Exchange

FRACTION EXCHANGE – With in excess of 100 local and international member locations, members can choose a range of exciting holiday destinations to enjoy as often as they wish, subject to availability
RENTAL RETURNS – With exposure to an active database of over 5000 travel agents and 50 million people internationally, Platinum Destinations is able to rent out unused time that the member banks.

Once you have decided that you are not using your credits this year and/or the year after, simply notify us to deposit your week into our exchange programme

and

Select the Region or Country that you prefer to exchange into.

Our Fair Exchange Policy will ensure that the credits allocated to your deposited week is in accordance with the credits table that was issued to you when you became a member.

Credits allocated to each property and week vary based upon the demand for the property, facilities on-site, amenities, size of the accommodation and the time period of the year.

Similarly, the credits that you will use in an exchange are based on the same principle.

The credits table appears alongside the description of each property.

ACCRUAL

Deposit
Deposit the current year/s and or next year’s allocated week/s.

Balance
The credits allocated to your deposits are to your credit

Withdraw/Exchange
The credits used for each week are deducted from your credit balance

Accumulate
Accumulate your credits for up to 5 years

or

Borrow
Borrow from next year’s deposits.

EXCHANGE FEES
Local Exchanges (within South Africa)= R390 per exchange
International Exchanges= R1200 per exchange

Please note that certain members do not pay exchange fees in the first year of their membership


FAQ

Q: Why are the credits allocated to me this year different from last year?
A: You may have been allocated with a higher demand peak, high or low season week last year. Because your allocation of weeks differ each year, each member has a fair opportunity to use the time period in the year. Remember that the Total Credits issued to each unit of accommodation never changes. So, all that happens is that the credits allocated to you rotate each year.

Q: I have decided on the destination property that I want to exchange into, What now?
A: Complete the exchange enquiry form “I am an existing member and would like to make a Reservation? and email it to us. We will contact you shortly.

Q: I want to exchange into a property but I do not have sufficient credits. What do I do?
A: Simply deposit a future week/s in the current year or the next year into our exchange pool in order to provide you with a higher credits balance.

Q: When can I deposit my week/s with you to my credit?
A: We recommend that you deposit your weeks with us as soon as you receive your allocation for the year/s.

Q: I have changed my mind about using one of my allocated weeks. Can I still deposit the week/s into the exchange pool?
A: We need at least 3 (three) months notice ie. Deposit your week with us at least 3 months before the start date of your allocated week. If for some reason you are unable to do so, please contact us and should we have another member that needs your week, we will gladly accept it as a deposit to your credit.

Q: I am unsure of the destination that I wish to travel to. Can you help?
A: Submit an enquiry and one of our trained professionals will assist you.

Q: Can I take a short break away from home, perhaps a few days or a weekend?
A: Certain properties permit daily, weekend or mid-week exchanges. Weekends are the highest in demand in certain locations where you will use 75% of the full weeks credits for a weekend break. Also, during certain Peak periods, only full week exchanges are possible. Contact us and we will assist you.

Q: I want to make advance reservations for the on-site facilities or amenities at the property that I am exchanging into. Can you assist?
A: Contact us and we will assist you

Q: Can you assist me with my travel reservations ie. Flights, car hire, show tickets, et?
A: Yes, contact us and we will find the most competitive yet convenient options for you.




 
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