Credit Score: 783 Credit Limit: 12000 Age: 45-54

Posted 07/13 2017

I used to have the Princess card. Then I cancelled it and got a Capital One Venture and later a Barclaycard Arrival. Both have annual fees but lets you earn 2% on everything and that was more valuable to me than the Princess visa. Though you could redeem the points for a free cruise and a a higher tier you could in theory get 2% in redemption alone, I could never earn so many points so I decided to part ways.

Now, after reading about the latest rule changes (along with all the snafus), I have decided to use it again. So I applied and got approved. Since most of my cruises cost more than $4k, in theory, I should see 4% returns (at least for the portion I spend paying for the cruise). More like the returns will be in the 3% range (which is still better than Cap One or the Arrival).

 

Credit Score: 812 Credit Limit: 10000 Age: 45-54

Posted 07/13 2017

Success. Just redeemed 80,000 points for $1600 statement credit on a $5000 trip booked 5 months ago.

I think this new enhancement would be great for those of us with the card.

 

Credit Score: 747 Credit Limit: 6000 Age: 35-44

Posted 06/27 2017

From the looks of it, once they solve their IT problems, this card appears to offer what no other cruise credit cards offer.

You can 2X on princess cruise purchases. But when you redeem the points for a statement credit towards your cruise (within the last 180 days), you can get more than 1% redemption value.

Princess purchase amount ($50 or greater) within last 180 days = Redemption points value
$50 to $499.99 = 1%
$500 -$2,000.99 = 1.25%
$2,001-$4,000.99 = 1.5%
$4,001+ = 2.0%

 

Credit Score: 735 Credit Limit: 6000 Age: 45-54

Posted 01/21 2017

Despite the snafus with the latest roll out, I think this new "enhancement" makes this card better than most other cruise credit cards (if you only cruise with Princess). For OBC, at least there is some tiering and you get more than 1% if you redeem above 40,000 points.

5,000 points: $50
10,000 points: $100
25,000 points: $250
40,000 points: $500

But the best bang for the buck is still the redemption for statement credits on the cruise (180 prior):

$50 to $499.99 = 1%
$500 -$2,000.99 = 1.25%
$2,001-$4,000.99 = 1.5%
$4,001+ = 2.0%

 

Credit Score: 790 Credit Limit: 9000 Age: 35-44

Posted 12/18 2016

I tried to redeem today was was told to call customer service. I paid $5000 for the last cruise and was told that with 40,000 points, I would get a $800 statement credit (nice!). I probably have to wait for a couple of weeks for this to go through.

 

Credit Score: 690 Credit Limit: 3000 Age: 35-44

Posted 12/09 2016

One of the "new enhancements" is that your points do not expire as long as you have an "active" within 7 months. That means that as long as you use your card, your points do not expire. Previously, they expired after 60 months or 5 years. For someone like me who is a small spender with a small limit, that helps a lot.

 

Credit Score: 756 Credit Limit: 7000 Age: 45-54

Posted 10/16 2016

I was about to switch to either a capital one venture or barclaycard arrival when I got the mail about the new enhancements. If I have read it correctly, you not only earn 2X on princess cruises, you can earn between 1% to 2% redemption rate based on the cruise you have spend (at once) with the card within the last 180 days.

My understanding is that if I paid $4000 for a Princess Cruise trip with this card, I get 8000 points (2X).

If I used the 8000 points to redeem, then I would get a $160 statement credit (2%) since the trip cost more than $4000.

 

Credit Score: 675 Credit Limit: 1500 Age: 35-44

Posted 05/06 2016

After 3 years of rebuilding, I finally decided to get a no annual fee unsecured credit card. It was quite tough trying to choose which one to apply. Then my boyfriend and I decided to go on a Princess Cruise trip. I don't really know too much about their program but figured I could use some points. So I applied and was surprised to actually get approved. Limit was small but it is a good start I guess.