Are you a member of the Disney Vacation Club? If so, you may be wondering if your membership expires. The short answer is no, but there are some important details to keep in mind.
What is the Disney Vacation Club?
The Disney Vacation Club (DVC) is a timeshare program that allows members to purchase points that can be used for vacation stays at Disney resorts. Members can also use their points to stay at other resorts around the world through the RCI exchange program.
Do DVC points expire?
The good news for DVC members is that their points do not expire. Unlike traditional timeshares that have a set time limit for use, DVC points can be used indefinitely as long as the member remains in good standing.
What does it mean to be in good standing?
To maintain good standing with the DVC, members must pay their annual dues on time and abide by the rules and regulations set forth by the club. Failure to do so could result in losing access to your points and potentially losing your membership altogether.
Can DVC memberships be canceled?
Yes, DVC memberships can be canceled, but it’s not as simple as just deciding you no longer want to be a member. There are several factors to consider before canceling your membership, including any outstanding loans or mortgage payments on your ownership interest.
What happens if I cancel my DVC membership?
If you decide to cancel your DVC membership, you will no longer have access to your points and will not be able to book future vacations using them. You may also incur fees or penalties for canceling your membership before its natural expiration date.
Can I transfer my DVC membership?
Yes, DVC memberships can be transferred or sold to another party. However, there are restrictions on who can purchase a membership and how the transfer process works. It’s important to do your research and understand the requirements before attempting to sell or transfer your membership.
Conclusion
In summary, DVC points do not expire as long as the member remains in good standing. Cancelling a membership can come with fees and penalties, and transferring or selling a membership is subject to restrictions. If you’re considering joining the Disney Vacation Club, it’s important to understand all of the details and requirements before making a commitment.