RCI Points Question

[StaceyJ]

My wife and I are Vacation Village at Bonaventure owners with RCI Points and we were offered the recent $1200 deed back opportunity. My wife and I were so happy about this opportunity, because we are ready to move on from timeshares and RCI. This was until we learned that our 5 years of banked RCI points worth 300,000 points could not be used if we do the deed back and no longer have an RCI Points membership through a resort.

Our options were to do the deed back and forfeit the 300,000 points or continue to hold Vacation Village of Bonaventure until we used our points then hope for another deed back opportunity in a year or two. Since the 300,000 points have a MF sunk cost of ~$6,000-7,000, we opted to not do the deed back and are motivated to use all our points as quickly as possible.

But there could be another option if we hurry up and and buy into another RCI points resort to continue our RCI points membership, do the deed back, use all our points over a couple years, then sell the new RCI Points resort. Asking the TUG experts to weigh in on this latter option and if there are any ideas on a low MF option to buy into an RCI Points resort quickly. Any other ideas to help us take advantage of this deed back opportunity?

Thanks in advance.
Stacey

 

[PeakSeason]

In my opinion, this might be a good fit for an every other year 1br Grandview Las Vegas deed. The annual maintenance fee is $250 and it comes with 61,000 points on your use years.

You can also look for a triennial here, but those are harder to find for weeks 38-45, which is prime football season and the highest point deeds.

This would get you a cheap week with low maintenance fees to keep RCI alive and still gives you a great maintenance-fee-to-point ratio to future proof your RCI membership as much as you can

 

[escanoe]

This isn't really a vacation village thing. it is an RCI thing as I understand it. you have to own an RCI points property to keep an RCI points account.

If you were to go to an EOY Grandview or anything else enrolled in RCI points, you could keep your points. Not that I recommend you buy anything else.

I believe you can use the points you have now to actually book something then you can use your booking after your timeshare is gone if you deed it back. But you won't be able to make changes to the booking. I recommend calling or chatting with RCI to verify this.

 

[StaceyJ]

I believe you can use the points you have now to actually book something then you can use your booking after your timeshare is gone if you deed it back. But you won't be able to make changes to the booking. I recommend calling or chatting with RCI to verify this.

The Vacatia rep (the new owner of Vacation Village) told me I just had to have reservations, not have taken vacations.

The first RCI rep told me my points would not go away if I deeded back my points resort because I had paid for those points with MFs. The second RCI rep told me that is how the RCI Weeks program works, but not RCI points. He said if you no longer own at an RCI points resort...all your unused (reservation or not) points disappear. If I called a third rep I would probably get a third response, but the possibility of losing 300,000 points was enough to scare me to not do the deed back.

 

[StaceyJ]

This isn't really a vacation village thing. it is an RCI thing as I understand it. you have to own an RCI points property to keep an RCI points account.

Are you saying I should have posted this somewhere else instead of here?

 

[escanoe]

Are you saying I should have posted this somewhere else instead of here?

IMHO. you have found out what you need to know here. If you want more responses, you could ask the moderator to move it over to the exchanging timeshares thread. Your deed back details fit best here. Being able to use RCI Points after you no longer own an RCI Points property would probably find more expertise in the exchanging thread. Sounds like you own more than you need and it will be a self-fulfilling prophecy to keep the property if you don't want to lose the points. You might want to do something like buy a good EOY Massanutten trader and deedback the VV property as soon as you start the transfer process?

I would be curious what others think but I would not pick up a VV property right now (I own two), especially for RCI Points reasons. While they have been strong RCI Points traders with good benefits -- there is some evidence VV is struggling and their relationship with RCI is not what it was (internal exchange fee in weeks going up considerably and no longer eligible for deposit restore).