What does it mean to deposit your timeshare week?

A Deposit is the vacation week you give to RCI that enables you to book an Exchange vacation using your RCI® subscribing membership benefits. It is the first step towards getting on vacation.

Can you exchange your timeshare week?

When you purchase a timeshare, you also enjoy the right to trade your week for someone else’s week. You can exchange weeks for just the year or opt to trade ownership rights permanently. Timeshare trades can occur privately between owners or through an exchange company.

How much does it cost to deposit a week with RCI?

RCI Weeks Fees United States effective March 12, 2021

Annual RCI Weeks Subscription FeesYou Save Approx. (USD)
Deposit Restore$69
Unit Upgrades and Changes$49
Managing your Exchange VacationsUSD
Guest Certificate$89

What is a white week in timeshare?

A White Week is an RCI term which refers to a block of time at a resort that has medium desirability. This is contrasted by Blue Weeks, which are low desirability, and Red Weeks, which hold the highest desirability available at a certain resort.

What does it mean to bank your timeshare?

What is Banking? When applied to points-based timeshare programs, banking means to put away a number of points to be used later. The same rules apply, and these points, when banked or accrued can be used to purchase time at a specific resort. Banking points is a great way to “save up” for an extra special vacation.

How do you bank a timeshare?

If you own a points club timeshare, banking works a little differently. In these programs, you purchase a set amount of points to be used towards your vacation each year. If you choose to bank your points for a specific year, you are essentially rolling them over to be used at a later date.

How do I bank my timeshare week?

Banking Tips If you want to bank your week and use it for a different date or location, it’s best to bank the week as early as possible and make the exchange request immediately afterward. The sooner you ask for an exchange, the easier it is to obtain it.

How does a RCI timeshare work?

RCI is an Exchange Holiday services provider and does not own any properties or resorts. Your property is allocated trading power or points value, depending on the membership option you choose (RCI Weeks or RCI Points). You simply book a holiday worth the same value or less and pay your exchange fee.

Can I join RCI without a timeshare?

I confirmed with RCI that anyone can have an RCI account even if you do not own a timeshare! There are many benefits to depositing a timeshare but having an RCI account will allow you access to RCI Extra Vacations. ​In order to Join RCI, the initial cost for a one year membership is $99.

What do you need to know about timeshare banked weeks?

What Are Timeshare Banked Weeks? 1 About Banking. While some timeshare companies sell rights to a specific location at a specific time only, exchange companies allow their owners to trade the weeks they own for weeks 2 Location Exchanges. 3 Date Exchanges. 4 Banking Tips. …

What is a timeshare and what does it mean?

A timeshare is a piece of real property with multiple owners. In most cases, timeshares are vacation properties, such as condos or cabins, with different owners during every week of the year. If you buy your timeshare from an exchange company, you have the option of using the property during your week of ownership or banking it for later use.

What’s the best way to trade your timeshare?

Top Ten Tips for Trading Your Timeshare. 1 1. Deposit Early. Depositing your weeks early gives you the biggest advantage of any other tip. When you deposit your points or weeks early, you can 2 2. Book Early. 3 3. Be Flexible. 4 4. Consider New Places. 5 5. Smaller Units. More items

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