Anothing banking question

[Marine Mom]

We just purchased a contract for BWV. I am a little confused regarding banking pts and the window to bank points. If we received 150 2010 pts (Mar. UY) when do the points have to be banked? If I didn't use them by Mar. 2011 would I lose them?

Probably stupid question but I am a newbie to DVC (so happy though).

Thanks for any input.

 

[cvjw]

With a March use year, you must bank your points by Oct 31st each year. If you bank your 2010 points into 2011, they are good until the last day of February of 2012.

 

[mantismad]

Yes you would lose your points if you did not use them by the end of Feb 2011 or if you have not banked them by 31st October 2010. Be aware that banked vacation points can only be banked once and cannot be returned to their original use year, so make sure that you have no intention of using them for a vacation before end Feb 2011 and if not then bank them by 31st October 2010.

 

[Marine Mom]

Thank you I appreciate the feedback!

 

[PoohsFan1]

We too are brand new DVC owners (at BLT) with a March use year. As the other PPs have already mentioned, if you do not plan on using your 2010 points this year, you must bank those points by October 31st or they will be lost. We just returned from our trip last night and tomorrow I am going to call to bank our 2010 points since we do not plan on going back to Disney until 2011. Congrats on your purchase and Welcome Home.....I just love saying and hearing that

 

[Marine Mom]

We too are brand new DVC owners (at BLT) with a March use year. As the other PPs have already mentioned, if you do not plan on using your 2010 points this year, you must bank those points by October 31st or they will be lost. We just returned from our trip last night and tomorrow I am going to call to bank our 2010 points since we do not plan on going back to Disney until 2011. Congrats on your purchase and Welcome Home.....I just love saying and hearing that

Thank you! I am using some points for our Jan. trip but I wasn't sure if I could bank the rest. I appreciate your input.

 

[gabrieltorres]

If after you bank points, you decide to use points in the current year, you can always borrow from the following year. This way you never lose points because you missed the banking dealine