How early do you pay you MF's?

[Ridewithme38]

I noticed i can't deposit my Wyndham fixed week with RCI until my MF is paid for that year, but when my MF comes due(end of the year) my TPU's are already reduced to the 90% rate....

Also, not having to do with RCI, i own a EOY with Sheraton, after calling them in order to make a reservation for 2013, i need to pay both years...

So how early do you pay your MF's? How many years ahead are you?

 

[Gophesjo]

I just paid a 2013 estimated MF so that I can space bank the week with one of the exchange companies. My resort gave me an estimated MF, which is calculated as current year MF plus 10%. If the actual fee is less, they will credit my account with the difference.

I don't know if Wyndham or Starwood will give you an estimate or not, but I sure would if I were them.

 

[jlwquilter]

I pay as early as I have to. Some I pay as early as almost 2 years so I can reserve the best weeks and not worry. Some are a year out. Generally I figure that I own the weeks, I will have to pay MFs at some point, and unless I am strapped for $$, what difference does it make when I pay, as long as I get what I want.

 

[Passepartout]

It's really this simple. I pay as soon as I plan if/when I want to deposit/exchange a week I own. If I want to use it myself, I just pay the MF when it's due.

Jim

 

[riverdees05]

About 2/3 of my resorts require that you pay an estimated maintenance fee for the year that I want to deposit a week with an exchange company. One of the resorts requires me to pay the next years maintenance fee to even reserve a week. The others do not require me to pay early. The ones that I do not have pay early I want till about 2 or 3 weeks before they are due to pay.

 

[MichaelColey]

I have a lot of floating weeks, and to get the best week to deposit you have to book early. I pay my MFs before the booking window (well in advance of the due date) so I can book and deposit the best weeks.

 

[Ridewithme38]

So its pretty normal to pay at least a year ahead....that's good to know. i've just paid the bills that came in this month due in 1/1/12...i'm going to see if i can find a way to pay next year MF by March

 

[scootr5]

For SBP you have to pay the fees before you can make a reservation, but not all *wood are like that. I paid my 2012 SBP in July so I could make a reservation for next August.

 

[linsj]

And once again Hilton has an advantage over other systems. I've already used and booked all of next year's points and booked some of 2013's points but haven't paid 2012 MFs yet since they aren't due until 1/1.

 

[Ridewithme38]

And once again Hilton has an advantage over other systems. I've already used and booked all of next year's points and booked some of 2013's points but haven't paid 2012 MFs yet since they aren't due until 1/1.

This seems that it would be a huge benefit for those that want to use the TS without paying their MF's....doesn't seem smart for Hilton to do

 

[scootr5]

And once again Hilton has an advantage over other systems. I've already used and booked all of next year's points and booked some of 2013's points but haven't paid 2012 MFs yet since they aren't due until 1/1.

Wyndham is much the same way too...

 

[Ridewithme38]

Wyndham is much the same way too...

I can't do it with my Wyndham fixed week

 

[Free2Roam]

I can't do it with my Wyndham fixed week

He's referring to Club Wyndham Points...those MFs are paid monthly for the current year. I have to pay MFs in advance for my floating week (which has not been converted to points) before I can make reservations.

 

[scootr5]

He's referring to Club Wyndham Points...those MFs are paid monthly for the current year. I have to pay MFs in advance for my floating week (which has not been converted to points) before I can make reservations.

Yes, sorry - I was referring to Wyndham points.