Timeshare Users Group Forums
TUG Links external to TUG BBS:    TUG Home| TUG Resort Databases| Marketplace | TUG Help | Advice | Join TUG  

Timeshare Users Group Bulletin Board
Go Back   Timeshare Users Group Forums > Timeshare Resort Systems > Wyndham Resorts
Log into the TUG BBS:

Wyndham Resorts Discussion of Wyndham Timeshare Systems: Club Wyndham, Wyndham Asia Pacific, Shell Vacations, Equivest, Pahio, Trendwest & Cendent

GLOBAL ANNOUNCEMENTS
TUG Turns 21 Years Old! Read More

Free Timeshare Exchanges on TUG! View current exchanges!

Free TUG Newsletter! Sign up today!

TUG Banner Travels the World! Follow the Banner!

 
Forum Jump


Reply « Previous Thread | Next Thread »
 
Thread Tools Search this Thread Display Modes
Old December 9, 2012, 11:57 AM   #1
sgosline
TUG Member
 
BBS Reg. Date: May 21, 07
Location: Roseburg, OR
Posts: 4
paying maintenance fees with points?

We are on our way shortly to a Wyndham presentation which normally I would never do but at check in the "salesman" said something about using points to pay for maintenance fees with Wyndham. We have RCIpoints- Banyan Harbor, HI plus 2 weeks at Iron Blosam that we can convert to points. I had to sell some points recently that were going to expire. We don't ski anymore and own a second home in Las Vegas so we just are not able to use all our points anymore but using them to pay maintenance fees sounds wery appealing. We could still use points for non Las Vegas vacations. I have tried to sell the 2 Iron Blosam weeks without success. Does anyone have more info about points for MF's?
sgosline is offline   Reply With Quote
Old December 9, 2012, 12:26 PM   #2
simpsontruckdriver
Guest
 
BBS Reg. Date: Sep 24, 11
Location: Deltona Florida
Posts: 1,564

Resorts: Star Island
Yes and no. You can apply Wyndham points to your MFs, but there is no way to pay ALL of them. Their other option is a Wyndham credit card, but you would need to charge $15k or more to pay off your MFs.

TS
simpsontruckdriver is offline   Reply With Quote
Old December 9, 2012, 12:30 PM   #3
vacationhopeful
 
vacationhopeful's Avatar
TUG Member
 
BBS Reg. Date: Sep 11, 07
Location: Northeast USA
Posts: 7,683

Resorts: Club Wyndham Plus; Ft Lauderdale Beach Resort; RCI Points; Shell Vacation Club
That is a hard sales promo which is taking the idea of using YOUR WYNDHAM points to pay Wyndham MFs at a VERY BAD conversion factor to you.

Has NOTHING to do with RCI points or RCI MFs.

If you don't own Wyndham points, their developer sales rep will give you the fast talk about buying some points with NO DOWN PAYMENT (by openiing up a new credit card and charging that Wyndham points big dollor purchase on that) while taking your deeds as a PIC conversion into Wyndham Points and then will give you some BONUS POINTS free.

You will still own YOUR other Timeshares with those resort billing you for the MFs. You will own MORE timeshare points with Wyndham along with a loan and a credit card balance.

And you will NOT be the first person who got doubled talked and think that you got rid of your the older timeshares. And somewheres, they always will manage to MAKE you a VIP for 18-24 months (their most successful sales hook).

Stay home and watch a movie in the condo. It will save you thousands of dollars.
__________________
Linda
vacationhopeful is offline   Reply With Quote
Old December 9, 2012, 12:39 PM   #4
markb53
 
markb53's Avatar
TUG Member
 
BBS Reg. Date: Aug 13, 11
Location: Forestville, CA
Posts: 381

Resorts: CWA (182k) Panama City (210k EOY)
Quote:
Originally Posted by sgosline View Post
We are on our way shortly to a Wyndham presentation which normally I would never do but at check in the "salesman" said something about using points to pay for maintenance fees with Wyndham. We have RCIpoints- Banyan Harbor, HI plus 2 weeks at Iron Blosam that we can convert to points. I had to sell some points recently that were going to expire. We don't ski anymore and own a second home in Las Vegas so we just are not able to use all our points anymore but using them to pay maintenance fees sounds wery appealing. We could still use points for non Las Vegas vacations. I have tried to sell the 2 Iron Blosam weeks without success. Does anyone have more info about points for MF's?
Not a very good deal. The conversion rate is $.0021 per point. For example:
I have 182000 points of club Wyndham access which cost about 5.40 per 1000 points or $982.80 per year in maintainence fees. If I converted all the points to maintence fees, I would get $382.20. So I would still owe 600.60, and not get any use of my points for that year.
__________________
Mark

