RCI owns no resorts, it is simply an exchange business, and an exceptional one at that, but I appear to have better luck in exchanging, using my RCI Points. However for certain areas where someone wants outright 100% assurance of remaining in a particular resort at a specific time, that person can just accomplish that 100% assurance by owning in that resort during the week(s) preferred.
For those individuals, RCI Points is an excellent choice. Most likely the least known feature of RCI Points is that traditional timeshare "weeks" owners may have the opportunity to utilize what they already own, not as weeks, but as RCI Points, by utilizing the RCI Points For Deposit program. I use this program myself to be able to utilize RCI Points with my ownerships in non-points resorts.
The points can be exchanged through RCI for shorter or longer vacations in any system size wanted, as well as for travel-related items, including air travel, cruises, automobile rental, and hotel bookings. If you desire to stay somewhere there is no timeshare, you can use your points for hotels. Or, possibly you simply wish to use your points for cruises or airline company tickets, or cars and truck rentals, or any combination thereof.
The points can be invested much like dollars and every year you get your new annual allotment of indicate invest. Let's say you own 36,000 points a year If you use your points on RCI Immediate exchange (45 days of less in advance of travel date), it only takes 9,000 points to remain a full week in a 2 or three bedroom apartment with full kitchen.
If your upkeep fee is $800 for the year that suggests your expense for the four weeks vacation is $200 per week (how to buy a timeshare resale). ($800 divided by 4). Now you know why RCI cancel timeshare after rescission period Points are so popular. RCI points can be made use of by calling the RCI 800 number, or logging into the RCI website if you have an account setup Any usage of RCI Points includes being able to validate an exchange OTHER THAN for use in your own resort.
The term for non-timeshare products is RCI Points "Partners", and you can access the alternatives for usage by calling the RCI 800 number, or logging into the RCI website! RCI Points fees selling your timeshare chart is found here: RCI Points Charges Chart You will have two RCI accounts however only one yearly subscription cost.
Some Of How Does Wyndham Timeshare Work
You can utilize your weeks account and your points account as separate transactions. Also if you own your weeks in specific resorts that certify, you may be able to deposit your weeks and use them as RCI Points. This question makes an invalid assumption that the only way to own RCI Points is to "transform" a weeks ownership to a points ownership.
As Missouri timeshare company I discussed previously in this short article, I think it is a good idea to own both RCI Weeks AND RCI Points for the reasons already mentioned. RCI Points is a really broad and included topic. This short article hardly touches the surface, but ideally it helps, for a more detailed guide of RCI Points, you can read this post: RCI Points vs RCI Weeks A contrast chart of all the major Timeshare Point Systems ownership programs it is offered here! Visit the Timeshare Users Group Exchanging Discussion Forum where 10s of countless owners collect to give and get help 24 hours a day.