How Happy Are You With Your Diamond Ownership?

[Fried_shrimp]

what do you mean for retail buyers?

Retail = you bought points from Diamond at Diamond prices.
Resale = you bought points from another owner.....aka dirty points. You cannot Transition dirty points, ever.

 

[Fried_shrimp]

can someone explain Tier points?

Tiers only matter if you deposit points into DEX. 6 tiers and each tier is 2,000 points higher than the previous tier. If you deposit points into DEX you have to select a tier and use those number of points for the tier certificate. You then use that certificate sometime down the road to book a unit through DEX.

 

[pedro47]

Tiers only matter if you deposit points into DEX. 6 tiers and each tier is 2,000 points higher than the previous tier. If you deposit points into DEX you have to select a tier and use those number of points for the tier certificate. You then use that certificate sometime down the road to book a unit through DEX.

Sound liked you are enjoying the new DEX System?

 

[pierrepierre]

It just got to complicated and I was not ready to spend the time on it, and finally realized my husband was NOT going to travel as much as he said he was. At Platinum level, we went thru transitions which was easy as we had purchased thru Diamond all points. Each state purchased points in, was different price for transitions...IE: Arizona and Nevada. We now have that $9,000.00+ in maintenance fee to travel. Realized their properties in the USA were clustered together....and now they even have a program for more than 50,000 points, and have taken away some of the benefits. Alas, I understand EVERYTHING changes, but in this program it was NOT to our benefit!

 

[bobpark56]

We would be very happy, if only there were a resale market. Diamond does everything they can to thwart this. As a result, there is no way to part with your points as you age, except to pass them on to heirs who can't afford the maintenance and travel costs. So be sure to distribute your purchase price over your ownership years to compute the true cost of buying Diamond points. They have no residual value.

 

[Fried_shrimp]

Sound liked you are enjoying the new DEX System?

No, I don't use it just like I only used II twice in 13 years. One of the reason I converted my fixed weeks to points was to get away from having to pay exchange fees. Not saying I won't use DEX but if I do, it will be very rare.

 

[pedro47]

No, I don't use it just like I only used II twice in 13 years. One of the reason I converted my fixed weeks to points was to get away from having to pay exchange fees. Not saying I won't use DEX but if I do, it will be very rare.

I am very happy, you have learned how to maximize your trading power with points.
Sounds liked you are still using Diamond Points to exchange into Diamond Resorts.
Is that correct?

 

[Chika]

Tiers only matter if you deposit points into DEX. 6 tiers and each tier is 2,000 points higher than the previous tier. If you deposit points into DEX you have to select a tier and use those number of points for the tier certificate. You then use that certificate sometime down the road to book a unit through DEX.

es claro thank you

 

[Fried_shrimp]

I am very happy, you have learned how to maximize your trading power with points.
Sounds liked you are still using Diamond Points to exchange into Diamond Resorts.
Is that correct?

99.8% of the time. Enjoying Powhatan Plantation as we speak.

 

[Pinot51]

I've been with Diamond about five years. I find that the website is clunky, the personnel are all idiots, and it requires a lot of work to book my stays.
Two examples: 1/ My first year we were gifted 'silver' status and I tried to use it to book Maui by calling in and having them somehow get me an edge because of my silver status. After numerous phone check-ins with them, they couldn't get me a space. I started checking online myself and in a few days was able to book a room. Calling them back to get an explanation of why they couldn't get the room yielded nothing. 2/ Last week we attended an update [torture session] and we're given $100 along with certificate for two free nights that we could use at a resort in Tahoe that we like. We already have an upcoming stay there and I wanted to book for next year. Was told that space was not available for my dates so we booked December instead. Went online and found the dates that I wanted were in fact available so I booked them. Idiots and liars.
I will never ever by any points from them but instead use TUG to find rentals or resales.

