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RCI restore deposit trading power option

BevL

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I'm not sure if this was posted and if it was, please feel free to delete or merge my post. While trolling around RCI, I noticed on the page that lists available deposits a banner for the above noted feature.

Long and short, you can deposit your week up to two weeks before check in and pay a fee to have the trading power restored to if you had deposited it at nine months. Here are the Guidelines for it.

https://img1.wynimg.com/static/docs/wow/en_US/Deposit-Restore-Guidelines.pdf

While I was holding with Interval to cancel an exchange, I did a live chat with RCI and found out that the cost is 69 U.S. and 95 CAD.

Again, if this is a repeat, my apologies.
 

bellesgirl

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If that is the case, why would anyone with a decent week deposit early? Esp. if you are considering renting it out. Seems like a small price to pay for the flexibility. Maybe I should try renting out my week 52 in Orlando afterall if all it takes is $69 to restore full value.
 

Miss Marty

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RCI ~ Your Deposit Trading Power Restored


RCI Deposit Restore SM Guidelines


1.1. RCI Weeks Members who deposit a Week less than 271 days before the start date of such Week may receive a lower Deposit Trading Power for such Week in accordance with Trading Power Adjustment Schedule. The RCI Deposit Restore product allows RCI Weeks Members to deposit a Week less than 271 days before the start date of such Week (but at least 15 days prior to the start date of such Week) and receive the full Deposit Trading Power for such Week by purchasing the
optional RCI Deposit Restore at the time of deposit.

RCI Weeks Members whose Weeks are deposited by their resort and
who wish to avail themselves of this option must purchase the RCI Deposit Restore product before the end of the next Business Day after receiving notice that the Week has been deposited by the resort into the member’s RCI account.

1.2. In order for an RCI Weeks Member to be eligible for the RCI Deposit Restore benefit, the applicable Weeks Membership must be current and paid in full at the time the RCI Deposit Restore benefit is requested.

1.3. Deposit Restore may be cancelled for a refund before the close of the next Business Day after the date of purchase.
Upon cancellation of Deposit Restore the Deposit for which the Deposit Restore product was purchased will receive a Deposit Trading Power based on the date of the Deposit in accordance with the Trading Power Adjustment Schedule.

1.4. RCI in its sole discretion may waive or modify certain of these guidelines for RCI Members who are Platinum Members. Please see the RCI Platinum Membership Tier Rules for additional details.

Source: rci.com
 
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