Royal Caribbean Shareholder Benefits: An Insider’s Guide to Cruise Perks

Are you considering investing in the Royal Caribbean Group? As a shareholder who owns a minimum of 100 shares of their stock (NYSE: RCL), you’re eligible for exclusive shareholder benefits.

Among these perks is the option of an onboard credit, available for use on your Royal Caribbean cruise journey.

While these benefits may not be significant enough to justify investing unless you cruise regularly, they are a nice perk to have as a shareholder.

And we all LOVE a nice perk.

To better understand what these exclusive benefits are, and how to take advantage of the, keep reading…

Note: This article is for informational purposes only and should not be taken as investment advice. Always do your own research before investing in any company.

Royal Caribbean Shareholder Benefits

Royal Caribbean Stock benefits

As a shareholder with a minimum of 100 shares of Royal Caribbean International’s parent company, Royal Caribbean Group, you can take advantage of exclusive benefits during your cruise. These benefits include onboard credit, which can be used to enhance your experience on board.

The amount of onboard credit you receive depends on the length of your cruise. For instance, on a world cruise, you can receive $1,000 onboard credit per stateroom.

For cruises lasting 14 nights or more, a stateroom can receive an onboard credit of $250, while cruises between 6 to 13 nights are eligible for $100 per stateroom. For shorter cruises of 5 nights or less, the onboard credit is $50 per stateroom.

Keep in mind, this credit is allocated per stateroom and not for each individual in it. Moreover, this benefit is exclusively for the shareholder who owns at least the minimum required shares in RCL.

A single stateroom on a cruise can only claim one shareholder credit. In cases where the shares are owned jointly, each request for onboard credit on any given cruise requires a separate holding of 100 shares.

This shareholder benefit is applicable across various Royal Caribbean Group brands, which include Royal Caribbean International, Celebrity Cruises, and Silversea Cruises, with the exception of charter cruises and sailings to the Galapagos Islands.

To avail these benefits, shareholders must submit a Shareholder Benefit Offer request with up-to-date proof of their shareholding.

This request can be made through one of four methods: an online submission, email, regular mail, or fax. It’s important for the Royal Caribbean Group to receive these forms roughly 2-3 weeks before your cruise begins to ensure you can enjoy your benefits.

Do Royal Caribbean Stockholders Get Discounts?

Man jumping in front of royal caribbean ship
Source: fc.l2v3life

Unfortunately, Royal Caribbean does not offer direct discounts on cruise fares for stockholders.

However, there is a way for shareholders to claim onboard credit for their cruise, which can be seen as a discount as it saves you money on-board.

To be eligible for this benefit, you must own a minimum of 100 shares of Royal Caribbean Group stock or more.

Once you meet this requirement, you can claim the following onboard credit benefits:

  • $250 onboard credit per stateroom on sailings of 14 nights or more
  • $100 onboard credit per stateroom on sailings from 6 to 13 nights
  • $50 onboard credit per stateroom on sailings of 5 nights or fewer

It’s important to note that this benefit only applies to Royal Caribbean Group and Celebrity Cruises.

Silversea, the third cruise line owned by the Royal Caribbean Group, does not currently offer shareholder benefits.

However, Silversea has acknowledged this and is currently exploring options to partner with Royal Caribbean and Celebrity Cruises more, including offering shareholder benefits.

Is It Worth Buying Royal Caribbean Shares For The Shareholder Benefit?

We don’t believe Royal Caribbean shares are worth buying solely for the shareholder benefits.

The allure of onboard credits is tempting, but it shouldn’t be the sole reason for your investment. The cruise industry, like any other, has its ups and downs, and Royal Caribbean’s stock is subject to the same market fluctuations as any other company.

If you’re a cruise aficionado, regularly setting sail with Royal Caribbean or its sister brands, these benefits could sweeten the deal, offering a nice cherry on top of your investment cake.

However, for occasional cruisers, the benefits might not outweigh the risks and costs associated with stock market investments.

It’s crucial to remember that investments should align with your overall financial goals and risk tolerance.

So, while the onboard credits are a delightful perk for shareholders, they should be viewed as just that – a perk, not the primary motive for investment and we don’t recommend investing solely for the shareholder benefits.

As with any stock market venture, thorough research and a balanced investment strategy are your best mates on this voyage.

Can I Claim Onboard Credit Multiple Times With Royal Caribbean?

Royal Caribbean Spectrum of the Seas
Source: jas0nt1u

Yes, you can claim onboard credit multiple times with Royal Caribbean, but there’s a catch.

