Banking Points Question

[bluedoggy]

We just "Closed" on our OKW contract this week YEA TSS was superb in how it handled the transaction... but here is my question. We have a March use year, with all points for 2005 still available. We want to plan a trip for fall, and will have points left to bank for next year. What is the deadline for banking the points. I know it is 6 months but is that from the 1st of March or March 31st? I know all the DVC veterans will be on top of this

 

[RobDoc]

With a March Use Year, you have until August 31 to bank up to 100% of your points. You will have until November 30 to bank up to 50% of your points and until December 31 to bank up to 25%R of your points. No points may be banked during the last 2 months of your Use Year.

The percentages are cumulative, so if you have a 150 point contract and bank 75 points by 8/31, you won't be able to bank more points later since you will already be at 50% of your total.

Enjoy!