Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Royal Caribbean® Visa Signature® Credit Card review

Last updated:  

Bonus points at signup are generous, but rewards for spending are weak compared with other travel cards.

  • Get this card if… you cruise with Royal Caribbean, Celebrity Cruises or Azamara Club.
  • Pick something else if…you want more options in redeeming points for rewards.
  • Recommended excellent credit score of 670 to 850.

$100

Welcome offer

Up to 2x

Points

$0

Annual fee

14.99% to 22.99%

Purchase APR (variable)

Details

Product NameRoyal Caribbean® Visa Signature® Credit Card
Card typeVisa
Annual fee$0
Purchase APR14.99% to 22.99% variable
Balance transfer APR14.99% to 22.99% variable
Balance transfer fee$10 or 3% of the transaction, whichever is greater
Cash advance rate19.49% to 24.49% variable
Cash advance fee$10 or 5% of the cash advance amount, whichever is greater
Penalty APR29.99% variable
Foreign transaction feeNone
Interest free periodUp to 25 days
Late payment feeUp to $40
Returned payment feeUp to $29
Additional cardholder fee$0

Expert review

Julia Cameron

Review by


Julia Cameron is a writer and editor who has experience in finance, mergers and acquisitions, content marketing and immigration law. She has a passion for interior design and an affinity for Old Florida, where she lives with her family.

Expert review

The Royal Caribbean® Visa Signature® Credit Card could work well for you if you’re one of those lucky people who plan to cruise with Royal Caribbean: The easily earned 10,000 MyCruise bonus points equal $100 in onboard credit. On board Royal Caribbean, Celebrity Cruises and Azamara Club, you’ll earn 2x points for qualifying purchases. But everyday spending earns you just 1x points toward future travel.

The no annual fee works in your favor, as does the card’s $0 overseas transaction fee. You’ll also receive a $50 Air2Sea airfare discount if you spend $3,500 on purchases in the first 90 days of account opening.

How to apply for the card

  1. On the Royal Caribbean® Visa Signature® Credit Card website, click Apply Now.
  2. Provide your personal information and financial details. Click Review your information.
  3. Confirm that your information is correct and submit your application.

How long will it take to be approved?

Bank of America’s online conditional approval system informs you of your application’s status nearly immediately.

Among a series of travel cards offered by Bank of America is the Royal Caribbean® Visa Signature® Credit Card, offering rewards toward credits, excursions and more with Royal Caribbean and its sister brands.

It’s smooth sailing at the start, with 10,000 MyCruise points with any purchase made in the first 90 days of account opening. But with 2x points for purchases with Royal Caribbean and 1x points for all other spending, you can find stronger rewards with other travel cards.

The perks

  • Signup bonus.

    Get 10,000 MyCruise points after your first purchase within 90 days of account opening, as well as a $50 Art2Sea discount when you spend $3,500 in the first 90 days — easily earned if you haven’t yet bought tickets for your upcoming cruise. Your points are credited to your account 6 to 8 weeks after you qualify for the card.

  • Points rewards.

    Earn 2x points on qualifying purchases with Royal Caribbean, Celebrity Cruises and Azamara Club. All other purchases fetch you 1x points.

  • Redeem points.

    Redeem points through MyCruise Rewards for cruise vacations, onboard credit, stateroom upgrades, discounted companion fares and more on Royal Caribbean, Celebrity Cruises and Azamara Club.

  • $0 annual fee.

    The Royal Caribbean® Visa Signature® Credit Card comes with no annual fees for life.

  • 0% foreign transaction fees.

    When you use this card outside of the US, you’ll pay no foreign transaction fees.

You’ll also like …

  • Visa Signature benefits.

    Get auto rental collision damage waiver, roadside dispatch, travel and emergency assistance services and round-the-clock access to Visa Signature Concierge.

  • Security and protection.

    The card comes with chip technology for enhanced protection and offers a $0 liability guarantee for fraudulent transactions.

  • Points good for five years.

    You’ll have up to 60 months to use your MyCruise points before they expire, giving you plenty of time to plan your next sea adventure.

Compare credit cards with cruise benefits

Name Product Welcome offer Rewards Annual fee Filter values
American Express® Gold Card
60,000 points after spending $4,000 in the first 3 months
3x points on directly-booked flights; 4x at restaurants; 4x at US supermarkets on up to $25,000 annually (then 1x points)
$250
Earn up to 4x points on select purchases, a bevy of travel perks, and a welcome offer worth up to $600 with this upper-mid tier travel card. Rates & fees
Chase Sapphire Preferred® Card
60,000 points after spending $4,000 in the first 3 months, a value of up to $750 through Chase Ultimate Rewards
5x points on Lyft, 2x points on travel and dining and 1x points on all other purchases
$95
Earn a signup bonus worth $750 with this popular travel card. Combine with other Chase Ultimate Rewards cards for even greater value.
The Platinum Card® from American Express
100,000 points after spending $5,000 in your first 6 months, plus 10x points at US gas stations and US supermarkets on up to $15,000 in combined purchases in the same timeframe
10x points at US gas stations and US supermarkets on up to $15,000 combined in the first 6 months, 15x points on directly-booked flights or on flights and hotels on Amex Travel. 1x points on all other purchases. Starting January 1, 2021, your 15x points on flights will be capped on up to $500,000 annually (then 1x points).
$550
One of the most valuable premium travel cards, featuring two welcome offers worth up to $4,500, multiple travel credits and unrivaled lounge access. Rates & fees
Chase Sapphire Reserve®
50,000 points after spending $4,000 in the first 3 months
10x points on Lyft rides, 3x points on dining and travel after earning your $300 travel credit and 1x points on all other purchases
$550
Get a generous $300 in annual travel credits, 3x points on travel and dining, and a 50% bonus on point redemptions with Chase's premier card.
Chase Freedom Flex℠
$200 after spending $500 in the first 3 months, plus 5% cash back at grocery stores on up to $12,000 in the first year
5% back in rotating categories up to $1,500 combined each activated quarter (then 1%), 5% on travel purchased through Chase, 3% on dining and drugstores, and 1% on all other purchases
$0
Get 5% back on purchases made through the Chase Travel Portal, making this a strong travel card as well as a solid everyday rewards card.
loading

