The Princess Cruises Credit Card is a great option for anybody who spends a reasonable amount of time on Princess cruise ships. With this card, you will gain access to a number of rewards and benefits every time you make a purchase.
In this article, we will be discussing everything there is to know about this credit card, including how you can apply for one. More so, we will mention a few rewards that the card can be used to obtain.
- What Is the Princess Cruises Credit Card?
- How Does it Work?
- Rewards of this Credit Card
- Benefits of the Card
- Interest Rates and Charges Summary
- Fee Summary
- Information to Note
- How to Apply
- How to Contact the Bank
What Is the Princess Cruises Credit Card?
This credit card is essentially used to earn rewards or cash back.
Brought to you by Barclays Bank, the card comes with a number of terms and rules in order to help you get the most out of your Princess Cruises experience.
With this card, you will slowly accumulate more and more points over time. At any point, you can claim these points and transfer them into money or discounts.
As we have already mentioned, if you enjoy Princess cruises, this credit card should definitely be up there on your list of considerations.
A Rewards Card
This credit card is essentially a rewards card.
With every purchase made, you will receive a certain amount of points (we will discuss this in more detail later on).
Once you have accumulated enough points, you could receive a number of rewards completely free of charge. You could also transfer these points into cash.
How Does it Work?
So, how does this credit card work exactly? After signing up for the card, you will immediately receive 10,000 points after you use the card for the first time.
After this, you will have to make purchases in order to add to this number. It is important to note that these purchases do not only have to be on Princess cruises.
To be more specific, you will receive 2 points for every $1 spent on Princess cruises. However, you will still receive 1 point if you make any other type of purchase with the credit card.
In this way, it is relatively easy to quickly rack up points and, in turn, rewards or cash.
The Annual Fee
Like a lot of reward credit cards, the Princess Cruises card does not include an annual fee.
In other words, you will not have to pay a fee at the start of every year in order to own the card.
With that being said, there are additional fees and rates to take note of. We will discuss these in further detail later on.
Rewards of this Credit Card
We already know the point system used with this credit card. However, there are a few additional terms to take note of.
You only receive 1 point for every $1 spent until you have accumulated a maximum of 5,000 points. In other words, you can earn a maximum of 5,000 points through regular purchases every year.
On top of this, there is a fee for balance transfers. It is important to note that paying this fee will not earn you any additional points.
If you would like to find out more about the balance fee, be sure to consult their website.
Redeem Your Points
After accumulating a certain amount of points, you may be tempted to redeem a few rewards.
Your points can be used in different ways. For starters, you may want to use them in order to receive discounts on Princess Cruises.
On the other hand, many clients use their points for cash-back.
Benefits of the Card
There are a number of benefits that come with using this credit card. For starters, you will not have to pay any foreign transaction fees on purchases made while traveling abroad.
On top of this, the card includes $0 fraud liability protection. In other words, you will not be held responsible for any unauthorized charges made to the card.
This credit card includes chip card technology. This ensures that your purchases are more secure at chip-card terminals than ever before.
Finally, you will gain access to personal assistance via telephone when signing up for this credit card.
Free Online Access to Your Credit Score
Your credit score is very important for a number of reasons.
If you sign up for this credit card, you will be able to quickly and easily check your credit score through the bank’s official website.
More so, you will receive a notification every time your score changes.
Interest Rates and Charges Summary
We have already mentioned, this credit card does not include an annual fee. However, there are a few other rates and charges to take note of.
For starters, you will have to pay APR on every purchase made using the card. We will discuss this below.
On top of the APR for regular purchases, you will have to pay this interest on balance transfers and cash advances.
However, you will only be charged after the first 15 billing cycles. The APR for cash advances lies at a constant 25.24%.
Your APR
Your APR is determined based on your creditworthiness. In other words, your total monthly income will determine exactly how much interest you will pay on purchases made using the card.
If you have a good monthly income, your APR will be lower.
On the other hand, if your income does not meet a certain standard, you may not even be approved for the card.
Fee Summary
A lot of reward credit cards don’t include annual fees. This means that you will not have to pay a set amount of cash at the start of every year in order to own one of these cards.
In the long run, this is much more convenient and will save you a lot of money.
However, as we have already discussed, you will have to pay a balance transfer fee.
In other words, the bank will charge you a specific amount of money to move your money from one account into another.
Balance Transfer Fee
There are two ways in which the bank can calculate the balance transfer fee.
They could charge you 3% interest on the amount of money transferred between bank accounts.
For example, if you move $10, they would charge you $1. They could also charge you a total of $5. This depends entirely on which value is greater.
Information to Note
When signing up for a credit card, it is very important that you take note of the fine print. You must check your creditworthiness before signing up for this card.
This can be done through the bank’s official website. If you do not meet the financial requirements, there will be no point in contacting the bank.
More so, the benefits that you receive will depend on the type of card that you have.
For example, if you own a platinum card, you will earn more rewards than someone who has a standard credit card. Again, this depends on your creditworthiness.
Your Creditworthiness
The higher your creditworthiness, the better your rewards and benefits will be.
As we have already mentioned, this number is determined based on your monthly income.
The more you earn, the better your credit score.
How to Apply
There are numerous ways in which you can go about applying for this credit card.
If there is a Barclays branch near you, you could simply visit them in person.
If you plan on doing this, it is very important that you have all the necessary documents ready beforehand.
However, it is much easier and more convenient to sign up for the card online.
The Official Website
The official Barclays website can be used to apply for the Princess Cruises credit card.
If you are not yet sold on the card and wish to find out more information, this can be done on the website as well.
How to Contact the Bank
There are different ways in which you can contact the bank. As we have already mentioned, you could simply visit a branch and ask them for any help that you may need.
However, this is usually a long and tedious process, making it much easier to use online services.
Through their official website, you will be able to send their team of customer support staff an email or message. They should reply within the coming days.
You could also give them a call using their general enquiries line: (866) 928 8598. This is their postal address: Card Services, P.O. Box 8801, Wilmington, DE 19899-8801.
Barclays Bank
Barclays bank is one of the biggest and most accomplished banks in the UK. If there is any bank that you should trust with your money, it would be them.
For this reason, if you are looking for a rewards credit card, this option should definitely be up there on your list of considerations.
Summary
The Princess Cruises credit card can be used to receive a number of rewards and benefits. While there is no annual fee associated with the card, there are additional costs that you should take note of.
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.