Review: Princess Cruises Credit Card

princess-cruises-credit-cardPrincess Cruises cruise line, in partnership with Barclays Bank, offers a credit card that allows you to earn points toward future Princess cruises or on-board credit. Our overview / review of the card is below:

The Princess Cruises Rewards Visa Card can be used anywhere Visa is accepted. It earns you points based on the following formula:

  • 2 points per dollar charged to the card for Princess purchases, including onboard the ship
  • 1 point per dollar when you use the card anywhere else.

You’ll also get an upfront bonus of 5,000 extra Princess points just for using the card for the first time.

Princess Points can be used for free or discount cruises, onboard credit, Princess merchandise, airline tickets and more. In most cases, each Princess point is worth 1 penny, though the value does increase for some of the bigger rewards if you really save up your points.

In addition to the reward angle, the card offers a decent interest rate for those with good credit (as low as 14.99%), though your rate could be as high as 24.99% if your credit history is not so hot. If you don’t have a good credit history and you tend to carry balances on your credit cards, you’ll want to steer clear.

However, if you always pay off your cards in full and on time, and if you are a Princess fan (or a fan of cruises in general), this could be a nice credit card for you. If you’re convinced this is the card for you, you can apply via this online application.