HICV limiting transfer of points to IHG to only 50K

[DrQ]

Another surprise ...

 

[Bmatrose]

It depends on your member level...Elites get to transfer 300k

 

[tschwa2]

I thought they weren't allowing any at this time.

 

[bizaro86]

I thought they weren't allowing any at this time.

That is definitely what it says on mine.

 

[Bmatrose]

i know anyone who doesnt have a membership level was given 50k in bonus points and was not allowed to transfer. Anyone with membership level can move a certain amount of points depending on your level but didnt get bonus points.

 

[DrQ]

It depends on your member level...Elites get to transfer 300k

Interesting: We are Platinum Preferred = 50K

 

[Bmatrose]

Interesting: We are Platinum Preferred = 50K

You got 50K points being platinum preferred or you can transfer 50K points?

 

[DrQ]

You got 50K points being platinum preferred or you can transfer 50K points?

We could only transfer 50K points.

 

[silentg]

We got 50 K bonus points but we weren’t allowed to transfer those into IHG. We are able to put our regular points in IHG though. We used the 50 K points to stay at OL. If we didn’t use them they would expire in December 2020.
Better to use then lose.

 

[Bmatrose]

We got 50 K bonus points but we weren’t allowed to transfer those into IHG. We are able to put our regular points in IHG though. We used the 50 K points to stay at OL. If we didn’t use them they would expire in December 2020.
Better to use then lose.

How many points do you get a year and when were you able to transfer to IHG

 

[silentg]

127,000 points, I transferred 65, 000 before Covid. Was gifted 50,000 point that couldn’t be transfered. We used for a stay at OL. I’m hoping they mean you cannot use those points in IHG only. We have been using IHG to go along with other timeshare vacations. Never use HIVC points in RCI, they are only worth half value thru RCI. We have stayed in HIVC in Myrtle Beach, Cape Canaveral, Lee MA, and our home Resort OL several times. Looking to try Wisconsin, Tennessee and several others in the next few years. We have cut our timeshare inventory to 3 timeshares. Gave away most of the other weeks we owned and deeded back others. It took us a while to understand HIVC but overall, it works well for us.
I’m not going to buy anything else.
Silentg

 

[Bmatrose]

RCI isnt really half the value...It just shows up in converted points. IHG is a much worse conversion. I stayed 10 nights at a Welk resort in San Diego last Christmas for the cost of staying at Orange Lake.

 

[DrQ]

IHG is a much worse conversion. I stayed 10 nights at a Welk resort in San Diego last Christmas for the cost of staying at Orange Lake.

I would agree. In addition to the 20% haircut you take when you convert and the cost incurred, you don't get full parity for your original cost compared to what you would get if you used them within HICV. That said, the only advantage was that they do not expire as long as you keep you IHG membership active.

I decided to use our points by getting a 3BR which has a lockout with a 1BR and a 2BR. Each side has its own A/C unit and we are looking at putting out an invitation to another couple that are isolating as are we and have similar health risks, so we are equally motivated to have been socially distancing. If they accept, it will be an experiment in a COVID-19 social distancing and curing cabin fever.

 

[silentg]

We are doing that now! But we stayed 6 nights in Rome on IHG points, before going to Ireland. We use IHG points for one night hotel stays on drivable timeshare trips we stop once on the way to and from.We save up points earned during travel too.

 

[Gypsy65]

127,000 points, I transferred 65, 000 before Covid. Was gifted 50,000 point that couldn’t be transfered. We used for a stay at OL. I’m hoping they mean you cannot use those points in IHG only. We have been using IHG to go along with other timeshare vacations. Never use HIVC points in RCI, they are only worth half value thru RCI. We have stayed in HIVC in Myrtle Beach, Cape Canaveral, Lee MA, and our home Resort OL several times. Looking to try Wisconsin, Tennessee and several others in the next few years. We have cut our timeshare inventory to 3 timeshares. Gave away most of the other weeks we owned and deeded back others. It took us a while to understand HIVC but overall, it works well for us.
I’m not going to buy anything else.
Silentg

I know you have mentioned that your HICV point cut in half when transferred to RCI

Correct me if I’m wrong. But isn’t the value still the same?
If you have say 200k points with HICV and that gets you a 2br July 4 week doesn’t the RCI value even if say a 100k still get a 2br July 4 week in their system?

