Royal Caribbean Visa Signature® Credit Card
The Royal Caribbean Visa Signature is a solid no-fee rewards card for anyone who regularly vacations with Royal Caribbean or its sister brands, Celebrity Cruises and Azamara Club Cruises. With the card, you can earn a 10,000-point sign-up bonus after making your first purchase. You’ll also have the chance to earn a $50 discount if you spend $3,500 within 90 days of becoming a card member.
As far as everyday rewards go, don’t expect much. You’ll earn one point per dollar spent on most purchases, but you will get a bonus point, for a total of two points per dollar, with Royal Caribbean, Celebrity and Azamara.
Points are relatively straightforward to redeem, and you should get between one and two cents per point, which is a decent value. Unfortunately, points expire after five years no matter what activity you have on your account. If you don’t cruise at least once every five years, this card may not be the best option for you. Really, this card only makes sense for those who cruise regularly with Royal Caribbean, and specifically if you’re looking to cash in on the sign-up bonus.
Bonuses and Benefits
Knowing what benefits come with a credit card can help you decide if it’s a good fit for you. Here we cover the bonuses and perks that the Royal Caribbean Visa Signature® Credit Card offers and the value of the Bank of America MyCruise® Rewards points you earn.
The Royal Caribbean Visa Signature card has a 10,000-point sign-up bonus after making your first purchase within 65 days of becoming a card member. This 10,000-point bonus is redeemable for $100 in onboard credit with Royal Caribbean. Additionally, if you make at least $3,500 in purchases within your first 90 days as a card member, you’ll receive a $50 discount for Royal Caribbean’s Air2Sea program.
What You Get
- Earn 10,000 points after your first purchase within 65 days of account opening
- $50 discount for the Air2Sea program after spending $3,500 in 90 days
- 2 points per dollar with Royal Caribbean, Celebrity Cruises and Azamara Club Cruises
Royal Caribbean points expire 60 months after being earned if they are not used. This gives you five years from the time you earn points to use them.
The Royal Caribbean Visa Signature card isn’t a great option for everyday earning. That’s because the only bonus earning category it offers is for purchases with Royal Caribbean and its sister brands, Celebrity Cruises and Azamara Club Cruises. For these purchases, you’ll earn two points per dollar spent. All other purchases will earn one point per dollar spent.
Your Monthly Charges
Rewards You Will Earn Annually24,000points$240in dollar value
- Car Rental
- Brand earn
- All Other Purchases
No Foreign Transaction Fees
You can use the card while traveling abroad without incurring any additional fees.
Visa Concierge Service
Access to the Visa Signature Concierge service to help with dining reservations, event tickets and more.
Earn Elite Status Fast
The Royal Caribbean Visa Signature card doesn’t offer the ability to earn elite status with Royal Caribbean.
Fees: the cost of Having the Card
The Royal Caribbean Visa Signature card doesn’t have an annual fee, so you don’t need to spend anything to cover it. Any spending you put on this card will earn rewards that don’t cost you anything. However, you should consider the rewards that you could earn with other cards that may or may not be more valuable.
- Annual Fee
- Foreign Transaction Fee
- Late Payment Fee
- Up to $38
- Balance Transfer Fee
Either $10 or 3% of the amount of each transaction, whichever is greater
Royal Caribbean Visa Signature is a no-fee card. You do not have to earn a certain amount of rewards in order to cover the cost since it’s free. It’s still good to know roughly how much you’ll be earning, though. We’ve broken out our estimates for the first- and second-year net earnings.
These estimates are based on an annual monthly spend of $2,000
Top 5 Benefits of the Royal Caribbean Visa Signature® Credit Card
The Royal Caribbean Visa is a pretty niche credit card offering. If you’re not a semi-regular cruiser, you’re probably not going to get the most out of this card. Here are the top five benefits:
- No Annual Fee: You’ll never have to pay anything for this card. That means all the rewards you earn are essentially free.
