Purchasing timeshare using Marriott Visa - Timeshare Users Group Bulletin Boards

Topic Closed

Timeshare Users Group Bulletin Boards

Marriott Resorts

Purchasing timeshare using Marriott Visa

BBS Home > Marriott Resorts

next newest topic | next oldest topic

Author	Topic: Purchasing timeshare using Marriott Visa
sigmanr TUG Member Posts: 204 From: Arlington, Texas Owner: Marriott Aruba Surf Club Platinum Registered: Aug 2002	posted 02-03-2003 11:14 I may purchase from Marriott this week and called the credit card company (Marriott Visa) to inquire about whether a large purchase like that needed pre-approval. The representative told me there was no pre-approval process, but she couldn't guarantee a large purchase would be accepted. She seemed unsure about who actually approves purchases and what criteria they use. Has anyone had a problem with a large purchase being rejected? I thought there is supposed to be no spending limit on that card. I went ahead and requested that my revolving credit access line be increased above the amount I will charge. Hopefully that will help. Any other ideas? -Russ IP: Logged
MOXJO7282 TUG Member Posts: 1114 From: KINGS PARK, NY - USA Registered: Mar 2002	posted 02-03-2003 12:04 Ask Marriott to break up the charges. They did it for me, when I bought Marriott Maui. I did it in 1/3s. I had them charge my account, paid it off, and had Marriott repeat the process. Each transaction exceeded my $10K (First USA refused to increase my limit, even though my income easily warranted it), but First USA did allow them. I think they were around $12.5K each. They did not charge me an "over the limit" fee. I hope it works as well for you. Regards. Joe IP: Logged
sigmanr TUG Member Posts: 204 From: Arlington, Texas Owner: Marriott Aruba Surf Club Platinum Registered: Aug 2002	posted 02-03-2003 12:08 That's a good idea Joe. I'll check with my sales rep and see if he'll break the charges up. Thanks, Russ IP: Logged
gjfoley TUG Member Posts: 174 From: north andover, MA Registered: Dec 2000	posted 02-03-2003 17:19 I too purchased all 3 of my MVCI weeks using the Marriott Visa. They would break up the charge, you can quickly pay it off or use a home equity line of credit, then have them charge another payment until it is fully paid for. They don't like to advertise this because it cost them the credit card fee. Points can add up quick this way. gloria IP: Logged
Quilter TUG Member Posts: 1662 From: MI Registered: Dec 2000	posted 02-03-2003 23:44 We, too, broke up the charges to put purchases on the account. When we first got the card it had a $5,000 limit which we questioned like Joe. After a while, instead of raising the limit Marriott Visa issued a second account with a $10K limit. Eventually they were consolidated. They gave me one with a higher limit than either of these. I'm an at-home-mom with no personal income and the limit on this was higher than the other two. Go figure. If you have two cards in the family you can put part of the purchase on each card. MV raises the limits over time. Another advantage of having two cards in the family is each having a Marriott Rewards No. If you ever need 2 hotel rooms book one in each name. Make sure to give both Rewards Nos. with the reservation. ALWAYS remember to give your Rewards No. when you book hotel rooms. Don't wait until you arrive. That way, if you're walked, each Rewards member will receive compensation. Put as much as you can on the Rewards Visa and watch the points grow. [This message has been edited by Quilter (edited 02-03-2003).] IP: Logged
rubycat33 TUG Member Posts: 321 From: Northern CA Owner, Marriot Maui Vacation Club, Hyatt Highlands Inn, Carmel, CA, Embassy VC Lake Tahoe, CA Registered: Dec 2001	posted 02-04-2003 06:32 Another good reason to break it up is that if your Marriott Card is like the First Card, they will only give you 10,000 points ($1 = 1 point) per billing cycle. For Marriott Maui knowing base prices, billing all at one time, you would walk away from possibly 20,000 points or more. That's almost one round trip air flight! Oh yeh, I guarantee if you buy and payback $10,000 each month for a couple months they will raise your limit! ------------------ Steve and Ellene Gaultney, Petaluma, CA 94952 Owners, Marriot Maui Ocean Club, Kaanapali Beach, Maui, HI. Hyatt Highlands Inn, Carmel, CA IP: Logged
Big Matt TUG Member Posts: 978 From: Northern VA Registered: Jul 2002	posted 02-04-2003 06:37 I bought mine using the First USA Marriott Visa and they basically told me the same story except that the representative was clear that they almost always approve the purchase if you keep a low/zero balance. I'm not aware of any 10,000 limit for points. I have gone way over that in a given month many times in cluding the purchase referenced here that was over 50,000 points. IP: Logged
