Banking/Borrowing Question

[forever11709]

I have read and read and read and still can't wrap my mind around this.

We have 150 points at Poly with a March UY. We just banked the rest of our points from this year(2016 UY right?) which puts us at 288 points for 2017. We are wanting to book at AKL-Kidani for April 2017(wanting to book tonight or tomorrow) and the way I have it right now it will be between 394-417 points depending on how we decide to split our party and rooms.

My understanding is that if I borrow against 2018 that I will have until Feb 28, 2018 to use those points, correct? I'm extremely afraid of borrowing points and loosing out on them so I want to make sure that I am understanding everything correct before I do this since we would be borrowing almost a full year worth of points.

TIA

ETA -- If say we wanted to do a 2018 trip in March we could still borrow against 2019 and use the rest of the 2018 points correct? My guess is something like this becomes a vicious cycle where you're constantly using the next year.

 

[KAT4DISNEY]

Your understanding is all correct.

Even your understanding of the vicious cycle!

One thing I'll mention, Although I'm in favor of borrowing until there's no more to borrow and then using other options, but since your doing a 7 month booking you would be eligible to get up to 24 one time use points at $15/pt. They will have that same expiration date if you had to cancel but it would keep 24 more of your 2018 points in your account.

A couple of things on that - of course cash rooms are still available which can give your DVC a chance to catch up to your travel. Or you can get a large transfer from another owner or rent a reservation from another owner to catch up, etc.

 

[forever11709]

Your understanding is all correct.

Even your understanding of the vicious cycle!

One thing I'll mention, Although I'm in favor of borrowing until there's no more to borrow and then using other options, but since your doing a 7 month booking you would be eligible to get up to 24 one time use points at $15/pt. They will have that same expiration date if you had to cancel but it would keep 24 more of your 2018 points in your account.

A couple of things on that - of course cash rooms are still available which can give your DVC a chance to catch up to your travel. Or you can get a large transfer from another owner or rent a reservation from another owner to catch up, etc.

Thank you!!!!! I have booked 3 savannah studios for april in hopes that NOTHING makes us cancel this trip(we were suppose to be going down next week but circumstances made us cancel)