Banked / Borrowed Questions

[MMays]

Hello, new DVC member here.

I have a June UY and currently have 200 points banked from 2022, 200 points from 2023 and 200 points coming 2024.

Q1. The 200 points banked from 2022 need to be TRAVELED by and not RESERVED by May 31, 2024 correct?
Q2. I am planning to travel to WDW in October 2024 and make my reservations at the 11 month booking window (November 2023). When do the current year points (2023) expire? Will I need to bank my 2023 points by Jan 2024 in order to use them my October trip?

 

[ShablamE]

Hello, new DVC member here.

I have a June UY and currently have 200 points banked from 2022, 200 points from 2023 and 200 points coming 2024.

Q1. The 200 points banked from 2022 need to be TRAVELED by and not RESERVED by May 31, 2024 correct?
Q2. I am planning to travel to WDW in October 2024 and make my reservations at the 11 month booking window (November 2023). When do the current year points (2023) expire? Will I need to bank my 2023 points by Jan 2024 in order to use them my October trip?

Q1. Correct the 2022 points need to be traveled on by May 31 2024 or they will expire.
Q2. Current year points expire on the last day of the current use year unless banked forward. So your 2023 points would also expire on May 31 2024 just before your June UY points are assigned unless they are banked into your 2024 UY. So yes you will need to bank those points into 2024 if you do not intend on traveling until after June 2024.

 

[MMays]

Q1. Correct the 2022 points need to be traveled on by May 31 2024 or they will expire.
Q2. Current year points expire on the last day of the current use year unless banked forward. So your 2023 points would also expire on May 31 2024 just before your June UY points are assigned unless they are banked into your 2024 UY. So yes you will need to bank those points into 2024 if you do not intend on traveling until after June 2024.

Thank you so much for responding! This makes sense now.