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Old 06-30-2014, 03:22 PM   #1
Disney-Kim


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Use year does it really matter?

What are any cons of a UY...we plan to mostly travel to WDW in May.

some great deals are out there but late in the year UY...tell me the cons please

It seems like you can always borrow ahead ..but the one thing I read...

you CAN cancel your vacation if needed? I thought you couldn't if you used some banked points?
so if you cancel then you bank...and you want to be in your banking deadline...
right?

so tell me when it would be bad...I still can't quite wrap my mind around why UY matters that much (when we bought direct from Disney years ago I didn't question our Feb UY)

thanks you guys for helping me on this journey
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Old 06-30-2014, 04:09 PM   #2
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If you already have a contract with a use year that works for you, your best bet is to match it. That way you'll be able to seamlessly book vacations with one big pot of points rather than splitting your reservations between two smaller contracts.

If you have to cancel a reservation, you want to have enough time to either rebook and use those points before they expire, or bank them prior to your banking deadline.
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Old 06-30-2014, 05:12 PM   #3
Disney-Kim


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we bought many years ago and sold in 2009 and are buying again by resale so I am getting up to date on info
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~ WDW Boardwalk Inn May 13 ~Disneyland GCH Sept 12 ~ Disneyland GCH Nov 2011 ~ CBR May 2010 ~Polynesian Sept 09 ~ POR May09 ~ VWL May08 ~ Polynesian May07 ~ BCV May06 ~ VWL May05 ~ VWL May04 ~ BWV May 03~ Yacht Club Concierge Sept 02 ~ Polynesian Concierge for our Honeymoon May 02 ~ Beach Club 09/01 ~ CSR, POR, POFQ, and CBR on our previous trips back to 1992~
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Old 06-30-2014, 05:14 PM   #4
chitwndan
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I have no firsthand knowledge, being a new owner, but I would recommend the following thread.

http://www.disboards.com/showthread.php?t=1942668
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Old 06-30-2014, 06:10 PM   #5
JimMIA
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Use Year does matter, in one scenario.

Up to 100% of your points may be banked at any time (or multiple times) in the first 8 months of your UY. The ideal UY is one just prior to your normal vacation time. The danger of a UY too close after your typical vacation time is that if you have to cancel --and your banking deadline has passed -- you could lose the points.

For example, we had an October UY with both school-aged kids and a schoolteacher vacationing primarily in June and July. If we'd had a cancellation after May 30, we would have had a situation where the cancellation gave us "use or lose" points.

We actually did have that situation once, but it was quickly fixed by using the points prior to their expiration 9/30...but we were lucky in that case.
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Old 07-01-2014, 09:30 AM   #6
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some examples:

if you have a feb UY and a dec 2014 trip and you need to cancel 60 days out (in oct 2014), your banking window for your 2014 UY already closed on sept 30, 2014 so you'd have to scramble to use all of the pts in the reservation before they expire on jan 31, 2015.

if you have a dec UY and a dec 2014 trip and you need to cancel 60 days out, your banking window for your 2014 UY won't close until july 31, 2015 so you'd have until then to decide whether to use current year (2014 UY) pts for a reservation in that UY or else bank them to the next year. (you'd still need to use banked and borrowed pts by nov 30, 2015 since you can only move pts one time.)

if you have a feb UY and a dec 2014 trip and you need to cancel 5 days out, the pts would turn into "holding" pts so you'd have to use all of the pts in the reservation subject to a 60-day-out limitation - but that won't matter much since they expire on jan 31, 2015 anyway...which is less than 60 days out.

if you have a dec UY and a dec 2014 trip and you need to cancel 5 days out, the pts would turn into "holding" pts so you'd have to use all of the pts in the reservation subject to a 60-day-out limitation - but at least you'd have 12 months before they expire on nov 30, 2015 to decide what to do with them.

that’s the longer version of how UY makes life easier or tougher if you need to cancel – so it's good to try not to travel late in your UY if you can help it.

more info about UY is in the UY link above if you need it (you may want to bookmark it for later reference).
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Old 07-01-2014, 10:29 AM   #7
com_op_2000
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Quote:
Originally Posted by Disney-Kim View Post
It seems like you can always borrow ahead ..but the one thing I read...

you CAN cancel your vacation if needed? I thought you couldn't if you used some banked points?
Banking and borrowing are final transactions. If you cancel a reservation with borrowed points, you have to use the borrowed points before the end of the UY into which they were borrowed.
If you cancel a reservation using current UY points, are within your banking 8 month period, you can bank those cancelled points into your next UY.
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Old 07-01-2014, 04:12 PM   #8
Dean
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UY is variably important for most people. It can be worth up to a years worth of points or more for some. It's insurance against cancelations and losing points. For those where it's not important, they're taking additional risk regardless.
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Old 07-02-2014, 08:17 AM   #9
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Quote:
Originally Posted by Disney-Kim View Post
. . . . you CAN cancel your vacation if needed? I thought you couldn't if you used some banked points?
so if you cancel then you bank...and you want to be in your banking deadline...
right? . . . . .
If you have banked points being used in a reservation and you cancel that reservation at least 31 days before the check in date, the banked points return to the UY they were banked into and they will expire by the end of that UY. For example, you have a December UY and you cancel a May 2014 vacation on March 31, 2014. The points used for that vacation include 160 banked points from 2012 and 50 points from your 2013 UY.

Keep in mind your 2013 December UY runs from December 1, 2013 through November 30, 2014. And your 2013 points must be banked by July 31, 2014.

Back to the example, this May 2014 vacation is cancelled 31 days or more before your checkin so all of your points return to your regular account. If you want you can still bank any of your 2013 points into 2014 including the 50 points from 2013 that were used in this reservation. You have until July 31st to bank any 2013 points you have not used. The 2012 banked points also return to your current year points (2013) account but they may not be banked again and must be used by November 30, 2014 or they will expire and lost forever.

For a October UY you would have to bank points by May 31st. So using my example above, your 2012 banked points would expire November 30, 2014 and you could bank your 2013 points by May 31, 2014 into your 2014 UY.

Note: if you cancelled 30 days or less from the first day of your check in date the points go into a Holding Account which have their own rules. I won't confuse you with Holding rules now.
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