Hi all need your help, I am a first time user and a first purchase a semi timeshare owner not sure if this even is a full blown time share. maybe you guys can help clarify.
I am lonesome owner of a travel smart contract owner of this program
Type of Membership: SILVER 200 PRIME
Number of SmartPoints or weeks: 20,000
15 year membership contract
maint fee : 275 annually
transfer fee to rci : 250 per transfer
1. this was purchased through a resort via travelsmart part of sunwing group
2. might of been trapped by sales sharks
My wife and i was aware of the use fees per travelling expenses when going to any of there resorts... this was very unclear at the time of the sale presentation. After purchase and reading thru the guide...
Travelsmart guide rci transfer point
Exchanging your SmartPoints in RCI The RCI system usually works by requesting a week from the RCI system in exchange for the deposit of the week you own. As a TSVC member, you don’t need to convert your SmartPoints to a week to be deposited in RCI to request an exchange you can trade in your SmartPoints directly. To achieve
this, TSVC and RCI have determined a conversion factor of SmartPoints for each RCI Trading Power point. The RCI Trading Power (“TP”) is the value RCI assigns to its members’ deposits and may vary depending on the supply and demand of the resort destination, the season, the unit type and the
resort quality of each individual deposit. The RCI Exchange Trading Power (“ETP”) is the value of the individual weeks that are available in the
RCI system. The TP determines the weeks that will be available for exchange within the RCI system as valued through their ETP’s. ETP is considered on a 7 consecutive night basis, with predefined check in dates.
To know how many SmartPoints you need to book an RCI exchange, just multiply the ETP x 1,000.
The reason we want to transfer to rci points is because we was unaware of the high use fees of the resort that is offered by contract. we like someone to help us breakdown the rci formula and see if we can turn our points into rci point and maybe useful to use through rci database.
we plan to travel to Asia, florida, and parts of europe. which is not offered with travelsmart.
I am lonesome owner of a travel smart contract owner of this program
Type of Membership: SILVER 200 PRIME
Number of SmartPoints or weeks: 20,000
15 year membership contract
maint fee : 275 annually
transfer fee to rci : 250 per transfer
1. this was purchased through a resort via travelsmart part of sunwing group
2. might of been trapped by sales sharks
My wife and i was aware of the use fees per travelling expenses when going to any of there resorts... this was very unclear at the time of the sale presentation. After purchase and reading thru the guide...
Travelsmart guide rci transfer point
Exchanging your SmartPoints in RCI The RCI system usually works by requesting a week from the RCI system in exchange for the deposit of the week you own. As a TSVC member, you don’t need to convert your SmartPoints to a week to be deposited in RCI to request an exchange you can trade in your SmartPoints directly. To achieve
this, TSVC and RCI have determined a conversion factor of SmartPoints for each RCI Trading Power point. The RCI Trading Power (“TP”) is the value RCI assigns to its members’ deposits and may vary depending on the supply and demand of the resort destination, the season, the unit type and the
resort quality of each individual deposit. The RCI Exchange Trading Power (“ETP”) is the value of the individual weeks that are available in the
RCI system. The TP determines the weeks that will be available for exchange within the RCI system as valued through their ETP’s. ETP is considered on a 7 consecutive night basis, with predefined check in dates.
To know how many SmartPoints you need to book an RCI exchange, just multiply the ETP x 1,000.
The reason we want to transfer to rci points is because we was unaware of the high use fees of the resort that is offered by contract. we like someone to help us breakdown the rci formula and see if we can turn our points into rci point and maybe useful to use through rci database.
we plan to travel to Asia, florida, and parts of europe. which is not offered with travelsmart.