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RCI Points

The timeshare concept has been around for nearly 40 years and the major force behind its growth and success was the concept of exchange. Based on a barter system of a week for a week, exchange has provided families with the opportunity to travel the world. And it has proved to be incredibly successful with over 20 million exchanges confirmed over the past 35 years.

But as our holiday requirements change, the timeshare industry has developed a new product in response – Points. And RCI now leads the way with their RCI Points system offering a fairer and more flexible holiday experience than ever before.

Simply explained, Points are a type of inflation-proof holiday currency. Owners receive an allocation of Points every year and use their Points to book and pay for their holidays.

RCI operates two systems – RCI Weeks and RCI Points. With RCI Weeks owners deposit their week/s into the SpaceBank and, subject to the trading power of their week/s, can book another week of a similar value at another resort. This simply means a week of timeshare for another week of timeshare at over 3,000 resorts worldwide.

With RCI Points, owners cede their week/s to RCI and in return they receive a number of RCI Points in to their account every year. Owners still own their week of timeshare and can go back to their own resorts if they wish – they are simply handing the use of this to RCI every year.

Then with the RCI Points in their account they can start to make bookings. Every week in the RCI system has been valued in Points and this is where the extra flexibility and choice comes to the fore. Rather than just book one week of holiday for their week of timeshare owners can spend their Points how they like. So if a member has 50,000 Points in their account and the week that they want is just 20,000 Points, they have 30,000 Points left over to spend on another holiday.

In this way owners can enjoy more holidays for their timeshare week – and their management fee. They can also save, borrow and rent Points to complete their bookings. And with the RCI Points Partners spend their Points on a range of holiday items such as hotels, car hire and travel insurance. Finally, rather than paying an exchange fee, Points owners pay a reservation fee which is much more cost effective.

Yes, there might be holiday weeks at resorts that are valued above what owners have in their accounts. If this is the case, owners have the choice to save, borrow or rent Points to book this accommodation if they choose to. Or they can find alternative accommodation they can afford with their Points.

However, RCI Weeks owners will only have access to such high value weeks if they fall into the member’s Trading Power limits, which may only happen a short time before the start date of the week. And most people cannot wait for this to take place.

To find out more about RCI Points and the prices to join, please contact Resort Solutions on 01858 431160