RCI Points is the largest points-based timeshare system in the world and provides members with access to the entire network of RCI affiliated timeshare resorts all around the world.
Whereas RCI Weeks members can exchange their timeshare using the traditional "like-for-like" exchange, RCI points members enjoy a greater level of flexibility since their timeshare ownership entitles them to an annual allocation of RCI points which can then be used in much the same way a as a currency.
So, for example, if we took two timeshare owners with identical sized apartments at the same time of year and at the same resort, the RCI Weeks member will generally only be able to exchange the week he owns for another week at another RCI resort. However, the RCI Points member will have an amount of points (let's say 50,000) which could then be used to book one, two or even three weeks of holiday. Whilst the 50,000 points he is allocated on an annual basis is enough to book one week or similar value to that of the timeshare he owns, the points can be made to go much further if booking smaller sized accommodation at less in-demand time of year etc.
There are many ways one can become an RCI Points member. One way is for existing timeshare owners to apply to have their timeshare converted or "ceded" into RCI Points. Here, the existing owner continues to own (and would be responsible for) their original week of timeshare but is instead given an annual allocation of points by RCI to use for booking their holidays. Another way to become an RCI Points may be to purchase "pure" points from a timeshare developer. Here, whilst the points are still underpinned by a timeshare resort in the RCI system, the ownership deed would state the amount of points own. The two scenarios are very similar although there maybe differences in relation to the booking of holidays within the "home" resort (the resort or group of resorts from where the timeshare points originate) or the annual management fees.
The RCI Points system enable members to save any points not used in a particular year and carry them across to be used the following year. This means that if you we're to own an annual allocation of 50,000 points and only use 30,000 in year one, the remaining 20,000 points would be carried over to be used the following year.
Should you find that one year you need extra points to book the holidays you want you can borrow points from your following years' allocation to make up any shortfall. Alternatively, you could also "rent" additional points via RCI.
If you are considering how best to buy RCI points then we would encourage you to speak with one of our consultants on 01202 544 870. We have many RCI Points products on our books but depending on your needs, some products may be much better suited than others.