Basically free 200k RCI points every year?! Unbelievable. The resort is still running?
Yes exactly and honestly I thought that was normal since I bought it before discovering TUG and learning it was unique, so far. It’s been such a good deal I bought more.
Another one I have at the same resort was 230k points deposited under the same RCI program and has pre-paid all inclusive fee but I found a way to use up those nights booking others and making $50 USD a night booking folks. Membership nights can be used for booking or depositing into RCI. It had 1750 nights when I bought it. I kept the newest one with over 2000 nights for RCI points and the older one nights got used up booking folks.
The resorts still exist but were sold and operate under different names now. Was in Cancun as Blue Bay Getaway and Sea Adventure resorts when originally bought.
If you look up a lawsuit with RCI involving Mexican resorts you’ll find folks successfully sued RCI for selling tons of points for cheap and then took away ways they could be used. Each night deposited is worth about 2800 points in RCI and some folks bought thousands of nights as they originally could be used for booking RCI flights and car rentals. In the law suit it mentions another resort name doing the same activity but I’ve never found a contract to review and see if the same opportunities exist there too.
I bought another membership for the resort that’s weeks based in RCI and got 2066 nights or / 295 weeks I can use in RCI or at the resort. It was dated 2018 and I paid only $2k with no additional annual fees afterwards. Got it through SMTN and they didn’t know what they were selling. I think the resort issued it as a follow up to the lawsuit for the guy who sued them since they likely had to rewrite why was previously offered in the one he sued them for. Came with some added perks for additional discounts when booking.
The membership I bought 2nd hand was actually in the name of t( George T) whose the guy who successfully sued RCI but ended up getting divorced and their lawyer settling things thought it was a typical timeshare worth very little.
On that one I added 4 beneficiaries into the membership for the resort selling 50 nights to each party for $2500 USD so they can book as a member getting member beneficiary rates and perks. Each beneficiary can also buy up to another 100 nights each for $50 USD each so another $20k possible to be in the coming years.
I also get 5 resort weeks deposited into RCI weeks program at $199USD each a year and that gets me 10 weeks total and about 100-120 TPU’s in RCI. Occasionally they do the full 5 week deposit for $600 or $800 USD.
So I have 2 separate RCI points and weeks memberships I use with a total of 200k points and up to 120 TPU each year.