If you have to think about it, I would rescind. You can find the same deal resale for thousands less...Purchased 116,000 bonus points to use in 2yrs+84000 points per year @$15000. I have RCI and club wyndham plus benefits, please let me know if i made a mistake..interest rate 14.99%. Deal or no deal??
This is a no brainer. Rescind, research the different timeshare systems on Tug, and then wait for the right one to come along on tug.Purchased 116,000 bonus points to use in 2yrs+84000 points per year @$15000. I have RCI and club wyndham plus benefits, please let me know if i made a mistake..interest rate 14.99%. Deal or no deal??
I hope you have number 3 written in your contract. Otherwise good. luck with that.As I am working to get out of my Club Wyndham Access contract (lawyers and such) because of fraudulent sales practices, I recommend buying from secondary market. I got to TUG too late and am learning a costly lesson about Wyndham. For previous 4 years, I had no problems with them. But last September, they sold CWA as having the benefits of:
1. Advanced Priority Reservations
2. Dedicated reservation line for members
3. Access to World Mark resorts with no extra charges.
Then, in January they made ‘improvements’ to their website, which makes it nearly impossible to find and make a reservation, the ‘dedicated line’ is the same line everyone uses and I got charged an exchange fee to use points for World Mark.
So, for the $65k I spent on 461k points and membership into CWA provides no real advantage to me and a huge monthly payment to Wyndham (in addition to maintenance fees).
That is such a sad story and certainly so true. They have tried for years to sell me CWA which I later found out that I had it for 5 years without knowing since it had the rules that I had understood to have since 1983. They kept telling me my only solution was CWA in order to not pay such high MF and put all of my deeds in one location (Nashville) which I almost did. My fees are about the same as CWA since i the last purchase was at GSL where the trust was connected to CWA until November 2017 and Voyager came into effect. You really can't trust sales.As I am working to get out of my Club Wyndham Access contract (lawyers and such) because of fraudulent sales practices, I recommend buying from secondary market. I got to TUG too late and am learning a costly lesson about Wyndham. For previous 4 years, I had no problems with them. But last September, they sold CWA as having the benefits of:
1. Advanced Priority Reservations
2. Dedicated reservation line for members
3. Access to World Mark resorts with no extra charges.
Then, in January they made ‘improvements’ to their website, which makes it nearly impossible to find and make a reservation, the ‘dedicated line’ is the same line everyone uses and I got charged an exchange fee to use points for World Mark.
So, for the $65k I spent on 461k points and membership into CWA provides no real advantage to me and a huge monthly payment to Wyndham (in addition to maintenance fees).
That is such a sad story and certainly so true. They have tried for years to sell me CWA which I later found out that I had it for 5 years without knowing since it had the rules that I had understood to have since 1983. They kept telling me my only solution was CWA in order to not pay such high MF and put all of my deeds in one location (Nashville) which I almost did. My fees are about the same as CWA since i the last purchase was at GSL where the trust was connected to CWA until November 2017 and Voyager came into effect. You really can't trust sales.
Yes but many of you have pointed out how they add getting higher than most of ones they have purchased. It was just another ploy they use to sell.They sure do promote low MF as a big selling point for CWA.
I just purchased 77,000 points in CWA, off EBay, but now I am disappointed because it appears 77,000 points doesn't get me anything (I am looking for a 7 night stay). Can anyone tell me if I am missing anything or do I need to purchase more points?
You are correct in thinking that 77,000 points won't get you much and will most likely want to purchase more points. However there are some resorts that have studios or one bedroom suites and sometimes even the one or two bedroom deluxe units that you can get with that amount of points. It will get you a week in one bedroom suite at Cypress Palms in Orlando in the high season weeks or a one bedroom deluxe in the value season weeks. At Star Island, also Orlando, a one bedroom suite in the value season weeks. Ocean Walk in Daytona Beach a one bedroom suite in the value season weeks. At Smoky Mountains in Tennessee it will get you a week in a one bedroom suite in high season or a one bedroom deluxe in value season. At Ocean Ridge on Edisto Island, SC it will get you a one bedoom, not deluxe, in value season or a two bedroom deluxe in the quiet season. At Palm-Aire in Pompano Beach it will get you a week in one bedroom deluxe in value season. You can get a one bedroom suite in prime season at Fairfield Glade in Tennessee and at Fairfield Bay in Arkansas and larger units in the other seasons. There are other resorts too but these are a few that come to mind.
Don't automatically reject those value season weeks, you can get some good stays with them. We started out in 2002 with 77,000 points and stayed at Cypress Palms over Martin Luther King week our first trip using our points. The one bedroom suite was fine for the two of us. There are a lot of good weeks in this resort's high season: 1-6, 8-10, 17-23, 34-36, 41-48. We had great weather too!