Banking Question

[DVCinderella]

I have a question regarding banking deadlines...here's the scenario:

You have 300pts remaining for 2003 with an October use year. You're not sure if you are going to use any of these points before October 2004. The 100% banking deadline is 3/31/04. You don't want to bank all 300pts, in case you want to book something between 4/1/04 and 9/30/04.

Can you bank 150pts on or before 3/31/04, leaving yourself with 150pts remaining? If you don't use those remaining 150pts, can you still bank them by 6/30/04 (the 50% deadline)? Then you would have banked all 300 pts into 2004.

I wasn't sure if the 50% deadline meant 50% of 300pts, or 50% of what was remaining...in other words, 75pts (50% of 150pts).

 

[Granny]

I'm afraid the banking deadline percentages refer to your annual allotment total, not to any remainders.

So in your example, if you bank 50% by 3/31/04, then you cannot bank any more points after that date. So actually, if your plan is to bank only half your annual allotment, you have until the end of June to do so.

Yep...I asked the same question when I was exploring DVC.