Sunday, March 31, 2024

2024 Carnival Shareholder Benefit valid through December 2024 This Cruise Life

carnival cruise shareholder benefit

Details of such a change have not yet been released, nor is there any firm date for when changes to the program may take effect. It is possible that Carnival Cruise Line may add new levels with different requirements of points earned, or the benefits available to each level may be adjusted. That's even after shares soared 76% since the start of 2023 (as of April 18). This benefit also extends to their subsidiaries Oceania Cruises and Regent Seven Seas!

NYSE: CCL

In fact, in 2023 Carnival Corporation provided shareholders up to $250 in onboard credit – but that offer ended on February 28, 2024. This article walks you through changes to the new 2024 Carnival Shareholder Benefit along with big updates to the process requesting benefits. If you own Carnival stock (or you’re planning on buying some), it’s super-easy to get your free shareholder OBC. Read on to find out how many shares you need to own, how much credit you’ll get for each sailing, and how to let your cruise line know you’re eligible. As I explained in the request for comment thread, the only lever Carnival has is to reduce the time period before sailings within which you have to prove ownership.

carnival cruise shareholder benefit

Company

You can get all the details you need from the shareholder platform you use – so etoro for me. I can’t advise you which is the best, but I personally chose to buy my Carnival shares through an investing platform called etoro. I chose this one because it is one of the most popular platforms with 20 million registered users and has great reviews and low fees. And finally, for sailings out of the UK on a P&O Cruises, Cunard or Princess Cruises ship, the values are £150, £60 and £30. It might be smooth sailing for Carnival right now, but there are always rough waters to worry about. I don't believe this is a once-in-a-generation investment opportunity.

thoughts on “2024 Carnival Shareholder Benefit (valid through December ”

In addition to potential stock market gains and dividends, many companies provide additional benefits to their shareholders. In fact, all publicly traded cruise lines have offered some form of benefit to shareholders for years. When the process first rolled out, you had to fax over a copy of your brokerage statement. Eventually, this process got easier when email and online forms rolled out.

The most common issues are missing information in the request, or an attachment that was either not attached or won’t open. Yes, subject to the other limitations on using OBC prior to boarding. Presently, OBC of any kind can only be used to book shore excursions. In practice, Shareholder Benefit OBC appears as Non-Refundable OBC on the Voyage Folio and is depleted by all onboard charge types including daily crew appreciation/“hotel charges” and casino player bank loads. Have you used the StockPerks process to request your Carnival Shareholder Benefit? With the full transition to StockPerks, Carnival now requires you to download the StockPerks app from either the Apple or Google Play Store depending on your device.

Three Carnival Cruises Lose Loyalty Benefit Availability

The impacted cruises are all longer Carnival Journeys voyages, which often have such benefits curtailed due to the logistics of having higher-than-typical numbers of high-level loyalty passengers aboard. We’ve taken advantage of these programs above and think it’s a great way to add value to your cruises and invest a little bit for the future! The method varies a little between cruise companies, but generally, the requirement is at least 100 shares of stock owned directly.

Earn benefits for owning your favorite cruise line’s stock!

Just remember you need to make the purchase yourself—you can’t give your cruise card to another passenger to use your OBC. Of course, each stateroom key card is assigned to a specific passenger and also acts as ID and your way of making purchases on board. So the logistics can get tricky with this workaround, but many cruisers use this method to double up on OBC.

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Settling your onboard account

Note that each cruise line has its own submission email address, but the same form and proof of shareholder status is the same. This is especially true in view of the fact that most of the other major cruise lines have similar if not duplicate programs. Yes, actually the proof was a screen clip showing ownership of the stock from the online holding information page, it was not the formal quarterly statement. You can check via the website - log in, select the booking in question,  select Payments & Credits  and scroll to the bottom. Usually, a revised Booking Confirmation is sent by email that includes the Shareholder Benefit OBC. There are passengers who have received thousands of dollars of benefits from a single eligible shareholding.

Princess Cruises shareholder benefits

The Carnival cruise stock benefits vary a little depending on which cruise line you’re sailing with. Those figures above are what you get when you sail on any of the cruise lines operating with US dollars as their onboard currency. Unfortunately, free onboard credit for Carnival shareholders is limited to one credit benefit per person per sailing. Carnival’s free onboard credit program for shareholders only allows one shareholder per stateroom to use the benefit. So if you have multiple shareholders in the same cabin, only one can get the free OBC. Carnival Corporation offers free OBC to shareholders on all of their cruise lines.

