Using Club Wyndham points during a year

[yoprabhat1]

Sorry if this question has been answered elsewhere, but I could not find it via search on TUG.

Does anyone know if the CW points from a particular account year be used to book travel for the next year? e.g. If one uses 2022 points to book something in 2023, or 2024, would those stays (in 2023 or 2024) be charged to the point awarded for 2022, or will be deducted from 2023/2024 points? This would give one the ability to maximally use your current year points even if you are unable to travel during that year.

Regarding borrowing points from the next year, my understanding from reading the directory is that you can only borrow points from the next year (and not multiple next years) and only for reservations which are madefor the next 3 months. This rules out the possibility of getting any decently popular destination which requires more points than your allocation, since 3 months is just a short window. Is there any other way by which one can somehow borrow points (not rent) from a later year to book something more than 3 months out? Is there a way to borrow points from multiple later years?

I also believe the option bank your points for a later year needs to be made within 3 months of the award of the points for that year. Again this is a short time window to decide your travel plans for the remainder of the year? Any way around that? Thanks

 

[bnoble]

book something in 2023, or 2024, would those stays (in 2023 or 2024) be charged to the point awarded for 2022, or will be deducted from 2023/2024 points?

Points are deducted from the year in which the reservation starts.

Is there any other way by which one can somehow borrow points (not rent) from a later year to book something more than 3 months out?

No.

I also believe the option bank your points for a later year needs to be made within 3 months of the award of the points for that year. Again this is a short time window to decide your travel plans for the remainder of the year? Any way around that?

not unless you buy points from the developer. That is very expensive

You should probably read the directory’s description of the program. It explains this and much more.

Club Wyndham Directory 2022

cbadb35588.site.internapcdn.net

 

[Sloane S]

I also believe the option bank your points for a later year needs to be made within 3 months of the award of the points for that year. Again this is a short time window to decide your travel plans for the remainder of the year? Any way around that? Thanks

And that is three months later than it used to be a couple of years ago. The theory is that at that point you are in the 10 month window for the rest of the year so you should have your plans pretty well set.

If you think that planning a trip 9 months from now is too far out to plan, you may want to reconsider purchasing a timeshare in the first place.

 

[cbyrne1174]

I have found that it's best for me personally to have a bigger account and just rent out what I don't need to make sure I have enough points every year. I didn't want to have to worry about running out of housekeeping since I do a lot of short stays locally in Orlando. I only use about 50% of my Wyndham points and rent the other half out. I use about 75% of my housekeeping though.

I make a little bit extra income as well, but it's going to be a pain in the butt doing my schedule E taxes. I already have to do a schedule C for my side hustle so it's not super inconvenient since I have more than just a W2 this year regardless. If you are a W2 employee with nothing else, I would only own what you can use, but if you don't mind doing extra taxes, the $2000 ish in passive income isn't that bad. It paid for my flight and car rental for my trip to St Thomas that I'm currently on.

 

[yoprabhat1]

Thanks @scootr5 and @cbyrne1174 for your replies.
If the points are deducted from the year the reservation starts, rather than booking year, then what sense does it make to even have a 13 month advance reservation because that will always be beyond my membership year, is it not? In booking 13 months out I would never be able to use my current year's points.

Then it seems the only way to use the otherwise going-to-be-unused points is to either rent it out (and deal with income tax complications) or just deposit the unused points into RCI for a later year use (or use the 3 month window from points allotment to defer it to the next year if you can see that far).

@cbyrne1174, curious to know do you rent out raw points (and offer to make reservation for the person based on where they want to go within those points and for how long), and do they need to be a certain big minimum size like 100k-200k? Or do you rent out specific resorts during popular time of the year. Which one do you find more beneficial to do?

 

[Eric B]

In booking 13 months out I would never be able to use my current year's points.

... ultimately, you will have made those reservations last year. In any case, most of my reservations are at the 10-month point when I can book anywhere rather than the 13-month point when I can only book what I own. YMMV.

