50% borrowing issue

[bababear_50]

Hi

I have borrowed my 50% of 2022 points for an upcoming stay.
Feb 2022.

I have a Aug use year.

When would I be able to use the other 50% of my 2022 points?

Going forward will I be limited to only borrowing 50% of my 2023 points?

Thanks
Mel

 

[drusba]

If you borrowed from your Aug 2022 use year for for a trip in Feb 2022, you will not be able to borrow any more from that Aug 2022 use year. You will still be able to make reservations using the points left in that Aug 2022 use year at 11 (or7) months out for any reservation for a stay between Aug 1, 2022 and July 31, 2023, meaning for example you could today reserve a trip using remaining Aug 2022 points for a stay at your home resort during Sep 2022. Moreover, for any such reservation for a stay between Aug 1, 2022 and July 31, 2023, you could, if needed, borrow up to 50% of your Aug 2023 points at the time you make the reservation at 11 (or 7) months out. Under the current rule, you will be limited to borrowing only 50% of the Aug 2023 points. It is unknown how long that 50% rule will be in effect.

 

[bababear_50]

If you borrowed from your Aug 2022 use year for for a trip in Feb 2022, you will not be able to borrow any more from that Aug 2022 use year. You will still be able to make reservations using the points left in that Aug 2022 use year at 11 (or7) months out for any reservation for a stay between Aug 1, 2022 and July 31, 2023, meaning for example you could today reserve a trip using remaining Aug 2022 points for a stay at your home resort during Sep 2022. Moreover, for any such reservation for a stay between Aug 1, 2022 and July 31, 2023, you could, if needed, borrow up to 50% of your Aug 2023 points at the time you make the reservation at 11 (or7 months) out. Under the current rule, you will be limited to borrowing only 50% of the Aug 2023 points. It is unknown how long that 50% rule will be in effect.

Thank-you
Hopefully the 50% rule disappears before 2023.
I guess I'm lucky I have enough travel reward points that I can use them for hotel stays for the next couple of years.

Mel

 

[Sandisw]

It’s 50% for each UY, not calendar year. So since you already used the 50% of the 2022 points by borrowing back into your 2021 UY, the next set will be your 2023 points for a trip taking place in your 2022 points.

For example if you wanted to book a trip for September 2022 today at your home resort, you would have access to borrow up to 50% of those 2023 points because that trip takes place in your Aug 2022 UY.

Its all about the trip and not what UY you are in when you are booking that trip.

 

[luckyman_apd]

I would hope that by the end of 2022 we might see the end of the borrowing restrictions. I think with some peoples canceled reservations when the parks were closed and points being returned from borrowed status and then people not traveling for all of 2020...and even early 2021....Just creates a huge overload of points with only so much availability to go around.

I can say have looked periodically in different time windows and my unscientific random searches....it appears availability/demand to me is returning to prepandemic levels....But it's highly possible with a 3 year bank/borrow option.....that we could have to wait until the end of 2023....or at least July 2023.

We were planning an Aulani during the 2023 summer.....so that could really affect our plans....so right now I'm trying not to touch our 2022 points in case I need to bank them. My contract is only 125 points....and the timeframe.....a studio there can be anywhere from 189 points for a week to 350 for a 1 br (I wouldn't be able to go any higher than that so Ocean View 1br is out lol). So if we wanted a 1 br.....I would need 2022, 2023 points.....and then I would only be able to get to 313 points with the 50% rule of borrowing 2024 points.

 

[Minniesgal]

Thank-you
Hopefully the 50% rule disappears before 2023.
I guess I'm lucky I have enough travel reward points that I can use them for hotel stays for the next couple of years.

Mel

I wouldn’t count on it I think that would be unlikely

 

[Minniesgal]

I would hope that by the end of 2022 we might see the end of the borrowing restrictions. I think with some peoples canceled reservations when the parks were closed and points being returned from borrowed status and then people not traveling for all of 2020...and even early 2021....Just creates a huge overload of points with only so much availability to go around.

I can say have looked periodically in different time windows and my unscientific random searches....it appears availability/demand to me is returning to prepandemic levels....But it's highly possible with a 3 year bank/borrow option.....that we could have to wait until the end of 2023....or at least July 2023.

We were planning an Aulani during the 2023 summer.....so that could really affect our plans....so right now I'm trying not to touch our 2022 points in case I need to bank them. My contract is only 125 points....and the timeframe.....a studio there can be anywhere from 189 points for a week to 350 for a 1 br (I wouldn't be able to go any higher than that so Ocean View 1br is out lol). So if we wanted a 1 br.....I would need 2022, 2023 points.....and then I would only be able to get to 313 points with the 50% rule of borrowing 2024 points.

I think availability is likely to take a big hit now. UK visitors are now able to fly back to the US so many will be booking now and many have lots of points available. Frankly I think we will be lucky if it sorts itself out before 2024

 

[luckyman_apd]

I think availability is likely to take a big hit now. UK visitors are now able to fly back to the US so many will be booking now and many have lots of points available. Frankly I think we will be lucky if it sorts itself out before 2024

I forget that there are a lot of British DVC members. Pretty egocentric of me to focus just on the US. My bad

 

[bababear_50]

I forget that there are a lot of British DVC members. Pretty egocentric of me to focus just on the US. My bad

And we Canadians Too!

 

[rockinrollercoasters]

Is the 50% borrowing limitation per contract or 50% of the total points you receive in your UY? If I want to book a BLT trip and at 11 months out need to borrow more than 50% of my BLT points to do so I was thinking I would need to book a split stay. But if it is 50% borrowing of my total points owned I could book the whole time at BLT.

 

[JETSDAD]

Is the 50% borrowing limitation per contract or 50% of the total points you receive in your UY? If I want to book a BLT trip and at 11 months out need to borrow more than 50% of my BLT points to do so I was thinking I would need to book a split stay. But if it is 50% borrowing of my total points owned I could book the whole time at BLT.

50% per contract.

 

[rockinrollercoasters]

50% per contract.

Thanks so much!