https://dvcexplorer.com/fin/nm/Riviera_Member_Welcome_VISA_CashOnly.pdf
When I was looking to add more points I weighed that into my plans. I figured it was still worth buying resale on the OG 14 excluding the 2042 resorts( to short imo). What I came up with was you lost 5 resorts in 2042 right now (BC /BW/ HH/BR/VB. OKW extension gives you a extra 15 years. So while you might be losing 5 resorts you also gain because you dont have those resale members competing against you on the other 9 resorts you can still book at (SS/AKV/OKW/GC/BLT/AUL/GF/PVB/CCV).
Clarifying, that is pricing for existing members. Brand new members get 300 for $162/pp
Thanks for all this super helpful info! We are staying at Riviera soon and might try to take a tour. We currently have resale and are considering 150 direct at RR. I have two (probably amateur) questions:
Which creditcards if you dont mind me asking pls?
Oh geez, I’d have to look as my spouse does most of that. I know we have some that gives us double points so like 2% cash back on everything and then if the purchase is labeled travel we have a card that I think gives us 4% back so I’m wondering if we can use it for the purchase and factor that in to our price per point calculations.
We did the tour in April and the only incentive was the Welcome Home, nothing extra. We are purchasing entirely with credit cards, no additional fees.
Thank you, that’s really helpful!
Sure I can get it.. if you let me buy more points..
I ended up buying more because it was a much better deal, I was able to get some fixed weeks, and because RIV has a higher point chart than the other older resorts I have. If there was a really good sale on just 150 points I likely would just have bought that for direct benefits. But now I get to use the rest as unrestricted SAP+ points in the future as well.
I use the Chase Sapphire Reserve. Earns 3% cash back on travel, which DVC purchases and dues count as. When using the points for travel (flights, rooms, etc) you get 150% value or 1.5x so it ends up being 4.5% effective back. It has a high fee per year, but you get a lot of benefits including $300 credit back on any travel so that is super easy to get back out of the fee. I also combine it with my chase freedom unlimited which is free and earns 1.5% on everything, so when I transfer those points to the Sapphire Reserve and use them, it makes the lowest cash back I get on anything 2.25%. It can be very nice if you travel a lot, otherwise it may not be worth it due to the high Sapphire Reserve fee. There is a cheaper card the Sapphire Preferred, but it only gets 1.25x when using for travel
We’ll, we bought 150 for blue card/ future resort use and we could have gotten by with that because we like split stays but….we have fallen so much in love with RIV that we are adding on a 50 point resale specifically for a yearly Flower & Garden festival weekend trip. That way it doesn’t mess with my original plan.
Got it, that makes sense.
I mean…. they are superior locations …..
