How many CWP points is Wyndham granting you for the 14.4k SVC to CWP conversion and at what price/1000 points? I don’t recall the established conversion rate off the top of my head, but IIRC it is 40:1. I do not believe they will convert resale SVC points either.
Assuming my conversation rate is correct, at 14.4k points, that would equate to 576k CWP points. Did you purchase CWA or CWS deeded points? Details would help on exactly what you purchased here. I’m going to guess CWA as that way Wyndham can add your SVC inventory into the CWA trust. 576k+116k=690k which is just under the 700k required for permanent VIPG which doesn’t make sense to me.
If Wyndham actually converted all 26.6k points, that would equate to 1.064MM CWA points plus the 116k points you purchased. This would put you at VIPP permanently which is a pretty good deal for 25k total.
Please give us the contract details and the conversion rate and we can help you to determine the best next steps to take here.
That said, if you think you may have paid too much, you can always rescind, do more homework on how best to convert SVC to CWP; and go back for another conversion deal that works best for you long term.
If you purchased 116k for 25k, and these are CWA points, then you paid $215/1000 points which is pretty steep, as you can get CWA at some resorts down around $150/1000 points. If you purchased CWS, $215/1000 is still high. What I don’t know is the SVC component here, and what the SVC resorts are typically selling at $/1000 at their local resorts. I believe there’s a pinned thread on SVC deals here as well, I would recommend posting into that thread if you haven’t already.
Specific to your MFs, if you purchased CWA points at $6.59/1000, and your contract has a total of 690k points, that would equate to 690*6.59=$4547.10 per annum. If you have the 1180*6.59=7776.20 per annum. So according to your contract what are your MFs now? Or are they still allowing you to keep your current $6k/annum MFs against a certain number of CWA points?
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