The Rules:
- Premier Silver, Gold and Platinum Bluegreen owners may elect to use Points toward the payment of their Maintenance Fee and Club Dues instead of money (cash, check, credit card).
- May use only Annual or Borrowed Points.
- Saved, Bonus, or AIM Points are not eligible for this benefit.
- Points can only be used to pay Maintenance Fees and Club Dues when they are billed.
- Points cannot be used to pre-pay Maintenance Fees.
- Rates are subject to change at any time and without notice.
My Take:
While it might help in a pinch, using Bluegreen points to pay your maintenance fees regularly does not make financial sense. If you look at the table below, for Silver and Gold Premier Bluegreen Owners using 140,000 points to pay $1,400.00 in maintenance fees comes in at a penny per point. For Platinum Premier members it is 70,000 points, which equates to $0.02 cents per point.
My maintenance fees ran close to 8.5 cents per point last year. 140,000 points times $0.085 equals $11,900.00. A Gold Premier Bluegreen owner would pay $11,900, and a Platinum Premier Member would pay $5,950, out of pocket to get $1,400.00 back towards the maintenance fees for next year.
Why would you buy something for 8.5 cents and sell it for 1 or 2 cents? Effectively, that is what you are doing when you redeem your points to pay your maintenance fees.
The best value of your Bluegreen points is always to use them to book a reservation during the use year, the next best would be saving them for the following year.
Points Payment Guide
| ITEM | SILVER | GOLD | PLATINUM |
|---|---|---|---|
| VACATION CLUB DUES | 12,900 | 12,900 | 6,450 |
| UP TO $200 | 20,000 | 20,000 | 10,000 |
| $201 - $300 | 30,000 | 30,000 | 15,000 |
| $301 - $400 | 40,000 | 40,000 | 20,000 |
| $401 - $500 | 50,000 | 50,000 | 25,000 |
| $501 - $600 | 60,000 | 60,000 | 30,000 |
| $601 - $700 | 70,000 | 70,000 | 35,000 |
| $701 - $800 | 80,000 | 80,000 | 40,000 |
| $801 - $900 | 90,000 | 90,000 | 45,000 |
| $901 - $1,000 | 100,000 | 100,000 | 50,000 |
| $1,001 - $1,100 | 110,000 | 110,000 | 55,000 |
| $1,101 - $1,200 | 120,000 | 120,000 | 60,000 |
| $1,201 - $1,300 | 130,000 | 130,000 | 65,000 |
| $1,301 - $1,400 | 140,000 | 140,000 | 70,000 |
| each additional $100 or portion of $100 | 10,000 add'l Points | 10,000 add'l Points | 5,000 add'l Points |