Adding On Points

[Mulan19]

I read that if you already own points at a DVC Resort, you can "add on" by purchasing points at a new DVC resort, or even adding points to that same original resort. How would this differ from having a separate contract at the new resort? Would it be better? For example, my husband and I own 360 points at Saratoga Springs and we would like to buy the same amount at Animal Kingdom. What is the difference between adding on versus buying a second contract. I am so confused!!!

 

[Paging Tom Morrow]

There are a lot of technicalties that one could cite, but basically an add-on is like a second (or third, fourth, etc.) contract. Add-on is a term used when you increase your point holdings in DVC. If you were to call your guide to purchase 360 points @ AKV, they would "add-on" a second contract to your first (aka master) contract.

So if your contract number was 1234567.01 for your SSR owenrship interest, your AKV ownership interest would be 1234567.02

You could however, decide that you want a new "master" contract to be set up for AKV. You would likely only do that if you wanted to change your use year or wanted to add additional owners to the contract.

If you still find this confusing, perhaps someone who is more of a wordsmith than I will answer. If not, just ask your guide.

 

[RobDoc]

The main difference in a new contract and an add-on is that add-ons may be as few as 25 points while a new contract would still have the 150 (soon to be 160) minimum.

You could buy a resale with fewer than 150 points, but purchases thru DVC directly will have those minimums.

Add-ons will have the same Use Year as your master contract while a new contract could have a different Use Year.

Enjoy!

 

[Dean]

Rather than talk about add on's and master contracts, let me hit a different direction. The issue is whether the contracts are linked. If they are (same use year are usually linked) you get to take your total points owned for your banking deadline percentages. That and the ease of keeping up with accounting are the benefits. OTOH, if one has different use years and/or different resorts, you get to chose which contract to use for a given trip. Say you own August and Feb at the same resort. If you want to travel in Dec, August is a much better contract for that trip all else being equal. The reason is if you have to change or cancel, you'll have a lot more time and options.