it all have to be used for this cruise? I 

Yes, it does.

[ontheweb]

9 hours ago, BlerkOne said:

Any stock advisor would tell them "Past performance does not guarantee future results."

The board of directors passed the same resolution extending the stockholders OBC another year. They made no changes. It is not unreasonable to think it should be applied the same way as in previous years.

 

This is different than just because a stock performed well in previous years, you cannot guarantee the same results in future years.

[BamaMomRollTide]

Ok, now that I surprisingly have $900 in OBC, besides spa treatments and booze pkgs (which we won’t do since hubby doesn’t drink and the 2 bottles of wine we’re bringing will be more than enough for me), what else can I spend $900 on?

We have already prepaid for our reservation at Steak and excursions.

Can I gamble with any of it?  

Can I use it in a shop to buy a pricy purse?  

What else?  

Edited November 16, 2021 by BamaMomRollTide

[ontheweb]

10 hours ago, BlerkOne said:

I'm here all week.

That does not answer the question asked---will you declare your OBC as income on your next tax return? But, I guess you are telling me you have all week to answer.

[ontheweb]

8 minutes ago, BamaMomRollTide said:

Ok, now that I surprisingly have $900 in OBC, besides spa treatments and booze pkgs (which we won’t do since hubby doesn’t drink and the 2 bottles of wine we’re bringing will be more than enough for me), what else can I spend $900 on?

Can I gamble with any of it?  

Can I use it in a shop to buy a pricy purse?  

What else?  

For gambling, I am not sure as they might be tightening the rules on that also.

 

You can definitely use it in the shops for a pricey purse or anything else there. You use it for extra charge dining. You can use it for excursions. Unless they have really changed the system, it will be used for tips, er I mean the service charge.

 

You can buy photographs.

 

If any of it is refundable, you can get it back. They do use the non-refundable first.

Edited November 16, 2021 by ontheweb
added photographs