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[ccwu]

I've been with Diamond about five years. I find that the website is clunky, the personnel are all idiots, and it requires a lot of work to book my stays.
Two examples: 1/ My first year we were gifted 'silver' status and I tried to use it to book Maui by calling in and having them somehow get me an edge because of my silver status. After numerous phone check-ins with them, they couldn't get me a space. I started checking online myself and in a few days was able to book a room. Calling them back to get an explanation of why they couldn't get the room yielded nothing. 2/ Last week we attended an update [torture session] and we're given $100 along with certificate for two free nights that we could use at a resort in Tahoe that we like. We already have an upcoming stay there and I wanted to book for next year. Was told that space was not available for my dates so we booked December instead. Went online and found the dates that I wanted were in fact available so I booked them. Idiots and liars.
I will never ever by any points from them but instead use TUG to find rentals or resales.

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We never call to book and always book on line a year in advance. So I would not know the experience for calling for reservation. We are platinum so we can book 14 months in advance. We go to owners update whenever the award is right (above $150) and we have 60 minutes spare.

 

[Ricci]

I have been depositing my 3 bedroom Grande Beach Orlando in RCI since 1995. I have always traded for KBC or Point at Poipu through RCI. I was recently confirmed into the Point at Poipu for May 2022 through RCI. For the first time I used DEX to confirm another May week to piggyback the RCI trade. It was easy and $159 for the confirmation. There are a lot of things I don't like about Diamond, but I do like the fact that if you deposit your week into the DEX program, you have five years to use it.

 

[winger]

Remember, Diamond can giveth and Diamond can taketh away. Who could ever forget the unlimited FREE upgrades for platinum owners! They went POOF!

And now they added Centum on top of Platinum

 

[Mongoose]

Liked the properties. Hated the culture. Sold it…

 

[pedro47]

And now they added Centum on top of Platinum

How many levels are there of Diamond owner ship? Centum, Platinum, Gold, Silver & Bronze. Sound liked the Olympics medals breakdown. LOL

What is Centum and how much does that level costs ?
How many points and what are their yearly MF ?

 

[Fried_shrimp]

How many levels are there of Diamond owner ship? Centum, Platinum, Gold, Silver & Bronze. Sound liked the Olympics medals breakdown. LOL

What is Centum and how much does that level costs ?
How many points and what are their yearly MF ?

Centum is the much talked about double Platinum level so 100,000 points minimum. Most of the new Centum benefits are the old Platinum benefits before the change in 2020. The bad thing is you have to make a 10,000 point purchase to get Centum, even if you are already at 100,000 points or greater which is BS IMO.

Maint fees on lowest Centum level would be about $18,000 per year and up.

 

[pedro47]

Centum is the much talked about double Platinum level so 100,000 points minimum. Most of the new Centum benefits are the old Platinum benefits before the change in 2020. The bad thing is you have to make a 10,000 point purchase to get Centum, even if you are already at 100,000 points or greater which is BS IMO.

Maint fees on lowest Centum level would be about $18,000 per year and up.

Wow

 

[Fried_shrimp]

Wow

It sounds high but it depends on how you use it. Maint fees on my 50,000 Platinum points is $9,200 a year but I get about 100 nights per year usage between 1 and 2 bdrm units so that comes out to about $92 per night, which is not bad IMO.

 

[pedro47]

That is great almost 15 weeks per year and the average cost per day is not all that bad. IMHO.

 

[ccwu]

It sounds high but it depends on how you use it. Maint fees on my 50,000 Platinum points is $9,200 a year but I get about 100 nights per year usage between 1 and 2 bdrm units so that comes out to about $92 per night, which is not bad IMO.

Wow! We have 54,000 points from dRI but part of it is US collection and 41,000 are HI collection. We bought extra $4,000 to get permanent select. (Deposit two VI resorts in HI to get approximately two 8,500 points.). So total is 71,000 points. Going to look how DEX works. We could get about 10-12 weeks a year. Never calculate how much it cost. MF is about $9.8 K (pay two club fee). We always try to book studio or scenic view one bedroom and upgrade to one bedroom or one bedroom ocean view or ocean view yo oceanfront. unless it is unavailable. So if we change plan, forfeit the upgrade fee. I wish they have annual
Upgrade fee like annual cancellation protection fee. Do you need to buy more points to get into DEX? We like the II exchange. So we pay II membership fee and II platinum fee. Those are extra (used to be covered by Platinum membership). Our average is 7,000 per week. We own HGV. MF is the same but using 3400 for 1 BR, 7000 for 2 BR. We got 90% free upgrade to the next level same size room (scenic to ocean view or ocean view to ocean front). We do enjoy larger rooms. So we think HGV is cheaper in MF ($0.18 per points and uses half the point DRI uses). HGV does not have points discount when getting closer so if one book, so owners book as soon as it opens for booking. That is why hot resorts it is hard to book if you don’t plan early. When closer, the only benefit is that owner can pay for open season rate in cash and don’t need to use points.


