Originally Posted by
Annandaler
+1 here. We bought two MVCI weeks years ago strictly for the points exchange. I wish I had on paper the verbal promises made at that time as to how generous the points exchange would be in getting hotel stays and travel packages. The only written promises were the (fixed) point exchange value - which have been severely depreciated in value over the years. How about the MC addressing this issue.
Verbal representations are binding plenty of times, but when the printed and executed agreement claim that verbal representations are to be disregarded, it's an uphill battle.
This kind of change is yet another reason I'm glad I've never jumped on board an MVCI package -- I just feel awful for my relatives and friends and the others who bought in and will be left short of what they too used to get and thought they would continue to get.