Is the Carnival World Mastercard worth it? | February 2018

Review: Carnival® World Mastercard® – February 2018

A great pick for frequent Carnival guests. Modest spenders may want to look elsewhere.

  • Get this card if… you’re a frequent Carnival cruiser.
  • Pick something else if…you don’t travel with Carnival often or you’re not a big spender.
  • Recommended good to excellent credit score of 680 to 850.
Product NameCarnival® World Mastercard®
Intro APR for Balance Transfer0% Intro APR for first fifteen billing cycles (with whichever is greater, $5 or 3% balance transfer fee)
Balance Transfer Rate (not intro)15.24%, 20.24% or 25.24% variable
APR for Purchases ( Purchase Rate )15.24%, 20.24% or 25.24% variable
Annual fee$0
Cash Advance Rate26.49% variable
Card TypeMastercard
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 23 days
Returned Payment Fee$37
Foreign Currency Conversion Fee (MC)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
0% of transaction value
Minimum Interest$0.50
Minimum Credit ScoreFair (660-699)
Minimum Age18 years of age
Annual fee$0
Returned Payment Fee$37
Late Payment Fee$37
Cash Advance Fee$10 or 5% of the amount of each cash advance, whichever is greater
Rewards ProgramBarclaycard Rewards
Bonus Points on Sign-up10,000
Rewards Points per $ spent (VISA/MC)2
Points ExpiryNever

The basics

Barclaycard’s cruise-inspired credit cards generally follow a simple roadmap: few perks to speak of, but no annual fee and lots of points. The Carnival World Mastercard fits that trend.

The signup bonus is a quick reward: You’ll earn it after your first purchase. It’s good for 10,000 FunPoints, worth $100 in statement credit for trips with Carnival and other cruise lines.

Get more points for Carnival purchases

You’ll receive 2x points on all Carnival purchases and 1x points on everything else. Redeem them for Carnival statement credit, discounts, onboard amenities, gift cards and merchandise. Through Barclaycard’s Loyalty Edge, you can also redeem them for airfare, hotels and car rentals.

The more you spend with Carnival, the more statement credits your points are worth. Check out this table to see how far your points can go.

Amount spent with Carnival within the past 180 daysYour points are worth…
$50 to $1,499.991%
$1,500 and more1.5%

Since your points can command a value up to 1.5%, you’ll enjoy a satisfying circle of rewards if you’re a Carnival regular. Not only will you earn accelerated points on Carnival cruises, you’ll also redeem those points for more statement credits.

Amount spent with CarnivalPoints receivedStatement credit valueStatement credit value (percentage)
$1,0002,000$201%
$2,5005,000$751.5%

Is the card worth getting?

Ultimately, this may come down to how much you spend with Carnival. One of the card’s biggest benefits is its 2x points for Carnival spending. If you’re a regular cruiser, you’ll quickly accumulate points to use for future trips. If you don’t travel with Carnival often, you may be better off with a general rewards card like the BankAmericard Travel Rewards.

Carnival World Mastercard vs. other cards

Another consideration is how much you spend yearly. If you’re a modest spender, the Carnival card holds up well against annual-fee travel cards like the Barclaycard Arrival Plus. You may, however, get more out of a no-annual-fee card like the BankAmericard Travel Rewards.

$4,000 in everyday spending
Carnival World MastercardBarclaycard Arrival Plus World Elite MastercardBankAmericard Travel Rewards
Rewards4,000 points ($40 value)8,000 miles ($80 value)6,000 points ($60 value)
Annual fee$0 p.a.$89$0
Total value$40-$9$60
$5,000 in everyday spending; $1,500 in Carnival spending
Carnival World MastercardBarclaycard Arrival Plus World Elite MastercardBankAmericard Travel Rewards
Rewards5,000 points from everyday spending; 3,000 points from Carnival spending (8,000 total; $80 value)13,000 miles from all spending ($130 value)9,750 points from all spending ($97.50 value)
Annual fee$0 p.a.$89$0
Total value$80$41$97.50
$10,000 in everyday spending; $5,000 in Carnival spending
Carnival World MastercardBarclaycard Arrival Plus World Elite MastercardBankAmericard Travel Rewards
Rewards10,000 points from everyday spending; 10,000 points from Carnival spending (20,000 total; $200 value)30,000 miles from all spending ($300 value)22,500 points from all spending ($225 value)
Annual fee$0 p.a.$89$0
Total value$200$211$225

You’ll find that BankAmericard rewards are worth more and doesn’t charge an annual fee, offering more value.

The perks

  • Signup bonus: 10,000 FunPoints. When you make your first purchase, you’ll earn 10,000 FunPoints. That’s enough for a $100 statement credit toward a cruise, flight, hotel or car rental.Eligible cruise lines include Carnival, Costa Cruises, Cunard Line, Holland America Line, Princess Cruises, The Yachts of Seabourn, P&O Cruises, P&O Cruises Australia, Ibero and Aida. You can also redeem your points for merchandise, gift cards and certificates and cruise gifts and amenities.
  • POINTS: Earn FunPoints on all purchases, and more on Carnival purchases. You’ll earn 1x points on everything you buy. On Carnival Cruise Line purchases, you’ll earn 2x points.
  • No annual fee.

You’ll also like …

  • No foreign transaction fees. Use your card internationally without incurring fees.

What to watch out for

  • Potentially high APR. Depending on your credit, you could have a purchase and balance transfer APR as high as 15.24%, 20.24% or 25.24% variable.
  • Higher APR for cash advances. Cash advances come with a 26.49% variable APR.
  • Other fees. The card has balance transfer and cash advance fees.
  • Penalty fees. Late and returned payments can hurt: You’ll pay up to $37.00.

What should I know before I apply?

To apply for the Carnival World Mastercard, you must be at least 18 years old and a US resident. Residents of Puerto Rico and US territories are not eligible.

Always consider your options and your financial situation before you apply for a credit card.

Information you’ll need

  • Full name and contact information
  • Residential status
  • Annual income and employment information
  • Social Security number, date of birth and mother’s maiden name

What credit score do I need?

You’ll have a better chance of approval for the Carnival World Mastercard if you apply with a good to excellent credit score of 680 or higher.

How to apply for the Carnival World Mastercard

1. Go to the Barclaycard Carnival World Mastercard site and click Apply Now.

Carnival World Mastercard step 1

2. Complete the application with details like your name, contact information, employment information and Social Security number. Then click Apply to submit your application.

Carnival World Mastercard step 2

How long will it take to be approved?

Typically, you’ll receive an immediate decision on your application. In rare cases, you may need to wait a few days to a few weeks until Barclaycard manually approves your application.

I got the card. Now what?

  • Make timely payments. Pay your bill online at the Barclaycard website, where you can also enroll in autopay.
  • Avoid interest. After the close of each billing cycle, you have a grace period of 23 days to pay your balance. If you do, you won’t pay interest on your purchases.
  • Avoid fees. Late and returned payments come with hefty fees of up to $37 . Balance transfers and cash advances also come with fees.
  • Customer service. If you have questions, contact Barclaycard customer service at 866-928-8598.

Bottom line

This card doesn’t offer many perks, but it’s the right fit for the Carnival regular. With 2x points on Carnival purchases and a statement credit boost for more Carnival spending, you’ll like it if you spend a lot of time on the seas. If you’re an infrequent cruiser, consider a jack-of-all-trades card like the BankAmericard Travel Rewards.

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