Biennial contract

[Campbell Vaughn]

Is this correct? With the update, if an owner has a 205000 point biennial contract and an annual 305000 contract, he/she will no longer be able to pool together 100000 points from biennal contract with the 305000 contract and have 405000 points to use each year?

 

[ronparise]

the way I first read it is that you can move all of your points or a portion of your current years points to a future year

so if you have an eoy year 205000 point contract you could take 100000 points and move them to 2019 and have a 405000 point vacation and leave 105000 in 2018 to have a 410000 vacation in 2018

but I see how you could read it differently

 

[paxsarah]

As a person with a big biennial disparity, I read it the way Ron does. What in the language of the new policy would suggest otherwise?

 

[Campbell Vaughn]

As a person with a big biennial disparity, I read it the way Ron does. What in the language of the new policy would suggest otherwise?

I read so much, info overload, I confused myself. No better place for a clear answer.

 

[paxsarah]

Whew. I'm glad that there's not a reading that assumes the new Points Deposit feature is even more limited than it seems. I'm going to need to figure out the best way to use it, because my odd years have a ton of points and my even years just a few.

 

[ausman]

I have pooled in the past. For my calendar 2018 points I read it that I can deposit 50% of them in 2019 and 50% in 2020 use years.

 

[uscav8r]

the way I first read it is that you can move all of your points or a portion of your current years points to a future year

so if you have an eoy year 205000 point contract you could take 100000 points and move them to 2019 and have a 405000 point vacation and leave 105000 in 2018 to have a 410000 vacation in 2018

but I see how you could read it differently

As a person with a big biennial disparity, I read it the way Ron does. What in the language of the new policy would suggest otherwise?

So the question remains: will a Points Deposit (and associated fee) be required to accomplish this? My guess is, yes, but I have no experience with biennial contracts.


Sent from my iPhone using Tapatalk

 

[ausman]

Yes it will - says so in the new supplement, $39 online or $49 with a Vacation Guide.

 

[bendadin]

As a person with a big biennial disparity, I read it the way Ron does. What in the language of the new policy would suggest otherwise?

Are you going to try to balance it? I'm a bit lopsided myself.

 

[paxsarah]

Are you going to try to balance it? I'm a bit lopsided myself.

Up until now we haven't had a problem with our imbalance. Our biennial points are in Myrtle Beach, so it allows us to have a splurgey summer beach vacation in the odd years if we want to, although we actually have never booked anything up to the limits of our available points for ARP, but the idea was that we could bring relatives, etc. And then we've typically put the rest in the pool. I think we'll probably try to make it through the 2019 cycle with what we have and see how it goes. One thought that crossed my mind is that in a worst-case scenario, a summer MB reservation would probably be fairly easy to rent and at least break even if not make a few bucks.

Although I am left with a couple of questions that may influence my decision:

1. Will Points Deposit points be able to be deposited into RCI? We still like our DVC exchanges. I can see why they don't allow the current Credit Pool points to be deposited to RCI, because you've extended them up to three years and they don't want you to extend them for two more. But the Points Deposit feature, although it allows you to move your points, still only gives you one year of use, so I would argue that it's reasonable to allow you to extend in RCI. If they would listen to my argument.

2. How will the system handle the Myrtle Beach reciprocal ARP? We own at a couple of different resorts/HOAs, and in the past have been able to combine those points for ARP reservations (though each time, the front-line person I talked to didn't think it could be done, it ultimately could be). Hopefully I can start testing the system on that by this December with our 2019 points, if someone else doesn't before then. If we can't combine those separate contracts for ARP, it may be worth it to change our ownership around.