Understanding Use Year - Updated January 2, 2015

Discussion in 'Purchasing DVC' started by CarolMN, Sep 5, 2008.

  1. CarolMN

    CarolMN DVC Co-Moderator Moderator

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    Use year is the month your points are renewed each year. You have one year to use your points before they expire (unless you bank them).

    Use year determines your banking deadlines, but it has nothing to do with when you can make a reservation. You can always call (or book online) 11 months prior to your desired check in day for a reservation at your home resort and 7 months prior to your desired check in day if you want to reserve something at a non-home resort. You do NOT have to wait until your use year begins to make a reservation - actually all of your points are already in your account. You just have to have points available that will be valid for your desired stay.

    For example:

    Let's say you buy 200 points on February 1, 2015 and you get an October use year.

    Your 2015 points are valid for stays between 10/1/2015 and 9/30/2016. Those would be considered your current use year points for any stays that occur during that time period.

    If you buy directly from Disney before 10/1/2015 and get an October use year, you will probably also get 2014 use year points with your purchase. (2014 points would be valid to pay for stays between 10/1/2014 and 9/30/2015). You will be allowed to bank the 2014 points even if you are past the banking deadline. This is a courtesy Disney has been providing to those who purchase directly through them.

    If you don't plan to take a trip before 9/30/2016, you'll want to bank your 2015 points so that they do not expire. As long as you call before the end of May 2016 (the banking deadline for October use years), you can bank all 200 2015 points. You may not bank at all in June, July August or September if you have an October use year.

    Your 2014 use year points are good for stays between 10/1/2014 and 9/30/2015.
    Your 2015 use year points are good for stays between 10/1/2015 and 9/30/2016.
    Your 2016 use year points are good for stays between 10/1/2016 and 9/30/2017.
    Your 2017 use year points are good for stays between 10/1/2017 and 9/30/2018.
    etc.

    You may bank points one use year forward and you may borrow points from one use year ahead.

    For example:

    Let's say you want to stay in May of 2016 and your stay will cost 500 points. May, 2016 falls within your 2015 use year. (See the chart above). So for a May 2016 vacation, the current use year is 2015. For that reservation, you may use the current use year points from the 2015 use year, any banked points originally from your 2014 use year and you may borrow points from your 2016 use year.

    If you plan to stay at your home resort, you can call to make the reservation for May 2016 in June of 2015, even though your 2015 use year doesn't begin until October 1, 2015. Again, use year has nothing to do with WHEN you can call to make the reservation.

    Banking and borrowing are final transactions. If you cancel a reservation made with banked or borrowed points, the points will not be returned to their original use year. So they would expire at the end of the current use year unless they were used before then. You may not bank or borrow the same points more than once.

    Let's say you do have to cancel that May, 2016 vacation and you call to cancel it in March, 2016 (which is more than 31 days prior to arrival). To make the reservation, you used 200 current use year points (from 2015 use year), 200 banked points (originally from 2014) and borrowed 100 points from 2016.

    After you cancel, you would have 300 points to use or lose before 9/30/2016, the end of the current use year (2015) for that vacation - i.e., the 200 that were banked and the 100 that were borrowed. Remember, banked and borrowed points cannot be returned to their original use year.

    If you call MS before the end of May 2016, you could bank all 200 of your 2015 use year points. After banking, those points will be valid for stays between 10/1/2016 and 9/30/2017. They will expire on 9/30/2017 if not used before then - remember, you cannot bank the same points more than once.

    If you didn't call to bank your 2015 points until after May 31, 2016 then you could not bank any points at all and all 500 of the returned points would have to be used before 9/30/2016.

    If you cancel a reservation 30 days or less prior to arrival, the points go into the holding account. In addition to expiring at the end of the use year, holding points may only be used to make a reservation that will begin no more than 60 days in the future. Since availability is often very limited 60 days or less prior to arrival, it can be very difficult to use holding points. It is not unusual for holding points to expire without being used.

    Use year only matters if you have to cancel a vacation that was scheduled to occur late in your use year - i.e., during the last three months. That's because banking is not allowed during the last four months of your use year and so you don't have much time to reschedule before the points expire. Many owners never have to cancel a vacation (lucky them, LOL) so they don't worry about use year.


    ADVICE: If you travel about the same time of the year on a regular basis, it's best to choose a use year that falls no more than 7 or 8 months prior to that time. Keep in mind that your travel pattern may change over the course of your ownership. What starts out as a "perfect" use year may end up to be not so perfect


    Remember, use year has nothing to do with when you may call to make a reservation. All of your points are actually "in your account". You don't have to wait until your use year begins to have access to your points - you just have to match your vacation dates to the use year (find the use year that will be the current use year for that vacation), and then make sure you have enough points in that use year to make the desired reservation.
     
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  3. Rileygirl

    Rileygirl DIS Veteran

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    Thank You Carol :thumbsup2

    I am going to print this out, and put it in my file!
     
  4. Tikihula

    Tikihula DIS Veteran

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    Me too. This is great information. Thanks.
     
  5. dalt01

    dalt01 DIS Veteran

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    ok, in the one sentence where you mention 2007 use year points it sounds like i would get 200 free points am i reading this correctly?
     
