This all sounds great in principle and we (The Players Club) have a reciprocal arrangement with Manor House at Castle Coombe. The plusses have largely be made already, the perceived value.
Here are some of the facts with our arrangement: About 20% of the membership use both ways. A couple of people use it a lot and perhaps because of that I wonder if that endangers the whole thing. I have caught some of our members taking guests at MH and saying they are members. Rarely do MH not have a space for us and we always try and accommodate them. They tend to use it for groups of between 12-20 when they have corporate days.
We had arrangements with two other clubs (one was 50 miles away) (one was 100 miles away). In two years we only had 2 of our members play at each of theses courses. They were about the same for the 100 miler and the other one used us about 30 times.
I think free arrangements always run the risk that one club/course is better than another. If its an unlimited swap it may cause a problem, in fact you need your fees to be the same(ish).
There is the Crown scheme and there is another amongst 20 or 30 proprietary clubs. I don't know exactly how this has worked but the 2nd hand information back is that it is rarely used but I only have that information from one club. The worry as I see it is that a collection of 20, 30, 40 clubs means that there are good, okay, not bad and not good courses. If you are the good one then your members don't see much in playing lesser ones.
The County Card has over the last 5 years grown into a National Discount Card, I think all but one English County is in the scheme. Some clubs let you play for £10 or half price, some for members guest rate, some give 25% discount or less. Some Clubs (probably most of the top 100 clubs) don't allow county cards. Those clubs as far as I am aware don't get county cards for their members.
County Cards would be great if there were no 2-4-1s and clubs were not struggling for the business. The problem that happens is that the £15 fee you could play ABCDE golf club on a county card is not really any use because they take 2-4-1 vouchers, or you can grab a £15 time on teeofftimes or some other ponce system.
There is a new addition to this mess as well. BRS are a company that operate tee time booking systems for (I think) 700 UK & Ire Clubs, recently they were bought out by GOLF NOW. It costs about £1500 a year for the licence fee, though you can have it all for nothing if you give them 2 tee times per day. I did not think any golf clubs would be so stupid to take up their kind offer and gift them up to 2920 rounds of golf to waive the £1500. If its used just 20% of the time then you have gifted your rounds at about £3. Apparently 150 clubs have signed up to this wonderful scheme. In my view golf clubs should make membership the best route. We should not fuel the nomad route to the extent that its cheaper to play than being a member.
Our policy is our green fee midweek is £48 per round £72 day. Members guest rate is £36. I take 2-4-1s @ 50% of day rate and I accept CCards at £36, For society groups my rate is about the same. I am very precise I never drop the guard and allow cheap routes. We also give away 4ball vouchers for charities to sale, but you see them on ebay for £70 and at some clubs the 4ball voucher hardly makes a tenner. I have stopped giving those out now, I gift a voucher for our second course and they can pay £50 to upgrade. Didn't want to do it but felt I owed it to them.
I don't know if there is a nice answer, dictating prices and terms will never work, so I guess we are left with the competive rat race as is.