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Bonus Weeks Question... [Grand View, Las Vegas]

eman072509

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Hello,

I'm a new Time share owner. I recently discovered this site. My wife an I bought a unit at the Grandview at Las Vegas. It was a one bedroom biannual time share even years on week 29. We were set up in RCI Weeks. Because of the timing of when we bought, we decided to use our week this year.

On the first day we were talked into going to an "Owner Survey" This included a free buffet at the Southpoint casino next door. We listened to their pitch, and they started talking about RCI Points. We ended up trading in our timeshare for an Odd year biannual 2 bedroom on week 18, but instead of weeks we are getting points. (98,000 per 2 years, or 49,000 per year depending on how I pay my MF's.) Other than I could of gotten an annual TS in the same resort in a similar week (98,000) I don't think I did to bad. My points to MF's work out to be well under .01 cents per point as long as I don't include my purchase price.

The question I have is they deposited two weeks into my RCI weeks account. My account shows two exchange weeks with 0 TPU. Can I convert theses weeks to points?

Regards,

Eric
 

pacodemountainside

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Did you get a biannual(twice a year) or biennial (EOY)?

Generally any purchase from a Developer is a bad deal although really not a enough info to analyze.

If you have weeks switch to points and vice versa!

You do need to amortize your total cash to Developer over say 10 years to come up with realistic annual cost.

No RCI weeks are separate from points inventory. Typically RCI bonus weeks are very restricted in usage, kinda like last call inventory.
 

presley

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I think you do have the points and just aren't able to access them. Do you have your log in information for the RCI points account? It will be different than logging into RCI weeks. You should see all your points in that account. If you don't, you need to call RCI.
 

tschwa2

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Generally bonus weeks through Vacation Villages are good 45 days or less from travel and can be used with exchanges that are valued at 7 or 8 or less tpu's. You wouldn't be able to convert a bonus week to points that you could use in combination with your regular points.

Since you say you did this during your week 29 stay it is probably past the time you could rescind as you say you did it on your first full day.
 

pacodemountainside

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Probably should have included this post so responders had full picture!

#93
eman072509
TUG Member


Resorts: Grandview Las Vegas, NV Hi,

My wife and I got suckered into attending a Wyndham TS sales presentation in Las Vegas. The lying &%@ of a "salesman" attempted to tell us that 105,000 Wyndham points were worth more than 98,000 RCI points. Since I just upgraded my old TS (Yes, I spent more than I should have, but I don't believe I did to bad. For the price I paid, I could have bought an annual one in the same TS resort.)

To make a long story short, after comparing the two, (Discovering TUGBBS YEA!!) we chose to rescind the Wyndham resort. Since I couldn't make heads or tails of the rescind page, I chose to go to the place we bought it from, to rescind in person. (According to Nevada State Law, that is what you can do.) We stood our grounds, and told them NO, NO, and NO we were not going to purchase any other offer, they finally took our old contract, and all of the other "stuff", gave us a copy of the rescind paper, with the contract number on it, Date stamped and initialed by the person who we were told handled people like us who back out of contracts.

I didn't find this thread until today. Did I make a mistake?? Should I have had copies made of the contract?? Thoughts, Ideas??

Eric

High light does not make sense. How could getting EOY be a better deal than annual?

Stay away from TS sales weasels. They are hazardous to your financial health.

Wyndham rescission instructions specify certified mail to P.O. Box in Vegas.

Call 1-800-251-8736 option 2 and ask if they got. Sales weasel is losing August rent money.
 

eman072509

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Did you get a biannual(twice a year) or biennial (EOY)?

Generally any purchase from a Developer is a bad deal although really not a enough info to analyze.

If you have weeks switch to points and vice versa!

You do need to amortize your total cash to Developer over say 10 years to come up with realistic annual cost.

No RCI weeks are separate from points inventory. Typically RCI bonus weeks are very restricted in usage, kinda like last call inventory.
You are correct. I'm still learning the TS lingo.

