Banking and resale help please!!!

[elgerber]

Quick question for you guys. I am looking at a resale that has a Feb use year, 190 point contract. There are 112 remaining from 2002, and I know it is past the 100% banking deadline. Do you think Disney would ever make an exception and allow someone to bank them all at this late date if they bought the contract on a re-sale?

What would still be able to be banked at this point??

Thanks!!

Erika

 

[drusba]

Would they do it because you purchased through resale? Most likely not, and for that reason.

However, members here have reported MS allowing them a once in a lifetime banking exception in which you can bank points even though you have blown the applicable dates. Generally, it has been allowed because the dates were accidentally blown or because something unforseen happened to cause a cancellation of a trip beyond a banking date. That one time exception is apparently for the life of the particular contract and thus your seller needs not to have exercised it. Ultimately, whether MS will allow you to exercise that exception is something you will not know until you try.

 

[RobDoc]

You can also ask the seller to bank the points for you. They may be able to exercise their "one-time" exception and bank all of the points for you. Some might even make it a condition of sale- otherwise the contract may not be as valuable to a buyer.

Good Luck!

 

[ronw]

At the very least, have the seller bank by the end of this month - that would at least save 95 of the points.

 

[crisi]

To expand on what ronw said. If you have the seller call and bank points he can bank 50% of the total if he does it by the end of October. On 190 points that would be 95 points. The remaining 17 points you could then take to the rent/trade board and find someone to rent if you can't make use of them by Feb. Or call those 17 points a wash.

 

[Cruelladeville]

Now I don't want to say that I'm 100% right, but MS told me that the banking window is for 90% of your TOTAL points, not 90% of what is left. In other words, 190-19=171 points could be banked at this time. That's what was done on my banking of points, but I could have gotten someone new, so that I was just lucky to have my points banked that way. I don't plan to try that again to find out, either!!

 

[Dean]

Originally posted by Cruelladeville
Now I don't want to say that I'm 100% right, but MS told me that the banking window is for 90% of your TOTAL points, not 90% of what is left. In other words, 190-19=171 points could be banked at this time. That's what was done on my banking of points, but I could have gotten someone new, so that I was just lucky to have my points banked that way. I don't plan to try that again to find out, either!!

There's no 90% in the formula. It's 100% up until 6 months plus one day, 50% at more than 4 months and 25% at more than 2 months. I can attest to the one time double secret banking exception as I was able to take points that had been borrowed and were in the holding account and bank them to next year while removing them from the holding account.