If you’re looking into how timeshare points work, we’d bet you’re interested in buying a timeshare or are at least considering it. The easiest way to understand how vacation club or timeshare points work is to think of them as a currency. The more points you have to spend, the more vacations/better resorts/longer stays you can book. Find out how many points you need, how they work and where to buy them.
Understanding How Timeshare Points Work
When timesharing began, most developers offered owners the chance to buy the right to vacation at a timeshare resort for one week. As you might have guessed, this was typically the same week every year at the same place. Undoubtedly, as times changed, developers and vacationers made it clear that travel with timeshares should be more flexible.
That’s where timeshare points came from. In an effort to offer timeshare owners more flexibility, most developers have moved to a points-based timeshare system. Now, members can purchase as many points as they would like. The amount of points you own directly affects when and where you can travel.
Vacation Clubs and Timeshare Points
If you buy timeshare points, you are typically entered into that brand’s vacation club. For example, if you buy from Hilton, you would now be a member of the Hilton Grand Vacations Club (aka HGVC).
Vacation clubs differ between brands but the exclusivity and benefits are pretty similar across the board. Most brands offer vacation club members early booking access, priority booking, concierge, flights, and more. Undoubtedly, the biggest perk to buying timeshare points are the discounts and priority given to members.
How Many Points Do I Need?
So, “how many points do I need?” One thing to remember is that the amount of points you need to buy depends on the brand and where you want to travel. Each timeshare brand has its very own point system and rules. Additionally, each brand values points differently.
For example, Disney Vacation Club (aka DVC) offers members a stay starting at around 30 points a night. So, if you were to buy 300 DVC points, you could then stay at a DVC resort for about 10 nights total either consecutively or throughout the year. However, as with DVC and other brands, different resorts cost different amounts of points based on popularity, availability, location, and more.
If you were to buy into HGVC membership with 7,000 timeshare points, a week at certain HGVC resorts would cost 5,800 points. So even though it seems like a lot more points than DVC, you would still be getting a week’s worth of vacation. Keep in mind, these are just example scenarios and are subject to the brand’s discretion.
Buying Timeshare Resale Points
If you’re seriously considering buying timeshare points, we recommend checking the resale market first. Many times you can find the resort and point-package you want for less (sometimes 3x less!) by shopping resale. You can skip the timeshare presentation and work with a legitimate timeshare resale company to get the job done right. If you’re interested in financing your timeshare, we can help with that, too.
Considering what we’ve discussed above, this can help you determine how many timeshare points you need. 300 points at HGVC may not get you as far as it would with DVC, but that doesn’t necessarily mean that HGVC will cost more. It just depends on how the brand values its own points. We recommend talking to one of our timeshare representatives or contacting the resort directly for help.