When you deposit your Week with RCI, it is given a value, which we call its TRADING POWER. You are entitled to exchange your Week for another, which has a similar Trading Power.
Determining the value of Vacation Weeks across the year in thousands of resorts in over 101 countries is not easy. At RCI, we have developed our Fair Exchange Program, which aims to provide like-for-like, quality Vacation Exchanges to nearly 3.2 million member families.
Determining Trading Power
The Trading Power of each Week you deposit with RCI is based on 5 factors:
1. How early you have deposited your Week in the RCI pool
The earlier you deposit a Week, the GREATER the value it has in the RCI Weeks Exchange Program. For example, a deposit made 2 years in advance has a higher value than a deposit made only 2 months prior to the start date of the deposited Week.
2. The season in which your Week falls
All RCI-affiliated resorts around the world have had their occupancy seasons divided into three time bands: RED, or the peak season; WHITE, or the ‘shoulder’ season between peak and off-peak; and BLUE, or the off-peak season. When making holiday exchange requests, you can request a Week that is either in the SAME time band as yours, or a LOWER time band.
Within a time band, the value of a Week is influenced by peaks and troughs. For instance, your resort may have a RED time band from October to December. However, within this, if there are peak holiday periods around Diwali and Christmas, these Weeks will be accorded a higher Trading Power in the RCI Trading System.
3. The size of the accommodation you own
Resort accommodation is assessed in two ways by RCI:
the NUMBER OF ROOMS in the unit with direct access to bathrooms
the MAXIMUM NUMBER of people the unit can accommodate — e.g., you may have a one bedroom unit, but it may accommodate up to four persons because there are additional sleeping arrangements in the living room.
4. The demand for the area where your Home Resort is located
RCI carefully monitors and compares data resort-by-resort and area-by-area for the supply, demand and usage for each of the Vacation Weeks available at each of its affiliated resorts round the year. The higher the relative demand for the Week you own, the higher its Trading Power.
5. The quality rating of your resort
We believe that our members are best qualified to provide an objective view of their Vacation Exchange. Which is why we ask you to fill out a Comment Card on your return from your holiday. We ask you to rate the resort in categories ranging from the service provided to the quality of accommodation. We then compile and analyze the results to arrive at a quality rating for the resort. High scores increase Trading Power.
While the season of your Vacation Week and the size of the unit you own is fixed, and the demand for and the quality rating of your Resort is not within your control, there is one factor that you can determine: the time of deposit. The earlier you deposit your Week with us, the better the holiday options we can give you.
And remember, depositing is FREE!
To deposit your Vacation Week, call the RCI Member Helpline at +9180-41134444, +91124-4040707 or +9122-56924545. When you make
your deposit, have handy your:
RCI Membership ID number
Resort Name
Remember, the earlier you deposit, the higher the Trading Power of your Week(s), and the greater the priority that your exchange request will receive. So even if you are not sure of your exchange plans, deposit your week now so that when you do come to make your Exchange later, it will have a higher priority.
You can make your deposit from 24 months to 14 days before the start of your Week(s). You don't need to pay any fee when you deposit your Week with RCI.
However, you need to make sure to pay your Home Resort the maintenance charges according to our contract with them, before you deposit your Week with RCI.
When you deposit, we check your ownership records to ensure that your RCI Membership is valid for the year for which you deposit your Week(s) or intend to take your holiday. If your membership is valid, we put your deposited Week(s) in the RCI pool.
We will send you a Deposit Acknowledgement Form for each Week deposited, which will also have the ‘use by’ date by when you need to take your exchange.
2. Decide on the type of holiday you'd like
Choose your destination and resorts
Decide when you would like to take your holiday
Be flexible
When making requests, the more options of resorts and dates you give, the more chances you have of receiving an early confirmation. Tell us if you can accept a lower occupancy than that of the unit you own — this increased flexibility will give you extra choice. You can request dates which are in the same or lower time band than the Week(s) you have deposited.
3. Request your exchange
You can request your exchange by calling the RCI Member Helpline at +9180-41134444, +91124-4040707 or +9122-56924545. Keep ready:
Your RCI Membership ID number
Details of the Week(s) you have deposited or plan to deposit
Activities and areas that interest you
A selection of dates on which you can travel
Your credit card details
A standard exchange can be requested as early as 24 months or as late as 2 days before you plan to travel.
We fulfill your holiday exchange:
by automatically matching and confirming your request against what is available in the RCI pool. In this case, written Exchange Confirmations are sent out to you within two weeks.
should a match not be immediately found (either because the Trading Power of the Week you are depositing is not sufficient, or because your requested space has not been deposited by other members), simply ask one of our friendly RCI Guides to ADD A REQUEST with the requisite fee for you. Our system will then search for your requested space until 21 days before the start date of your planned Week in the hope that what you want may become available.
Please note that you can choose to travel any time up to 12 months before the start date of your deposited Week, and up to 24 months after.
4. Receive confirmation
Subject to availability, exchanges booked by credit card are confirmed immediately, but if you wish to pay by demand draft, your request will be processed on receipt of the payment. We issue separate written confirmations for each Vacation Week confirmed. Information on the resort, including check-in times, how to reach the resort, accommodation and area details, is also provided.
Please ensure that you receive confirmation of your Exchange Vacation before you book your airline tickets or make any other travel arrangements.
Floating Time
If you do not own a specific Week at a particular resort, but rather a Week in a specified time band within one resort or across multiple resorts owned by your resort developer, you have what we call FLOATING TIME.
In that case, before requesting an exchange, you should contact your OWN resort developer as early as possible and request them to deposit a Week in the RCI pool.
Applicable Charges.
Returning a Deposited Week
A week once banked with RCI cannot be taken back / debanked by the member.
Cancellation
A cancellation fee of Rs 2500 will be charged if a Member cancels a confirmed holiday at least 45 days in advance of the start date of the confirmed Week. You can also get your Week back to utilise at a later date. For cancellations done less than 45 days in advance, there will be no refund.
This cancellation policy is applicable only on Standard Exchanges.
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