Another dratted use year borrowing banking type question

[kid-at-heart]

I have a use year of Oct; if I make a reservation for May 2012 with borrowed points from 2012 (points which would normally become available Oct 1, 2012), and then have to cancel will I need to use the borrowed points by Sept 30, 2013? In other words, I will not be able to bank the 2012 points, correct?

I am hoping I will not have to cancel, have no intention of canceling but sometimes life changes plans and I want to know what the consequences will be if a cancellation is needed.

Thanks!
kate

 

[DenLo]

If you cancel the reservation you will need to use the points by September 30, 2013, because borrowed points cannot be banked.

 

[bumbershoot]

Borrowing, just like banking, is a final, un-doable, transaction. You can't bank borrowed points or borrow banked points. They stay where you put them.

If you have points that are normally good from 10/12 to the end of 9/13 (2012 points), and you pulled them into the 2011 use year, they are good from 10/11 to the end of 9/12. So those borrowed points would have to be used by the end of September 2012, not '13 like you said in your post.


We have a Feb UY, and we booked our first trip for December 2010. Used banked '09, current-at-the-time '10, and some borrowed '11 points. If we'd had to cancel we would have probably lost SO much. It's dangerous stuff! But it all worked out, and I hope your trip will work out too.

 

[kid-at-heart]

Borrowing, just like banking, is a final, un-doable, transaction. You can't bank borrowed points or borrow banked points. They stay where you put them.

If you have points that are normally good from 10/12 to the end of 9/13 (2012 points), and you pulled them into the 2011 use year, they are good from 10/11 to the end of 9/12. So those borrowed points would have to be used by the end of September 2012, not '13 like you said in your post.


We have a Feb UY, and we booked our first trip for December 2010. Used banked '09, current-at-the-time '10, and some borrowed '11 points. If we'd had to cancel we would have probably lost SO much. It's dangerous stuff! But it all worked out, and I hope your trip will work out too.

Yuk, that does make sense about borrowed points must be used during "use year", not "reservation year". It also makes borrowing this time a bit more risky. While we will be traveling in the year 2012, our use year is still 2011.

 

[DebbieB]

I have a use year of Oct; if I make a reservation for May 2012 with borrowed points from 2012 (points which would normally become available Oct 1, 2012), and then have to cancel will I need to use the borrowed points by Sept 31, 2013? In other words, I will not be able to bank the 2012 points, correct?

I am hoping I will not have to cancel, have no intention of canceling but sometimes life changes plans and I want to know what the consequences will be if a cancellation is needed.

Thanks!
kate

With an October use year, a stay in May 2012 would be in your 2011 use year. Borrowed points would have to be used by 9/30/12.