RCI Points - saving points forward

[sfwilshire]

Hi Madge,

Had to call a VC today to complete a 2006 Points Standard Reservation because the website gave me trouble. When I did, he offered to save again my expiring points that were already saved from 2004 for a $29 fee. I questioned him being able to do this, and he mentioned that it was a new program.

Can we get details?

Can you only save points for one additional year?

Do you always pay the fee (unlike saving current year points where the fee is waived if you've had a transaction)?

Are there limits to how many points you can save?

Any other facts that I haven't thought about?

This sounds like a good thing. I decided to wait since I have less than 3000 points that will expire at the end of December and I may try to use them for a weekend, but the VC said I could save them right up until the end of the year.

Thanks for giving us the scoop.

Sheila

 

[Madge]

Sheila,

RCI now offers RCI Points members the option of extending their points for an additional Use Year. This is similar to the deposit extension option available to RCI Weeks members.

If you request an extension as a stand alone transaction, the pricing is as follows:

1-14,000 points, $59 USD flat fee
14,001+ points, $.004 per point

However, if you request the extension in connection with another transaction, the pricing is lower:

1-14,000 points, $29 USD flat fee
14,001+ points, $.002 per point

 

[sfwilshire]

Thanks, Madge.

Good to have the info. I'll be able to decide the answer before I get the question the next time.

Sheila

 

[Marina_K]

Hi Madge,

That's good to know. Was this communicated to Members?

 

[caribbean]

First I have heard of it. BUT I LIKE IT !!!!

 

[brucecz]

Madge what would be the charges for 100,000 or 200,000 or 300,000 Ect RCI Points being extended?

Madge what is ment by by "[However, if you request the extension in connection with another transaction, the pricing is lower:
QUOTE=Madge] What other transactions would make the pricing lower?

Thanks you in advance in reply.

Bruce

RCI now offers RCI Points members the option of extending their points for an additional Use Year. This is similar to the deposit extension option available to RCI Weeks members.

If you request an extension as a stand alone transaction, the pricing is as follows:

1-14,000 points, $59 USD flat fee
14,001+ points, $.004 per point

However, if you request the extension in connection with another transaction, the pricing is lower:

1-14,000 points, $29 USD flat fee
14,001+ points, $.002 per point[/QUOTE]

 

[cclendinen]

Half Pice not on all transactions.

Madge,
I made a points trasaction and tried to extend my points expiring from 2004 for half price. Since the transaction I was making was in my 2004 'Use Year' it was not eligble for the half price. In order to qualify for the half price the transaction would have to have a check-in date after my expiration. I called again and got a different VC and they told me the same thing.

 

[Madge]

Hi Madge,

That's good to know. Was this communicated to Members?

Marina,

I don't know that any major communication was provided; Guides simply began to offer the extensions by telephone as applicable.

 

[Marina_K]

Madge,

I noticed in the 2005/2006 Disclosure Guide Addendum 1 that this seems to be a permanent(?) thing for members in other countries.

Is RCI Points just trying it out in the US or will it be a "permanent" thing?

 

[Madge]

Madge,
I made a points trasaction and tried to extend my points expiring from 2004 for half price. Since the transaction I was making was in my 2004 'Use Year' it was not eligble for the half price. In order to qualify for the half price the transaction would have to have a check-in date after my expiration. I called again and got a different VC and they told me the same thing.

cclendinen,

I'm not sure I understand this scenario. If your points had not yet expired, there would have been no need to extend them at all. Can you clarify a bit more? I'll be glad to try to find the answer for you.

 

[Madge]

Bruce,

Please see my answers below:

Madge what would be the charges for 100,000 or 200,000 or 300,000 Ect RCI Points being extended?

Madge what is ment by by "[However, if you request the extension in connection with another transaction, the pricing is lower:
What other transactions would make the pricing lower?


100,000 points as a stand alone extension (no transaction being processed) would be 100,000 points X $.004 = $400

100,000 points extended in connection with a transaction would be 100,000 points X $.002 = $200

 

[Madge]

Madge,

I noticed in the 2005/2006 Disclosure Guide Addendum 1 that this seems to be a permanent(?) thing for members in other countries.

Is RCI Points just trying it out in the US or will it be a "permanent" thing?

Marina,

All indications are that this will be a long-term program, similar to the extension program for RCI Weeks deposits.

 

[brucey]

Marina,

All indications are that this will be a long-term program, similar to the extension program for RCI Weeks deposits.

Madge will this also apply to the european points system and if so what will the costs be?

 

[Madge]

brucey,

This program was first tested in North America. According to the program leaders here in the U.S., there is no word yet of other RCI offices adopting a similar program. You may wish to make the suggestion to RCI staff in Europe directly. International offices operate with a fair amount of autonomy due to differences in culture, market, and law. Your input will be important.

 

[brucecz]

Thanks for the reply. I just noticed it now. That .4 cent per cost per point seems very high for that service.

Bruce

Bruce,

Please see my answers below:

 

[cclendinen]

2004 Use year ends on 9/30/05

cclendinen,

I'm not sure I understand this scenario. If your points had not yet expired, there would have been no need to extend them at all. Can you clarify a bit more? I'll be glad to try to find the answer for you.

I have 2003 points expiring at the end of my 2004 use year, which is the end of September. When I tried to extend the expiring points (during a exchange with a September check-in), I was told only points transactions for exchanges beyound the 2004 expiration qualified.

 

[Madge]

cclendinen,

I will get back to you on this as quickly as possible - I'm also not clear about why this would be the case.

 

[cclendinen]

RCI VC took care of it. Great Service.

cclendinen,

I will get back to you on this as quickly as possible - I'm also not clear about why this would be the case.

The half price offer to carry over expiring points is only good for an exchange with a checkin in the next use year. I had a VC ask a supervisor if it was possible to apply the it to a past transaction. Since it had not been offered to me during the transaction the supervisor allowed to to be applied retroactively.

Great customer service!

 

[Madge]

cclendinen,

I'm very, very glad to hear you received such great service and a resolution to your quandary!

I did also get clarification so that I would have a proper understanding of this myself. If you are making a reservation with a check-in date that occurs before the expiration of your saved points, our system will not allow the extension as part of the transaction. However, the points may be extended as a stand alone transaction for the higher fee.