Is an EOY/Odd + EOY/Even IDENTICAL to Annual?

[BoomerKwanger]

I'm looking to buy resale points at Wyndham Bali Hai, but have noticed that they have a lot of contracts that are EOY. I would prefer an annual, but if I can't find one, is getting an EOY/Odd AND the same points in EOY/Even the same as owning a single annual contract?

I'm just trying to find out if weird things happen in the Wyndham system with either ARP, Housekeeping credits, transferring points to future years, or etc when it's 2 different interlocking contracts as opposed to a clean, single annual contract.

Thanks all in advance for your advice!

 

[dioxide45]

Can't speak to usage, but when buying you will pay two closing costs instead of just one.

 

[altiste1]

I've been wondering the same thing. Specifically, if have two EOY contracts and I want to bank points, do they bank to the next calendar year or the next use year under that contract? So for the EOYO year, if I bank 2023 points, do they go to 2024 or 2025?

 

[Fido Chuckwagon]

I've been wondering the same thing. Specifically, if have two EOY contracts and I want to bank points, do they bank to the next calendar year or the next use year under that contract? So for the EOYO year, if I bank 2023 points, do they go to 2024 or 2025?

Can’t you choose? I thought you can choose to bank 1 or 2 years forward.

 

[PPAES]

I found two great resale deals online: the first one was odd year for mid-season and I closed the deal. A few weeks later, I saw a unit for even years for a high-season. Both have the same low MF, and I closed the deal. Two units in two months. Today’s value, the MF combined, would be $674. I think it is a pretty good deal for a week every year in a very nice resort in Cancun. Yes, I had to pay two closing cost but $ value paid per unit, paid off itself.

 

[90_Min_Sales_Pitch]

If you are going to buy 2 EOY contracts, might be worth choosing two different islands for variety.

 

[paxsarah]

If you are going to buy 2 EOY contracts, might be worth choosing two different islands for variety.

Since it’s Wyndham, I suspect the goal is simply low maintenance fees and variety wouldn’t be necessary.

 

[90_Min_Sales_Pitch]

Since it’s Wyndham, I suspect the goal is simply low maintenance fees and variety wouldn’t be necessary.

True. We bought EOY for low MF and specifically to use at that resort (as well as a little leftover for somewhere else). Given that we're going to shoot for May and September for the low season, we probably don't even need the advanced booking window, and will have other choices within Hawaii.

 

[northovr]

except if one is a developer week and one a resale they put in two different buckets

Daniel

 

[altiste1]

It also appears that EOY contracts still pay the program fee every year ($0.68/1,000, minimum $175), so two EOY deeds would double that cost on a yearly basis.

 

[paxsarah]

It also appears that EOY contracts still pay the program fee every year ($0.68/1,000, minimum $175), so two EOY deeds would double that cost on a yearly basis.

It's still functionally and financially identical to an equivalent annual contract. There is no difference between an account that has a 154,000 annual contract, versus an account that has an EOY-even 154,000 contract and an EOY-odd 154,000 contract. They both pay the minimum program fee every year - note that that's a minimum per account, not per contract. And if all of the contracts are the same (say they're all CWA), the maintenance fees are the same as well.

 

[Mongoose]

Can't speak to usage, but when buying you will pay two closing costs instead of just one.

Don't you also have double club fees.

 

[altiste1]

- note that that's a minimum per account, not per contract.

That's the one piece I have not been clear on. Stated in the fact scenario we've laid out above, this makes sense. The logical extension of that is if for some reason I had two EOYE contracts still totaling less 257k in the use year, I would still be paying one minimum program fee every year (including during the odd or off year). Extending that logic even further, if I already own, say, a 350k point annual contract, I could acquire additional, tiny contracts (e.g., 77k, 84k) and would only pay the program fee calculated on the actual point values and not the minimum program fee. The conclusion on that last step seems unlikely to me, but please correct me if I'm wrong.

 

[paxsarah]

That's the one piece I have not been clear on. Stated in the fact scenario we've laid out above, this makes sense. The logical extension of that is if for some reason I had two EOYE contracts still totaling less 257k in the use year, I would still be paying one minimum program fee every year (including during the odd or off year). Extending that logic even further, if I already own, say, a 350k point annual contract, I could acquire additional, tiny contracts (e.g., 77k, 84k) and would only pay the program fee calculated on the actual point values and not the minimum program fee. The conclusion on that last step seems unlikely to me, but please correct me if I'm wrong.

Yes, once you're above the threshold for the minimum program fee, program fees for the entire account including any additional contracts you add will be calculated per point. It's $.68 per 1,000 points for resale-only accounts, and $.70 per 1,000 for accounts that include developer points.

 

[CruiseGuy]

I have both annual, EOY/E, and EOY/O contracts. You don't end up with double the fees when you own EOY. You do get billed annually, but you're billed for half the number of points. (If you own 154,000 EOY, you actually own 77,000 points and that's what you get billed for annually.) Of course that doesn't change the minimum program fee. And yes, owning an EOY/O and EOY/E with the same number of points at the same resort is functionally the same as one annual contract, and the annual fees will work out to be the same. The thing that will be different is the closing/transfer costs since you do have two contracts.

Separately, if you own both developer points and resale points in the same account, it's almost like having two accounts. You will have two separate buckets of points, developer and resale. For every reservation you make you will have to specify to use developer or resale points. If you need to combine both developer and resale points to make a reservation, then it will count as a resale reservation without any developer or VIP perks.