If you’re a Marriott Vacation Club member and are no longer interested in maintaining your membership, you may be wondering whether it’s possible to cancel it. The good news is that yes, it is possible to cancel your Marriott Vacation Club membership. However, the process can be complicated and may come with certain requirements or fees.
Understanding Your Marriott Vacation Club Membership
Before we dive into the cancellation process, let’s first review what a Marriott Vacation Club membership entails. When you become a member of the Marriott Vacation Club, you gain access to a variety of vacation ownership properties owned by Marriott International. These properties are located all around the world and offer luxurious accommodations for vacations.
As a member, you purchase points that can be used to book stays at these properties. The number of points required for each stay varies based on the property’s location, size of the unit, and time of year. Additionally, members pay maintenance fees each year to cover the cost of maintaining the properties.
Reasons for Cancelling Your Membership
There are many reasons why someone might want to cancel their Marriott Vacation Club membership. Perhaps they no longer have the financial means to maintain their membership or they aren’t using it as much as they thought they would. Some members may find that their personal circumstances have changed and they are no longer able to travel as frequently.
Whatever your reason for wanting to cancel your membership may be, it’s important to understand that there may be consequences associated with doing so.
The Cancellation Process
To cancel your Marriott Vacation Club membership, you will need to reach out to the company’s customer service department either via phone or email. You will likely need to provide some information about yourself and your account in order for them to process your request.
It’s important to note that there may be fees associated with cancelling your membership. These fees vary based on multiple factors such as how long you have been a member, how many points you have purchased, and the current market value of those points. Additionally, if you have any outstanding dues or balances on your account, those will need to be paid before your membership can be cancelled.
Alternative Options
If you are considering cancelling your Marriott Vacation Club membership because you are no longer able to travel or don’t want to use your points for vacation stays, there may be alternative options available to you. For example, some members choose to rent out their points or sell them on the resale market. While this may not result in a full refund of the amount paid for the points, it can help offset some of the costs associated with membership.
Another option is to consider transferring your membership to someone else. Marriott allows members to transfer their ownership interest in a property or their entire membership to another person. This can be a good option if you know someone who is interested in becoming a Marriott Vacation Club member and is willing to take over your ownership interest.
Conclusion
While cancelling your Marriott Vacation Club membership may seem like a daunting task, it is possible with the right information and approach. Be prepared for potential fees and requirements when initiating the cancellation process.
Additionally, consider alternative options such as renting out or selling your points or transferring ownership interest before making a final decision. Whatever choice you make, ensure that it aligns with your personal goals and financial situation.