Tweet
Can someone tell me how the RCI cancellation fee system works vis-a-vis the cancellation protection fee one pays. For example, let's say I exchange to a resort and pay the $149 exchange fee and the $49 Cancellation Protection fee. And, plans change and more than 60 days out to usage, I cancel the exchange. How much of the $149 exchange fee do I get back? The RCI FAQ section states I get only $40 back. If true, than what is the $49 Cancellation Protection fee giving me? Thanks.
-
-
New cancellation policy
This is what RCI website says about their new cancellation insurance. The new insurance is $49.00 ( the old was $25.00)
What I get out of it is you are paying them to give you your original trading power back. You lose your exchange fee entirely. They also give you the $49.00 as a credit in your account to use for your next exchange.
RCI Cancellation Protection
Description of Benefits
Part A
RCI Cancellation Protection will protect the trading power of your deposited week in the event you have to cancel your confirmed vacation.
Part B
Upon canceling your confirmation, you will receive a $49 credit on your RCI account for a future exchange. This credit is valid for 6 months after date of cancellation.
You get this protection for only $49.00 per exchange.
Important: To enroll in RCI Cancellation Protection, call RCI at (888)724-3559, at any time up to 30 days after confirming your Exchange. Coverage is effective upon RCI's receipt of the Cancellation Protection fee. If for any reason, you wish to cancel the Cancellation Protection benefit, you may do so by calling RCI within fourteen (14) days of the date RCI received your payment for a full refund.
Advertisement
RCI is a proud subsidiary
of Cendant Corporation Media Center | Careers @ RCI | Site Map
Privacy Policy | Disclosure Guide | Web Site Terms and Conditions | Membership Terms and Conditions
T
Comment