 

[Sloane S]

If the points are deducted from the year the reservation starts, rather than booking year, then what sense does it make to even have a 13 month advance reservation because that will always be beyond my membership year, is it not? In booking 13 months out I would never be able to use my current year's points.

You get a leg up on anyone else looking to book at your home resort, for instance I've already booked 4th of July week at my home resort for next summer, using 2023 points. In December of this year I will book another trip for October of 2023, using the remainder (or most of), my 2023 points. If I happen to have a few left, I will then deposit them in to a future year in the January to March 2023 time period.

@cbyrne1174, curious to know do you rent out raw points (and offer to make reservation for the person based on where they want to go within those points and for how long), and do they need to be a certain big minimum size like 100k-200k? Or do you rent out specific resorts during popular time of the year. Which one do you find more beneficial to do?

Everyone has their own methods, but if you were going to rent I would make a prime reservation and then try to rent it out, rather than taking a request, checking availability and responding to the person, waiting for them to maybe confirm they want it and pay, all the while hoping it remains available. For someone new to timesharing, let alone renting, it's not a strategy I would encourage.

 

[Jan M.]

Wyndham is really cracking down on owners renting. For over a year now they've been sending certified letters to owners who rent; advising them that it isn't allowed and the consequences should they continue to rent. About two months ago they also sent an email that many owners received. Some of those owners weren't doing rentals.

After that email was sent out the Wyndham owners helping owners Facebook group dropped "rentals welcome" from the group's name. Amy Pavlock, one of the group's administrators, posted a reply she received from someone in Wyndham. It states that if you list your rentals in public sites that you are engaging in commercial renting and that Wyndham can restrict your account. They can block you from being able to add a guest name to any reservations and can even suspend your account.

If the resort and dates aren't on the owner priority lists they seem to be allowing owners to still rent using Extra Holidays which isn't a great option for owners.

Between the priority lists and not risking advertising rentals on any public site, it's no longer a feasible plan to count on income from rentals to help pay your maintenance fees.

 

[chapjim]

Wyndham is really cracking down on owners renting. For over a year now they've been sending certified letters to owners who rent advising them that it isn't allowed and the consequences should they continue to rent. About two months ago they also sent an email that many owners received. Some of those owners weren't doing rentals.

After that email was sent out the Wyndham owners helping owners Facebook group dropped "rentals welcome" from the group's name. Amy Pavlock, one of the group's administrators, posted a reply she received from someone in Wyndham. It states that If you list your rentals in public sites that you are engaging in commercial renting and that Wyndham can restrict your account. They can block you from being able to add a guest name to any reservations and can even suspend your account.

If the resort and dates aren't on the owner priority lists they seem to be allowing owners to still rent using Extra Holidays which isn't a great option for owners.

Between the priority lists and not risking advertising rentals on any public site, it's no longer a feasible plan to count on income from rentals to help pay your maintenance fees.

Also, if an owner is using resale points, it is difficult to offer a price that will be attractive to renters, except perhaps for event weeks. And, unless the owner has a pool of previous renters, the week will have to be listed.

There are still a lot of big-time owner-renters as can be seen by perusing Last Minute Rentals, RedWeek.com, eBay, etc. I can't help thinking they are walking on thin ice. This from one who fell in!

 

[schoolmarm]

The OP is working under the assumption that everything gets booked up 10-13 months beforehand. This is not true...except for summer in Myrtle Beach, and large units in popular resorts during holidays. Weekends tend to book faster and earlier than weekdays. But I've been able to get even Glacier Canyon within a month of the reservation.

Flexibility is the key. I book my "MUST HAVE" vacations as soon as I can. Everything else is usually within 3 months. I'm usually only booking a small unit. As you look at the availability calendar for each resort, you will see what is available.

I encourage all new (and not-so-new questioning) owners to read the directory. The answers are there.