 

[silentg]

I am not using my IHG or HICV points with RCI. So I don’t know personally. We have had good luck going thru HICV staying at other resorts. And stayed many reward nights with IHG. I have other timeshares that are affiliated with RCI but they are fixed weeks with TPU. That account regular RCI I use to exchange. Other members of Holiday Inn Club Vacations could tell you their dealings with RCI points .

 

[Tank]

I know you have mentioned that your HICV point cut in half when transferred to RCI

Correct me if I’m wrong. But isn’t the value still the same?
If you have say 200k points with HICV and that gets you a 2br July 4 week doesn’t the RCI value even if say a 100k still get a 2br July 4 week in their system?

yes that is correct !

 

[Julie Siefers]

127,000 points, I transferred 65, 000 before Covid. Was gifted 50,000 point that couldn’t be transfered. We used for a stay at OL. I’m hoping they mean you cannot use those points in IHG only. We have been using IHG to go along with other timeshare vacations. Never use HIVC points in RCI, they are only worth half value thru RCI. We have stayed in HIVC in Myrtle Beach, Cape Canaveral, Lee MA, and our home Resort OL several times. Looking to try Wisconsin, Tennessee and several others in the next few years. We have cut our timeshare inventory to 3 timeshares. Gave away most of the other weeks we owned and deeded back others. It took us a while to understand HIVC but overall, it works well for us.
I’m not going to buy anything else.
Silentg

We are new to HICV. We had a deeded week in MO for 20 yrs. Just met with them this weekend and are paying for the prime platinum. Giving our deeded week back was $120,000 Pts, plus then another 30,000 = gives us $150,000 yr. It is confusing. I agree with not using RCI.

 

[Gypsy65]

We are new to HICV. We had a deeded week in MO for 20 yrs. Just met with them this weekend and are paying for the prime platinum. Giving our deeded week back was $120,000 Pts, plus then another 30,000 = gives us $150,000 yr. It is confusing. I agree with not using RCI.

RCI is not half value
Look at page 143 in the guide book

https://assets.contentstack.io/v3/assets/bltba617d00249585dc/blt0908cee492d28baa/5fee02e21166ce7d2ed1b076/2021_Member_Guide.pdf

It’s the exact same value so if your 100,000 points buys you a 2br July 4 week for 7 days at a HICV. Resort then when you look at RCI it will show a 2br July 4 week for 7 days as 50,000 points in their system buy you will need 100,000 of your HICV point to book it

Exactly the same type of unit. Same week. Same resort class. Just the way it looks on paper may get confusing but you are actually get same for same

The only really bad trade is trading your points in to IHG
As I mentioned. I use it sometimes but I’ve recently learned there are better ways to obtain IHG points than trading your HICV points
Trading to IHG is a true deduction of value. 25% less value

 

[Sandy]

It's like comparing currencies. A dollar will buy what a euro will buy what a yen will buy and so on. Each currency has a different "value" but there is a conversion level we can all understand. In currency terms it might be a loaf of bread. In timeshare terms it will be a 2 bedroom July 4th week.

 

[Gypsy65]

And just another thought

Depending on what level you are at with HICV you can actually end up ahead or with a better value
For instance
We get a 30% discount so if we use a maintenance fee of $0.007 which is higher than what we are at but just a number
And we use 150,000 in RCI.
A booking fee with RCI of $250

Kick back the 45,000 rebate points at .007 in maintenance I already paid and still get to book elsewhere
That’s $315 of maintenance on points I received back Vs the $250 booking fee

So with that scenario I’m ahead $65
The more I would book. Like 250,000 points the better the picture begins to look

Every situation and booking will be different
But that’s one way to look at it. Unless I’m doing monkey math or something??

 

[silentg]

If you Exchange within HICV you don’t lose value of points. And exchange fee is much lower. We are starting to do this . IHG points don’t expire, so that is a value in itself. One thing I found using HICV for Cruises was terrible. Better to book directly with cruise lines than thru HIVC. Currently we have 4 vacations planned for this year and next. Going to deal with those before making any more plans. Tentative River Cruise for 2022 late in the year.
None of them are HICV, but may use IHG to go along with trips.

 

[Gypsy65]

Never ending info

I thought I had a pretty good grip on the system but since joining here I’ve learned a lot from a few others who most certainly know a thing or two

But that’s how you learn right?
Some knowledge and some by mistakes or trial and error