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Advice on reducing maintenance fees and rolling over points

Ebute

newbie
Joined
Dec 29, 2019
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I am caught in a trap with Diamond Resorts.
I pay maintenance fees of almost $9000 every year for a platinum membership.
I have never used all of my 50,000 points and in fact have 67,000 points expiring in 2 days.
I am busy and have had a terrible year and never remembered to roll over my points at the appropriate time.
The solution proposed by the sales people at Diamond is for me to join the Redemption program at a cost of $20,000+ in order to have the privilege of using points to pay off my maintenance fees in the future.I refused and they have backed off rolling my points to 2020.
Does anybody have suggestions as to how I can reduce the exorbitant maintenance fees as I do not really need all these points?
And how I can roll my points over without bankrupting myself?
Thanks.
 

goaliedave

Guest
Joined
Jan 5, 2019
Messages
1,298
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Points
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Resorts Owned
Raintree, Diamond (bought by Hilton), Shell (bought by Wyndham), Sheraton (bought by Marriott), Palace Resorts, a few independants
you should have rolled all your points forward on Jan 1 as Diamond let's you bring them forward for free. Do it next week at least.

You could offer them for rent to cover your maintenance fees.

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Ebute

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you should have rolled all your points forward on Jan 1 as Diamond let's you bring them forward for free. Do it next week at least.

You could offer them for rent to cover your maintenance fees.

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I appreciate that.
How can you rent them?
 

goaliedave

Guest
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Resorts Owned
Raintree, Diamond (bought by Hilton), Shell (bought by Wyndham), Sheraton (bought by Marriott), Palace Resorts, a few independants
there is a thread on tug for renting points. So you would offer points, stating which collection and cost. Cost could be your MF divided by your points , say 20c per point in HI and USA or 11c in EU. Then use a free guest certificate to give someone the points.

There are also Diamond facebook groups where people do this

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goaliedave

Guest
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Messages
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Resorts Owned
Raintree, Diamond (bought by Hilton), Shell (bought by Wyndham), Sheraton (bought by Marriott), Palace Resorts, a few independants
Regarding losing 67,000 2019 points due to your 'terrible year', write a post on the official diamond facebook page, politely and humbly stating your terrible troubles and asking can you be helped one time. Better yet use twitter @DiamondResorts it has worked for others. The social media staff are awesome.

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geist1223

TUG Member
Joined
May 20, 2015
Messages
6,095
Reaction score
5,904
Points
499
Location
Salem Oregon
Resorts Owned
Worldmark 97,000 Credits
DRI Cabo Azul 50,500
Royal Solaris San Jose del Cabo
I always roll over all my Points in January. If you end of needing some in the current year they will roll them back and only the number needed.
 

cman

TUG Member
Joined
Jun 15, 2005
Messages
719
Reaction score
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Points
453
I am caught in a trap with Diamond Resorts.
I pay maintenance fees of almost $9000 every year for a platinum membership.
I have never used all of my 50,000 points and in fact have 67,000 points expiring in 2 days.
I am busy and have had a terrible year and never remembered to roll over my points at the appropriate time.
The solution proposed by the sales people at Diamond is for me to join the Redemption program at a cost of $20,000+ in order to have the privilege of using points to pay off my maintenance fees in the future.I refused and they have backed off rolling my points to 2020.
Does anybody have suggestions as to how I can reduce the exorbitant maintenance fees as I do not really need all these points?
And how I can roll my points over without bankrupting myself?
Thanks.

DRI apparently has a deedback program. There's a sticky thread posted on the DRI forum.
 

goaliedave

Guest
Joined
Jan 5, 2019
Messages
1,298
Reaction score
854
Points
123
Resorts Owned
Raintree, Diamond (bought by Hilton), Shell (bought by Wyndham), Sheraton (bought by Marriott), Palace Resorts, a few independants
DRI apparently has a deedback program. There's a sticky thread posted on the DRI forum.
yes I forgot deedback... if it's a good property they might take it back, $1000 fee per contract for US-HI, or free at age 75 if EU

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