banking points - then using them?

[DizMagic]

as soon as my closing comes through (hopefully in the next week or so) i will finally be an official dvc member - yay! i do have a question though. we will start with 200 points that need to be used by Feb 2012. we are planning a visit in October, so that will take care of some points - but not all. if we bank the remaining points, and then decide later to go in January, can we then use those banked points? how does that work?

 

[Chuck S]

No, points can not be unbanked. But you could borrow the needed pooint from your 2012 use year. Just be sure you will be there in January before making the reservation, because the borrowed points could not be banked, even if you cancel within your banking window.

 

[Hopefully]

Yes you can use the banked points in January.
When you make the reservation just ask the CM at Member Services to use the banked points first.
They should automatically do that, but I always ask to be sure
Welcome Home!

 

[KAT4DISNEY]

Yes you can use the banked points in January.
When you make the reservation just ask the CM at Member Services to use the banked points first.
They should automatically do that, but I always ask to be sure
Welcome Home!

I believe that the OP was asking about banking points and then using them in the current UY if they decide to take a trip. That is not possible but as Chuck mentioned borrowing points would be.

 

[DizMagic]

could i borrow my banked points? this is all so confusing. sounds like i should just do to Disney in January. poor me.

 

[KAT4DISNEY]

could i borrow my banked points? this is all so confusing. sounds like i should just do to Disney in January. poor me.

No. Banking is a final transaction and places those points into the next UY. So your 2011 points would then be valid only for stays from Feb 1, 2012 to Jan 31, 2013. In order to stay in January after you have banked any remaining 2011 points you would borrow 2012 points into your 2011 UY.

Each UY's points can be used during 3 different time periods. First - during their current period. Second - you can bank and use them during your next UY. Or third - you can borrow them and use them in the prior UY. Anytime you either bank or borrow that is a final transaction and the UY that you move your points to is where they will stay.

 

[Sandisw]

Once points are banked, they sor of take on the characteristics of the next UY. So, if you banked 2011 UY points, they would now function for trips like 2012 UY points and be valid from Feb 1st, 2012 to January 31st, 2013.

If you decide to travel during your 2011 UY after banking the 2011 points, as mentioned, your only option would be to borrow 2012 UY points back in to your 2011 UY and use those.

Of course, the drawback to doing this is that borrowing is also a final transaction. If you borrow 2012 UY points into your 2011 UY, they will now expire January 31st, 2012.

If that Jan trip is cancelled, then you would lose those points. Traveling in the last month of your UY can be dangerous if you have to cancel.