The Carnival MasterCard from Barclaycard is a unique travel rewards credit card that allows individuals to accumulate points that can be used toward cruises. There are a number of ways to earn points and it is even possible to eliminate all or most of the cost of a cruise when redeeming them.
The Carnival MasterCard from Barclaycard is a unique cash back rewards card that rewards individuals for their everyday spending and spending with Carnival. When a cardholder uses their card, they earn 2 FunPoints for every $1 spent on Carnival Cruise Lines purchases, which includes onboard purchases charged to Sail & Sign. Because MasterCard is used all over the world, cardholders earn 1 FunPoint for every $1 spent everywhere else.
After FunPoints are accumulated, they can be redeemed for Carnival cruises and trips through other world Leading Cruise Lines. This may enable you to take the vacation you never had or to repeat your vacation again and again as you earn points.
In addition to the point rewards, the card has no annual fee. This means that there is no cost to take advantage of the rewards. Opposed to other rewards cards, this is significant in that this is like having the opportunity to gain rewards for free, excluding the APR on the card.
When the card is received, there is an introductory APR for purchases and balance transfers. This introductory APR lasts for a specific amount of time and it gives cardholders the opportunity to earn rewards points redeemable for Carnival cruises without having to pay for the interest or pay very little interest, depending on the type of introductory offer Barclaycard is making.
While balance transfers do not accumulate FunPoints, the introductory APR makes transferring the balance from a higher card much more affordable. Because of the reasonable APR after the introductory period is over, it can still be more affordable to transfer balances from higher cards to the lower interest card.
When it comes to cash advances, they also have their own APR. Both balance transfer and cash advances have a fee associated with the transaction. Even if the APR for a balance transfer would be 0 percent, the fee still applies.
If a late payment is made, there is a penalty APR that is higher than the standard variable rate of the card. Barclaycard reserves the right to impose this penalty APR indefinitely.
Once all introductory periods are over, the card APR increases to the standard variable APR, which is based on the Prime Rate and creditworthiness. If you wish to avoid paying interest on the card completely, you have 23 days after the close of the billing cycle to pay the card balance in full. Doing that saves a lot of money in interest while allowing you to still take advantage of your rewards points.
The rewards points, also known as FunPoints, can be earned in one of two ways. One point can be earned for every dollar spent anywhere, but two points can be earned for every dollar spent with Carnival Cruise Lines. Onboard purchases that are charged to Sail and Sign will count toward the card.
When you sign up for the card and use it for the first time, you do receive bonus points. You also receive bonus points if you do a balance transfer over a specific amount. All of these points can then be redeemed toward your next cruise.
The fees are rather simple. As stated before, there is no annual fee. There are, however, fees attached to balance transfers and cash advances. The fee is a minimum dollar amount or a specific percentage, whichever is greater. The fee is charged in addition to the APR associated with such transactions. If the APR is 0 percent because it is an introductory APR, the fee still applies.
The second fee is the late payment fee. If a payment is made late, then this fee will be assessed to the account. In addition to this fee is the penalty APR, which could be indefinite. If the payment is returned, then there is a returned payment fee. The late and returned payment fees can vary from cardholder-to-cardholder based on the state they live in. There are certain states that cap the amount a late fee can be.
Ease Of Use
The ease of use is another attractive aspect in that both customer service and online account management makes maintaining the account much easier. When you call customer service, you can call when it is convenient to you. You are able to check your balance, check available credit, see due dates, manage your points, and much more. Through online access, you can do all of these things in addition to seeing your statements on a screen in front of you, making your payment at the push of a button any time you want to, and making sure that everything is okay with your account. Online account management is one of the most effective ways to find fraudulent activity on your account. If you suspect fraudulent activity, then you should notify Barclaycard as soon as you notice it so that the issue can be addressed as soon as possible.
While you are effectively managing your account, you can continue to spend money on the card to accumulate points. It is very possible to earn enough points to take a cruise for free. For those that love to cruise or are cruising for the first time, this creates the opportunity to have the experience of a lifetime without spending a fortune to do it. This is a way to take a vacation with a friend or significant other or the entire family through Carnival and other World Leading Cruise Lines.
The Carnival MasterCard from Barclaycard provides an opportunity to avoid interest while accumulating points that can be used toward cruises. This is essentially the same as getting money off of a cruise for free, depending on how the card is managed. Regardless, cruises can be had at a discount and that means having a great time on the open seas without the cost.