Changes are on the horizon for Disney Vacation Club timeshare resale points January 20, 2011
Posted by John Stephens in : Disney, Timeshare Resale , trackbackDisney Vacation Club has announced changes to its points program that will affect all purchases on the resale market.
Below is the statement released by Disney Vacation Club that spells out those changes:
Disney Vacation Club® has announced a new policy that limits access to certain Member Getaways exchanges for Ownership Interests purchased on the secondary market (also known as the re-sale market).
Under the new policy, Members who purchase from anyone other than Disney Vacation Development, Inc., on or after March 21, 2011, will not be eligible to use those Vacation Points to make reservations within the Concierge Collection, the Disney Collection or the Adventurer Collection. Those Vacation Points will instead be valid only for reservations at Disney Vacation Club resorts, as well as for RCI® exchanges, Club Cordial and Club Intrawest.
The affected collections are special Member benefits programs offered by Disney Vacation Development, Inc., and are not part of Members’ Ownership Interests. That said, Members who purchased on the secondary market prior to March 21, 2011, may use those Vacation Points for all Member Getaways.
Note that the policy doesn’t impact banking, borrowing or transferring Vacation Points. All Members will continue to have the ability make such transactions, regardless of where they purchased their Ownership Interests. Complete rules about these transactions are available in the Home Resort Rules and Regulations section of this (DVCMember.com) website.
The good news is that these points can still be used for the 11 DVC resorts, exchanges through RCI and through Club Cordial and Club Intrawest, which is the original intent of purchasing these points anyway. The bad news is that the programs which will be off-limits to resale buyers provided excellent added value for owners to gain access to cruises with Disney Cruise Line, stays at hotels at Disneyland and Disney World and international hotel access at Disney theme parks in Paris, Tokyo and Hong Kong.
So the clock is ticking.
If you’re thinking about buying Disney Vacation Club timeshare points, now is the time to do it. For resale owners to be eligible for all programs, the purchase must close by March 20, 2011. All resale purchases before this date will remain eligible for all DVC, hotel and cruise products.
You can check out the full offering of Disney Vacation Club points on BuyATimeshare.com by clicking here.
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