Note: My understanding is that bonus points of this card are just regular BofA WolrdPoints This means that they can be redeemed for cash rewards (10,000 points for a $80 cash reward check). See more info about redemption of BofA WolrdPoints here, here, and here .
NCL website states the following:
Redeem Your Rewards For:
* Exclusive redemption opportunities for last minute sailings, and other special cruise offers
* Stateroom upgrades, travel discounts and on-board credits
* Any of the other rewards available exclusively to WorldPoints cardholders
* Car rentals, hotel stays, name brand merchandise or gift certificates to over 100 top retailers - you choose the rewards that matter most to you
You will qualify for 10,000 bonus points if you use your new account to make at least one purchase, balance transfer or cash advance transaction with your new Norwegian Cruise Line WorldPoints MasterCard credit card by no later than the closing date of the second complete billing cycle ending after your account is opened (transaction fee may apply). Limit one (1) bonus points offer per new account. This one-time promotion is limited to new customers opening an account in response to this offer. Allow 6-8 weeks for bonus points to post to your account after qualifying. This promotion is provided by Bank of America and Norwegian Cruise Line.