You own Point Rights in Platinum Vacation Club Management Association which are credited to you automatically each year, forever…. If you want to take more holidays, you can purchase extra Points at any time that you choose.

TYPES of MEMBERSHIP

The Platinum Vacation Club product was developed to allow entry into 1 of 3 different product options. The design of each of these options must therefore fulfill the individual and specific needs of the Member. This unique concept is termed a Three Tier Multi-Faceted Product . The individual attributes of each product option is as follows:

•  Purchase of Points Rights

The core basis of membership within Platinum Vacation Club arises from Points Rights purchased. This is naturally a requirement in order to gain entry into the Club and to enjoy the benefits of selected accommodation and the value added service benefits unique to Platinum Vacation Club members.

•  Conversion of other memberships or timeshare owned

Platinum Vacation Club exercises a high level of discretion with the types and categories of memberships and timeshare that is transferred into the Trust. If the membership or timeshare that you hold is fully paid and is accepted for transfer into the Trust, you will, in exchange for your membership or timeshare, receive an annual allocation of Points Rights in Platinum Vacation Club.

You are also required to purchase at least 300 Platinum Vacation Club points to cover the administration cost of each conversion.

•  Fixed Week Option

This option allows you to guarantee the use of a specific week within a choice of 3 resorts in a specific Region each year. The Member will specify that they would like to secure the use of the specified week each year.

An advantage of this option is that the Member can also exercise the Right of First Refusal of the guaranteed week (declining the use of the week for a particular year) by informing us in writing 6 months prior to the start date of the fixed week. In this case, Members would then be in a position to use any other accommodation in the Platinum Vacation Club portfolio of resorts and accommodation both locally and internationally.