If you deposit your timeshare with RCI, of course you want to get the best possible exchanges with it. Unfortunately, many timeshare owners end up getting less trading power for their timeshares than they could, and don't realize what they're missing out on. The good news is that RCI provides timeshare owners with a tool called the Deposit Calculator, that can help you get the most for your deposit.
Here's why this tool is important, and everything you need to know about how to use it.Maximize your timeshare's value with the deposit calculator
Who is this calculator for?
- RCI Weeks members. If you don't have a timeshare week that's enrolled in RCI, then this isn't generally applicable to you. BUT... there may be a time you may want to borrow a friend's RCI account to do a little research.
- Floating week owners. If you own a floating week where you can select the week you want to deposit, then this tool is ideal for you. It is perfect for giving you the information you need to maximize the value of your deposit.
- Lock-off owners. Even if you have no choice about the specific week you deposit (for example, you own a fixed week, or own at a resort that does not allow you to select your own week for deposit), you may get value out of this tool if you own a lock-off. You can weigh the benefits of depositing one side, the other side, or the combined lock-off.
Why bother with the deposit calculator?
There are two primary methods of depositing your timeshare week into RCI.
- Let them handle it. You just call your timeshare, and ask them to deposit your week into RCI. They take care of it, and you just see a deposit appear in your RCI account when it's done.
If you want "easy", this is the way to go. But if you want "maximum value", this method does not work in your favor. Think about it. Why would the resort select the highest value week to deposit for you? It's actually in their best interest to do the opposite - pick a low demand week for your deposit, so they still have the higher demand weeks available for other owners.
- Handle it yourself. This way, you do the work. You select the week you want, reserve it, and then deposit it into RCI.
You do have to put more effort into doing it this way, but you have a lot more control over what you get. That can translate into more trading power for you, which means more and/or better exchanges. I'd say that's worth a bit of extra effort! 🙂
But how do you know what to do? If you want to maximize your trading power, you need to know what you'll get for your deposit in different scenarios, so you can pick the best one. That's where the deposit calculator comes in. This tool tells you exactly how you can get the greatest value from your deposit.
How much difference can it make?
Here's a real life example from one of our timeshares. The resort has 52-week red season, which means we can use our floating week any time during the year.
Here's how the numbers play out for different deposits...
- Week 4 (January) = 14 TPUs (trading power units)
- Week 27 (July) = 20 TPUs
- Week 47 (Thanksgiving) = 24 TPUs (*best week of the year)
Some things are fairly obvious. In many locations, you could guess that a July week would be worth more than a January week.
However, I would never have guessed that Thanksgiving would be the best week of the year to deposit. The only way that I found that out was by using the deposit calculator and running the numbers to see what worked best.
How to use the deposit calculator
1. Access the calculator. Log into RCI Weeks, and go to Manaage My Deposits. There, you'll see a section with Deposit Tools and Resources. One of those tools is the deposit calculator.How to use the RCI calculator, part 1
2. Find your resort. You can enter the resord ID code if you know it, or search for a resort by name.
3. Choose an option. Click on one of the tabs to specify whether you want to enter a specific unit number (e.g. #208A1), or enter a type of unit (e.g. 2-bedroom).
4. Enter unit parameters. Depending on which option you selected, enter the necessary parameters for the unit you're interested in.
NOTE: If your resort has more than one check-in day, you'll see options under the Unit Number/Name drop-down. For instance, you might see 2BR-SA and 2BR-SU if the resort has weeks starting on either Saturday or Sunday.How to use the RCI calculator, part 2
5. Choose your week. Select the week that you want to calculate. You can either pick a date on the calendar, or enter a year and week number. The calendar will change to highlight only the selected check-in days of the week (e.g. Saturday check-ins).
6. Click to Calculate.
7. Scroll down for results. Your browser may be different, but on my screen, when I click Calculate, it looks like nothing happens. I have to scroll down to see that it is showing some results.
8. Max vs. Current trading power. If you deposit your timeshare with RCI less than 9 months before the check-in date, then your trading power goes down. The closer you get to the check-in date, the less trading power you get. Max trading power is what that week would get you if you deposit 9+ months in advance. Current trading power is what you would get if you deposit that selected week today.
9. Try different dates. Experiment with choosing different dates throughout your available season, and see how the trading power varies. By trying all the available dates, you can pinpoint the one that will give you the best trading power.
Do you have any questions about how, when, or why to use the RCI deposit calculator? Any experiences where using it made a real difference, or suggestions for other people? Please leave comments, questions and tips in the Comments section below.