Banking Windows for 2007 UY points: Explanation and Chart

[Caskbill]

As everyone probably knows, DVC has changed the banking windows and percentages, beginning 1/1/08. These changes cover all Use Year months.

The current system allows 100% banking for the 1st 6-months of a use year, up to 50% banking for the next 3-months, up to 25% banking for the 10th month, and no banking allowed during the 11th or 12th month.

Beginning in Calendar Year 2008, banking will be 100% during the 1st 8-months, and no banking allowed during the last 4-months. Note that this change does not just begin with your 2008 Use Year Points, but actually applies to your 2007 Use Year points as the banking windows change on January 1st.

Because of the way this rolls over between calendar year 2007 and calendar year 2008, I made a chart which shows the banking windows for someone's 2007 use year points, for each of the 8-Use Year months.

I find it interesting that a June Use Year month actually retrogrades.

For ALL use year months, your 2008 UY points will have the new 8-month 100% banking window.

Hope this helps.

If your monitor resolution is not high enough, you may need to scroll the window left and right to see the full chart. The 'red' entries all say 0%. They look a little blury because of the way colors are handled when I resized the graphic. (It originally was much larger)

 

[kathrna]

Wow, Thanks, Caskbill! You must have been reading my mind as I was trying to find a thread that would spell the banking rules out to me in the plainest way possible. Muchas gracias!

 

[BWV Dreamin]

Thanks so much for this great visual chart! This was never explained to this extent. I don't think people realize that the rules will actually affect 2007 points.

 

[CinderellaPug]

I find it interesting that a June Use Year month actually retrogrades.

This part is confusing.

 

[roadtripper]

Thanks Caskbill--
As someone with a June UY for some of my points, I am still a bit confused. If I bank my 07 points in Dec 07, I can only bank 50%, but if I wait til Jan 08, I can bank them all? I hope MS will explain that to the non-Disers who don't have your chart handy! People who bank online will not have this info either.

Doesn't really apply to me, since I'm always in borrow mode, but still....

 

[Kurby]

This part is confusing.

It just means that if you have a June UY you can only bank 50% of your points in December but if you wait until Jan you will be able to bank all 100% if you need to.

I guess one month would have been strange if they made a blanket date to change the system.

Thanks Caskbill - I was trying to explain it to my husband as i had just clarified how the old system worked when we got the notice of the change

 

[Tiger926]

Thanks Caskbill--
As someone with a June UY for some of my points, I am still a bit confused. If I bank my 07 points in Dec 07, I can only bank 50%, but if I wait til Jan 08, I can bank them all? I hope MS will explain that to the non-Disers who don't have your chart handy! People who bank online will not have this info either.

Doesn't really apply to me, since I'm always in borrow mode, but still....

I don't get it either. I asked a wonderful CM at MS the other day, and she couldn't explain when I could bank my June's use year points either.

Very confusing, Tiger

 

[DVC Grammy]

Thanks so much, Caskbill.
I've been trying to figure out what to do for our October UY contracts, and you did it for us!
One ?: am I correct in that the banking window for October UY is through all of May, and not by May?

 

[Caskbill]

Thanks so much, Caskbill.
I've been trying to figure out what to do for our October UY contracts, and you did it for us!
One ?: am I correct in that the banking window for October UY is through all of May, and not by May?

Correct. Those with an October UY have Oct 1st through May 31st to bank points, (8-months), and may not bank any points during the last 4-months of their use year (Jun, Jul, Aug, Sep).

 

[Gizmo1951]

Thanks
The chart makes it so much easier to figure out

 

[ACDSNY]

Thanks for the chart.

If only I knew then what I do now about UY we should of picked a different resale contract when we first purchased in 2005. We have a Feb UY and travel mostly in the Fall (Oct/Nov). We could be up a creek without a paddle if we ever have to cancel last minute a fall vacation now that our banking deadline will be 9/30. Oh well, I'm sure we'd figure something out.

 

[jpeka65844]

Thank Caskbill! You must work so hard at this stuff! I also appreciate your thorough post on my thread about the new job dilemma.....