This means that shareholders can enjoy the perks of their ownership even when they book at a discounted rate. To claim these benefits, there is a claiming process that must be followed at least four weeks before sailing. This process requires providing legal name, booking number, ship and sailing date, and proof of stock ownership. We've got the rundown of the benefits offered per cruise line and how to get the stocks, plus how and when to snag the credit. One of the most viewed pages on our site is about the benefits you receive for being a shareholder with your favorite cruise line.

Owning Carnival shares means you have a stake in one of the biggest cruise companies and can bag your self some shareholder benefits too. Carnival Corporation has engaged Stockperks to implement a more automated and streamlined process for the processing of shareholder benefits. During the ongoing transition phase, shareholders may be redirected to Stockperks to engage with our updated redemption process. The Stockperks service is governed by Stockperks’ Privacy Policy, Terms of Service, and may be subject to other Stockperks policies and terms.

Employees can enjoy discounted rates on cruises for themselves and their families, as well as reduced rates at partner hotels and resorts. Carnival Cruise Line provides employees with a range of time off benefits, including paid time off, sick leave, and bereavement leave. The amount of time off an employee receives depends on their position and length of service with the company. Carnival Cruise Line offers a comprehensive health and wellness benefits package that includes medical, dental, and vision insurance. Employees can choose from a range of plans, including PPO and HMO options, to suit their needs.

You’ll need to download the app to your smartphone, then verify the stock you own by taking a photo of the key details. I’ve been very happy with my share-buying experience and found it really easy to do. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Neil Patel and his clients have no position in any of the stocks mentioned.

The amount of free onboard credit you’ll get per cruise depends on how long your sailing is, and which cruise line you’ll be on. See the table below to find out how much OBC you’ll be awarded on your next cruise. After being on a Carnival Cruise for 25 – 74 nights, guests become Gold Members of the VIFP Club. Gold members receive a range of benefits, including a dedicated phone number for member support, exclusive member-only offers, and priority check-in and boarding. As a cruise line, Carnival Cruise Line offers its employees some unique travel benefits.

Cruise Line Stock Perks and Shareholder Benefits

carnival cruise shareholder benefit

It’s worth noting that these stock benefits are subject to change at any time, and some benefits may not be available to all employees. Employees should check with Carnival Cruise Line for the most up-to-date information on stock benefits. After being on a Carnival Cruise for 200+ nights, guests become Diamond Members of the VIFP Club. If one of these longer, more immersive itineraries had fewer high level VIFP guests, the benefits would remain intact. Carnival Cruise Line has reached out to guests at the highest levels of the past passenger loyalty program, alerting them that some of their benefits are unavailable for specific sailings in April 2024. They can claim the benefit for every subsequent cruise they book with P&O or any other cruise line in the Carnival group.

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The duration of the cruise on a single booking number determines voyage length for Shareholder Benefit OBC purposes. As Princess often sells multiple distinct voyages bundled together as one voyage, it behooves shareholders to consider differences in Shareholder Benefit OBC during the booking process. Additionally, you are required to attach a “recent investor statement” that proves share ownership. At other times, I’ve been asked to resubmit a statement that’s 60 days prior to the sail date.

Creating a Stockperks Account

Longer sailings, especially repositioning cruises, are often popular with frequent cruisers. Because of this popularity, it can become logistically impossible for any cruise line to successfully offer elite benefits to a large number of cruisers on the same sailing. Our experience with IBKR has been nothing but positive and we’ve done a number of transactions and have been able to use statements they provide for proof of ownership to get the shareholder benifits on our cruises. If you have a brokerage account and investing already, just pick up the phone or go online and purchase shares as you would any other stock or security. Then you can get some great benefits by just filling out the NCL Shareholder Benefits Request Form! Be sure to submit this form at least 2 weeks ahead of the cruise in which you are applying for the benefit.

carnival cruise shareholder benefit

thoughts on “2023 Carnival Shareholder Benefit (valid through July ”

Any shareholder listed on the ownership documents can submit for their booking, subject to the restrictions of one Shareholder Benefit OBC grant per shareholder-occupied cabin. I’ve used the Shareholder credit on all of my cruises since 2015 and I’ve earned $2,900 in OBC. Additionally, when Carnival was paying out a healthy dividend, I earned over $1,000 in that same time period. To buy shares in any company, you’ll typically need to use a stockbroker. There are various fees involved with this, but an online platform is usually the cheapest and easiest way. There are also Carnival stockholder benefits available to anyone who owns 100 shares or more – and they apply to every cruise you take with a cruise line under the Carnival Corporation umbrella.

2024 Carnival Corporation Shareholder Benefit

Carnival, Princess, and Holland America are the most popular Carnival-owned lines for North American cruisers. But several other cruise lines around the world are also under the Carnival Corporation umbrella. Carnival Cruise Line is committed to the growth and development of its employees.

