Big question

kkmauch

Kindly do not attempt to cloud the issue with fact
Joined
Mar 24, 2004
Messages
1,243
So...my family made a reservation at SSR for a two bedroom unit in January. All the points are borrowed. Now it turns out that we cannot attend. What happens to these points? Do they go into a holding account and if so how long are they there and what can we do with them?
Please have good news for me...
 
yes they go into a holding account.

You must use them before the end of this use year.

you can only use them within 60 days of your arrival date.

when is your use year?

if you can't I would suggest renting the points.
 
Our use year is February and we have Jan 2-5th at SSR, a two bedroom.
 

okay - if you are certainly that this will never happen to you again.

you might be able to take your one time exemption.

I haven't done this.

I haven't heard about it in a long time.

but MS use to allow you (one time only) to take back your points.

I don't know if they this do or not.

but call tomorrow and see.

now if you think this might happen again to you with even more points - then I would go away and rent your points.

hopefully Doc or Dean or somebody with real experience will answer your post and tell you the proper terms to ask for this thing.
 
I'd rent them if possible.
 
My understanding is, if you borrow points and cancel, you can put them into a holding account but they must be used by the end of the current year you are in. So for your case, you must use them by Jan 06. Good luck
 
Since your use year is February, then your January reservation was made using 2005 UY points. (Feb 1, 2005 through Jan 31, 2006). You borrowed points from your 2006 Use Year which means they were put into your 2005 UY and cannot be returned to your 2006 UY.

It really doesn't make any difference at this point whether the points go into your holding account or not. You're past all banking deadlines, which means all points (2005 regular plus the 2006 borrowed) must be used before the end of January 2006. Since that's less than 60 days away it doesn't make any difference since the holding account has a 60 day limit, and you're already under that. Also, because of the 60-day rule, you can't book anything in the Disney Collection, Concierge collection, or Adventurer's collection.

If you haven't cancelled the reservation yet, your best bet might be to try to rent the existing reservation. If you do so, then all you have to do is change the name on the reservation.

If you cancel the reservation, it'll probably be very difficult to rent the points directly to someone since it would be difficult at this late date to get a reservation in Dec/Jan anyway.
 
Caskbill;

Is it possible to deposit them for a II exchange?
 
Yes you can deposit then into II without requesting a search. As long as DVC can get a reservation for a week in a villa before your use year runs out. There is a one time exception. You can explain your circumstances as to why you have to cancel the reservation. If it just because of schedules, that will not fly. If someone got sick or some major circumstance, you can ask for an exception. They keep record of these conversations and how many times you request these favors. Good luck.
 
Ex Vac guide, I'm glad to hear actual evidence of the "one time dispensation" from a real DVC conection! I always thought this was a myth.

To the OP...if you have not already canceled the reservation, I would try to rent it. If you can't go at the begining of Jan., chances are you can't take a trip by the end of Jan. either. It would be a pretty short time for an II trip or any other DVC use. At any rate, all uses expire at the end of January for these points.
 
If DVC can get a week reservation to deposit to II, the week (points) are good for two years for an II exchange. The caveat is they have to be able to book a week using your points before your use year expires. They deposit that "week" into Interval International. You cannot use it back at Disney. But you can use it (based on availability) in II. You do not have to decide where you want to go when you deposit your week, you can call back at another time and there is no fee until you request exchange (pick a location).
 
Thank you all for your assistance. I think I understand now.
I don't know exactly what we are going to do with the points. There is a chance we could try and get them back with the one time exception to the rule, or we may try and schedule a trip in January. I really don't know right now. We're still so up in the air. But, thank you all for the advice.
 
dianeschlicht said:
Ex Vac guide, I'm glad to hear actual evidence of the "one time dispensation" from a real DVC conection! I always thought this was a myth.
I've done it myself so it's definitely not a myth. The rule I was quoted was one per contract even if you had multiple contracts. I hope I don't have to find out if that holds but since I don't even own that contract anymore I bet I'd be OK.
 
EX VAC CLUB GUIDE said:
If DVC can get a week reservation to deposit to II, the week (points) are good for two years for an II exchange. The caveat is they have to be able to book a week using your points before your use year expires. They deposit that "week" into Interval International. You cannot use it back at Disney. But you can use it (based on availability) in II. You do not have to decide where you want to go when you deposit your week, you can call back at another time and there is no fee until you request exchange (pick a location).
True but in this case it'd need to be 14 days or more out and end before 1 Feb unless one used points other than the ones in question. And it'd be a late deposit meaning one could not do an ongoing search and the trade power would be very low. Interesting that DVC members can't use these deposits to trade back in to DVC, very unusual with II even for corporate accounts.
 
I never heard the 14 days or more out to deposit a week. It is my understanding that you can book a week (based on availability) up until the last day of your use year and deposit your week without a search. Really the exchange process does not work like other timeshares do. Disney trades off season weeks all the time for high weeks other places. They created the universal point chart because the process of what it is going to cost for an exchange was way too confusing in the sales process. But the system is the same. They can trade any week they want for your exchange from any resort. You can technically trade back into Disney, but still having my Disney hat on, the chances are slim that you would get it. The only thing that really determines your exchange is availability at the resort you selected. II will take anything from Disney they can get because so few members exchange. Their philosophy is to never trade magic, dream and of course, premier weeks, I know they have made a few exceptions, but they always try adventure, choice weeks first.
 