Future Plans:
SVC Vino Bello, Napa Jan 2nd
Wyndham Nashville June 21st
Wyndham Smoky Mtns June 24th
Wyndham Ocean Ridge June 28th
Wyndham Panama City Beach July 5th
markb53 is offline   Reply With Quote
Old December 9, 2012, 02:38 PM   #5
sgosline
TUG Member
 
BBS Reg. Date: May 21, 07
Location: Roseburg, OR
Posts: 4
Just got back. Did not buy. It was a bunch of double talk and they wanted us to buy for $18000 to get us to VIP level, blah blah blah. Did get us a Makana card which has already saved us $160 on food and activities. The exchange rate to use points for MF's was atrocious.
sgosline is offline   Reply With Quote
Old December 9, 2012, 03:06 PM   #6
lcml11
Guest
 
BBS Reg. Date: Oct 15, 12
Posts: 1,604
Quote:
Originally Posted by sgosline View Post
Just got back. Did not buy. It was a bunch of double talk and they wanted us to buy for $18000 to get us to VIP level, blah blah blah. Did get us a Makana card which has already saved us $160 on food and activities. The exchange rate to use points for MF's was atrocious.
Thanks for the update. Did they offer to take your other timeshares and replace them with Wyndham points? In other words, how many points would you have gotten.
lcml11 is offline   Reply With Quote
Old December 9, 2012, 03:24 PM   #7
vacationhopeful
 
vacationhopeful's Avatar
TUG Member
 
BBS Reg. Date: Sep 11, 07
Location: Northeast USA
Posts: 7,683

Resorts: Club Wyndham Plus; Ft Lauderdale Beach Resort; RCI Points; Shell Vacation Club
Quote:
Originally Posted by lcml11 View Post
Thanks for the update. Did they offer to take your other timeshares and replace them with Wyndham points? In other words, how many points would you have gotten.
Wyndham is NOT in the USED T/S business --- if the resort is a Wyndham-managed property, they will convert a FIXED or FLOAT week; if not and the resort is a RCI property, the will do a PIC contract. Either way, your old T/S is still deeded in your name. It was the Mexican timeshares that took in trades and the one set of resorts seem to supply them to Holiday resales group.
__________________
Linda
vacationhopeful is offline   Reply With Quote
Old December 9, 2012, 03:26 PM   #8
gjw007
TUG Member
 
BBS Reg. Date: Sep 23, 05
Location: Woodbine, md
Posts: 882

Resorts: Diamond Resorts (gold) KIngsgate Williamsburg (Wyndham Points)
You can also use Wyndham rewards at $60 per 10,000 points per their brochure (second to last page)
https://www.wyndhamvacationresorts.c...s_Brochure.pdf
__________________
Gary
gjw007 is offline   Reply With Quote
Old December 9, 2012, 04:09 PM   #9
ronparise
 
ronparise's Avatar
TUG Member
 
BBS Reg. Date: Feb 10, 11
Location: Fort Myers Fl
Posts: 7,269

Resorts: Wyndham, Worldmark, and weeks in New Orleans, San Antonio, New Mexico and Hawaii
Quote:
Originally Posted by gjw007 View Post
You can also use Wyndham rewards at $60 per 10,000 points per their brochure (second to last page)
https://www.wyndhamvacationresorts.c...s_Brochure.pdf
Dont confuse Wyndham rewards points with Club Wyndham timeshare points

$60 / 10,000 rewards points is correct

but also consider it takes 1000 timeshare points to get 400 rewards points
__________________
Ron Parise

my website

my other website
ronparise is offline   Reply With Quote
Old December 9, 2012, 04:14 PM   #10
timeos2
 
timeos2's Avatar
TUG Lifetime Member
 
BBS Reg. Date: Apr 11, 05
Location: Rochester, NY
Posts: 11,183

Resorts: Now Cypress Pointe w/Diamond Club,Cove@Yarmouth Former: RCI Points Rayburn Country, DVC/Wyndham - Wastegate gone gone!
Although many points based programs seem to offer the ability to convert points to fee payments I've never seen any case where it made financial sense to do so. In fact, if carried to extreme, you could pay massive amounts of upfront money to buy your timeshare then use the annual points (plus some cash likely needed) to pay the annual fees but therefore have no points left & thus no use. You'd be wasting your money in an endless circle of no value to you!

Except in a case where you had a few left over points you can't easily use & could waste there are seldom any good reasons to use any points toward any annual fees due.
__________________
John Chase

ADOPT A TIMESHARE!
BUY RESALE!