I originally had a week 29 unit that I could use on even years. It was a one bedroom, and I was on RCI weeks. I paid 10K for it. I upgraded to a 2 bedroom unit that I can use every other year on week 18. This is on RCI points, and they traded in my old unit, gave me the new unit for 6K. The total purchase price is 16K. I have seen several annual units being sold here, and on Redweek for about the same price. So, yes I paid twice what I should have, but I think I can make use of it. Worst case scenario, we go to Vegas every other year on week 18.

As the previous poster posted, I did rescind a Wyndham TS that my wife and I were told was a better deal. We found different after reading this site.

Two things I learned. First if you are going to go to a TS presentation, don't believe anything they are saying. Expect it to take at least 4 hours or more, and figure they are going to attempt to screw you out of your perks if you don't purchase something. (And please DON'T purchase anything.)

Second, if you look up the word gullible in the dictionary, you will find my picture there.

I'm learning, so it isn't all bad.

I hope this is a better clarification.
 
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LannyPC

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Two things I learned. First if you are going to go to a TS presentation, don't believe anything they are saying. Expect it to take at least 4 hours or more, and figure they are going to attempt to screw you out of your perks if you don't purchase something. (And please DON'T purchase anything.)

Second, if you look up the word gullible in the dictionary, you will find my picture there.

Actually, many here on TUG learned such lessons the hard way. In fact, now that we've been more educated, many are taking the stance of not even attending such presentations regardless of what label the resorts sugarcoat it with (eg. "Owners' Update", "Welcome Breakfast", "Resort Survey", etc.).
 

BennyBoy00

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The good thing is that you can book nearly any week you want at Grandview within 45 days using the Vacation Village bonus week certificates. Most weeks are also available on the numerous RCI extra vacations sales. Book future weeks at Grandview using the bonus week certificates or extra vacation sales, and use your points for exchanges elsewhere.


You are correct. I'm still learning the TS lingo.

I originally had a week 29 unit that I could use on even years. It was a one bedroom, and I was on RCI weeks. I paid 10K for it. I upgraded to a 2 bedroom unit that I can use every other year on week 18. This is on RCI points, and they traded in my old unit, gave me the new unit for 6K. The total purchase price is 16K. I have seen several annual units being sold here, and on Redweek for about the same price. So, yes I paid twice what I should have, but I think I can make use of it. Worst case scenario, we go to Vegas every other year on week 18.

As the previous poster posted, I did rescind a Wyndham TS that my wife and I were told was a better deal. We found different after reading this site.

Two things I learned. First if you are going to go to a TS presentation, don't believe anything they are saying. Expect it to take at least 4 hours or more, and figure they are going to attempt to screw you out of your perks if you don't purchase something. (And please DON'T purchase anything.)

Second, if you look up the word gullible in the dictionary, you will find my picture there.

I'm learning, so it isn't all bad.

I hope this is a better clarification.
 

Ron98GT

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Hello,

I'm a new Time share owner. I recently discovered this site. My wife an I bought a unit at the Grandview at Las Vegas. It was a one bedroom biannual time share even years on week 29. We were set up in RCI Weeks. Because of the timing of when we bought, we decided to use our week this year.

On the first day we were talked into going to an "Owner Survey" This included a free buffet at the Southpoint casino next door. We listened to their pitch, and they started talking about RCI Points. We ended up trading in our timeshare for an Odd year biannual 2 bedroom on week 18, but instead of weeks we are getting points. (98,000 per 2 years, or 49,000 per year depending on how I pay my MF's.) Other than I could of gotten an annual TS in the same resort in a similar week (98,000) I don't think I did to bad. My points to MF's work out to be well under .01 cents per point as long as I don't include my purchase price.

The question I have is they deposited two weeks into my RCI weeks account. My account shows two exchange weeks with 0 TPU. Can I convert theses weeks to points?

Regards,

Eric
How long ago did you exchange your 1-bdrm weeks TS for the 2 Bdrm points TS. Do you have anything in writing that both of you signed? Are you signing into RCI weeks or RCI points?

