Deadline for depositing into RCI?

• You have the option to deposit points into the RCI exchange program for use at a later date. Contact Member Services for more details.

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pangyal said:

Yes, the website is very vague, and I did call MS, but the person I spoke to was less than knowledgeable, to say the least...

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pangyal said:

Hi all,

I'm hoping someone with much more knowledge of the RCI exchange can chime in. We have 230 points coming in a contract that are going to be expiring Aug. 31 of this year. By the time we close, there will be maybe two weeks before they're gone. I feel like renting them out would be useless, as the window is way too small and there won't be availability anywhere.

Does anyone know the deadline for depositing into RCI? I've heard 45 days before point expiry, I've heard no deadline, just before expiry, and MS seemed unsure as well.

Thanks in advance! We figure maybe we can get some use out of the points if we are in fact able to deposit and extend their life.

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1. Vacation Time must be deposited with DVC Member Services no more than 11 months (7 months if the DVC Member is depositing Vacation Time from an Originating Resort other than his or her Home Resort), before the commencement date of the deposited week. Deposits of Vacation Time received by DVC Member Services from 45 days and until 14 days before the commencement date of the Vacation Time being deposited also are accepted; provided, however, that such deposits can only be used for an exchange that will occur from 44 days and until 24 hours in advance of the desired travel dates.

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Dean said:

Here's the info from the DVC RCI disclosure guideBest bet is to ask for a one time banking exception. Next is to rent them if possible, just secure days as soon as you get access then offer those for rent. Depositing after 45 days doesn't really offer much benefit though it's better than losing them completely.

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pangyal said:

Thank you so much for this!

I feel like a dunce, but I still don't understand what the RCI portion you posted is describing. Seeing as these are 2013 banked points that will expire August 31, and we will likely take ownership of these points around August 10th. Does what you posted from the RCI guide mean we can or cannot deposit those points and extend their life? I am confused by the terminology of the 14 and 45 days...

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Dean said:

Let me try to help, it is a little confusing for those just getting into it. First, you'll have to deposit by 16 Aug to be able to do so. Again, you're best option is to beg for mercy from DVC. Here's some idea of how the deposit issue works with RCI.

For deposits at 45 or more days out they will expire 31 Dec 2 yrs out and can be used for what's available and on the DVC exchange list with a non refundable exchange fee and for stays less than 7 days, possibly an additional housekeeping fee.

For deposits 15-44 days, you an only book resorts available AND on the exchange list 44 days in advance, so only short notice. And you can't rent an RCI exchange. This is a very low value usage situation, one should never get in this situation if they can help it but of course you don't have control here.

So I'd suggest you have your plans set on what you want in order. #1 beg to bank them but have other plans which might be an exchange or to book rooms and offer them for short notice rental. Just be ready day 1 or write them off, your choice. Let me know if this does not give you enough info.

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pangyal said:

Actually, this is great, I so appreciate it!

Looks like begging for mercy it is! Hopefully they are feeling charitable that day. I would request the one-time banking exception that *should* be an option once per contract life, correct?

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CarolMN said:

Since the points in question are 2013 points that have been banked once already, I really doubt any exception will be made. I have never read of anyone being able to bank points more than once. The "one in a lifetime, super-secret" banking exception is for people who have missed their original banking date for some reason.

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Dean said:

All you can do is ask, they may say no. We haven't seen much action on this topic since the resale restrictions went into place and since they were banked already, it's not likely but it is possible. You might even call 2-3 times if you don't get the answer you want.

I have seen it but agree the situation makes it less likely.

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KAT4DISNEY said:

Why would DVC allow banking of points that are already banked? That's more than begging for mercy.....it's asking for something that nobody else can do. If they were Sept 2104 points that the banking deadline had been missed then sure. But banked 2013 points to be banked a second time? I'd disagree.

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