Important Information about the Carnival™MasterCard® Credit Card Program: Offers may vary. Please review the below and the Terms and Conditions for the reward benefits (such as bonus points and how points are earned), interest rates and account fees and terms for this particular offer before applying.

TERMS AND CONDITIONS

1. Offer subject to credit approval. Benefits will vary depending upon the card for which you are approved. Not everyone will qualify for the World MasterCard. If at the time of your application you do not meet the credit or income criteria for this offer, we may not be able to open an account for you or you may receive a Platinum Card. See Terms and Conditions for information about the account terms and benefits that will apply if you are not approved for a World MasterCard. This offer is available to new Cardmembers only. For information about the rates, fees, other costs, and the reward program rules (including point accrual rate, bonus point awards, etc.) and benefits associated with the use of this credit card program please see the Terms and Conditions.

2. The Carnival Rewards Program offers Cardmembers the opportunity to earn rewards towards purchases made with the Carnival World MasterCard including cruises and onboard charges to Sail & Sign®, Carnival's onboard charge program. Cardmembers that redeem FunPoints® for a cruise or cruise discount will receive it in the form of a credit on their monthly statement. Cardmembers can book their cruise anywhere, pay with the Carnival World MasterCard, and redeem for discounts at www.BarclaycardUS.com. Restrictions apply. Government taxes, fees, and Fuel Supplement may apply. To view program terms and conditions and a list of redemption options, visit www.carnivalfunpoints.com/CVL1. Cardmembers will be responsible for all charges incurred in connection with their cruise (including travel to port of departure). Additional charges may include but are not limited to gratuities, onboard purchases, shore excursions, optional programs, and other charges (alcoholic beverages, soft drinks, laundry, and dry cleaning). An example Cruise Redemption is booking and redeeming FunPoints® for a 5-day Western Caribbean Carnival cruise on August 3, 2010 leaving from the Tampa, Florida Port on Monday, January 24, 2011. The Interior Room Rate per person is $249.00 US Dollars which equates to 23,800 FunPoints®. Other Cruise-related redemption options are available such as onboard spa experiences and merchandise offers beginning at 5,000 FunPoints®. Rates are per person, based on category 4A and above, double occupancy, capacity controlled, and cruise only. Prices subject to change without prior notice. Government fees/taxes are additional per guest. Offer is capacity controlled and applies to new individual bookings only. Offer is not available on all departure dates and ships. Some restrictions (including stateroom/category availability) apply. Ships' Registry: The Bahamas and Panama.

3. Important Balance Transfer Bonus Points Information: 5,000 Bonus FunPoints® will be awarded at the close of the first billing statement in which you make your first purchase or balance transfer and then will be credited to your Carnival World MasterCard account. Balance Transfer Bonus Credits: Earn one (1) Bonus FunPoint® for every one dollar ($1) in balance transfers that post to your new Carnival World MasterCard in the first 30 days after your new account is opened, up to a maximum of 5,000 FunPoints®. If you make a balance transfer you will be charged interest on purchases if you do not pay off your entire balance, which includes any transferred balance, by the payment due date each month. There is a fee for Balance Transfers. Balance Transfer Checks and Convenience Checks do not qualify for balance transfer FunPoints®. See the Terms and Conditions for complete details about this offer.

4. Carnival World MasterCard and Carnival Platinum MasterCard credit cardholders will earn two (2) FunPoints® for every one dollar ($1) of net purchases in eligible Carnival Cruise Lines purchases with the credit card account, rounded to the nearest dollar and one (1) FunPoint® for every one dollar ($1) of net purchases made everywhere else the account is used, rounded to the nearest dollar. Restrictions apply. Please see important information about the Carnival Cruise Lines credit card program in the Terms and Conditions. Balance Transfer Checks do not qualify for points. The Carnival Cruise Lines program is issued by Barclays Bank Delaware.

5. The World's Leading Cruise Lines include Carnival Cruise Lines, Princess Cruises, Holland America Line, Costa Cruises and the Yachts of Seabourn.

This card is issued by Barclays Bank Delaware pursuant to license from MasterCard International Incorporated.

MasterCard is a registered trademark of MasterCard International Incorporated.