EX VAC CLUB GUIDE said:
I never heard the 14 days or more out to deposit a week. It is my understanding that you can book a week (based on availability) up until the last day of your use year and deposit your week without a search. Really the exchange process does not work like other timeshares do. Disney trades off season weeks all the time for high weeks other places. They created the universal point chart because the process of what it is going to cost for an exchange was way too confusing in the sales process. But the system is the same. They can trade any week they want for your exchange from any resort. You can technically trade back into Disney, but still having my Disney hat on, the chances are slim that you would get it. The only thing that really determines your exchange is availability at the resort you selected. II will take anything from Disney they can get because so few members exchange. Their philosophy is to never trade magic, dream and of course, premier weeks, I know they have made a few exceptions, but they always try adventure, choice weeks first.
I have a funny feeling that you and I are going to be going head to head, I hope I'm wrong. I've been told by both Craig Urbine (former VP at II) and two people in the DVC exchange department, that one could not trade back in to DVC through II with a DVC deposit. You can only trade to the resorts on the DVC-II list and interesting enough, the DVC resorts nor any other Orlando area resorts, are not on the DVC exchange list. If exceptions have been made, I haven't heard about it but that would be great.

As for 14 days out, it's an II rule. I'm currently looking at the "DISNEY VACATION CLUB MEMBER GETAWAYS DISCLOSURE GUIDE ABOUT THE INTERVAL INTERNATIONAL EXCHANGE PROGRAM" which DVC does every year, usually in June. It includes the rules, an audit of the program which they are required to do, and a listing of resorts grouped in terms of member numbers and number of units. On page 6, under the heading "Deposit First Exchange Method", number 2.
Flex Deposits (deposits of Vacation Time received by DVC Member Services from 59 days up until 14 days before the commencement date of the Vacation Time being deposited) also are accepted, but any exchange request using the Flex Deposit must be made through the Flexchange Exchange service.
Also looking at II's rules in my 2006-2007 II book says the same thing under Deposit first #5. I think many people forget that the exchange rules themselves really come under those of II other than the grid itself. The flexchange rules say you can't do an ongoing search and are limited only to exchanges 2 months out or less. II has occasionally made exceptions for items they knew would be available but it's been rare from my experience.

I'd also disagree somewhat with the idea that the current system is the same, just a set number of points. We've actually seen 3 different versions since II was in as the exchange company, remember RCI was the original exchange company. I believe this change occurred around June of 1995 when II came in. Early on, one could only deposit home resort regardless of whether you were in the 7 month window or not. It didn't take II very long to realize they would get nothing from the owners at the more expensive (more points) resorts. As an example, II usually only got 2 or 3 VB units per year during that time.

Then they changed it so you could deposit any resort but were limited to the booking windows. That meant that most adventure deposits were HH and the rest almost always OKW. But II did get more deposits. There's no question the old system was confusing for the novice and there were uncertainties contained. However, in many ways the old system was actually better. I've gone through why before, I wont' now unless you want. One of the big places where DVC exchanges fall behind other systems is that the Flexchange rules apply but DVC members under the fixed grid system must pay full price. Other points systems with II are able to get a much reduced points cost during the flexchange time, Bluegreen and Worldmark come to mind.

I hope you don't take this the wrong way but to be honest, I haven't seen that the DVC sales staff as a whole are very well versed in the in's and outs of the exchange system and that's a shame. DVC really should do a better job of training them in this area.
 
I had another reply typed, :cool1: But my daughter hit something, I do not want to go head to head, I am free now, plus Larissa is one of my good friends and is very proud that you are her member. She mentions you quite a bit -- you probably know more than anyone at DVC about exchanging. ::MinnieMo :cheer2: Believe me -- it is also a topic that sales would like Disney to use a little muscle to get more for our members, :love: It just takes so much time to get integrated into the WDW system and they whole timeshare thing is just now (last couple years) not looking so :flower: bad, but extremely profitable. :earsgirl:
 
EX VAC CLUB GUIDE said:
I had another reply typed, :cool1: But my daughter hit something, I do not want to go head to head, I am free now, plus Larissa is one of my good friends and is very proud that you are her member. She mentions you quite a bit -- you probably know more than anyone at DVC about exchanging. ::MinnieMo :cheer2: Believe me -- it is also a topic that sales would like Disney to use a little muscle to get more for our members, :love: It just takes so much time to get integrated into the WDW system and they whole timeshare thing is just now (last couple years) not looking so :flower: bad, but extremely profitable. :earsgirl:
Nor do I but it seemed we were heading that direction. You must have me confused with someone else. Linda S. is my guide though I've only spoken to here once and never about exchanging. Good to know there is someone else interested in the nuts and bolts of the exchange system besides me. Maybe some day the system will change to something that actually has value for someone who is otherwise a member of II, it certainly isn't at present.

The real opportunity is with the BVTC and DVC basically running an exchange company. They have the basis in place. And I saw recently where Hilton and Club Intrawest formed an alliance giving members of each system access to the other. I wonder how that, and the fact that CI has basically changed to RCI, will affect members options the next few years. I think a grouping of points systems like Hilton, CI, Hyatt, possibly Bluegreen and maybe Marriott (not really a points system though) might truly be workable and win/win for everyone. We shall see.
 



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