Booking/Banking question

[DanenRox]

Now tell me again...If my check out date is Feb 1, I can book at my home resort March 1 and a "not home" resort July 1, is that right? Here's the glitch...Because I have a September use year, I can bank 25% of my points UNTIL June 30th (If I've figured this right). After that, I lose them. So if I have to wait until July 1 to confirm ressies at a "not home" resort, I risk losing the ability to bank points. Right? So I'm thinking I might be wiser to bank my points early and then borrow what I need in July. This gets confusing.

 

[Deb & Bill]

Now tell me again...If my check out date is Feb 1, I can book at my home resort March 1 and a "not home" resort July 1, is that right? Here's the glitch...Because I have a September use year, I can bank 25% of my points UNTIL June 30th (If I've figured this right). After that, I lose them. So if I have to wait until July 1 to confirm ressies at a "not home" resort, I risk losing the ability to bank points. Right? So I'm thinking I might be wiser to bank my points early and then borrow what I need in July. This gets confusing.

If you plan to use Sep 06 points in Feb 08, you'll want to bank them anyway. You'll be using Sep 07 points for a Feb 08 reservation (unless you bank those 06 points).

You can bank them online, too, if you want. Very easy to do that.

Then, if you decide you want to make a reservation for before Sept 07 and need points, just borrow from your 07 points.

We just banked our remaining Sep 06 points since we plan to use them in Nov 07. They would expire on Aug 31, 07 if we didn't bank them. (We borrowed Sep 07 points for our Nov 06 and Jun 07 stays - needed them for the 11 month advantage. We never have 500 points left to work with ever.)

 

[DanenRox]

OK, I'm still confused. In the above scenerio, I'm using 2007 points. So I have until June 30, 2007 to bank 25% of my points, right? And because I can't be assurred of my "not home resort" ressies until July 1, I should bank points prior to June 30 and borrow what I need from 2008? Right? I'm sorry this isn't sinking in easily, I appreciate your efforts.

 

[Deb & Bill]

OK, I'm still confused. In the above scenerio, I'm using 2007 points. So I have until June 30, 2007 to bank 25% of my points, right? And because I can't be assurred of my "not home resort" ressies until July 1, I should bank points prior to June 30 and borrow what I need from 2008? Right? I'm sorry this isn't sinking in easily, I appreciate your efforts.

If you have a Sep Use Year, you currently have Sep 06 points. You won't get your Sep 07 points until Sep 1, 2007. For a Feb 08 reservation, you can use banked Sep 06 points, current Sep 07 points AND borrowed Sep 08 points.

To make it easy:

On Sept 1, 2006 you got Sep 06 points. You need to bank these points by Feb 28, 2007 if you want to bank 100% of them. They expire on Aug 31, 2007 if you don't use them or bank them. If you don't plan on using them until after Sep 1, 2007, bank 'em all now.

But (after banking them), should you decide to take a vacation to WDW and want to use points BEFORE Sep 1, 2007, you could borrow Sep 07 points to do so.

It's not WHEN you make the reservation, but WHEN the reservation starts that determines which points are used.

 

[DanenRox]

So as I make ressies for Sept '07 and Jan '08, I am in fact using some leftover '06 points (previously banked) and my '07 points. And I have until June of '08 to use or bank any remaining '07 points. Right?

 

[Deb & Bill]

So as I make ressies for Sept '07 and Jan '08, I am in fact using some leftover '06 points (previously banked) and my '07 points. And I have until June of '08 to use or bank any remaining '07 points. Right?

Right.

 

[DanenRox]

YAY! And thank you.