- Jul 1, 2010
- Reaction score
- Resorts Owned
- Club Wyndham, Quarter House, Club La Pension, a handful of East Coast beach resorts
You should be able to deposit into RCI anytime.They said something during the meeting today. Wyndham resale points have to be saved to RCI like five months ahead. So it's too late for 2021 points. That is my understanding.
The first post in this thread I noted that Cindy. You have to call, and they will allow you, this year only to pay $49 to deposit your resale point, until the end of this year.Maybe I misunderstood because I "pretend deposited" points to RCI and could do it with my resale points, so I am absolutely wrong about that. My connection kept pausing during the meeting, so I was getting choppy information and must have thought he said RCI deposits.
When I attempted to deposit the resale points into next use year in Wyndham, I couldn't do that. I got this message:
Points to Deposit
Please select your purchase type and enter the number of points you would like to save for a future Use Year. (I selected my resale points)
Your resale points are not eligible to deposit more than three months into the current Use Year.
What I really did misunderstand was the RCI deposits, and I did see that you were talking about Wyndham 2021 points. Thank you for the post because it made me look to see what I could and couldn't do for this year. Everything has changed with our ownership, owning about half VIP Platinum Founders and half resale points. Using resale doesn't seem all that difficult, as long as I put them into RCI or book some off-season weeks at Bonnet Creek, which is the only time we go to Orlando, anyway.The first post in this thread I noted that Cindy. You have to call, and they will allow you, this year only to pay $49 to deposit your resale point, until the end of this year.
That is my understanding too.I thought the time limits for depositing points into future use years was only for depositing into a future use year for Wyndham, not RCI. I thought for depositing into RCI you had until the last day of the use year, regardless of if it was resale or not. Is this a change?
Ok, I knew that, but someone mentioned the issue was depositing into RCI, so I was confused by that statement. I also thought they were going to let people deposit into future UY up through 12/31/21 if you called, so if you can do that, I would do that if you dont need any more RCI pointsThat is my understanding too.
The change is that VIP owners had a modified schedule on when they could deposit points into future years in Wyndham. Now basically they have two dates; the standard 3 months into use year for resale points, and whatever their VIP status allows for Developer points I also got that they are going to charge them to deposit each group of points separately, so as to collect twice the fees.
If you are planning on actually booking the reservation in 2022, you will have your 2022 RTs by then (issued on 1/1). The real issue is the HK cost, though. RTs are small potatoes.So I know I have 1 HK to pay and 1 TNS fee to pay on a upcoming Resale booking I know I was planning on making in 2022.
That matches the reasoning I've been using. I even set up my tracking sheet in Excel to show 0 points to PDF if I get below 3250 left in a use year. Try to avoid that by planning ahead and borrowing points for a reservation from the FUY to actually get down to zero instead, but this year they comped the PDF since I had to call in and do it instead of do it online, so I moved some points forward.The mathematics of saving points.
You can do BOTH point type (Resale and Developer) deposits at the same time, provided the rules and timing allow you to do so. For RESALE points you must do it within the first 3 months of the use year. But apparently you should be able to elect to do multiple conversion types for the same online $39 fee. If you don't deposit them at the same time (which I likely won't) then you will have to pay separately for each deposit when requested. For VIPP that have until the end of the use year, that just means doing it twice for most of us.
So THIS year with the rule change midyear, VIPs can still deposit Resale points that are past the 3 month rule, but it must be by Phone (844-991-0921). If you have a different use year you, you may be able to do it online.
But at what point does it make sense to save points.
On line the fee is $39 per transactions , over the phone $49. Renting points is $12/K so DON'T bother saving your points if you can rent the amount of points remaining for less money than the cost of saving the points.
So at $39 online, If you have MORE than 3250 points and you think you could use them then save them, otherwise just leave them, IF you even need them then rent them instead. At $49 calling, If you have MORE than 4083 then save them, otherwise forget it.
Saving only makes sense if you have enough points to make use of it. I will have 75K Resale and not sure exactly how much Developer, depends on what I pick up, rebook or cancel before the end of the year. I moved the 75K today and I am making a 4 BR PH booking for SRP opening tomorrow. That likely will not end up available during the discount window, so planning on burning all my available Resale points on that transaction.
I did not get mine comped I had to pay for it. How did you get a fee deposit? I even tried to get it reduced to $39 as there is no online and they would not go for that either.That matches the reasoning I've been using. I even set up my tracking sheet in Excel to show 0 points to PDF if I get below 3250 left in a use year. Try to avoid that by planning ahead and borrowing points for a reservation from the FUY to actually get down to zero instead, but this year they comped the PDF since I had to call in and do it instead of do it online, so I moved some points forward.