- Sign-Up Bonus: You’ll earn 10,000 Royal Caribbean MyCruise Rewards points after making your first purchase within 65 days of becoming a card member. You can also earn a $50 discount with Royal Caribbean’s Air2Sea program after making at least $3,500 in card purchases within your first 90 days.
- No Foreign Transaction Fees: Rest easy when you use this card abroad because you won’t have to pay an extra 3 percent in the form of foreign transaction fees.
- Straight Forward Redemptions: Royal Caribbean has a very clear chart indicating how much different redemptions cost. Additionally, you can redeem on Royal Caribbean’s sister brands, Celebrity Cruises and Azamara Club Cruises.
- Visa Signature Benefits: When you use this card, you’ll get Visa Signature benefits, including lost luggage protection, common carrier travel accident insurance and more.
The Royal Caribbean Visa Signature isn’t a card that makes sense for just anybody. The only way you will get ongoing value out of this card is if you are a regular cruiser. You need to take at least one cruise with Royal Caribbean or its sister brands at least once every five years for it to make sense to keep this card. If you don’t fall into this category, you will lose points because they will expire.
If you’re not a regular cruiser, the main reason to get this card is for its sign-up bonus. If you have a cruise coming up and want a little bit extra in onboard credit, it could make sense to get this card for that reason. Since the Royal Caribbean credit card doesn’t have an annual fee, you can hold onto it and ramp up your use when you know you have a cruise coming up.
If either of the above applies to you, you should still keep in mind that there could be better credit card options that would give you more returns for your spending. If you find a regular cashback card that earns more rewards, you can always use the cash back you earn toward a cruise. Make sure you consider your spending patterns and whether or not the Royal Caribbean credit card is the best option available for you.
Need more info? Check out our frequently asked questions. If you have other questions, please click on “Ask Now” below.
- In order to redeem your points, go to Royal Caribbean website and enroll in online banking so you can access the rewards redemption portal. From there, you’ll be able to review your balance and redeem for rewards. Keep in mind, you need to redeem points at least seven days before your sailing date.
- It depends on your sailing date, not your redemption date. Onboard credit and onboard merchandise redemptions will be applied around two weeks before your sail date. Onboard credit will be posted to your onboard account within 48 hours of your verified ship sailing. Discounts are applied around three months before the sailing date, before final payments are made. Make sure to indicate your booking information in your redemption so the process is not delayed.
- There’s no limit to the number of points you can earn. You’ll always earn two points per dollar spent on eligible Royal Caribbean purchases and one point per dollar spent on all other purchases.
You’ll need good to excellent credit to get the Royal Caribbean Visa Signature card. Most applicants who are approved report having a score of 640 or higher. Keep in mind that your application will not be decided based on your credit score alone. Bank of America will complete a full evaluation before deciding whether or not to approve you for the card and what your credit limit will be.
MyCruise Rewards is Royal Caribbean’s rewards program. You’ll earn points from your credit card spending that can be redeemed toward cruise vacations, upgrades, onboard credit and merchandise. You can also redeem your points with Royal Caribbean’s sister brands, Celebrity Cruises and Azamara Club Cruises.
Before deciding to get the Royal Caribbean credit card, it’s worth comparing it to other credit cards issued by Bank of America, like the Norwegian Cruise Line World MasterCard and the Celebrity Cruises Visa Signature card.
Other Cruise cards
|Celebrity Cruises Visa Signature® Credit Card||Norwegian Cruise Line® World Mastercard®|
|10,000 points||10,000 points||10,000 points|
APR On Purchases
|13.99% to 23.99% Variable±||13.99% to 23.99% Variable±||13.99% to 23.99% Variable±|
Second Year Value
The Celebrity Cruises credit card is a slightly more premium cruise credit card option. In addition to the ability to earn and redeem points, it includes multiple discounts. Some discounts are available once, and others are available on an ongoing basis. With these increased benefits comes a higher annual fee of $69.
The Norwegian Cruise Line credit card is effectively the same as the Royal Caribbean card. However, points are earned in Norwegian’s reward program and can be redeemed for Norwegian cruises. Both cards also offer a 10,000-point sign-up bonus, which is redeemable for a $100 onboard credit with the respective cruise lines.