When you log on to RCI, when you have a weeks account, you can only sign into RCI Weeks. When you have RCI Points, you no longer sign into RCI Weeks, you ONLY sign into RCI Points, which gives you transparent access to RCI Points and RCI weeks. You will no longer see any TPU's, only your RCI Points.

My guess is:
1. Your signing into RCI Weeks, not RCI Points.
OR
2. They haven't set up your RCI Points account yet and switched you over.
OR
3. Some other screw up.

There is nothing you can do to exchange a week to points. You shouldn't see any reference to weeks or TPU's. You should only see RCI Points.
 
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tschwa2

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Actually when you have an rci points account, you get an rci weeks account as well. I have heard that some get it set up even if they do not own any "weeks" weeks for the rci account. You would have a seperate log in for each. My guess is that since the op traded in the weeks unit for a points unit on the 21 of july that the points account isn't set up yet. Resale weeks can take 4 -6 weks but retail is probably half that time. I would imagine that future bonus weeks would be deposited in the points account but like the 0 tpu, it would show as 0 rci points and you would have to search specifically for weeks that are eligible to use with bonus week.
 

Ron98GT

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eman072509

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How long ago did you exchange your 1-bdrm weeks TS for the 2 Bdrm points TS. Do you have anything in writing that both of you signed? Are you signing into RCI weeks or RCI points?

When you log on to RCI, when you have a weeks account, you can only sign into RCI Weeks. When you have RCI Points, you no longer sign into RCI Weeks, you ONLY sign into RCI Points, which gives you transparent access to RCI Points and RCI weeks. You will no longer see any TPU's, only your RCI Points.

My guess is:
1. Your signing into RCI Weeks, not RCI Points.
OR
2. They haven't set up your RCI Points account yet and switched you over.
OR
3. Some other screw up.

There is nothing you can do to exchange a week to points. You shouldn't see any reference to weeks or TPU's. You should only see RCI Points.
I just upgraded a few weeks ago. No, I have not gotten my RCI Points account information yet. I guess I will learn more when my points account is set up.

Eric
 

Ron98GT

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I just upgraded a few weeks ago. No, I have not gotten my RCI Points account information yet. I guess I will learn more when my points account is set up.

Eric
That sounds like the problem, your in transition. No TPU's in RCI, because you've been converted to points, plus you no longer own that original 1 Bdrm TS. But no points because they haven't set up your RCI Points account, yet.

The new 2 Bdrm RCI Points TS has to be titled here in Clark County in your name before anything can happen, so hang in there. Also they have to change title with the original TS. Do you have anybody at GV that you can talk to, to see if it's completed escrow and where it is in title? Is someone working with RCI to change your account from weeks to points, after title is changed. At some time you won't be able to log into your RCI weeks account. There is no guarantee that your current RCI weeks username and password will transfer over to the RCI Points account, but you never know. That's why you really need someone over at the GV that you can talk to.

You'll enjoy the points account when you get it.


Check this out, you should at least see your original TS, but I doubt if your new one has recorded yet.

https://recorder.co.clark.nv.us/RecorderEcommerce/
 
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eman072509

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That sounds like the problem, your in transition. No TPU's in RCI, because you've been converted to points, plus you no longer own that original 1 Bdrm TS. But no points because they haven't set up your RCI Points account, yet.

The new 2 Bdrm RCI Points TS has to be titled here in Clark County in your name before anything can happen, so hang in there. Also they have to change title with the original TS. Do you have anybody at GV that you can talk to, to see if it's completed escrow and where it is in title? Is someone working with RCI to change your account from weeks to points, after title is changed. At some time you won't be able to log into your RCI weeks account. There is no guarantee that your current RCI weeks username and password will transfer over to the RCI Points account, but you never know. That's why you really need someone over at the GV that you can talk to.

You'll enjoy the points account when you get it.


Check this out, you should at least see your original TS, but I doubt if your new one has recorded yet.

https://recorder.co.clark.nv.us/RecorderEcommerce/
Thanks That is good site. I'll keep watching it to see when the deed gets recorded.
 
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