Home Credit Cards Is The Royal Caribbean Credit Card A Good Deal?

Is The Royal Caribbean Credit Card A Good Deal?

by joeheg

Cruise? Cruise? Did someone say cruise? While that word makes my ears perk up, Sharon’s not so enthusiastic when thinking about the idea of sitting on a ship in the middle of the ocean for days at a time. There are, however, two things that will help me get her onto a cruise boat.

Flowrider Royal Caribbean

Some Royal Caribbean ships have Flowriders. That alone could be a selling point, because Sharon has this odd enjoyment of Flowriders (Note from Sharon: Yes, I do! See the girl in that picture above? I can do that!).

cuba-cruise-destination

Royal Caribbean also sails to Cuba and this would currently be the easiest way for us to get back and see Havana again.

If there’s a possibility that we’ll be going on a cruise, I needed to see if getting the Royal Caribbean Visa Signature credit card featuring MyCruise Rewards made sense.

I first learned of this card when we received a mailer for a “special offer.” Yes, I do read my junk mail; you never know what types of offers you’ll get. As it turns out, this offer wasn’t special at all and was actually the regular offer from the Bank of America website.

The Royal Caribbean Visa Signature® Card

Here are the details:

Annual Fee – No Annual Fee

Sign Up Benefit – 10,000 Bonus Points after you make a qualifying transaction in the first 90 days of account opening

For a limited time, earn an additional 5,000 bonus points after making at least $1,000 in purchases in the first 90 days of account opening – valued at an additional $50 in onboard credit.

Spending Bonus Categories

  • 2 MyCruise Points per $1 on qualifying purchases with Royal Caribbean International and our sister brands, Celebrity Cruises and Azamara Club Cruises
  • 1 MyCruise Point per $1 on all other purchases

$50 Air2Sea Airfare Discount – after at least $3,500 in purchases made with your Visa Signature card within the first 90 days of account opening (student and Platinum Plus accounts are not eligible)

No Foreign Transaction Fees – The Royal Caribbean Visa Signature Card doesn’t charge any foreign transaction fees.

What’s a MyCruise Point??

Screen Shot 2018-07-22 at 10.27.49 PM

Here’s how Royal Caribbean explains MyCruise points.

Congratulations! You have been using your Royal Caribbean Visa® credit card for your travel and everyday purchases and have accumulated enough points to redeem one of many MyCruise® Rewards on Royal Caribbean® , Celebrity Cruises® or Azamara Club Cruises® (the “Reward(s)”). We are excited to offer you a wide range of MyCruise® Rewards to enhance your vacation experience – from Onboard Credits and Cruise Discounts, to Cruise Vacations and Merchandise

Screen Shot 2018-07-22 at 10.27.20 PM

You can use your points to redeem for any number of cruise related expenses (or Royal Caribbean merchandise)

Some 5,000 point redemptions are:

  • Upgrade on a 3 or 4 night Royal Caribbean sailing for two, (minimum available oceanview stateroom); value of upgrade may not exceed fifty dollars ($50 USD value) Fifty dollar ($50 USD value)
  • Royal Caribbean, Celebrity Cruises or Azamara onboard credit toward onboard purchases i.e. spa, shore excursions, gift shop, bar, etc. (multiple onboard credits may be applied to a reservation if earned)
  • Two Royal Caribbean robes delivered onboard ($100 USD value; available only on Royal Caribbean ships)

For 10,000 points (The value of the sign up bonus) you can get:

  • One hundred dollar ($100 USD value) Royal Caribbean, Celebrity Cruises or Azamara onboard credit toward onboard purchases i.e. spa, shore excursions, gift shop, bar, etc. (multiple onboard credits may be applied to a reservation if earned)
  • Royal Packet – includes 2 Royal Caribbean towels, 2 travel wallets, and 2 messenger bags ($100 USD value); delivered to your address provided
  • Royal Wear – includes 2 Royal Caribbean Polo Shirts and 2 baseball caps ($100 USD value); delivered to your address provided

If you manage to get 50,000 points, here are your choices:

  • Five hundred dollar ($500 USD value) Royal Caribbean, Celebrity Cruises or Azamara onboard credit toward onboard purchases i.e. spa, shore excursions, gift shop, bar, etc. (multiple onboard credits may be applied to a reservation if earned)
  • Five hundred dollar ($500 USD value) Discount off any Royal Caribbean or Celebrity Cruises ship itinerary Upgrade on a 9+ night Celebrity Cruises Caribbean sailing for two (veranda to minimum available Concierge Class stateroom); value of upgrade may not exceed five hundred dollars ($500 USD value)
  • 3 or 4 Night Royal Caribbean sailing for two (minimum available oceanview stateroom); value of cruise vacation fare for two may not exceed one thousand dollars ($1,000 USD value)

If you want to redeem your points for something of cash value, like an onboard credit, discount or upgrade, the value of your point is $0.01. 10,000 points = $100. 50,000 points = $500. If you are using your points for upgrades or companion fares, you can get a value of close to $0.02 per point.

Is it worth getting?

Since the card has no annual fee and will give you enough points for a $100 onboard credit, you wouldn’t be losing anything by applying…or would you? Instead of applying for this card, you could apply for the Chase Freedom Unlimited card which is currently offering a $150 bonus if you spend $500 in the first three months. You’re already $50 ahead and you can use that $150 in cash to pay for your cruise. If you were going to spend the $3500 for the $50 airfare discount, the same amount of spending on the Freedom Unlimited card would earn $52.50 cash back.

Since the only bonus category for spending with the card is 2 points per dollar on Royal Caribbean cruises, there are better travel credit cards that provide from two to three points per dollar on travel expenses like the Chase Sapphire Preferred or Citi ThankYou Premier.

This card might have been worthwhile to get if it provided any additional benefits on Royal Caribbean cruises, but it doesn’t. At least a similar card like the Disney Visa card gives you some perks even if it isn’t great to use for spending.

I just can’t imagine when this card would be a good idea to apply for. Even if you only want to use your rewards to go on Royal Caribbean cruises, there are better cards to get for higher sign-up bonuses and extra points for travel spending.

Like this post? Please share it! We have plenty more just like it and would love if you decided to hang around and clicked the button on the top (if you’re on your computer) or the bottom (if you’re on your phone/tablet) of this page to follow our blog and get emailed notifications of when we post (it’s usually just two or three times a day). Or maybe you’d like to join our Facebook group, where we talk and ask questions about travel (including Disney parks), creative ways to earn frequent flyer miles and hotel points, how to save money on or for your trips, get access to travel articles you may not see otherwise, etc. Whether you’ve read our posts before or this is the first time you’re stopping by, we’re really glad you’re here and hope you come back to visit again!

 

 

Leave a Reply

Stay Updated

* indicates required




Want to keep up to date with our latest posts?

* indicates required




BoardingArea
%d bloggers like this: