Banking Points with a wait list pending

[mimmiepnp]

I called MS yesterday to among some other things bank myn2008npoints since my banking deadline is July 31. The CM told me not to bank yet since I have a wait list which would require an additiional 15 points ( I have 107 to bank).
I am a little confused as to what happens after my banking period since the wait list is for Novemebr and there is always the possibilty of a wat list coming thru after my July banking deadline? Wouldn't they borrow the points out of my 2009 points (as oppose to the current 2008 points) and if that is so what is the difference if I bank now or in a month as in the end the points would even themselvs out?

Thanks

Mimmiepnp

 

[CarolMN]

I called MS yesterday to among some other things bank myn2008npoints since my banking deadline is July 31. The CM told me not to bank yet since I have a wait list which would require an additiional 15 points ( I have 107 to bank).
I am a little confused as to what happens after my banking period since the wait list is for Novemebr and there is always the possibilty of a wat list coming thru after my July banking deadline? Wouldn't they borrow the points out of my 2009 points (as oppose to the current 2008 points) and if that is so what is the difference if I bank now or in a month as in the end the points would even themselvs out?

Thanks

Mimmiepnp

Assuming you would still like the waitlist, call MS back and ask to have a note added to your waitlist that it is OK to borrow points if it comes through.

MS will not borrow points unless specifically authorized to do so (or at least they shouldn't).

I agree that assuming your waitlist comes through, the points "even themselves out". Of course the points you bank must be used by the end of the use year into which they were banked.

I would do exactly as you have done - bank the points (I might have waited until closer to the July 31 deadline, though). IF the waitlist does not come through, then you won't lose the points if you can't use them before the end of your current use year.

Perhaps the CM just meant that you shouldn't bank until right before your deadline. That way, you wouldn't be borrowing if the waitlist came through before July 31, and so would not have any banked points to use up next year.

But again, if the waitlist hadn't come through by July 31, I'd bank and add the note that it is OK to borrow. Just gives you the best change of not losing points.

HTH.