Original Message:
RESCIND IMMEDIATELY! (by KC):
walter337 wrote:Yesteday, I purchased 146K points from Wyndham, for $16,000. The aim was to match my 154K points for a total of 300K points and VIP status. My first property is deeed in Star Island, FL and the new one in Atlantic City. The new monthly charge is $78. Is this the best Wyndham offer to purchase 146K points and is the VIP status worth it. I have seven days to cancel.
Unless you are someone who has lots of money to just throw away, you should rescind this purchase as soon and as thoroughly as humanly possible, following the cancellation instructions (which were provided to you in writing, as required by law) precisely and to the letter.
1. VIP benefits are simply not worth that kind of money --- period. Yes, you can apply some points to airfare, etc., but you'll never see total "savings" approacing anywhere near $16,000...
2. You can buy 182k Wyndham points on eBay almost any day of the week (including today) for $100 (...or less), so why on earth would you ever pay $16,000 for 146k points directly from Wyndham? Once you have the points, you can use them anywhere in the Wyndham system (as space is available, of course). I saw one "no reserve" auction for 182k Wyndham points which closed last week with NO bids. In short, those 182k points (based at Wyndham Palm Aire, located somewhere around Pompano Beach, FL) could have been purchased for ONE DOLLAR, plus closing costs, but there were NO bidders. It's probably now re-listed even as I type this...
3. I assume you have done the math and now presumably realize that you are signing on for new maintenance fees in an amount approaching $1000 per year for your 146k points. Frankly, that's just plain nuts...
'Nuff said.