Banking

[LisaAP]

I know that if you want to bank your total points for a year, it needs to be done in the first 6 months of the use year and that you can not bank in the last 2 months. I'm looking to find out the percentage that can be banked between months 6 and 10. Thanks.

What about borrowing? Are there similar restrictions?

 

[Mr. Disney 652]

We have an August UY
We can bank 100% till January 31
50% till April 30
25% till May 31
and 0% from June 1 - July 31

Hope that helps a bit

 

[DVC Grandpa]

We have an August UY
We can bank 100% till January 31
50% till April 30
25% till May 31
and 0% from June 1 - July 31

Hope that helps a bit

If I have 400 points and a August use year, and I bank 200 points (50%) prior to April 30 and another 100 points (25%) prior to May 31?
I know I am OK banking the first 200 points but the 100 points prior to May 31, which is 25% of the total, is the uncertain portion.

 

[RobDoc]

If I have 400 points and a August use year, and I bank 200 points (50%) prior to April 30 and another 100 points (25%) prior to May 31?
I know I am OK banking the first 200 points but the 100 points prior to May 31, which is 25% of the total, is the uncertain portion.

The percentages are cumulative based on the total number in the account. If you have banked 200 points by April 30, you will not be able to bank any more points during that Use Year since you will already be at 50%. Those deadlines represent the maximum total points allowed to be banked for the year by that deadline. If you own 400 points - all may be benked up to January 31. After that date, your total banked points may not exceed 200 including any already banked. After April 30, your total (again including any already banked) may not exceed 100 points. No points may be banked in June or July.

Banking percentages are an easily confused component of DVC point management.

Good luck!

 

[Caskbill]

I know that if you want to bank your total points for a year, it needs to be done in the first 6 months of the use year and that you can not bank in the last 2 months. I'm looking to find out the percentage that can be banked between months 6 and 10. Thanks.

What about borrowing? Are there similar restrictions?

100% during the 1st 6 months of your use year.
50% during the 7th, 8th, 9th month of your use year.
25% during the 10th month of your use year.
Nothing during the 11th or 12th month of your use year.

All amounts are cumulative, as Doc explained.

Borrowing is only done at the time you make an actual reservation, and you may only borrow the number of points required to complete that reservation. You don't actually borrow points ahead and deposit them into your account. They are borrowed and used immediately.

If you later cancel a reservation which used borrowed points, the points are returned to your use year (the one they were borrowed into) and maintain a status of 'borrowed' which means they cannot be banked.

Restrictions on borrowing: You may not borrow banked points.

Technically you can borrow points two years away. Example, you have a June UY so you're currently into your 2006 year. Next month (July) you want to make an 11-month reservation for June 2007 (which is in your 2007 use year). You may borrow points from your 2008 UY for that reservation. Effectively, July 2006 you're calling and using 2008 points to make a reservation in UY 2007.