FlyerTalk Forums - View Single Post - Risks of taking a credit instead of refund
Old May 4, 2020 | 11:38 am
  #7  
freecia
All eyes on you!
20 Years on Site
 
Join Date: Oct 2003
Posts: 2,546
Originally Posted by YVR Cockroach
In addition to all above comments (many of the wiser on Cruisecritic have long said FCC holders are future creditors), those who are rebooking have found future cruise fares are higher for the same itinerary, so the 25% or whatever incentive is all clawed back (and then some)..
I have a few old onboard future cruise deposits I'll be moving out of 2021 when things settle down and probably not booking anything firm for a few years. It can always be moved back to a solid booking if something appeals. It was easy for me to decide refund rather than FCC even if the cruise line is operating in a few years. "Making" 25% on something you can't easily pull out of for one to two years "investment" isn't my idea of a good investment in this price range. Good luck trying to get FCC converted to a cash refund later this year if the company shows significant instability since it is taking the initial cancellation batch well over 30 business days to see a refund.
freecia is offline