Any reason not to bank points?

[chilidawg]

Hello,

Is there any reason to not just bank the points as soon as you are able? Is there some downside to banking?

 

[TiggerBouncy]

Once banked, you can't pull them back into this use year. It's a one-way street.

 

[Marionnette]

Hello,

Is there any reason to not just bank the points as soon as you are able? Is there some downside to banking?

Banking is irreversible. So banking as soon as you can means that you will not be able to use them to book a reservation during your current UY. Even though I have no definite plans to use my December 2021 points during the remainder of this UY, I'll wait until closer to my banking deadline to move them to 2022 just in case I change my mind.

 

[Sandisw]

To add, with borrowing currently limited to 50%, if you bank them all and then plans change and you want to go, you can only borrow back half of the following UYs points.

I never bank until we get closer to deadline as while my trips are booked, I sometimes change a resort out if something better I want shows up.

 

[Her Dotness]

We bank points when certain we can't go during a given use year.

If that's your situation, I don't see any reason not to.

Otherwise, if a maybe trip is possible, I agree to hold off on banking until close to your deadline.

 

[Disneypapa]

I would follow the advice of Marionnette. I always wait until the near the deadline to bank to allow for change in vacation plans

 

[LAX]

If you wait closer to the deadline, you need to make certain that you don't "forget" though!

LAX

 

[Carol_]

Good tip I saw here once: Set a reminder event in your phone calendar to bank.