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[Fried_shrimp]

Wow! We have 54,000 points from dRI but part of it is US collection and 41,000 are HI collection. We bought extra $4,000 to get permanent select. (Deposit two VI resorts in HI to get approximately two 8,500 points.). So total is 71,000 points. Going to look how DEX works. We could get about 10-12 weeks a year. Never calculate how much it cost. MF is about $9.8 K (pay two club fee). We always try to book studio or scenic view one bedroom and upgrade to one bedroom or one bedroom ocean view or ocean view yo oceanfront. unless it is unavailable. So if we change plan, forfeit the upgrade fee. I wish they have annual
Upgrade fee like annual cancellation protection fee. Do you need to buy more points to get into DEX? We like the II exchange. So we pay II membership fee and II platinum fee. Those are extra (used to be covered by Platinum membership). Our average is 7,000 per week. We own HGV. MF is the same but using 3400 for 1 BR, 7000 for 2 BR. We got 90% free upgrade to the next level same size room (scenic to ocean view or ocean view to ocean front). We do enjoy larger rooms. So we think HGV is cheaper in MF ($0.18 per points and uses half the point DRI uses). HGV does not have points discount when getting closer so if one book, so owners book as soon as it opens for booking. That is why hot resorts it is hard to book if you don’t plan early. When closer, the only benefit is that owner can pay for open season rate in cash and don’t need to use points.


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You are automatically a member of DEX just you were automatically a member of II prior to 2021. It is part of your membership and can be accessed from the Diamond website.

One reason HGVC may have lower maint fees is because of all of the addon fees they have that Diamond doesn't. HGVC charges $59 to exchange within HGVC to a resort other than your home resort, Diamond does not. HGVC charges about $100 to roll this years points to the next year, Diamond does not. Fees like this do not reflect the true maint fee count with HGVC.

 

[ccwu]

You are automatically a member of DEX just you were automatically a member of II prior to 2021. It is part of your membership and can be accessed from the Diamond website.

One reason HGVC may have lower maint fees is because of all of the addon fees they have that Diamond doesn't. HGVC charges $59 to exchange within HGVC to a resort other than your home resort, Diamond does not. HGVC charges about $100 to roll this years points to the next year, Diamond does not. Fees like this do not reflect the true maint fee count with HGVC.

Thanks, I will take a look.

HGV does not Have additional fee for me. I am elite premier for HGV (similar as Dri platinum). Apple to apple comparison. (Platinum to elite premier). The only fee I may pay if I choose to is reservation protection fee ($119 fee so you can cancel reservation before arrival instead of 31 days. In DRI I pay a annually reservation protection so I can cancel 32 days instead of 91 days). No RCI member fee for HGV. The HGV MF is that you buy deed, if platinum season average pays less. (MF is per sq ft of a unit. While platinum season double the points of silver or gold season. It also per view, a oceanfront is more points than scenic view. So a 9600 points May pay the same as 3500 points. So the per point MF is different per resort and season). You pay more upfront charge to safe MF. Most HGV elite member choose to buy platinum season with premier unit deed.


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[pedro47]

Fried-shrimp any updates or news on the Diamond / HGVC merger ?

 

[dayooper]

Not Fried Shrimp, but any proxies from HGVC stock holders need to be in by July 28. I assume we won’t hear anything until then.

 

[pedro47]

Not Fried Shrimp, but any proxies from HGVC stock holders need to be in by July 28. I assume we won’t hear anything until then.

Thanks