Posted below are the current rules for use. One of which I will expand on after;
Terms and Condition for the Certificate
1. Valid for new bookings only
2. Only one certificate will be applicable per stateroom
3. Not combinable with Friends & Family, Interline, Travel Agent Rate or restricted fares
4. Certificates Issued Prior to 1/04/11: Certificates must be redeemed within 48 months from date of issue; based on previous terms, there may be 60 month certificates still in circulation.
5. Certificates issued 1/07/11 and beyond: Certificates must be redeemed within 24 months from date of issue and guests must sail within 36 months from date of issue = book within 2 years/cruise within 3 years.
6. Applicable to Group bookings
7. Deposit is refundable however non-transferable
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I have verified today that rule number 1. has some flexibility in that they can be used as long as the booking is outside of penalty and before final payment. I am also happy to report I was told the current processing time is 7 - 10 business days. This is a vast improvement over the backlog they had going on last year. Also they still must be sent by certified mail.
I hope the tax man is kind to me as I want to buy 2 on my next cruise.
Dwayne