Blue Thread

[capital city]

The ability to combine Wyndham Rewards and Ownership points for stays in hotels and vacation resorts. Also the ability to release unused points to Wyndham to sell and receive a check for, and then, use to augment MF.

My god, give me 40k and I'll do much better then that

 

[jwalk03]

The ability to combine Wyndham Rewards and Ownership points for stays in hotels and vacation resorts. Also the ability to release unused points to Wyndham to sell and receive a check for, and then, use to augment MF.

Wyndham will rent unused points for anyone- you don’t need to buy more to get that. But it’s a TERRIBLE proposition. They take a huge cut of the rental price, and they do not guarantee to rent it all. So if you have a 7 night stay you give to them to rent they may rent only 2 nights of 7, and you are out the cost of the other 5 nights, plus they take about a 40% commission.

As for using timeshare points to stay in a hotel I believe you can trade timeshare points for Wyndham rewards points now (assuming you bought from the developer originally) but again it’s a TERRIBLE proposition. The exchange value is bad.

You would be much better off renting unused points yourself and using that money to pay for whatever hotel stay you need.

Don’t fall for their endless lies and taffy stretching half truths! The sales people are not trying to help you or look out for you or correct an issue with your account. They are just trying to take your money!

 

[dgalati]

Comparing taffy to them is just unfair to taffy.

 

[Richelle]

The ability to combine Wyndham Rewards and Ownership points for stays in hotels and vacation resorts. Also the ability to release unused points to Wyndham to sell and receive a check for, and then, use to augment MF.

In order to use your points for hotel stays, they have to be converted to Wyndham rewards points. 37,500 points will give you 15,000 rewards point. The conversation is 1000 Club Wyndham points equals 400 Wyndham rewards points

To convert, you have to pay a $99 fee. Also, you can only convert future years points. Not current use year. So if you have extra points at the end of the year, you cannot convert them to Wyndham rewards because it’s to late.

We already did the math. Two nights at a 15,000 point per night room, is 75,000 Club Wyndham points. If you own CWA points, the maintenance fees on 75,000 points is $494.25 (assuming your program fee is 60 cents per 1,000 and not $155). Add in the $99 fee and it’s $593.25 or $296.63 (rounded up). Per night. Compare that to the cash cost of the room, and it likely won’t be a good deal. Especially since they changed the program and now some are 30,000 WR points per night.

As far renting out points, they don’t rent the points. They rent reservations through their Extra Holidays program. So you have to actually book something for them to rent out. If you book a full week, and they only rent two nights, you only get paid for 2 nights (minus their 40% cut) and you lose the points for the remain nights. Plus you get a tax statement at the end of the year because you have to pay taxes on it. You’re better off finding friends and family who want cheap accommodations. I do not generally recommend people rent to strangers because of the risk. Especially the newbies who are new to renting. They can more easily get scammed. Stick with friends and family before trying to rent out to strangers. Also, you’re competing with VIP platinum owners who can book and rent last minute reservations at a 50% discount and sometimes free upgrades. If you are not VIP, you have to charge for the full point rate of the room. So if you can book a room for 100,000, you have to charge for 100,000 points. A platinum VIP only needs to charge 50,000 if they book it at a discount. Even less if they can upgrade from a smaller room. That’s why friends and family are good, because there is less competition and less likely to get scammed. You also need a guest certificate for each time you book a reservation for someone else or if your booking multiple rooms (if you cannot use another owners name on the reservation). Non-VIP get two a year. VIPs get 5, 10, and 15 per million for Silver, Gold, and Platinum respectively. If you run out, they are $99 online and $129 over the phone. This doesn’t include the cost of reservation transaction credits and housekeeping credits if you run out of them. Renting is a pain.


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