Compare Royal Caribbean Visa Signature Credit Card to Other Cards
It’s also worth comparing the Royal Caribbean credit card to other cruise line and travel rewards credit cards, including the Priceline Rewards Visa, Carnival World MasterCard and Holland America Line Rewards Visa.
The Carnival World Mastercard offers the same 10,000-point sign-up bonus as the Royal Caribbean card, and the Holland America and Priceline cards have smaller 5,000-point sign-up bonuses. The Carnival and Holland America cards are very similar to the Royal Caribbean card in that they don’t charge an annual fee and they offer two points per dollar spent on cruise purchases. All other purchases earn one point per dollar.
The Priceline Rewards Visa card is a little bit more flexible. It allows you to earn five points per dollar spent on eligible Priceline purchases, including cruises, airfare, hotels and more. You’ll also earn one point per dollar spent on other purchases with the Priceline card. Overall, the Priceline card allows a lot more flexibility and overall better earnings as long as you can find the cruises and other travel you want through Priceline.
Whenever you apply for a credit card make sure you read the terms and conditions of the card and the rewards program to find out about minimum spend requirements and any restrictions to ensure you can successfully obtain the card and earn the rewards it offers.
Excellent credit score
IssuerBank of America
Pay with pointsNo
Loyalty ProgramMyCruise® Rewards
Flights TypeDomestic and International
AllianceNot a member
Card Terms and Conditions
While it's easy to focus on the rewards offered by the Royal Caribbean credit card, it's worth taking a closer look at the terms and conditions. There's a lot to consider as you think about how you're going to use the card. Will you carry a balance, get a cash advance or maybe make a big purchase? Below is a rundown of the various interest rates, purchase protections, security features and mobile banking options that come with this Visa Signature card.
- Intro APR:
- See Terms and Conditions
- Intro APR for balance transfers:
- See Terms and Conditions
- Ongoing APR:
- 13.99% to 23.99% Variable±
- Minimum Grace Period:
- 25 days
Cash Advance Features
- Ongoing APR:
- 16.99% to 25.99%, based on your creditworthiness when you open your account, for Direct Deposit and Check Cash Advances, and 25.99% for Bank Cash Advances
- Cash Advance Fee:
- Direct Deposit and Check Cash Advances: Either $10 or 3% of the amount of each transaction, whichever is greater. ATM, Over-the-Counter, Same-Day Online and Cash Equivalent Cash Advances: Either $10 or 5% of the amount of each transaction, whichever is greater
Security and Protections
The Royal Caribbean Visa Signature card offers standard security features, including a mobile banking app, EMV Chip + Signature Technology and the peace of mind that you’re never liable for fraudulent activity.
- Mobile App:
- Track your account activity and spending with the Bank of America mobile app while you’re on the go.
- Emv Chip And Signature Technology:
- Get global acceptance and enhanced security at merchants that use chip enabled terminals.
- Account Alerts:
- Stay on top of your balances and due dates with account alerts. You can choose between several types of custom email or text alerts and let your phone tell you when payments are due and paid.
- Overdraft Protection:
- An optional service to help prevent declined purchases, returned checks or other overdrafts when you link your eligible Bank of America checking account to your credit card.
Bank of America offers a mobile banking app so you can check your account activity, spending and get bill due and payment alerts while you’re on the go. The Royal Caribbean Visa card is also compatible with Apple Pay, Android Pay and Samsung Pay.
Additional Cardholder Benefits
Visa Signature Travel Benefits
- Auto Rental Collision Damage Waiver:
- Coverage for theft and collision for most rentals in the U.S. and abroad. Coverage is secondary to your personal insurance.
- Lost Luggage Reimbursement:
- Get up to $3,000 per passenger for damaged or lost bags. Coverage includes cardholder and immediate family members on the same travel itinerary.
- Travel and Emergency Assistance Services:
- Legal and medical referrals, and other travel and emergency assistance is available any time of day. Service charges apply.