Proudly Microsoft & Apple free with WebOS, Droid Samsung S4 & Verizon Wireless - DW w/Chromebook

timeos2 is offline   Reply With Quote
Old December 9, 2012, 08:38 PM   #11
gjw007
TUG Member
 
BBS Reg. Date: Sep 23, 05
Location: Woodbine, md
Posts: 882

Resorts: Diamond Resorts (gold) KIngsgate Williamsburg (Wyndham Points)
Quote:
Originally Posted by ronparise View Post
Dont confuse Wyndham rewards points with Club Wyndham timeshare points

$60 / 10,000 rewards points is correct

but also consider it takes 1000 timeshare points to get 400 rewards points
True but it does give a slightly better return (I used 500,000 pts as a reference, std pts for maintenance came to roughly $1050 whereas the rewards was $1200). Neither is a good return when you would have paid $3000 to get $1000 to $1200 back. But it points out the need to look at all options
__________________
Gary
gjw007 is offline   Reply With Quote
Old December 10, 2012, 01:49 PM   #12
kalua
TUG Member
 
BBS Reg. Date: Jul 20, 08
Location: NC.
Posts: 205
maint. dollars

personally i would let my points expire or make a reservation for someone for free before i would give them my points for maint. dollars that just me.
kalua is offline   Reply With Quote
Old December 10, 2012, 07:58 PM   #13
pacodemountainside
 
pacodemountainside's Avatar
TUG Member
 
BBS Reg. Date: Jan 11, 08
Location: Aurora, Colorado
Posts: 2,725

Resorts: Wyndham VIP 315K, AVP Floating Week
When I first bought from Developer some 12 years ago thought I was getting the cat's meow with all the money saving perks.

Being a retired accountant I had both time and expertise to analyze.

Personally I have never found one that saved me anything meaningful. The $210 credit on MF you get for 100K points is a no brainier.

Others require a pencil, paper and a little figuring and deciphering.

Given that plane fares, cruises, promotions, etc. change constantly it is possible one can luck out for a great deal with Wyndham Program, but IMHO time would be better spend looking at many discount web sites. Wyndham is in business of selling and managing TSs, not providing vacation packages.

Likewise, if very busy but travel a lot look at Travel Agent who generally gets commissions from suppliers and if a good customer gets lots of perks and cannot use all and pass on to good customers.

Think about these Vacation Clubs with couple hundred thousand members. How can they have better buying power than Wyndham World Wide with 800K+ member, II with around 2 million and RCI around 4 million.

Using smell, reasonable and common sense tests with TSs will save big bucks.
__________________
Paco
pacodemountainside is offline   Reply With Quote
Old December 11, 2012, 04:22 PM   #14
sgosline
TUG Member
 
BBS Reg. Date: May 21, 07
Location: Roseburg, OR
Posts: 4
We have 2 weeks in the RCI points system- Banyan Harbor, Kauai. Not Gold Crown but anything in Hawaii is considered premium. They were going to convert those points to Wyndham points, make us purchase $18000 timeshare at Wyndham Kona resort and that would give us enough points to be VIP which gives you some discounts and other perks. They were not interested in our Iron Blosam units because they are just studios even though they are Silver Crown. They were offering something called PCI (personal conversion intervals?) which I did not really get but they made it sound like a big deal and said it was off the table permanently as soon as we said not interested.
sgosline is offline   Reply With Quote
Old December 13, 2012, 10:29 PM   #15
RDB
 
RDB's Avatar
TUG Member
 
BBS Reg. Date: Jun 6, 05
Location: NC/VA
Posts: 875

Resorts: Wyndham Santa Barbara Wyndham Fairfield Bay TUG Registered - Dec 2000.
Wyndham Rewards to pay maintenance fees

They say I can not use the rewards package toward paying the maintenance without their "flipping the switch". I can get the Wyndham Rewards VISA card, but to have the "offsetting maint. fees" capability, I have to buy 84k UDI for $15000. The $15000 loan can be paid via that VISA account but there is still interest to be paid.

By offsetting fees using our REWARDS points, it supposedly would pay for itself in ten years. They excuse interest on the $15000 purchase for 6 months. The VISA card in our case would be charged $150 per month which we would pay in full each month. We would also charge lots of other stuff and pay it off each month. The more we charge up, the more we have accumulated to offset the cost of the new purchase and fees.

It would take a diligent accountant to make sure we didn't make a late payment, costing at least 19% interest.

