I’ve always considered the timeshare banking system in timeshare exchange to be constraining and limiting. Ever since I first began using the system over 10 years ago, I was always uncomfortable with the pressure to deposit my week ASAP in either Interval or RCI‘s timeshare banking. I knew that once I turned that over, I lost my week. There was no getting it back. The only thing I had now was a “credit” in the system for another week but only if what I wanted popped up.
Is Timeshare Banking Outdated?
I’d say 50% of the time it didn’t “pop”. As time went on, I had less and less leverage and felt more pressure to “lower my standards” and pick something else from the bank. I was constantly thinking, I have to get a place first before I could book my airfare. If nothing comes up, you have to make other arrangements for a vacation. You keep the credit in the timeshare banking system but now you have to figure out how to use 2 weeks next year.
Am I missing something here? How do you feel about “banking”?
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