Advice/Questions: To bank or not to bank

[trpscooby]

Hi all! I would very much appreciate anyone’s thoughts and advice...We have a BWV December use year, 185 points from 2021 and 350 coming this December. No points banked yet.

We’re thinking of a late 2022 Dec trip (which I known we have to start walking now), But, it may turn into a late summer trip. So, do I bank the 185 points so they can be used first when I walk the Dec reservation, and if so, if we change or minds and decide to go in August, will we only be able to borrow 267 points it total [(350+185) /2]?

Or do I not bank the 185 points, book the Dec trip, and if we decide we’re definitely not going in August, bank the points by July, call member services and ask them to reallocate so the banked points are used first?

Hope this makes sense..If I’m missing anything else please let me know

Thanks for any help!

 

[Marionnette]

Hi all! I would very much appreciate anyone’s thoughts and advice...We have a BWV December use year, 185 points from 2021 and 350 coming this December. No points banked yet.

We’re thinking of a late 2022 Dec trip (which I known we have to start walking now), But, it may turn into a late summer trip. So, do I bank the 185 points so they can be used first when I walk the Dec reservation, and if so, if we change or minds and decide to go in August, will we only be able to borrow 267 points it total [(350+185) /2]?

Or do I not bank the 185 points, book the Dec trip, and if we decide we’re definitely not going in August, bank the points by July, call member services and ask them to reallocate so the banked points are used first?

Hope this makes sense..If I’m missing anything else please let me know ☺

Thanks for any help!

If the August 2022 trip is even a remote possibility, then do not bank your 2021 points. Use them to book the August trip. You have until July to bank them, so hold off.

Book the December 2022 using those 350 points from 2022. If the August trip falls thru (before July) you can bank the points from 2021 and have them reallocate to the December 2022 trip.

 

[kes601]

You would be limited to borrowing 175 points. Banked points don’t come into play with the 50% borrowing rule. The rule applies to how many points you have on your contract (as in what you get each UY).

 

[trpscooby]

You would be limited to borrowing 175 points. Banked points don’t come into play with the 50% borrowing rule. The rule applies to how many points you have on your contract (as in what you get each UY).

Ahh thank you for that info! I obviously thought it was 50% of the total points! And I’m assuming if I bank the 185 points I can’t use use them in 2021..

 

[trpscooby]

If the August 2022 trip is even a remote possibility, then do not bank your 2021 points. Use them to book the August trip. You have until July to bank them, so hold off.

Book the December 2022 using those 350 points from 2022. If the August trip falls thru (before July) you can bank the points from 2021 and have them reallocate to the December 2022 trip.

Thank you, that was my feeling too.

 

[kes601]

Ahh thank you for that info! I obviously thought it was 50% of the total points! And I’m assuming if I bank the 185 points I can’t use use them in 2021..

Correct. Also keep in mind that once points are banked or borrowed they are permanently in the use year they were placed into.

So banking into 2022 from 2021 means those points can only be used for reservations in the 2022 UY. Same thing if you were to borrow from 2023 into 2022 those points can only be used in 2022 UY stays. They can’t be banked back into 2023.

Hope that helps.

 

[Sandisw]

Definitely don’t bank your points until you are sure of no trips before December 1st.

Once you do bank, then you just modify the Dec trip to pick up the banked points.

 

[trpscooby]

Thanks guys! Very helpful advice!