Compare up to 4 providers

What to watch out for

  • Weak rewards program.

    Loyalty benefits are overwhelmingly for one thing: high-end cruises. You’ll find better general travel rewards with other cards.

  • Penalties.

    A late payment can set you back by $40 and accrue a long-time penalty APR of up to 29.99% variable. Returned payments come with penalties of up to $29.

What to know before you apply

Apply for the Royal Caribbean® Visa Signature® Credit Card if you’re:

  • At least 18 years old.
  • A US citizen or permanent resident.

What credit score do I need?

The chances of your application’s approval increase with an excellent credit score of 670 or higher.

I got the card. Now what?

  • Turn to online banking. Use Bank of America’s online banking platform to pay your statement and check your available credit 24/7.
  • Avoid unnecessary interest. Bank of America gives you 25 grace days after each billing cycle to pay for your purchases with no interest
  • Avoid fees. Late and returned payments come with stiff penalties of up to $40. Balance transfers come with fees as well.
  • Customer service. Speak to a customer service representative at 800-732-9194 or get online assistance via Ask Jenn. You can also connect with BofA on Twitter @BofA_Help or Facebook @BankofAmerica.

Bottom line

Getting the Royal Caribbean® Visa Signature® Credit Card makes sense only if you’re the cruising kind and use the services of Royal Caribbean, Celebrity Cruises or Azamara Club. Otherwise, you’ll find better rewards credit cards — overall and brand specific — out there.

Common questions about the Royal Caribbean® Visa Signature® Credit Card

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.

8 Comments

  1. Default Gravatar
    Diane
    July 24, 2018

    We have reserved a cruise on Royal Caribbean for 2019. We have not made final payment but plan on doing so with the Bank of America/Royal Caribbean Visa card. Do you know if that purchase would be considered a qualified purchase from Royal Caribbean?

    • Avatarfinder Customer Care
      nikkiangco
      July 24, 2018

      Hi Diane!

      Thanks for getting in touch!

      Yes, when you book a cruise on board Royal Caribbean, Celebrity Cruises, and Azamara Club, you’ll earn 1x points for qualifying purchases.

      Please carefully read the information above that says “THE PERKS”.

      Hope this clarifies!

      Cheers,
      Nikki

  2. Default Gravatar
    John
    May 14, 2018

    If I apply for a card and make my first purchase as soon as i get it will i be able to use the onboard $100 credit when I cruise between 5/20-5/27?

    • Default Gravatar
      Ash
      May 15, 2018

      Hi John,

      Thank you for visiting finder.

      Once you have made your first purchase upon card approval, the 10,000 MyRewards points will be credited to your account in 6-8 weeks. You may then redeem the $100 onboard credit as soon as the 10,000 MyRewards points has credited to your account once you qualify.

      You may not be able to use the $100 onboard credit on your scheduled cruise as it will take at least 6 weeks for the Bonus MyRewards points to reflect on your account.

      I hope this helps.

      Let us know if there is anything else that we may assist you with.

      Cheers,
      Ash

  3. Default Gravatar
    Ron
    March 3, 2018

    What is the minimum purchase to get the $100 shipboard credit and 10,000 points?

    • Avatarfinder Customer Care
      Ron
      March 29, 2018

      Hello Ron,

      Good day! Appreciate you contacting finder regarding your inquiry today.

      Get 10,000 MyCruise points after your first purchase within 65 days of account opening, as well as a $50 Art2Sea discount when you spend $3,500 in the first 90 days — easily earned if you haven’t yet bought tickets for your upcoming cruise. Your points are credited to your account 6 to 8 weeks after you qualify for the card. Please note that the 10,000 MyCruise points equal $100 in onboard credit.

      Hope this helps!

      All the best,
      Ron

  4. Default Gravatar
    Audrey
    July 29, 2017

    I already have a banking account with Bank of America. How do I get a Royal Caribbean Visa Signature® Card? What is the fee? what are the perks? ie, 10,000 points for enrolling. Does the card have protection, security, fraud, . What about travel insurance- lost baggage?medical protection while travel?

    • Avatarfinder Customer Care
      Harold
      July 30, 2017

      Hi Audrey,

      Thank you for your inquiry.

      1. To apply for this card you must:
      – At least 18 years old.
      – A resident of the US.

      2. Fees that may apply
      – Annual fee $0
      – Returned Payment Fee $27
      – Late Payment Fee $38

      3. Security and protection. The card comes with chip technology for enhanced protection and offers a $0 liability guarantee for fraudulent transactions.

      4. Signup bonus. Get 10,000 MyCruise points after your first purchase in 65 days of account opening as well as a $50 Art2Sea

      I hope this information has helped.

      Cheers,
      Harold

Go to site