Annual Points

I have 111 Points with Monarch Grand Vacation. I get new points every other year. I have looked at the listings and there are points listed as Odd, Even or annual. I can use my points any time, so does that mean they are annual?

kurt12 wrote:

I get new points every other year. I have looked at the listings and there are points listed as Odd, Even or annual. I can use my points any time, so does that mean they are annual?

I don't know anything about your company system, but if (by your own words) you get points issued "every other year" that is obviously NOT annual --- it's biennial.

EOY (even) means that points are issued every other year (in even numbered years).

EOY (odd) means that points are issued every other year (in odd numbered years).

Usage rules and "shelf life" for issued points is something which varies considerably from one company / system to another. Again, I have no knowledge of the use or expiration rules in YOUR particular system.

That's what I thought, but I was told you have to actually use the points in either odd or even years, that's why I got confused.

kurt12 wrote:

... but I was told you have to actually use the points in either odd or even years

That MIGHT very well be exactly true....

Your actual question then is (...or should be) about the "usage period" for your EOY issued points. As stated already, each "Points" system (and there are MANY of them) has its' own, unique, in-system rules. Your system MIGHT require that your EOY points be USED IN THE SAME YEAR OF ISSUANCE. Personally, I have no idea --- this is something you should determine for certain from whoever administers the "Monarch" system points usage....

I'm a member of Monarch, have several timeshares there myself. You could have either bought your timshare with "Annual Points" meaning those points are issued every year, or you could buy one with points issued every other year.

For those points that are issued only every other year, your "anniversary date", or the date that they are issued, could be in any month, in either an odd or an even year. Either way, you have 2 years from the date that the points are issued, to use them.. You can also deposit them in Interval International, to gain some additional time, if you need it.

I have both annual points, as well as EOY points. You simply pay more for the annual points, but you can use them more frequently.

Hope that helps!