Banking Question

[Tdisney]

If you borrowed some points from the upcoming year and decided you cant use them can you put them back or can sorta keep them but bank some from your currentr use year or is it jsut one bank or borrow per year ?

 

[chalee94]

banking and borrowing are final transactions.

if you borrow or bank pts, you can't put them back into their original use year and they will expire at the end of the use year they were banked or borrowed into.

OTOH, you can bank or borrow more than once per year...so you can still bank current pts into the next use year, even if you have already borrowed some pts that will need to be used by the end of the current use year.

 

[JimMIA]

Many owners use banking/borrowing as a means of avoiding lost points. When we approach the banking deadline, we bank all bankable points and then if we decide to take another trip, we borrow.

The only downside of that strategy is that you need to feel pretty confident about the dates you borrow for. If you borrow and then have to change plans, you could be in danger of losing points, but within the last 4 months of our UY, we know whether we'll really be able to keep plans or not. (It helps that our UY is October and that 4-month period falls mostly during school summer vacation time.)