  6. WebmasterDoc

    WebmasterDoc Administrator Administrator

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    Yes, at this moment anyone with a Use Year of either October or December (there is no November Use Year) would still be in their 2007 Use Year. A purchase with either of those Use Years would get the current points with their purchase. Currently, MS has been allowing new purchasers to bank current points even if beyond the usual banking deadline - so those buying an October Use Year would get their 2007 allotment of points and then another allotment on October 1, 2008. December Use Year points would work the same way.

    There are no January, May, July or November Use Years.
     
  7. dalt01

    dalt01 DIS Veteran

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    one more question, i was told the AKV currently on sale is not available for bookings before may. does this affect the answer to my last question? also does the fact that, if i understand it correctly, i can buy in with 100 points change anything. sorry for seeming so dense.
     
  8. Muhlenberg

    Muhlenberg <font color=blue>Clues! We want clues! <br><font c

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    We just bought 160 pts at AKV, with a December UY. We received 160 Developer Points, that must be used within one year of signing the contract and they must be used at SSR. We received, to the best of my knowledge, 160 Dec. '08 points to be used AFTER May 1, 2009. We haven't received the paperwork yet...but it should be here REALLY soon. I'll check it to make sure they are '08 points that we are receiving. Maybe I have misunderstood what we're receiving, and they actually are '07 points.

    My DH just verified that we ARE receiving Dec. '08 points...NOT '07 points.
     
  9. square pond

    square pond <font color=purple>Someone please tell me how to a

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    We just purchased 180 pts at AKV and recieved 180 SSR Developer and 180 Dec 2008 points. Are you saying we should also be recieving December 2007:confused3 points???
     
  10. Donald is #1

    Donald is #1 DIS Veteran

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    In the case of AKV since not all of the rooms are available, then no you will not be receiving 2007 points. If the "unit" that you purchased was complete/open/available, prior to December 2008, then you would have received 2007 points. If the "unit" that you purchased was/will be completed after December 1, 2008, then you will not receive 2007 points.
     
  11. square pond

    square pond <font color=purple>Someone please tell me how to a

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    Thank you:thumbsup2
     
  12. lranen

    lranen Earning My Ears

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    Thanks for that great explanation. I was worrying that my UseYear was a month too early. Now, it looks like I lucked out and got the perfect time! :)
     
  13. Coach P

    Coach P Mouseketeer

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    So If we to buy and we go during Christmas every year we would want an Aug use year?
     
  14. CarolMN

    CarolMN DVC Co-Moderator Moderator

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    August would work for December vacations, but so would several other use years. You want a use year that gives you enough time to bank points if you can't reschedule before the use year ends.

    So since the banking deadline is the end of the 8th month after the start of your use year and you plan to vacation in December, the "best" use years for you (in order, best on top) would be:

    December
    October
    September
    August
    June
    and even April (because if you cancel 30 days or less prior to arrival, the returned points go into the holding account and cannot be banked.)

    I defined "best" as the use year that would give you the most time to reschedule your December vacation or decide to bank the returned points.

    Keep in mind that your vacation pattern may change and what works well for you now may not work so well later. Also, this only matters if you actually have to cancel a vacation. That usually doesn't happen very often (we hope). If you cancel late, it use year won't matter much - holding points can be tough to use and expire at the end of the use year.

    For example -
    If you like to go in the Fall, Winter and early spring months, August & September use years will work well for you. If you see yourselves going in the late spring months, the Summer months and October - December, April would be better. (There is no May use year).

    A June use year is better for Summer, Fall & early to mid-Winter vacations.
     
  15. vinny&lynn

    vinny&lynn Earning My Ears

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    is your uy strictly a factor of when you join or sign up for dvc or is it something you can chose yourself with guide assistance?

    since my family usually vacations something between late august
    to early nov, what would be our best uy?

    i apprecaite your help,
     
  16. nocruisecontrol

    nocruisecontrol Where it all began....

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    We're seriously contemplating buying in to DVC. I believe are most likely times to vacation will be late March and mid/late September (even with the hurricane risk).

    So would my best use year be September?

    Barbara
     
  17. Sandisw

    Sandisw Moderator Moderator

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    Yes, September would be a great UY for you. You have until April 30th every year to bank points with this UY so both your preferred travel times fall within your 8 month banking window!

    Good luck and happy planning!
     
  18. GirlfromTN

    GirlfromTN Mouseketeer

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    I am thinking that September would be a good use year for us, since we would probably like to go in Fall (after labor day), Winter (to see Christmas decorations), and early spring (before spring break crowds). Am I correct? Would another month be even better? We'd probably be likely to avoid the hottest months as well as the school breaks.
     
  19. Sandisw

    Sandisw Moderator Moderator

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    Yes, September is also good for you. With September, you have until April 30th every year to bank points. All of the times you want to travel fall in the 8 month banking window for September, so if you had to cancel (at least 31 days out), you would still be able to bank your points!
     
  20. christa112

    christa112 DIS Veteran

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    Bumping this Thread!!! This a good one
     
  21. maminnie

    maminnie DIS Veteran

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    If someone could give me some advice on this one:

    If you currently own a contract through DVC and you buy a resale for the same resort and same use year, can you combine the points when making a continuous reservation which requires points from both contracts?

    I thought the answer was yes but a few comments on the boards are now confusing me a bit.

    Thank you for your help.
    maminnie
     

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