Banking and borrowing points

[Auslander1980]

It has been a while since I did this but can I bank this years points into 2025 for a trip in 2025 and borrow the points from 2026 for the 2025 trip?

 

[drusba]

Yes, but banking needs to be done before making the reservation and borrowing is done at the time of making the reservation. Also, that is banking and borrowing related to the particular "use year" not calendar year -- e.g., if you have a June use year, you can bank the June 2024 points and borrow the June 2026 points only for reserving a trip that occurs between June 1, 2025 and May 31, 2026.

 

[Auslander1980]

Perfect. Thank you. That is the answer I was looking for.

 

[Sandisw]

What is your UY? That can make a difference. For example, if you want to go in June 2025 and have an Aug to Dec UY, then you can only use banked 2023, 2024, and borrowed 2025 points for that trip, since that trip would take place in all of those 2024 UYs.

 

[Auslander1980]

My UY is March. I have a full balance right now that I intend to bank into 2025 in a few weeks. We want to travel in July 2025 so I will be booking this August. I will need more than the 2 years points so I wanted to make sure that when i reserve this August for next July that I could borrow what I need from 2026.

 

[Boopuff]

My DD is a master at the bank/borrow situation. DVC has a kooky little video that shows points flying in and out of suitcases... don't know if it's still around but it was unique.

 

[Sandisw]

My UY is March. I have a full balance right now that I intend to bank into 2025 in a few weeks. We want to travel in July 2025 so I will be booking this August. I will need more than the 2 years points so I wanted to make sure that when i reserve this August for next July that I could borrow what I need from 2026.

Since the July 2025 trip is in your March 2025 UY, you can use banked 2024, 2025, and borrow 2026 points to finish it up!

 

[Auslander1980]

Since the July 2025 trip is in your March 2025 UY, you can use banked 2024, 2025, and borrow 2026 points to finish it up!

I think there was a time when you could only borrow 50%, is that still the case?

 

[MagicDVC]

I think there was a time when you could only borrow 50%, is that still the case?

Nope, that restriction went away when the excess Covid points were done. You can borrow your full allotment.

 

[DVCNOOOB]

Just to be safe I understand correctly. If someone has a UY in Dec, that means 2024 points can be used Dec 24 - Nov 25 and The 2024 points would have to be banked by July 31st 2025. Let me know if this is right.

 

[miTnosnhoJ]

Just to be safe I understand correctly. If someone has a UY in Dec, that means 2024 points can be used Dec 24 - Nov 25 and The 2024 points would have to be banked by July 31st 2025. Let me know if this is right.

That is correct. I have Dec UY, and my banking deadline is July 31. And it is weird that for most of 2024, I am using 2023 points. I only start using my 2024 points in December. But you get used to it.