
The frequency that you can choose to trade your Club Points for Marriott Rewards® points will continue as was identified at the time of your purchase. However, the ratio used will be adjusted to reflect the Club Point redenomination and a higher Marriott Rewards trade ratio – 32 Marriott Rewards points for 1 Club Point. For example, a Member with 30,000 Club Points before this change, after the redenomination, will receive
| 30,000 CLUB POINTS (TODAY) | 3,000 CLUB POINTS (AS OF 31 DECEMBER 2015) | 
| 3:1 Ratio = 90,000 Marriott Rewards points (on a nonconsecutive year basis) | 32:1 Ratio = 96,000 Marriott Rewards points (on a nonconsecutive year basis) | 
Marriott Rewards trade fees* will remain at:
*Fees are accurate as of December 1, 2015, but are subject to change without notice.
