[imga=Royal Caribbean cruise ship"]http://creditcardforum.com/images/cards/misc/roy-carib/royal-caribbean-cruise-ship.jpg[/imga]Year after year Royal Caribbean continues to be one of the most popular cruise lines in the US, and just as the name implies, they are known for their cruises to the Mexican coast, Bahamas, and other Caribbean islands. Several years ago they came out with their Royal Caribbean credit card (a Visa card issued by Bank of America) which is geared towards their biggest customers.
Does this credit card live up to its expectations? Let’s take a look…
You want this credit card so you can earn a free or discounted Royal Caribbean cruise as fast as possible, right? Well, here’s what they give you on your spending:
- 1 point per dollar on your spending
- 2 points per dollar for qualifying Royal Caribbean purchases
Sure, it’s better than nothing, but at the same time you need to remember that Royal Caribbean travel purchases probably only make up a tiny percentage of your annual spending… so it probably won’t benefit you much at all.
[imga=details for double points"]http://creditcardforum.com/images/cards/misc/roy-carib/onboard-only.png[/imga]Then when I viewed the application, the wording makes it sound as if only "onboard" Royal Caribbean purchases count? If that's true, then it really sucks.
It’s not that you can’t redeem your points for some decent things, it’s just that they require way too many points and you earn them way too slow.
For example, when I looked one of the options was a $50 onboard purchase credit you can get with 5,000 points. Well… if I’m only getting 1 point per dollar on my regular spending with the Royal Caribbean credit card, that means I need to spend $5,000 to get a $50 credit… that only equals a 1% rebate! Kind of vanilla, right?
Using the points for a room upgrade might be more beneficial, but again, the question is at what cost? On top of that, I come across deals all the time for upgrades (i.e. a balcony stateroom for the price of an oceanview stateroom) so does it even make sense to spend a ton of Royal Caribbean Visa points to do this?
My favorite travel rewards credit cards for 2013
There are several travel cards on the market that give MUCH BETTER rewards and benefits. Check out this ranking to compare the top rated travel rewards credit cards.