WorldMark^® Words

Spacebanking with RCI underwent a change when the new RCI search and booking interface was added to the WorldMark web site. In case you are not familiar with the term, spacebanking, or deposit first, means depositing some of your WorldMark credits into your RCI account without making an immediate exchange. It is most commonly talked about as a way to extend the life of soon to expire credits. Spacebanked credits can be used for an RCI exchange up to 2 years after they are deposited. It does not matter what the expiration date of the credits you deposited are, you have two additional years to make an exchange using them.

Prior to the recent change, when you spacebanked credits a specific week at a specific WorldMark resort was deposited in your RCI account. If you deposited 4,000 credits a Blue season studio unit was deposited. If you deposited 10,000 credits a Red season 2 bedroom unit was deposited. You did not choose which resort the deposit came from or which specific week it was. The exchange department handled that. After the week was deposited you could log into your account on the RCI web site (or call RCI on the phone) and search for an exchange you wanted. You were searching with that specific unit, not with all of WorldMark as you did with Confirm First.

With the new system that changed. Now when you spacebank you do not have a specific unit deposited, you have credits deposited. The credits go into your WorldMark RCI account and are displayed when you log into RCI through the new WorldMark link. When you look at your account on the RCI page you see two entries. One shows the number of credits that are in your WorldMark account and the second entry shows the number of credits you have spacebanked with RCI.

If you find an exchange you want credits are deducted from your account, with the spacebanked credits used first and your normal WorldMark credits second. For example, if you have 6,000 WorldMark credits spacebanked and book a 10,000 credit exchange, the 6,000 spacebanked credits and 4,000 normal credits will be deducted from your account. Under the same scenario, if you book a 4,000 credit exchange only spacedbanked credits will be used, leaving you with a balance of 2,000 spacebanked credits in your account.

This is a big improvement for most WorldMark owners. No longer will you have to worry about what week you will get for a deposit and whether or not that week will produce a good exchange. Now you will always be searching with all of WorldMark, whether you are using current credits or spacebanked credits. The only disadvantage is for those few owners who spacebank a small deposit (4,000 or 5,000 credits) with the intent of trying to get an exchange which would require more credits. That option is no longer available. All exchanges will require the same number of credits as shown in the RCI exchange tables, it makes no difference if the exchange is completed using regular credits or spacebanked credits.

It is important to note that this new spacebanking of credits applies only to deposits made since the new system went into effect. If you had spacebanked credits before the change the fixed week you received is still in your RCI account. You access any such weeks through the RCI website, not the WorldMark web site. Similarly, any new deposits are accessible only through the WorldMark website RCI link, they will not be visible if you log into the your RCI account directly on the RCI website.