Banking Points/50% borrowing question

[DeeBee3]

Tried searching for this but i don't know the best wording -
If I bank my current points and then go to book for 2022, does the 50% borrowing restriction still mean I can only use each UY's points? Or is it 50% of your combined existing points?

Hope I am explaining properly.

My contract is for 150 pts so if I bank 100, do I get to use 50% of 250 or only 75?

 

[Marionnette]

Tried searching for this but i don't know the best wording -
If I bank my current points and then go to book for 2022, does the 50% borrowing restriction still mean I can only use each UY's points? Or is it 50% of your combined existing points?

Hope I am explaining properly.

My contract is for 150 pts so if I bank 100, do I get to use 50% of 250 or only 75?

Based on your 150-point contract and banking 100 points, you would have a maximum of 325 points to use for reservations during that UY:

• 100 banked in
• 150 current allotment
• 75 maximum allowable borrowing from the next UY

 

[Sandisw]

Borrowing is based on contract size. So if you own 150 points, you are restricted to 75, whether or not you also have banked points.

 

[DeeBee3]

Thank you - I think I was confusing UY and when you get to use points. Could you confirm my thinking is straight on this - my UY is August. So, if my reservation is for December 2022, I can use those 150 plus borrow from 2023 if needed???

 

[Sandisw]

Thank you - I think I was confusing UY and when you get to use points. Could you confirm my thinking is straight on this - my UY is August. So, if my reservation is for December 2022, I can use those 150 plus borrow from 2023 if needed???

That is correct. Since your Dec 2022 trip is in your Aug 2022 UY, you can book it using banked 2021 points, 2022 points, and borrow up to 50% of 2023 to finish the reservation!

 

[Okw2020Soto]

Any clue to when the only 50% borrowing will end and when exactly did it start ???
only have been a member since January 2021

 

[Marionnette]

Any clue to when the only 50% borrowing will end and when exactly did it start ???
only have been a member since January 2021

They will not give a date right now. There is still a glut of points that are a result of the shutdown, a reluctance to travel and travel restrictions for international owners.

 

[Okw2020Soto]

Ok thanks planning a few trips for next year and was hoping for extra points to play with

 

[Sandisw]

Ok thanks planning a few trips for next year and was hoping for extra points to play with

It started in April 2020 during the closure. As already mentioned, it won’t be lifted until all the extra points in the system begin to be used up.

At one point I thought winter of 2022, but as I said earlier,I am now thinking 2023.

 

[Solo2987]

Just for the record, surfing this board and seeing this post saved me. I am 5 weeks out of trying to make a big reservation, and I thought the 50% limit had been removed. Now I have time to try and find a transfer to make up the difference. So, short version, thanks very much to everyone here.