Well that makes sense why there is still a date of August 30th now. I'm amazed they haven't trained the advisors better at this point.........
Jan
Jan
...my June 30th date for banking changed to August 30th (August 31st)and my September 30 date for turning in weeks for points went to November 30th(October 31st). I can still call 13 months out for as little as 1 night (no change). I asked about the 2 year banking and it appears the length of banking hasn't changed - 2016 points would be good until 12/31/17(12/31/18).She said it is just automatic now. If that is so, why do we need to even worry about that new August 30th date?
Jan
Perhaps by "automatic" they mean that when you bank, the points are automatically banked for two years instead of one? You don't need to call again next year to bank for the second year?
Reservations cancelled 61 days or more prior to the check-in date are returned to the Owner’s account and may be used again prior to the (banked) expiration date. However, in the case of an Advance Priority Reservation, the Points required as the premium for the reservation will be returned to the Owner’s Holding Account and subject to the restrictions on Holding Accounts.
If, the owner cancels a reservation from 60 to 1 days prior to the check-in, the Points will be returned in to the Owner’s Holding Account, but they would still have until the (banked) expiration date to use them, and the Points used for the premium for an Advance Priority Reservation will be forfeited.
The Owner’s Discount can no longer be combined with any other discounts or offers.
MVW has responded to the few questions raised in this thread that I brought to their attention, and given their permission for the responses to be quoted on TUG.
It was pointed out to them that two TUGgers got contradictory responses as to the rules following cancellations of reservations made with Banked Points, and that neither response appeared to make any sense. Their response, applicable to all three 12/18/24-months Banking periods:
*********
After receiving a response in February that the 10% Chase Marriott VISA component would still be in effect for discount cash stays following the new status tiers, I questioned why we weren't seeing any related codes and why the reps weren't saying the same thing I'd been told. The contradiction was acknowledged but this is the most recent response my contact has gotten:
This isn't a surprise because of what we've been seeing but it's disappointing all the same. As follow-up I've asked if this is a Chase or MVW directive, and if there will be an effort to reinstate a similar component. I'll let you know when/if they respond.
The Points FAQ will be edited to reflect these items.
This wasn't really the answer I was looking for. Seems more like a cop out answer. They really didn't say anything that wasn't already in the terms and conditions. Why not just say the additional Visa discount no longer applies? I get the impression that they goofed up big time on this and don't really know what to say. They can't seem to explain why it was taken away.
In the past, it wasn't like one was combining two discounts when they used MOD, there were just two available rates. One for holders of the MR Visa and the other without.
I noticed today after adding a guest's name to a reservation that our DC status tier is still indicated on the confirmation issued by Owner Services as "Premier Plus" rather than the change effective April '15. It's not a big deal but I'm wondering if others are seeing the same type of thing?
I just checked a recent DC point reservation I made and the confirmation does not show any status....where is it on the form?
Also, to add a guest name do you have to call Owner Svc or can that be one online?
Thx
Yes I just checked my Grande Ocean that I rented and it is still there also - I'm "Gold Elite".
***Note with the OP's permission this post and replies to it have been moved from the Global points system thread where possible changes to the DC status tiers were first discussed.*** <--- SueDonJ
All,
Here is the info on the new levels. They've created four new levels:
Select (4,000 - 6,999 points)
Executive (7,000 - 9,999 points)
Presidential (10,000 - 14,999 points)
Chairman's Club (15,000 points +)
It looks like Executive (the new 7,000 point level) is effectively the same as the old Premier Plus. Everyone with Premier is now grandfathered into Executive. This is an important change for the former Premier owner.
The new Chairman's Club (the new 15,000 point level) has two years for banked points, and an extra month for the decision to bank (ie, October versus September). Premier Plus is grandfathered to CC.
Presidential -- in between Executive and Chairman's Club -- provides points to be banked for 18 months and also allows the extra month for the banking decision.
I don't think the changes are that significant -- most interesting is the expansion of 1+ day reservations 13 months out (the best thing about Premier Plus) is now extended down to Executive. That's a powerful feature for Executive, just as it used to be for PP.
Best,
Greg
I wasn't able to quickly find an answer to this in searching threads:
Are resale points not recognized or recognized differently than developer points with respect to Vacation Club elite levels?