Cruise Tip: Cruise Price Dropping After Final Payment

I get asked this question a lot, “If my cruise price drops will I get the lower rate?”

The answer in the past was, yes.  But the cruise lines have recently changed that policy.

Here are the price reduction policies for the major cruise lines.

Please note, these policies can and do change at any time!

Carnival Cruise line–

  • If you find a lower rate and it is before your final payment date (outside of penalty) they will honor the lower the rate.  If the prices drop after your final date (when cancellation penalties apply) they will NOT honor the lower rate or issue any kind of refund. Do contact your personal cruise guide as sometimes there can be circumstances that you are able to receive an upgrade for the difference in the fare; this is determined by the ship, sailing date, availability,  and pricing so not all cases can take advantage.
  • However, if you have reserved early enough and booked Carnival’s ‘Early Saver Rate’ they will re-price your reservation and honor the lower advertised rate up to 2 days prior to sailing.  The Early Saver Rate rewards those who book early, and is usually the lowest cruise price (up to 25%off!) offered when booking at least 6 months in advance.  There are restrictions to this rate, such as a non-refundable deposit and administrative fees for any changes. But you will have a lower rate and again if the rates drop after the final payment they will re-price the booking.

Norwegian Cruise Line –

  • If you find a lower rate and it is before your final payment date they will re-price the reservation.  If the prices drop after your final date (when cancellation penalties apply) they will NOT honor the lower rate or issue any kind of refund. Again, call your personal cruise guide, in some instances (if there is plenty availability) you are able to receive an upgrade or other form of compensation for the difference in fare; this is determined by the ship, sailing date, availability,  and pricing so not all cases can take advantage.

Royal Caribbean –

  • If you find a lower rate and it is before your final payment date they will re-price the reservation.  If the prices drop after your final date (when cancellation penalties apply) they will NOT honor the lower rate or issue any kind of refund. However, they do look to see if they can upgrade you to a category of equal value.

Princess Cruises –

  • If you find a lower rate, they will re-price both before AND after your final payment date. The only rate they will not re-price is a“Flash” promotion.  These ‘Flash’ Rates offered by Princess are 100% non-refundable, lower rates that are usually available when booking about 6 months in advance.   Ask your agent if you are getting a ‘Flash’ rate when making your reservation.

Please note, that all of the cruise lines will NOT honor a lower a rate if that is a promotional fare they are advertising for new bookings only. For example, if you book a Royal Caribbean sailing for October now, and in 2 months they have a ‘WOW’ (one or two day) sale, you would not qualify for that rate or promotional offers.  Those special offers are based on new bookings only. Unfortunately you cannot cancel and re-book, they are able to track this and if that has happened you could potentially face paying the higher rate on day of sailing.

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