Banking and Borrowing ????

[jel0511]

Hi -

Here's my question, I'm sure I'll confuse everyone since I'm so confused, but here goes.....

My use year is Feb, so let say I want to make reservations for the following Easter break. I receive my 175 points on Feb 1st and can make reservations for that break sometime in May. I know I need to borrow points for that week, but here's my question. Do I need to bank my current 175 points to use for that reservation the following year, or just borrow against the next year points. Basically my question is, do you have to use your points, take the vacation before they expire, or is booking it all you have to do by the expiration date.

Thanks!!!!

 

[TnRobin]

You must use or bank your points before the end of your use year of they will expire. (Subject to Banking deadlines)

This is how I understand your senario. You have 175 points today, you will get 175 more points on Feb 1, 2002. You want a reservation in March of 2002. You want to use all the points you have now in this reservation. You will need to bank all 175 points in to your 2002 use year. You will be able to make a home resort reservation in April 2001 or a non-home resort reservation in August 2001.

Hope this helps

 

[jel0511]

Thanks for the quick response and now I understand things better!!!!!