Credit Score: 780 Credit Limit: 10000 Age: 45-54

Posted 07/12 2017

I finally managed to get my statement credits under the "new rules". I used 60000 points and got a statement credit of $1200 for my last cruise (which cost more than $4000). I called the rep and she verified that it has been processed.

Despite all the problems earlier, it looks like Princess has the best value for their points now.

 

Credit Score: 804 Credit Limit: 10000 Age: 45-54

Posted 05/14 2017

I was speaking to the Barclaycard supervisor and was told that the 1% to 2% redemption value is based on "one purchase". So you cannot combine purchases within the last 180 days. That means it is best to book your cruise and any OBCs together.

 

Credit Score: 780 Credit Limit: 12000 Age: 45-54

Posted 04/05 2017

The new redemption for princess cruise points is actually great. Having said that, I have to give them a 4 star rating (and really wanted to give them a 3 star rating) for all the snafus from the new reward program. Once it starts to work out, it is great. But it appears to have too many problems.

Mine was the confusion from their marketing brochure which states that you can earn 2X for princess cruise as well as other CCL cruises. I booked a short Holland America cruise and was only given 1X. Called Barclays and was told that brochure was "wrong"!!!

So here is another data point regarding this whole fiasco. You only earn 2X on princess cruise and 1X on other purchases including other cruise.

 

Credit Score: 726 Credit Limit: 5000 Age: 45-54

Posted 03/19 2017

I spent over an hour on the phone with a couple of reps and finally spoke to a supervisor. He clarified that the redemption value is indeed based on one single purchase made during the last 180 days. You cannot combine them even if they were made towards the same trip.

They verified that my last trip was $3800 which put me in the 1.5% redemption value. I proceeded to redeem 50000 points which got me a $750 statement credit.

 

Credit Score: 650 Credit Limit: 1500 Age: 45-54

Posted 11/27 2016

I have started cruising with Princess once every two years and thought that getting their card would work for me. My credit is not that great but I still got approved and got a small limit. I hope it goes up after a while.

In the meantime, I have been reading about the new points system and though I will not spend enough to earn points like some of you, it appears that the card and points are improving. In constrast, my Delta miles keeps getting devaluated.

 

Credit Score: 814 Credit Limit: 12000 Age: 18-24

Posted 10/05 2016

I am trying to figure out whether all these changes are better off for me. From the looks of it, it appears to be better despite the technical hiccups that others are experiencing (thank goodness we have been dormant for a while).

1. I like the fact that points would not expire as long as the account is active. And that is defined as using the card at least once every 7 billing cycles.

2. You get between 1% and 2% redemption rate depending on the charge (within last 180 days).

It seems like a better deal though I might have to change some habits like booking everything (including OBCs) at once.

 

Credit Score: 680 Credit Limit: 2500 Age: 45-54

Posted 07/12 2016

I got this card when my credit was not so good and my limit was rather small. I would say that if you travel with Princess Cruise and use the card to pay for the cruise and all the expense, then it is probably worth it. But I have since stopped sailing with them and I now use the Cap One Venture for all my spending.

 

Credit Score: 735 Credit Limit: 8000 Age: 45-54

Posted 02/08 2016

I used to be a Delta Platinum Card holder but I have given up on skymiles. It takes a ridiculous amount of miles to get a free ticket to the cruise port. And upgrades just do not happen anymore even if you are an elite member. So I gave up that card and gave up earning Delta miles. I decided to get the Princess Cruise Visa. It may not have the best sign up bonus or the points you earn are just normal. But at least you can redeem the points when you want and there is no such thing as "no seats" available or you need "XX" points. You can simply use however many points you have for OBCs, or statement credits.