Banking and Borrowing with Two Contracts?

[bstarprincess37]

Hi, I just passed ROFR with a OKW contract but am also considering adding on a small contract direct once everything goes through. If I get another small contract at a different resort but same UY how does that work with banking and borrowing? Will I be allowed to bank and borrow 1x for each contract (2 times to borrow, 2 times to bank) or will I only be able to bank and borrow 1 time each use year because they are under the same member number?

 

[dvc_john]

Actually, there is no limit to the number of times you can bank or borrow as long as all other restrictions are met.

For example, you can't bank points again that have already been banked once, or holding points, or reservation points. And you can't bank current UY points in the last 4 months of the UY.
And you can only borrow when making a reservation.

But you could bank some of your current UY OKW points, and then later on bank some more if you choose to do so, as long as the 4 month rule is met.
And if out of current year points, you could borrow to make a reservation. And then later, borrow some more to make another reservation.
And you could bank your OKW points, and then later on decide that you want to make a current UY reservation. You could borrow to do that.

Just remember that once banked, points stay banked, and once borrowed, they stay borrowed. They can't revert back to their original UY.

 

[bstarprincess37]

Actually, there is no limit to the number of times you can bank or borrow as long as all other restrictions are met.

For example, you can't bank points again that have already been banked once, or holding points, or reservation points. And you can't bank current UY points in the last 4 months of the UY.
And you can only borrow when making a reservation.

But you could bank some of your current UY OKW points, and then later on bank some more if you choose to do so, as long as the 4 month rule is met.
And if out of current year points, you could borrow to make a reservation. And then later, borrow some more to make another reservation.
And you could bank your OKW points, and then later on decide that you want to make a current UY reservation. You could borrow to do that.

Just remember that once banked, points stay banked, and once borrowed, they stay borrowed. They can't revert back to their original UY.

Thanks so much for the clarification!