Is it true that you can use your points to pay for MF? How do you do that? is it worth it to use points for MF or is it cheaper just to pay MF by cash/credit card.
I am new to dri and want find out more and to take advantage of what I can!
I believe that option is available only to members who are Gold level. If you do so, you have to do this by a certain date (September 1, maybe?) of the preceding year, and you can only use points for the year for which you will be paying fees.
So let's say that you wanted to pay 2016 fees using points. You would need to let DRI know in 2015 that you intended to pay your 2016 fees using points, and you could not use any 2015 points you might have to pay those 2016 fees.
But if I were you I wouldn't worry about the details. It is almost never a good idea to use DRI points for anything other than reservations and exchanges. When you use DRI points for anything else, DRI has to monetize the points to pay for what you are requesting by using the points to reserve inventory which they rent out to the general public. You end up taking a hair cut on the deal. When I looked at travel services one time, I figured I was getting back about $0.35 on the dollar.
It certainly doesn't work on maintenance fees, either. When that was an option for me (before it was restricted to Gold and higher), it only covered about half of the maintenance fees. In other words if I would have given DRI all of my 2016 points to pay my 2016 fees, it would have covered about half of my fees. What's the logic in giving them all of my points, then still having to pay them half again for the privilege of doing so?
The only scenario in which it might makes sense to monetize DRI points in any fashion is if you have points that you simply cannot use and the only shred of value you can get from them is by monetizing them.