Banking Deadlines Question...

[sconnell]

For example, if you have a Feb UY, when are the pertinent deadlines for banking, etc? Just exploring...

 

[Granny]

With a Feb UY, you can bank...

100% of your points until July 31
50% of your points until October 31
25% of your points until November 30
0% of your points Dec 1 - Jan 31

 

[sconnell]

Wow, Granny, that was fast! I knew it would be faster to ask than to keep looking! lol.

ETA: so that's like, 6 months - 100% 3 months - 50% 2 months - 25%? Is this about right?

 

[LisaS]

Wow, Granny, that was fast! I knew it would be faster to ask than to keep looking! lol.

ETA: so that's like, 6 months - 100% 3 months - 50% 2 months - 25%? Is this about right?

It's 6, 3 and 1. You cannot bank any points during the last 2 months of your UY.

 

[Luv4Disney]

It's 6, 3 and 1. You cannot bank any points during the last 2 months of your UY.

So say you use some points for your trip, 100% would be whatever's left for that use year? TIA!

 

[Granny]

So say you use some points for your trip, 100% would be whatever's left for that use year? TIA!

The percentages quoted are regarding the annual allotment of points.

If you have 200 points, you can bank all of them in the first six months. You can bank 50% in the 6-9 month window.

The bankings are based on cumulative totals. You can't bank 40% of your points within 6 months, and then an additional 50% at 8 months, since the total would exceed 50% of your points.

Using that example, if you book a trip that uses 160 of the 200 points, you would have up to 10 months into your use year to bank the remaining 40 (20%) of your points.

 

[LisaS]

So say you use some points for your trip, 100% would be whatever's left for that use year? TIA!

I'm not sure I understand your question. Here's how it works: you can bank up to 100% of the points in your contract (master contract plus any add-ons to that master) during the first 6 months of your UY. During months 7, 8 and 9, you can bank up to 50% of the points in your contracts, including any points already banked. During the 10th month of your UY, you can bank up to 25% of the points in your contracts, including any points already banked.

Example: Let's say you have a 150-point master contract and a 50-point add-on contract to that master contract, for a total of 200 points. During the first 6 months you could bank all 200 points. Let's say you plan to use 175 points that UY, so you bank 25 points. In months 7-9 your plans change and you want to bank more points. You could bank up to another 75 points for a total of 100 banked points (50% of the 200 you own). Let's say you bank another 20 during that time, for a total of 45 points banked. In the 10th month of your UY you could bank up to 5 more points for a total of 50 points, or 25% of the points you own in that master and add-on contracts.

 

[Luv4Disney]

Okay, we have 400 points for 2007. We're using 158. How would we bank the rest without losing any, since it's not one of the exact percentages? Know what I"m trying to say? LoL. TIA!

 

[Mtnman44]

Those percentages are the max limits. You can bank any percentage up to those amounts.

 

[LisaS]

Okay, we have 400 points for 2007. We're using 158. How would we bank the rest without losing any, since it's not one of the exact percentages? Know what I"m trying to say? LoL. TIA!

That percentage is the maximum that you can bank, you don't have to bank that exact percentage. So in your 100% banking window, you can bank up to 400 points, you are not required to bank all 400 points. You could bank 1 point or 227 points or 391 points for example.

 

[Luv4Disney]

Ahhh! Thanks so much you two! That's why I was confused because my contact always said percentages and never said "up to" that percentage amount. You really clarified things, thank you soo much again!