Ms Jo UK Posted June 29, 2017 #1 Share Posted June 29, 2017 I ought to know this but if I do I have forgotten. Final payment is due at the end of August, however I have the funds available to pay next week, and do not want to be tempted to dip into it for other things. So is there any downside to paying early that I havn't thought of? Link to comment Share on other sites More sharing options...
hapster85 Posted June 29, 2017 #2 Share Posted June 29, 2017 Beyond no longer having the money in hand, not that I know of. Link to comment Share on other sites More sharing options...
CruisinDawn Posted June 29, 2017 #3 Share Posted June 29, 2017 Last I knew once it is paid off you can't take advantage of any price drops. My TA always said not to pay off until last minute for this reason but with rules changing constantly I am not sure anymore. BonVoyage Dawna Link to comment Share on other sites More sharing options...
GTO-Girl Posted June 29, 2017 #4 Share Posted June 29, 2017 Last I knew once it is paid off you can't take advantage of any price drops. My TA always said not to pay off until last minute for this reason but with rules changing constantly I am not sure anymore. BonVoyage Dawna Even if you pay your cruise off early you can still take advantage of price drops up until the final payment "date" set by Royal. The price difference would be either credited back to your credit.....or you may can get an OBC (but not 100% sure of this). Link to comment Share on other sites More sharing options...
Ms Jo UK Posted June 29, 2017 Author #5 Share Posted June 29, 2017 Last I knew once it is paid off you can't take advantage of any price drops. My TA always said not to pay off until last minute for this reason but with rules changing constantly I am not sure anymore. BonVoyage Dawna Here in the UK we do not get the opportunity to take advantage of price drops ever Link to comment Share on other sites More sharing options...
Clarea Posted June 29, 2017 #6 Share Posted June 29, 2017 I ought to know this but if I do I have forgotten. Final payment is due at the end of August, however I have the funds available to pay next week, and do not want to be tempted to dip into it for other things. So is there any downside to paying early that I havn't thought of? The only downsides that come to mind from paying off early are the inability to transfer to a travel agent and the loss of use of your money. You can still get price drops if you were booked under US/Canadian rules, though it could be 5-10 business days before the credit shows up. Link to comment Share on other sites More sharing options...
GTO-Girl Posted June 29, 2017 #7 Share Posted June 29, 2017 Here in the UK we do not get the opportunity to take advantage of price drops ever Oops....sorry didn't realize you were in the U.K. I know your rules are different... Link to comment Share on other sites More sharing options...
CruisinDawn Posted June 29, 2017 #8 Share Posted June 29, 2017 Last I knew once it is paid off you can't take advantage of any price drops. My TA always said not to pay off until last minute for this reason but with rules changing constantly I am not sure anymore. BonVoyage Dawna Not sure what my Ta's motive was then. Good to know! I am no longer using him so all is good. BonVoyage Dawna Link to comment Share on other sites More sharing options...
cruisinfanatic Posted June 29, 2017 #9 Share Posted June 29, 2017 Last I knew once it is paid off you can't take advantage of any price drops. My TA always said not to pay off until last minute for this reason but with rules changing constantly I am not sure anymore. BonVoyage Dawna That has NEVER EVER been the case Link to comment Share on other sites More sharing options...
Ms Jo UK Posted June 29, 2017 Author #10 Share Posted June 29, 2017 Thanks everyone I will pay off on Monday. Link to comment Share on other sites More sharing options...
nyllrap Posted June 29, 2017 #11 Share Posted June 29, 2017 It hasn't happened to me personally, but I have read on Cruisecritic that sometimes Royal calls or sends an email and gives OBC if the guest makes final payment early. Link to comment Share on other sites More sharing options...
jndsilver31 Posted June 29, 2017 #12 Share Posted June 29, 2017 my wife and I have paid off our cruises before final payment. we have gotten a couple of price breaks. you wont get a price break after the final due date. and we do not use a TA Link to comment Share on other sites More sharing options...
