knagel
TUG Member
- Joined
- Aug 19, 2013
- Messages
- 49
- Reaction score
- 4
- Points
- 118
- Location
- Iowa
- Resorts Owned
-
Grand Islander 2BR Penthouse Mountain View
Kings Land 2BR Platinum
First off let me state it was never my intention of buying into HGVC to convert points to HC even at 50 to 1. Having said that there do seem to be times when that may be at least be of some benefit. With all the "bogus" points I received when I bought into HCNY I literally had no use for my annual points received year one at HCNY (bonus points can not be used at home resort) so I converted them and as previously stated used them for a week stay in the Boston and Boston area. Not a bad deal but I agree far from great either. I will be burning through the bonus points over the next 18 months and will probably bank next years points into 2019 rather than convert.
These changes CAN be a very slippery slope and hopefully will not lead to further deterioration of benefits in the future. I say with some experience as I am currently involved in a class action suite with a fractional ownership property I have in Hawaii (I am not the lead plantiff) over just this issue, deterioration of initial benefits and a massively changed fee schedule.
Nomad, you can use your bonus points to pay maintenance fees until they expire or are used up. Just a thought.
Kevin