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How do deposits/payments work?


TempoGL

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Hello,

My girlfriend and I are looking at booking a cruise over NYE 2020/2021.  I know that it's smart to book early to avoid price increases, but we are not 100% that we will be able to go.  If we book and have to cancel, how much money do we lose?  Can money paid be transferred to a future cruise instead?  I have been watching Matt's live streams but this question has never come up.  (I don't usually have the chance to watch them live so I can't ask him myself)

Thank you!

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If you are considering to sail on a 7 night cruise and you select a refundable deposit the full amount of your deposit will be Fully refunded, But if keep m the non-refundable deposit Royal Caribbean will keep $200 and will issue you $300 as a future cruise credit toward your next cruise.

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Book refundable and you aren't out any money if you cancel before 90 days out.

If you book non-refundable you are out $100 per person and the rest of the deposit is returned in the form of a FCC (future cruise credit) to be used to book another cruise.  Effectively it's a $100 change fee they charge and the remaining money is tied up in Royal Caribbean credit.

The drawback to refundable fare is the difference is often more than the $100 change fee.   

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