Bank and Borrow Villa del Palmar Timeshare Points
March 9, 2017
The way we vacation is always evolving; once upon a time the timeshare industry was rigid and very expensive, but these days the timeshare and vacation club industry runs on the usage of membership points and the flexibility they offer. Being able to bank and borrow timeshare points is a huge benefit of Villa del Palmar timeshare memberships. These functions can be used in many ways to benefit of you and your travelling companions.
How do banked points work with Villa del Palmar timeshare?
If you don’t use all of the Villa del Palmar timeshare points that you have been allocated in any given year and you are a full member you can bank up to 100% of your allocated points for up to five consecutive years for use at a later date. If you’re a biennial member you can bank Villa del Palmar timeshare points until the next period. Any timeshare points that have been banked can be used in the same way as your yearly or biennial allocation (although there are exceptions for the holiday weeks – see below).
If you wish to bank Villa del Palmar timeshare points, you will need to do so before the yearly deadline, in accordance with the appropriate notice guideline, otherwise you may be charged a fee for late deposit. Remember that regardless of whether you bank these timeshare points, you are still liable to pay the maintenance fees for them. Therefore, it is in your interest to remember to bank them. Also be aware that those Villa del Palmar timeshare members who are behind on any payments and maintenance fees, or those who have not complied with correct documentation, might be denied the right to bank their points.
How does borrowing work with Villa del Palmar timeshare?
Villa del Palmar timeshare members can also borrow points from up to five years in advance of the current calendar year (if they are full members), or from the next period (if they are biennial members), and borrowed club points may be used to reserve accommodations up to two years in advance of your check-in date at Villa del Palmar timeshare resorts. As with allocated points the right to use your borrowed point is subject to compliance with upkeep of maintenance fees, and the reservation of units is done on a first come, first serve basis.
Holiday weeks at Villa del Palmar timeshare resorts may only be booked with regular annual club points and may not be reserved using banked or borrowed points. The holiday weeks should be stipulated in your contract but generally apply to Christmas and New Year, Thanksgiving, Presidents’ Week and Easter.
Using Timeshare Points at Villa del Palmar
September 19, 2014
To explain how to use timeshare points at Villa del Palmar, you must first understand what timeshare points are. Newbies to timeshare may be surprised to know that timeshare has evolved a great deal since the first timeshare resorts were opened in the early 1980s. At first, you could only buy a week interval at one particular resort or vacation home, nowadays you can buy vacation points, which means you can stay both shorter and longer than a week.
With regards to Villa del Palmar timeshare, when you become a vacation ownership member you will join Villa Preferred Access, which is a timeshare points membership program. According to your level of membership and how many points you buy, you can use your annual points allowance to stay at accommodations in any of the Villa del Palmar resorts in Mexico and any resorts that are developed in the future. At present Villa Preferred Access offers accommodations in Puerto Vallarta, Nuevo Vallarta, Cancun, Loreto and Cabo San Lucas.
When you reserve accommodation at your timeshare, points will be deducted according to the type of accommodation and the level of the resort you have chosen. This gives you greater freedom than the old style fixed week timeshare model which meant you had to use one week intervals at a time. Using timeshare points at Villa del Palmar means that you can stay as little as 2 days and as longs your points will stretch every year. Many Villa del Palmar timeshare members take more than one vacation a year despite only buying the equivalent points of one week!
The additional benefits of using timeshare points at Villa del Palmar is that you can bank any points you don’t use from one year to the next, with a maximum of 5 years (2 years if you are a biennial member). Being able to bank your Villa del Palmar timeshare points allows you to plan for special occasions, which means that you can stay longer or in a larger timeshare suite. Likewise, you do not lose any of your timeshare benefits if you cannot use all of your timeshare points one year. In a similar way, you can also borrow points to contribute towards a special vacation or to top up points that you need to cover all inclusive meal plans or pre-paid spa treatments.
In fact, thanks to Villa Preferred Access timeshare points at Villa del Palmar, you can use your points to pay for services other than accommodations. Your Villa del Palmar points can be used towards all inclusive meal plans, special services and spa treatments when pre-booked. Up to 50 of your yearly points allowance can be used towards services.