People who buy timeshare credits benefit from the fact that they would have a guarantee regarding their accommodations for their vacation each and every year.  Depending on the nature of the timeshare that you purchase, you can have a fixed week (or fixed weeks) every year wherein you can make use of your timeshare.  You can also have more flexibility with large hotel or resort groups which allow floating timeshares.  That is, you can pick out a week or two (or even more) within a specified period of time, say the summer months.

If you go on vacations very regularly, then you would not have any problems with unused timeshare credits.  However, if you are not a regular vacationer, then you might find yourself paying for something that you cannot use.  More so, even if you wanted to go on a vacation regularly, there are just some instances wherein things crop up which just does not allow you to take your break at that specified time.  What happens to your timeshare then?

There are various scenarios. If, for whatever reason, you cannot make use of your timeshare property for one year, you can actually rent it out.  This would at least give you back some of the money that you have paid towards that year’s maintenance fees.  However, it is not always a sure thing that you would find someone to rent your timeshare – you risk having it sit empty for that year.

Another option is open for those who are members of a trading association.  The most prominent and reliable ones are RCI and II.  If, for one year, you are not going to use your timeshare, you have the option of banking your timeshare (or points) with the trading company.  What happens then is that you can look for another resort that you want to trade your timeshare for or merely save it for a later date.

For those who are under a points system, you can actually save those points for the next year.  For example, you don’t use your points this year, it will be carried over to the next.  However, you have a limitation period wherein you can use those points.  If you exceed that period, you basically lose your points.  This period varies from one trading company to another.  For RCI specifically, they allow you 2 years to use up points.

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