TechTeased
newbie
- Joined
- Aug 13, 2021
- Messages
- 2
- Reaction score
- 1
- Points
- 3
- Resorts Owned
- MVC Destination Points
We met with Marriott Sales and just purchased 1500points. We think the concept is great but now realize that we likely paid major premium from Marriott directly ($20k less $1k revisit pkg and some closing costs for $18,440), AND that 1500pts doesn’t really get us far. We have a a family of 5 and likely need 2 bedroom units. We don’t want to travel every other year… They gave us 1500pts additional bonus (3,000 starting Oct) which seemed great, but realize that is standard marketing. They postponed the MF til 2022 (0.61032%). We were sold this with a Marriott Bonvoy Gold Life Member and Interval Gold status and that seems great. We opened a Marriott Rewards Amex w 0% interest for 15 months. With the intention that $18k+ financed at 13.99% would be put on the card and then paid in full ASAP (3 months and no prepayment penalty) to build bonvoy points quickly. We know that Marriott has expanded and with Starwood and now have private home collections now, apparently we need bonvoy points for that (?) and could get airline tickets.
Cold feet set in. My wife realized that although we can afford it, it really limits our travel. We can find these resorts on websites for $1000/5 nights etc why spend $1,100 on MF and CD a year and only be able to go every other year etc. Are we wrong that 1500 Pts isn’t that much? We weren’t given solid examples and now think that may have been intentionally omitted. We want to go to Europe (in homes) and ski ( in winter) and beach (in summer) as kids are still in school.
We are still here at resort, do I go down to sales office and ask them to reverse everything? or do I send a certified letter when I get home mid next week? All of your help is appreciated!!
Cold feet set in. My wife realized that although we can afford it, it really limits our travel. We can find these resorts on websites for $1000/5 nights etc why spend $1,100 on MF and CD a year and only be able to go every other year etc. Are we wrong that 1500 Pts isn’t that much? We weren’t given solid examples and now think that may have been intentionally omitted. We want to go to Europe (in homes) and ski ( in winter) and beach (in summer) as kids are still in school.
We are still here at resort, do I go down to sales office and ask them to reverse everything? or do I send a certified letter when I get home mid next week? All of your help is appreciated!!