Club membership
Which club membership / loyalty programme do you find useful? There are some old school ones like Rotary, MCA, Koramangala club, gymkhana etc. Is there anything that’s useful to be a part of?
Is it worth buying club mahindra blue season membership? If you have the membership do share your experience and should one go for it or not?
It's short of a scam.
Finshots had an article on it, YT has videos and reviews on it. Have better use of your money.
These days influencers just want to sensationalise everything, so you need to take it with a pinch of salt. TBH I haven’t seen the finshots article so can’t comment on their research
"Timeshares" - that's what the Club Mahindra product is called. Very popular in the past. Their marketed price might look attractive. But they add fees and annual charges later. Also, they won't allow you to book on the busy holiday periods.
So for such services which are complicated, reviews are a Godsend.
I have heard its pathetic. Too many if and else clause
Avoid
it's very difficult to utilise and to make is burn
In Club Mahindra portal they'll show room not available for xyz resort for abc date and same resort would be bookable on MakeMyTrip for the regular nightly fare.
All in all you'd be better off doing a Bank FD of 2.7L and just book stays at regular fares, plus there are terms and conditions, you can't book for 15 nights straight even if previous years didn't booked any property.
I have been using for the past 15 years, it was good in the beginning but these days has been a hassle. However, it’s not a scam for sure, you just need to be diligent enough and pre-plan everything. Some of their resorts are really really good. Having said that, membership cost has gone up significantly these days so doesn’t make that much sense. You should rather make an FD of that much amount now and keep withdrawing as and when you want to go on a holiday - at least you will have the flexibility of staying at a resort of your choice and location
Which club membership / loyalty programme do you find useful? There are some old school ones like Rotary, MCA, Koramangala club, gymkhana etc. Is there anything that’s useful to be a part of?
Before people jump into validation mode, I thought let’s do something ulta (opposite)🙃
Pick one of your worst investment mistakes (it can be a stock, RE, ULIP, relationx blah blah)
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Thoughts on club memberships? Are you already a member? What is good about these? Why would you consider one?
AMEX is handing out 3 months free zomato gold membership to it's existing customers.
I hold MRCC, Gold Charge Card, smart earn and i received 3 months membership individually on all the cards for free!