Carnival Cruise Membership Benefits

In practice, guests occupying the same stateroom, with different last names and different addresses on the booking, report success when each submits a separate benefit request. Yes, so long as you can produce acceptable evidence of ownership in your account, the specific legal form of ownership does not appear to matter. Overall, it was a fairly smooth process following the on-screen prompts. With that said, it definitely took a LOT of steps to accomplish the simple task of requesting our Shareholder Credit! Additionally, as others have mentioned, I don’t love giving Stockperks access to my entire portfolio.

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But this is a business that is recovering nicely from the worst days of the pandemic. At one point, Carnival was forced to halt its operations temporarily to prevent the spread of COVID-19. Revenue took a huge hit, dropping 91% between fiscal 2019 and fiscal 2021. Warren Buffett, who many consider the greatest investor ever, once said that he believes the mark of a wonderful business is one that can raise prices with minimal pushback from customers. While this is truly a benefit for us, it is in fact a Marketing Tool to foster brand loyalty and is Way, way down the list for consideration of being discontinued.

At this time, no other benefits have been restricted for any of these three cruises. Blue (first sailing), Red (second sailing to 24 cruise points), and Gold (25-74 points) passengers have no changes to their benefits, and all other upper tier benefits remain intact. Finally, Royal Caribbean has their own shareholder benefits which include Royal Caribbean Cruises as well as Celebrity Cruises.

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Carnival Cruise Shareholder Benefits & Discounts

There are exceptions in the fine print for cases of jointly owned stocks, but the restriction of having 100 shares per cabin still applies. While you can purchase as many or as few shares as you'd like, all the cruise lines that offer investor benefits require a minimum of 100 shares to be eligible for the credit. You are looking at a substantial initial investment -- typically thousands of dollars, depending on which parent company you invest in and the cruise line's stock price at the time of purchase.

If you shop the deals and frequently get OBCs on your own, then the cruise line's stock perk is less of a benefit after all. To be entitled to shareholder benefits, you need to purchase a minimum number of shares. Firstly, as is usually the case with special offers like these, you can’t claim onboard credit as a Carnival shareholder if you’re an employee of the company. This applies across the board, so if you work for Princess Cruises, you can’t claim it on a Carnival cruise. The amount of onboard credit you’ll receive (and what currency it will be in) depends on the specific cruise brand and where it’s based.

The impacted sailings are the April 6 departure of Carnival Miracle, a 15-night Hawaii cruise roundtrip from Long Beach, California. The April 7 departures for Carnival Pride and Carnival Spirit are likewise affected. It's easy to say this with the benefit of hindsight, but I don't necessarily think it's shocking to see Carnival putting up such strong numbers right now.

Now, Carnival Corporation has rolled out an app-based approach for all of their brands using a 3rd party app called StockPerks. However, there are certain eligibility criteria and a claiming process that shareholders need to follow to avail themselves of this benefit. To claim the onboard credit, shareholders must provide their legal name, booking number, ship and sailing date, and proof of stock ownership at least four weeks before sailing. Unfortunately, Carnival shareholder benefits cannot be combined with other onboard credit offers. However, by maximizing benefits through owning 100 or more shares, Carnival compares favorably with other cruise lines in terms of shareholder perks.

You only need to purchase 100 shares to receive the Carnival shareholder onboard credit, you wont get extra credit for buying more and it will only be applied to a room once. We spoke to a number of travelers that have used the above shareholder benefits for their cruise vacations, but most agree that investing in cruise stocks has some risk to it. The duration of the shareholder benefits claiming process depends on the verification process, which requires proof of stock ownership and personal information. It’s best to allow at least four weeks before sailing to complete the process. One of the most notable trends in the cruising industry is the increasing popularity of shareholder benefits. It has become a popular way for investors to enhance their cruising experience, as more and more cruise lines are offering onboard credit and other perks to their shareholders.

For specific step-by-step instructions on how to request the benefit, be sure to check out our original post. Check out our video recap on the benefits of being a Carnival Shareholder. We’re currently working on an updated video for 2024 that includes StockPerks details.

I want to share everything I've learned and hope to make your next cruise vacation as enjoyable as possible. With the stock market constantly evolving, it’s important to stay up-to-date on the latest trends and opportunities. By following the insights of experts like Mike Schimdt, investors can make informed decisions and maximize their cruising experience. Shares can be purchased on any exchange trading any of the eligible share types.

Bring acceptable proof of share ownership onboard if you haven’t seen the credit before departure. If you invest $4,000 and typically take four cruises per year, each one with $100 in onboard credit (i.e., free spending money), your investment "earns" $400 or 10 percent per year. In most cases, the investor OBC is superseded by other special offer credits, so no stacking.

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