Private Edition 2024/25

YOUR ACCOUNTS EXPLAINED As a Member of The Holiday Club you will have various accounts linked to your profile. This is due to certain fees being charged on behalf of other entities within The Holiday Club, and in order to keep control of all these transactions, we need to keep them separated. TRUST ACCOUNT MEMBERSHIP AND RESERVATION FEE ACCOUNT PURCHASE AND FINANCE ACCOUNTS iEXCHANGE AFFILIATION ACCOUNT To make your life easier, you can pay multiple accounts with one payment. The Trust Account is a holding account for all payments and we will transfer the amounts owing to each individual account. Payments are allocated based on how long any amounts have been outstanding. The Purchase Account will reflect your purchase price, less your deposit, plus the administration fee. The Finance Account will then reflect the balance to be financed should you have chosen to finance the amount outstanding. The Finance Agreement’s terms range from 3 - 72 months. Each month’s service fee and interest are raised on the account. These amounts are included in your monthly instalment and need to be settled within 30 days of statement. TheMembership Fee is used to pay the levies of all the inventory owned by the Club. The Reservation Fee covers the cost of various administrative and staff costs relating to our Call Centre. These fees are invoiced annually in the month prior to your Anniversary Date and are payable 30 days from invoice. Additional booking fees (if applicable) may also be charged to this account, as and when they become due (See page 42 for reference). iExchange offers exciting exchange options both locally and internationally. Any fees relating to using this iExchange benefit, if applicable, will be raised on this account. (See pages 64 to 74 for more information on iExchange). It’s now easier than ever to pay your accounts. We’ve made sure that there are a number of convenient ways to pay, ensuring uninterrupted holidays. So you don’t have to worry about keeping track of multiple accounts, we suggest making one convenient payment, which we will then allocate to your Trust Account. It is important to remember, depending on your method of payment and with whom you bank, that your payment can take up to two days to reflect on your Club account. ACCOUNT PAYMENT OPTIONS DIRECT DEPOSIT TELEPHONE THE HOLIDAY CLUB WEBSITE (EFT & CREDIT CARD) HOW THE HOLIDAY CLUB WORKS 37 Your Accounts Explained | www.theholidayclub.co.za DEBIT ORDER CREDIT CARD