FlyerTalk Forums - View Single Post - Risks of taking a credit instead of refund
Old May 10, 2020 | 10:52 am
  #18  
Happy
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Originally Posted by mahasamatman
Our canceled Princess cruise was scheduled to start yesterday. We got the 150% FCC two or three weeks ago - we're just waiting for the taxes, airfare, and the original (now expired) FCD to be refunded.

Celebrity is slower, as we haven't even gotten the 125% FCC yet. That cruise was scheduled to depart two weeks ago.

Both cruises were canceled around the same time in March.
Do you mind to give the ship's name? or itinerary?

Seems the most recent FCC posted even for the Option 1, was only up to early April. Nobody who opts for Option 2 has ever seen their 25% incentive FCC posted, for cruises after Mar 12, the start of the first pause.
There is really no any discernible order to guess if there are any pecking orders.

As time went by more and more people turned to dispute with their banks on the charges - some of the amount tied up seem rather large per posted info, as in the amount of over several Tens of Thousands. So far all disputes are settled in cardmenbers favor. I suspect Princess would not contest those disputes as it has no ground to do so. However this also means whatever tactics it tried to conserve cash, does not work well because cash still being withdrawn, plus the penalty to pay on disputes, plus it may cause it to put up more collateral to payment processors as NCL alluded to in its latest 8K filing. In other words, tying up more cash, at the payment processor level.

Last edited by Happy; May 10, 2020 at 11:16 am
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