It appears the program could work, but all in all it sounds like a scam to sell 84k points for $15000 under the asssumption "you can get something for nothing".
RDB is offline   Reply With Quote
Old December 13, 2012, 10:43 PM   #16
RDB
 
RDB's Avatar
TUG Member
 
BBS Reg. Date: Jun 6, 05
Location: NC/VA
Posts: 875

Resorts: Wyndham Santa Barbara Wyndham Fairfield Bay TUG Registered - Dec 2000.
Extra Wyndham points excluded

Although I already have 244k points going to waste in this year, they were intent on pushing another 84k down my throat for $15000. In the last 2 years we have rolled excess points into RCI and still have 6 deposit weeks we aren't able to use. I try to get others to use them, but seems all have enough of their own.

We aren't well enough to use what we have now and the reps were not interested in finding a way to include these in the bargain.

Last edited by RDB; December 13, 2012 at 11:18 PM. Reason: include more info
RDB is offline   Reply With Quote
Old December 14, 2012, 12:18 AM   #17
markb53
 
markb53's Avatar
TUG Member
 
BBS Reg. Date: Aug 13, 11
Location: Forestville, CA
Posts: 381

Resorts: CWA (182k) Panama City (210k EOY)
Quote:
Originally Posted by RDB View Post
They say I can not use the rewards package toward paying the maintenance without their "flipping the switch". I can get the Wyndham Rewards VISA card, but to have the "offsetting maint. fees" capability, I have to buy 84k UDI for $15000. The $15000 loan can be paid via that VISA account but there is still interest to be paid.

By offsetting fees using our REWARDS points, it supposedly would pay for itself in ten years. They excuse interest on the $15000 purchase for 6 months. The VISA card in our case would be charged $150 per month which we would pay in full each month. We would also charge lots of other stuff and pay it off each month. The more we charge up, the more we have accumulated to offset the cost of the new purchase and fees.

It would take a diligent accountant to make sure we didn't make a late payment, costing at least 19% interest.

It appears the program could work, but all in all it sounds like a scam to sell 84k points for $15000 under the asssumption "you can get something for nothing".
Seems to me you would have to spend about $3000.00 per month on the Visa card to generate enough Wyndham Reward points to pay the maintenance fees on the 84k contract. You are still going to have to pay off the $15,000. The reward points aren't going to pay for that. Maybe I am not understanding something.
__________________
Mark

Future Plans:
SVC Vino Bello, Napa Jan 2nd
Wyndham Nashville June 21st
Wyndham Smoky Mtns June 24th
Wyndham Ocean Ridge June 28th
Wyndham Panama City Beach July 5th
markb53 is offline   Reply With Quote
Old December 14, 2012, 07:36 AM   #18
markb53
 
markb53's Avatar
TUG Member
 
BBS Reg. Date: Aug 13, 11
Location: Forestville, CA
Posts: 381

Resorts: CWA (182k) Panama City (210k EOY)
Quote:
Originally Posted by RDB View Post
Although I already have 244k points going to waste in this year, they were intent on pushing another 84k down my throat for $15000. In the last 2 years we have rolled excess points into RCI and still have 6 deposit weeks we aren't able to use. I try to get others to use them, but seems all have enough of their own.

We aren't well enough to use what we have now and the reps were not interested in finding a way to include these in the bargain.
I don't understand why you are buying more points, when you can't use the points you have!!!
__________________
Mark

Future Plans:
SVC Vino Bello, Napa Jan 2nd
Wyndham Nashville June 21st
Wyndham Smoky Mtns June 24th
Wyndham Ocean Ridge June 28th
Wyndham Panama City Beach July 5th
markb53 is offline   Reply With Quote
Old December 14, 2012, 08:09 AM   #19
kalua
TUG Member
 
BBS Reg. Date: Jul 20, 08
Location: NC.
Posts: 205
rewards for maimt fee's

RDB : if you are talking about wyngham reward points to pay maint's fee's i have posted on this several times in the last couple years so has others, you can get a card if you have a wyndham acct. retail or resale,it doesn't matter if you have 25,000 points or 25,000,000 points you don't have to buy more points to use them,they just want people to put money in their pocket,it's their job,i pay $600-$1000 a year of my maint fee's with reward points,you only get $60 per 10,000 points not good I now use another card and get $100 for 10,000 not a wyndham card. and to redeem them you just go to wyndham rewards .com

Last edited by kalua; December 14, 2012 at 08:26 AM.
kalua is offline   Reply With Quote
Old December 14, 2012, 10:39 AM   #20
pacodemountainside
 
pacodemountainside's Avatar
TUG Member
 
BBS Reg. Date: Jan 11, 08
Location: Aurora, Colorado
Posts: 2,725

Resorts: Wyndham VIP 315K, AVP Floating Week
Quote:
Originally Posted by RDB View Post
They say I can not use the rewards package toward paying the maintenance without their "flipping the switch". I can get the Wyndham Rewards VISA card, but to have the "offsetting maint. fees" capability, I have to buy 84k UDI for $15000. The $15000 loan can be paid via that VISA account but there is still interest to be paid.

