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Stock ownership OBC question


cruise101
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Is the amount of OBC for stock owners a fixed amount or does it vary based on length of the cruise.

Also if both the first and second passengers in the same cabin hold stock individually in their own name, do you get the OBC twice?

Thanks in advance for your guidance.

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Also if both the first and second passengers in the same cabin hold stock individually in their own name, do you get the OBC twice?
The OBC is per cabin, even if both passengers each own 100 or more shares in separate accounts.
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Is the amount of OBC for stock owners a fixed amount or does it vary based on length of the cruise.

 

Also if both the first and second passengers in the same cabin hold stock individually in their own name, do you get the OBC twice?

 

Thanks in advance for your guidance.

 

 

 

It's $50 up to 7 days, $100 7 to 13 days and $250 above 14 days per cabin.

 

 

Sent from my iPhone using Tapatalk

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If both husband/wife own 100 each and are in separate cabins you can get both. Note when you buy use a company that will reinvest the dividends in fractional shares. For 100 shares you will currently get $40 a quarter. But if you use TD Ameritrade or Scottrade they only buy full shares. Stock price is over $40, so you will only get the cash dividend. My old company bought in .001 share increments and our share count built up very quickly with them. If your 401K provider allows it the stock is a decent place to park money you are not planning on withdrawing anyway. With OBC and dividends we were getting over 7% for quite a few years (and the OBC isn't taxable).

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Can the obc be used for grats? in the casino?

ALL OBC is treated the same. Non-refundable is used first (that's generally going to be your grats each day). Refundable is used when the non-refundable is gone.

If you have enough to cover your grats...go shopping, specialty restaurant, casino, what ever floats your boat;).

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if you hold the shares in joint names and are in separate cabins you get both get OBC. For example if you are parents and need two cabins for children you could put one joint shareholder in each cabin and get the OBC for both adults.

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Can anyone confirm a 1 night cruise is eligible for the OBC ($50 for cruises less than 7 days)

 

We do 1 nighters all the time since we live near Seattle. We get $50 per cruise. If we get separate cabins then we each get $50, but in the same room it's only one $50 OBC.

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  • 2 months later...
if you hold the shares in joint names and are in separate cabins you get both get OBC. For example if you are parents and need two cabins for children you could put one joint shareholder in each cabin and get the OBC for both adults.

 

Good to know! Thanks!

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Over the years we have received OBCs that total more then twice what we paid for the stock And the value of the stock has just about tripled from our original investment amount. It has certainly been an excellent investment....and one that just keeps paying and paying.

 

Hank

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I'm glad I bought stock several years ago. We haven't quite received my purchase price back in onboard credits and dividends, but it's getting close. And the processing of the requests is now much faster. I also like that I can see it now on the Cruise Personalizer when the credit appears. It used to be I had to go through my TA to find out. I faxed my request for our December cruise on the Royal this past Monday and had the credit appear less than 24 hours later.

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