Rare John&LaLa Posted June 29, 2017 #13 Share Posted June 29, 2017 It hasn't happened to me personally, but I have read on Cruisecritic that sometimes Royal calls or sends an email and gives OBC if the guest makes final payment early. We were one of those. It may have just been a game to boost their quarterly numbers Sent from my HTC One_M8 using Forums mobile app Link to comment Share on other sites More sharing options...
OCruisers Posted June 30, 2017 #14 Share Posted June 30, 2017 ECO 101 ... Never pay until it's due. ;) Link to comment Share on other sites More sharing options...
Biker19 Posted June 30, 2017 #15 Share Posted June 30, 2017 +1. Link to comment Share on other sites More sharing options...
squadron Posted June 30, 2017 #16 Share Posted June 30, 2017 It hasn't happened to me personally, but I have read on Cruisecritic that sometimes Royal calls or sends an email and gives OBC if the guest makes final payment early. Haven't heard about that - if it is true RCI should advertise it and people would pay early to get OBC. Otherwise there is no advantage to paying early . It is better keep your money even if it earns little or nothing. Link to comment Share on other sites More sharing options...
MiniChunks Posted June 30, 2017 #17 Share Posted June 30, 2017 I always pay about 30 days before final payment so any issues can be sorted out should they arise. Having said that, I paid off my TA for next April already because I wanted to take advantage of the 60,000 mile delta amex bonus. One way flights from Rome to JFK were over $2000/ea last time I looked. Signed up for the card, paid off the cruise, paid off the card, got my miles and paid for my flights with them Sent from my SM-G950U using Forums mobile app Link to comment Share on other sites More sharing options...
riclop Posted June 30, 2017 #18 Share Posted June 30, 2017 Never give them your $$$ early. Link to comment Share on other sites More sharing options...
DebJ14 Posted June 30, 2017 #19 Share Posted June 30, 2017 Never give them your $$$ early. Why? It is not like it is earning anything sitting in the bank! I would just as soon pay it off early rather than worry about forgetting to pay it. I guess it is just the way we roll. We pay our bills as soon as they come in rather than wait until the due dates. Link to comment Share on other sites More sharing options...
Hey Tina Posted June 30, 2017 #20 Share Posted June 30, 2017 Why? It is not like it is earning anything sitting in the bank! I would just as soon pay it off early rather than worry about forgetting to pay it. I guess it is just the way we roll. We pay our bills as soon as they come in rather than wait until the due dates. Have you never heard of interest bearing accounts? Link to comment Share on other sites More sharing options...
maryjaden Posted June 30, 2017 #21 Share Posted June 30, 2017 I am on the side of paying off early. One less thing I have to worry about. I also book excursions, dinners, drink pkgs early. This way I can still take advantage of prices drops should they appear, but by them time I step off the ship at the end I have very little due and just enjoy my time. It comes down to personal preference. If interest on money were higher I might do it differently, but the way it is now you don't earn enough to have that a major consideration. Link to comment Share on other sites More sharing options...
Dremac373 Posted June 30, 2017 #22 Share Posted June 30, 2017 This is some very helpful information to consider, thank you all for sharing your points for and against. Link to comment Share on other sites More sharing options...
suesnake2002 Posted June 30, 2017 #23 Share Posted June 30, 2017 I paid off early,a suite in march(my first), then I read a thread were obc was given to some people to pay off early. I guess it was rccl solidifying actual rooms sold. I would guess this was before the no refund deposit, and maybe people who booked while onboard and took their credit then and there. Link to comment Share on other sites More sharing options...
baileymouse Posted June 30, 2017 #24 Share Posted June 30, 2017 Oddly enough, my travel agent processed the final payment for my October cruise in May. Not sure why, maybe they had a deal that would require payment to be early? Cruise is 99 days away as of today. Sent from my SM-G935T using Forums mobile app Link to comment Share on other sites More sharing options...
Clarea Posted June 30, 2017 #25 Share Posted June 30, 2017 Oddly enough, my travel agent processed the final payment for my October cruise in May. Not sure why, maybe they had a deal that would require payment to be early? Cruise is 99 days away as of today. Did your travel agent give you some extra on board credit? I recall that Royal was offering significant on board credit to get some people to pay off their cruises early. Link to comment Share on other sites More sharing options...
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