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The terms of this offer seem limited to use when making a new reservation.  What is not clear is whether you would qualify for the credit when making a payment toward a previously made booking.  I have a Carnival cruise booked, but still have a $1000+ balance not yet paid.  Was hoping that I could get the credit upon making a $500 payment (multiple times using multiple cards).  Wondering if anyone has tried this and whether it works or not.

I could just give it a try, but if it does not work, I would use a different card (or gift cards), so was hoping someone already know the answer to this one.  Thanks.

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rated:
It works fine for making a payment on an existing reservation.

I just used it today to pay for a Holland America cruise. The total was just under $2500 and used it on 5 cards, so $500 off. I had my TA call HAL to buy $25 of OBC to get the final card over $500. Got the emails immediately.

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