If you’ve considered buying cruise line stocks, you’re not alone. Cruise stocks have some awesome benefits and perks for those who love to cruise.
Carnival Corp, Royal Caribbean Cruises Ltd. and Norwegian Cruise Line Holdings are gaining ground over the last few months, but many believe there is still a lot of room for these cruise stocks to increase.
On top of the potential investment opportunity, owning Carnival and other cruise line stocks will get you shareholder benefits in the form of onboard credits when you cruise.
Now I should mention that isn’t meant to be financial investment advice. You’ll want to do your own due diligence which may include talking with a financial advisor. However, I will go over how cruise line shareholder benefits work and how you can take advantage.
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Cruise Line Shareholder Benefits for Cruise Travelers
Why Buy Cruise Line Stocks?
Many avid cruisers own cruise line stock because they think it’s a good investment and want to support their favorite cruise lines and the industry. It may surprise you to know that cruise lines actually reward their shareholders with a perk that’s advantageous to anyone who cruises, the more often the better!
Each and every time you go on a cruise, you’ll receive an onboard credit – the cruise line stock shareholder’s benefit. If you take a couple of cruises a year, or longer cruises, this can add up to hundreds of dollars!
Cruise Line Stocks
3 publicly traded Cruise Line Stocks that have shareholder benefits are Carnival Corp (CCL), Royal Caribbean Cruises Limited (RCCL) and Norwegian Cruise Line Holdings (NCLH).
Since each cruise company owns several brands, you’ll be able to benefit with a shareholder on-board credit (OBC) if you sail with any cruise line within in the larger company.
Carnival Corp includes these cruise lines:
- Princess Cruises
- Holland America
- P & O
Royal Caribbean Cruises Ltd
Royal Caribbean Cruises Ltd includes these cruise lines:
- Royal Caribbean
- Celebrity Cruises (excludes Celebrity Expedition – Galapagos sailings)
Norwegian Cruise Line Holdings
Norwegian Cruise Line Holdings includes these cruise lines:
- Norwegian Cruise Line
- Regent Seven Seas
Cruise Line Shareholder Benefits
Firstly, to receive shareholder benefits, you’ll need to own at least 100 shares of your favorite cruise line stock. Each cruise company works a little differently, but does offer an onboard credit each time you cruise.
Carnival Stock Benefits (CCL)
Carnival cruise lines offers the following on board credits to their shareholders:
- $50 – 6 days and less
- $100 – 7 to 13 days
- $250 – 14 days and more
If you sail with the North American brands, you’ll receive an on board credit in USD. However, if you sail with one of the Europe, or Australia brands, the OBC will be in the currency that is used on board.
Royal Caribbean Stock Benefits (RCCL)
Royal Caribbean offers the following on board credits to their shareholders:
- $50 – 5 nights and less
- $100 – 6 to 9 nights
- $200 – 10-13 nights
- $250 – 14 nights and more
Norwegian Stock Benefits (NCLH)
NCLH offers the following on board credits to their shareholders:
- $50 – 6 days and less
- $100 – 7 to 14 days
- $250 – 15 days and more
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How to Redeem Shareholder Benefits
It’s quite simple to redeem your cruise stock shareholder benefits for your cruise vacation. You’ll need to go to the cruise line website and print out a shareholder benefit form and complete it with the information required – your name, booking number, ship and sail date. You’ll also be asked to send in a proof of stock ownership, such as a brokerage statement.
If you’ve used a travel agent to book your cruise, you can ask your agent to send in the forms for you. Make sure to black out your personal investment information. Otherwise you can
You can here more about this on our YouTube channel at Life Well Cruised
When Cruise Shareholder Benefits Don’t Apply
There are some restrictions about when you can redeem and receive your on board credits/shareholder benefits.
Do make sure to read the fine print, as some cruise line offers are not combinable with this benefit. This applies to travel agent rates, free cruises, and chartered sailings, as well as some other circumstances.
How to Get More Cruise Stock Benefits (OBCs)
Here’s a great cruise hack you need to know. Cruise lines will only give out shareholder benefits to one person in the cruise cabin, even if more than one person own cruise line stock. If you’re booking more than one cabin, split up the passengers so you can get double the credits. Once onboard you can switch cabins – this is done often by cruisers.
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Final Thoughts: Cruise Line Stocks – Shareholder Benefits for Cruisers
Owning cruise line shares is a great way to get additional on board credits and save money on your cruise. If you enjoy cruising and plan to continue to cruise in the future, the shareholder benefits are a nice perk of stock ownership.
Do you own cruise line stocks or are you considering it? Please let me know your thoughts and tips in the comments below.
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