We're at the 50% mark now. We have 45 left in March 07 UY and if we cancel, we'll lose half. Will we lose 22 or 23 points?

 

[drusba]

As to the June use year, I reported earlier that I emailed MS and asked for clarification on the new rule, particualry its applicability to 2007 use years, and actually asked specifically what happens to the June use year. They responded by saying that on 1/1/08 all 2007 use years will immediately be governed by the new rule. As to June use year, you will be able to bank up to 100% of your points in January 08 because that is your eighth month under the new rule. Thus, under old rule you could bank up to 100% by November 30, 2007, but only up to 50% by December 31, 2007, but on Januray 1, 2008, you will suddenly be able to bank up to 100% again during the month of January because of the new rule. So if you want to bank 100% and blow the November 30 deadline date under the olde rule, you will be saved in January by the new rule.

 

[Caskbill]

Thank Caskbill! You must work so hard at this stuff! I also appreciate your thorough post on my thread about the new job dilemma.....

We're at the 50% mark now. We have 45 left in March 07 UY and if we cancel, we'll lose half. Will we lose 22 or 23 points?

You are aware aren' you that the 50% mark doesn't mean 50% of the points you have left. It means 50% of your total contract size, including all add-on contracts under the same membership number.

What is the size of your contract(s)? If it's at least 90 points, and you haven't already banked anything from 2007UY, then you can still bank all 45 points. (Since 45 is 50% of 90 points (or less than 50% if you have more than a 90 point contract)).

Bottom line, the quantity of the 45 points you have left which can be banked during your 50% window could be zero, could be all 45, or could be something in between. It all depends on how many points you actually own, and whether you've already banked any of your 2007 points.

 

[jpeka65844]

Oh....didn't understand that. Why is this so hard? We have 210 points total with no other 2007 points banked.

 

[robinb]

You are aware aren' you that the 50% mark doesn't mean 50% of the points you have left. It means 50% of your total contract size, including all add-on contracts under the same membership number.

Hmmm ... now I'm confused. Does that apply to contracts with add-ons at different resorts? For instance, if someone had an April UY with 200 BWV points and 100 SSR points they could bank 150 points in any combination by the end of 2007? My UY is in August, so the 50% thing doesn't effect me but I'm just curious on how it works.

 

[wildernessDad]

Great job Caskbill! April UY here. All remaining 2007 UY points have been banked by the end of September. I'm as snug as a bug in a rug!

 

[CarolAnnC]

Thanks for setting this chart up for us Bill. It is a great help!

 

[LisaS]

Hmmm ... now I'm confused. Does that apply to contracts with add-ons at different resorts? For instance, if someone had an April UY with 200 BWV points and 100 SSR points they could bank 150 points in any combination by the end of 2007? My UY is in August, so the 50% thing doesn't effect me but I'm just curious on how it works.

Yes! The points in a master and all of its "add on" contracts are considered pooled when calculating banking percentages. In your example if the owner had not banked any points earlier in their UY, they could bank up to 150 BWV pts during the 50% banking window, or all 100 SSR points and 50 BWV points, or any other combination totalling up to 150 points. If they had already banked 50 BWV points earlier in their UY, they could still bank up to 100 points during the 50% banking window so all of their SSR points could be banked or 100 BWV points or some combination of SSR points and BWV points totalling 100 points.

Of course none of that matters any more after Jan 1, 2008 since there will no longer be a 50% banking window or a 25% banking window under the new banking rules.

 

[Caskbill]

Oh....didn't understand that. Why is this so hard? We have 210 points total with no other 2007 points banked.

Since you haven't banked any of your 2007 points already, and your total is 210 points, then during your 50% window you can bank up to 105 points.

Since you only have 45 points remaining, you can still bank all of them.

You didn't say what your use year month is, but if you're still going to have a 25% window yet this calendar year, then you could still bank all 45 points during the 25% window because for a 210 point contract, the 25% window allows banking up to 52 points. (25% of 210)

Hope this helps.