Each sailing is its own unique adventure, and for each of these, you’re eligible to claim your shareholder onboard credit.

So, if you’re a frequent cruiser with a treasure trove of booked trips, you’re in luck! Each voyage is an opportunity to cash in on those credits.

However, remember that the policy is per stateroom, per sailing. This means that for each cruise you embark on, you can claim the credit once.

Owning more shares doesn’t multiply the credit for the same cruise, but it sure does for multiple sailings.

Can I Combine The Shareholder Discount With Other Discounts?

Yes, you generally can combine your shareholder onboard credit with other promotions and discounts offered by Royal Caribbean.

This means if you’ve snagged a sweet deal on your cruise fare or have other promotional credits, your shareholder credit can typically join the party.

However, you’ll have to check the fine print. Certain promotions or discounts might have specific terms that affect how they can be combined.

A quick call to Royal Caribbean’s customer service or a glance at their terms and conditions will steer you in the right direction.

When To Apply For Onboard Credits For A Royal Caribbean Cruise

Royal Caribbean typically requires that you submit your Shareholder Benefit Request Form no later than 2-3 weeks before your sail date.

This lead time allows the Royal Caribbean team to verify your stock ownership and process your onboard credit without any last-minute hitches.

Remember, this isn’t an automatic perk – it requires a bit of legwork. You’ll need to provide proof of your stock ownership along with your cruise details.

You can submit your claim through various channels like email, online submission, or even the good old postal service.

How To Buy Royal Caribbean Shares

To buy Royal Caribbean shares, you will need to use a stockbroker. This can be either a human being or an online platform.

Using an online platform is usually the cheapest and easiest way. One we love and recommend is Charles Schwab as it has $0 trading fees and no foreign transaction fees, making it a great choice for travelers.

If you choose to buy Royal Caribbean shares through Schwab, you’ll need to create an account on their website, provide your personal information, and verify your identity. Then, you can deposit funds into your account and search for Royal Caribbean shares.

Once you find the shares you want to buy, you can place an order and wait for it to be filled. Keep in mind that the value of your investments may go up or down, and your capital is at risk.

How to Claim Royal Caribbean Shareholder Benefits

If you are a shareholder of Royal Caribbean Group and want to claim your benefits, you will need to make a request before your sailing date.

It’s important to note that the benefit is not applied automatically, so you will need to ask for it.

To make a claim, you will need to provide the following details:

  • Your name
  • Your address
  • Your booking confirmation number
  • Your ship and sailing date for your cruise
  • Proof of your share ownership in Royal Caribbean Cruises Ltd

There are four ways to send your claim to the cruise line: by mail, fax, email, or through an online submission form.

The easiest way to make your claim is by email or online form.

However, if you prefer to send it by mail or fax, those options are still available.

Just make sure that your claim reaches Royal Caribbean no later than 3 weeks before your sailing date.

Here are the details for each submission method:

It’s important to note that the shareholder benefits are handled by a separate team from the regular customer service department.

If you forget to make a claim, Guest Services onboard will not be able to help you. So, make sure to submit your claim before your sailing date to enjoy your shareholder benefits.

Things To Know About Royal Caribbean Stock Benefits

If you are a shareholder of Royal Caribbean, you can enjoy exclusive benefits of onboard credit while cruising with Royal Caribbean or Celebrity Cruises.

Here are some things you need to keep in mind before claiming the benefits:

  • The benefit is available per stateroom, and it is not transferable. You cannot claim the benefit for your partner or friends staying in the same stateroom.
  • You need to own a minimum of 100 shares of Royal Caribbean Group (NYSE: RCL) to claim the benefit. However, if you are a solo traveler, you can claim the benefit with just 100 shares.
  • The benefit is not available on chartered sailings or cruises to the Galapagos Islands.
  • Royal Caribbean Group’s onboard credit offer is not accessible to employees of the Royal Caribbean Group or to individuals who have booked their cruise at the special Friends & Family rate offered by the Royal Caribbean Group.
  • You cannot roll over the onboard credit to your next cruise. It has to be used on the cruise you claim it for.

If you have any other questions or concerns, you can contact the dedicated team at [email protected].

Before investing, it is important to weigh the risks and benefits carefully. If you are considering investing in Royal Caribbean’s stock, it may be worth it to take advantage of the shareholder benefits.

As with any investment, it is important to do your research and make an informed decision.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *