RCI Points transfer fee eliminated

[JRStewart Junior Member Find all posts View Profile Close JRStewart]

I just got an email from RCI Points:

"RCI Points Transfer Fee: Completely Eliminated!
You will no longer be charged $49 USD to transfer RCI Points to other members."

I have 53,000 RCI Points expiring 11/30/2008.

What sort of value would they have?

Where would one list them?

J R Stewart
JRStewartMD@hotmail.com

[lawren2 Malibu Beach Barbie & A Super Moderator Find all posts View Profile Close lawren2]

One woman's opinion.

53k RCI points is probably worth about $750. HOWEVER they are expiring in 6 months and you will have to discount for that fact. Someone would have to take at least one and probably two vacations in that timeframe.

I'd take them but couldn't possibly book anything more in that timeframe without losing my job and ending up in divorce court.

List them in Want to Sell classified section here on TS4Ms.

[Jim McLaren Member Find all posts View Profile Close Jim McLaren]

I'm pretty sure RCI does not allow you to rent your points, at least officially. They may look the other way but you probably need to exercise caution.

[T. R. Oglodyte Moderator Find all posts View Profile Close T. R. Oglodyte]

Someone would have to take at least one and probably two vacations in that timeframe.

I'd take them but couldn't possibly book anything more in that timeframe without losing my job and ending up in divorce court.

And the downside is ... ???

[lawren2 Malibu Beach Barbie & A Super Moderator Find all posts View Profile Close lawren2]

And the downside is ... ???

I'm thinking.

[JudyS Senior Member Find all posts View Profile Close JudyS]

One woman's opinion.

53k RCI points is probably worth about $750. HOWEVER they are expiring in 6 months and you will have to discount for that fact. Someone would have to take at least one and probably two vacations in that timeframe.....

I tend to them of them as being worth about a penny a point, but I guess I'm cheap (at least when it comes to timeshares. )

[lawren2 Malibu Beach Barbie & A Super Moderator Find all posts View Profile Close lawren2]

I tend to them of them as being worth about a penny a point, but I guess I'm cheap (at least when it comes to timeshares. )

I used .015. Not many people get them for .01

[JudyS Senior Member Find all posts View Profile Close JudyS]

I used .015. Not many people get them for .01

Lawren, are you counting the purchase price of the timeshare when coming up with the .015 figure, or just MFs?

I know the "rule" used to be that MF per RCI point should be 1 cent or less, but of course, MFs have gone up a lot these past few years.

[lawren2 Malibu Beach Barbie & A Super Moderator Find all posts View Profile Close lawren2]

Lawren, are you counting the purchase price of the timeshare when coming up with the .015 figure, or just MFs?

I know the "rule" used to be that MF per RCI point should be 1 cent or less, but of course, MFs have gone up a lot these past few years.

Just the MFs and the PFD charge which has also gone up.

[Theo Senior Member Find all posts View Profile Close Theo]

No good deed goes unpunished with RCI...

I just got an email from RCI Points:

"RCI Points Transfer Fee: Completely Eliminated!
You will no longer be charged $49 USD to transfer RCI Points to other members."

It's my experience and opinion that RCI never does ANYTHING which is actually in members' interests, unless it's MORE in RCI's OWN best interest.

That said, what am I missing here --- RCI doing something good, which is of no immediately obvious benefit to them?? I am dubious, suspicious and curious....