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Booking next cruise aboard ship deposit


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When I have looked into this it seems the 2 major advantages are reduced deposit and ship credit. The ship credits don't seem high enough to be an incentive, because I could get more than that booking in other ways. But that together with reduced deposit may be if that means that that is all I will lose if I cancel? My question essentially is, if I only have to pay $25 deposit per person (for example) verses $100 per person deposit for same cruise does that mean I only lose that $25 per person if I cancel (assuming I's in the window of no additional penalty)?

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