KBash TUG Member Posts: 118 From: Centreville, Virginia, USA Registered: Oct 2001	posted 02-04-2003 07:55 I have a stupid question ... When you use a credit card to buy a TS week, the interest isn't tax deductible as it would be with a mortgage, right? Is it safe to assume the value of the points earned by using the Marriot Visa exceeds the value of the tax deduction? I've never done the math. I guess if you intend to pay it off quickly, the deductibility argument goes away. Ken [This message has been edited by KBash (edited 02-04-2003).] IP: Logged
LisaH TUG Member Posts: 846 From: SF Bay Area Registered: Dec 2000	posted 02-04-2003 08:07 I applied for my Reward Card a few weeks before my Marriott purchase. I explained the situation to the supervisor and was granted $25,000 credit line a few days after my application was approved. I charged more than $21,000 on the card and get more than 63,000 points all at once. No 10,000 points limit for me, either. ------------------ LisaH IP: Logged
Dave M Administrator TUG Member Posts: 6257 From: Boston, MA Registered: Dec 2000	posted 02-04-2003 08:28 quote: Originally posted by rubycat33: ...if your Marriott Card is like the First Card, they will only give you 10,000 points ($1 = 1 point) per billing cycle. Marriott's Visa is not like the UA First Card. The Marriott Visa Terms and Conditions do not specify a limit on point earnings. Even First Card's limit on earning Mileage Plus miles doesn't apply to anyone who has UA elite status. Under the new terms and new name ("United Mileage Plus Visa Card"), the limit - for those that it does apply to - is annual (60,000) rather than monthly. IP: Logged
LisaH TUG Member Posts: 846 From: SF Bay Area Registered: Dec 2000	posted 02-04-2003 14:09 quote: Originally posted by KBash: I guess if you intend to pay it off quickly, the deductibility argument goes away. Ken [This message has been edited by KBash (edited 02-04-2003).] That's the key. I did pay it off right away. ------------------ LisaH IP: Logged
Luvmypt TUG Member Posts: 475 From: DuBois, PA Owner -- Aruba Marriott Ocean Club, 2 BR, Gold ; Marriott Ocean Club, 1BR, Gold Registered: Feb 2002	posted 02-05-2003 06:54 When we bought our 2BR Marriott timeshare we had somewhere around 30 days to pay for it. What we did was use our Marriott Visa and pay half. When the charge showed up on-line in our Visa account we did a debit from our checking and paid the Visa off. When the Visa payment showed up on-line we repeated the procedure and paid the remaining balance. I think the whole process took 5 days from start to finish. We did the same thing when we bought the 1BR with one exception. Instead of making two payments with our Visa we only made one. What I found out from Marriott was as long as you can pay off your purchace within the 30 day (or whatever) window they don't care how you do it. BTW, the points we got were nice addition to our total. Don ------------------ Hold a true friend with both hands Our Pictures IP: Logged
alchook TUG Member Posts: 72 From: Platteville, Wi Registered: Jul 2002	posted 02-05-2003 07:35 quote: BTW, the points we got were nice addition to our total. That's what I noticed as well. Not to restart the same argument, but I just bought a unit at Marriott Mountainside from Marriott. They offered a 125,000 point bonus. By the time everything added up, I had nearly 440,000 points out of it. 250,000 points went into a week at the Vail Marriott next January, where rooms go for $419/night plus tax, as well as 120,000 FFM. Seems to bridge the gap between buying from the developer and buying resale rather nicely. IP: Logged
MOXJO7282 TUG Member Posts: 1114 From: KINGS PARK, NY - USA Registered: Mar 2002	posted 02-05-2003 20:04 Alchook, Great point. If you maximize the possible points received by doing things like using your Marriott Visa , and then when the time comes to use the points, you maximize their value, by staying at top shelf resorts during prime time, you can easily match or exceed the "value" resale offers. Regards. Joe [This message has been edited by MOXJO7282 (edited 02-05-2003).] IP: Logged
rubycat33 TUG Member Posts: 321 From: Northern CA Owner, Marriot Maui Vacation Club, Hyatt Highlands Inn, Carmel, CA, Embassy VC Lake Tahoe, CA Registered: Dec 2001	posted 02-06-2003 12:25 Watching this thread I guess I had better review the current rules for the UA First Card. The concensus seems to be that the Marriott Visa is a better "value" these days. IP: Logged
bvah TUG Member Posts: 15 From: Registered: Jan 2002	posted 02-07-2003 08:40 i bought my marriott using my marriott visa. i recieved 3 points per doller because i was spending on marriot stuff so 20 ,000 became 60,000 points, love marriott visa brian IP: Logged