By offsetting fees using our REWARDS points, it supposedly would pay for itself in ten years. They excuse interest on the $15000 purchase for 6 months. The VISA card in our case would be charged $150 per month which we would pay in full each month. We would also charge lots of other stuff and pay it off each month. The more we charge up, the more we have accumulated to offset the cost of the new purchase and fees.

It would take a diligent accountant to make sure we didn't make a late payment, costing at least 19% interest.

It appears the program could work, but all in all it sounds like a scam to sell 84k points for $15000 under the asssumption "you can get something for nothing".
Convoluted deals like this are a trademark of Wyndham sales weasels.

They have been ripped to shreds if you want to do some searches.

Red flags: You have to give them $15K and none of this is in your contract.

Stay away from sales, it is hazardous to your financial health!
__________________
Paco
pacodemountainside is offline   Reply With Quote
Old June 9, 2013, 05:04 PM   #21
Broubal
Guest
 
BBS Reg. Date: Nov 14, 10
Location: North carolina
Posts: 6
Wyndham rewards credit card question

I have been to numerous presentations where I was told to apply and use this credit card to gain the points earned for my payments to Wyndham for the property and for my maintenance fees. I applied a few times and was turned down to poor debt to earnings ratio.

Today at another presentation... I was told that I cannot use any points earned on the card (that I now qualify for) to pay off my maintenance fees. I was told that the only way to pay off the maint fees using this credit card was to purchase more points and then I would be able to use the card with points earned to pay off maint fees at $60 per 10,000 points.

Was I told the truth? Or are they just selling more property?
Broubal is offline   Reply With Quote
Old June 9, 2013, 05:24 PM   #22
pacodemountainside
 
pacodemountainside's Avatar
TUG Member
 
BBS Reg. Date: Jan 11, 08
Location: Aurora, Colorado
Posts: 2,725

Resorts: Wyndham VIP 315K, AVP Floating Week
Quote:
Originally Posted by Broubal View Post
.

Was I told the truth? Or are they just selling more property?
You got it. This scam has been around for long time.

Just do the math.
__________________
Paco
pacodemountainside is offline   Reply With Quote
Old June 9, 2013, 05:29 PM   #23
vacationhopeful
 
vacationhopeful's Avatar
TUG Member
 
BBS Reg. Date: Sep 11, 07
Location: Northeast USA
Posts: 7,683

Resorts: Club Wyndham Plus; Ft Lauderdale Beach Resort; RCI Points; Shell Vacation Club
Why do you believe anything those snake oil sales persons say?

Do you REALLY believe the BS of "owners' update" is going to happen after all these years?

YES! The Wyndham Sales Staff is trying to sell you POINTS, weeks, vacations packages ===> because that is how they earn a commission as they are LICENSE REAL ESTATE people.

There is no free lunch with the Wyndham Hangtag desk --- they get paid by how many people they send up to meet with the commissioned sales staff. They are NOT YOUR FRIENDS.
__________________
Linda
vacationhopeful is offline   Reply With Quote
Old June 9, 2013, 08:16 PM   #24
kalua
TUG Member
 
BBS Reg. Date: Jul 20, 08
Location: NC.
Posts: 205
wyndham reward points to pay maint. fee's

if your yearly maints. fee's were $700. you would have to charge about $100,000 a year or about , $8300. a month to pay for those $700. worth it ???
kalua is offline   Reply With Quote
Old June 9, 2013, 08:54 PM   #25
cassvilleokie
TUG Member
 
BBS Reg. Date: Feb 14, 13
Location: Cassville, Mo
Posts: 89

Resorts: summit at hillside, mass summit, KBC@ka'anapali Wyndham Bali Hai, Ka Eo Kai, Shearwater Shell Vacation Club Marriot
Actually using the Wyndham Rewards card as Ron put it $5,000 in charges would pay a minimum of $720.00 a year with the points to M.F. offset on the rewards website.

A lot better exchange for things like airline tickets, in the last online posting I saw 30,000 rewards points was good for a 12,000 mile ticket on major airlines. that is a a whole lot more than $180.
cassvilleokie is offline   Reply With Quote
Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 04:28 PM.


Powered by: vBulletin Version 3.8.7
BBS Software Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Editorial Content Copyright ©1993 - 2014, Timeshare Users Group
Customized for TUG by Makai Guy.