Are they going to charge you for the conversion, or will they do it for free? I converted my Gold Holiday studio to points. They sent me an email offering the conversion for free. The first time I used the points was for a BOGO offer that I used last month for two weeks at VDPM Vallarta. I booked a studio unit. When I arrived, they put me in building 3 in the studio with a small undercounter fridge. I do NOT like those units because I go to Costco and stock up the freezer and fridge. You can't do that with an undercounter fridge. Prior to this visit, I was always given studios with large fridges. I told the concierge that I'm never given those units with the small fridge. She said that was because I used to have gold and now you ONLY have points. I was furious. I told her if I had known I was going to get worse units with points than Gold, I wouldn't have converted. They did let me change units after a few days. I think the most important thing to note is with points, a 1-bdrm is 1,000 more points than a studio. That means the mtnc fee is $500 higher for a 1-bdrm vs a studio. With Gold memberships, the mtnc fee for a 1-bdrm was only very appx $200 more than a studio. If they continue to assign me studio units with undercounter fridges, I'll regret the conversion.
I just noticed that the conversion price is $0. So, they must be converting for free. One thing that is a better value with points is the summer season. With Gold, you'd pay your regular mtnc fee amount for a summer week. With points, that summer week would cost less because you'd only pay the mtnc fee for the required summer points, in your case 1,700 points for a summer week. 1,700 points mtnc costs $850 vs your regular Gold mtnc of $931.
With 4400 points you get 2 winter 1-bdrms at Flamingos, Loreto, and Cancun, but if you book a 2550-point holiday 1 bdrm, you don't have enough points for a two-week vacation in a 1-bdrm.
I wonder what UVC's main motivation is in offering up these free conversions. Obviously, they're going to get $338 more in mtnc fees from you. Do they just want everyone using points? One perk you lose by giving up your Gold membership is free room upgrade at check-in.
I suspect the conversion is just for Gold contracts. I have two, two-week Premiere contracts, and I was not offered the conversion for those, I assume because there are very few years remaining on those.
Unfortunately I have never received a free upgrade on checkin so I probably won’t miss that a. LOL
Seems to be a reasonable offer to me.
Everything I have seen says with a points resale you can bank one year and there is a fee. I think that was also stated in the transfer doc you posted in response to Brian's question regarding alcohol.