rubycat33 TUG Member Posts: 321 From: Northern CA Owner, Marriot Maui Vacation Club, Hyatt Highlands Inn, Carmel, CA, Embassy VC Lake Tahoe, CA Registered: Dec 2001	posted 02-08-2003 17:45 Taking the shortcut instead of researching it myself, is there a web site for the Marriott Visa? I have enough points on my UA Visa that I need to look elsewhere. Hawaii is almost impossible to make use of my FF points (few seats, lots competition)and mainland flights are almost too cheap to waste points on. IP: Logged
Big Matt TUG Member Posts: 978 From: Northern VA Registered: Jul 2002	posted 02-08-2003 19:17 http://www.firstusa.com/cgi-bin/webcgi/webserve.cgi?page=cont&mkid=6HLA&partner_dir_name=marriott_rewards IP: Logged
sandyruns Non Member Posts: 1 From: plantation, FL Registered: Feb 2003	posted 02-10-2003 15:49 I purchased with Marriott Visa. In order to get around the limit problem, I actually made two seperate transaction, prior to closing. The sales dept. at MVCI - Timber Lodge was helpful, and gave me written assurance that if I didn't close for any reason, all funds would be credited back to the VISA card. It meant paying part of sales price about 2 weeks only, but since I had cash available, I just paid the card off quickly, then put through the second transaction .... and got the Reward Points IP: Logged
gejone TUG Member Posts: 193 From: Independence, MO. Owner: Pono Kai, Westgate Vacation Villas Registered: Feb 2003	posted 02-12-2003 10:36 If you need a really good Visa for domestic airline tickets, check out the Southwest Airlines Visa. For every $1,200 dollars charged (recently raised from $1,000) you get a credit, for every 16 credits you get a free roundtrip ticket on SW. The nice thing about SW program, NO limit on the number of seats per flight. They block a few days per year, but if you want to schedule 60 days ahead or 1 the day before, if they have an open seat you go. I realize not everyone lives near a SW terminalm, but for those who do it's nice. We fly from Kansas City to LAX or SFO and buy a ticket to HI from there, saves several hundred dollars per trip. Additionally, if you get 100 credits in a year, your companion will get a free pass for a year, (2 fly on one free ticket). I know this sounds like a SW commerical, but we have used this program a for a year and a half and used numberous free tickets. ------------------ Gary Jones Marriott Maui Ocean Club Pono Kai Westgate Vacation Villas IP: Logged
dtgerlitz TUG Member Posts: 245 From: VA, USA Manor Club at Fords Colony Platinum, Horizons Orlando Registered: Jan 2002	posted 02-12-2003 13:43 Gary, I thought that SWA credits expire in a year. Are you able to get enough credits to get a free flight? It seems like it would be tough unless you fly them frequently. David IP: Logged
gejone TUG Member Posts: 193 From: Independence, MO. Owner: Pono Kai, Westgate Vacation Villas Registered: Feb 2003	posted 02-12-2003 14:04 I haven't bought a SW ticket for a long time. I pay all of my expenses with my SW Visa, ie. lights, water, gasoline, newspaper subscription, groceries, Marriott TS, vacation expenses, and make one payment each month. The First USA Visa also allows me to make the payment via a draft that I control. The credits do expire in a year, but I get a free ticket every few months. The tickets are then good for a year. I haven't come close to losing one to expiration. So far this year we've used or will use free ticket to go to Ft. Lauderdale to catch a cruise, Norfolk, VA for Valentine's weekend, Las Vegas to a class, the West Coast enroute to Hi, both in May and Sept. and somewhere in the west as we want to go to Yellowstone this summer. I'm using the free tickets and my wife has her companion pass until the end of Sept. Check out SW website for the partner deals they offer. ------------------ Gary Jones Marriott Maui Ocean Club Pono Kai Westgate Vacation Villas IP: Logged

All times are in Pacific Timezone	next newest topic \| next oldest topic
Administrative Options: Open Topic \| Archive/Move \| Delete Topic
	Hop to:

Contact Us | TUG Home | Privacy Statement

Copyright Timeshare User's Group - BBS Script customized by Laurence Chan lcc_home@hotmail.com
The Timeshare Users Group (TUG) makes no representations or warranties with respect to the use of the TUG bulletin boards, or their contents and further makes no representations with respect to the results that may be obtained from information on the BBS. The Timeshare Users Group shall not be liable for any damage or loss of any type arising from such use or content, and reserves the right to remove any posting on the bulletin boards. The bulletin boards are intended for use by Timeshare Users Group members, Non member postings are welcome. Advertising is not permitted on the BBS, TUG provides other areas on this web site for advertising. Any messages that are deemed as advertising will be deleted. Please read the full TUG BBS Usage agreement located in the FAQ. By using the BBS you accept and agree with the above statements. If you do not agree please return to the TUG Home Page