Borrow Points ?

[ChrisAlli]

If I borrow 2013 points from my Sept UY account for a trip in Aug 2012, if for some reason I have to cancel that trip, how long do I have those points.

I've never borrowed and I just want to make sure and I'm getting confused because I would be borrowing them into my 2012 UY correct

 

[disneynutz]

Banking or borrowing morphs the points into the UY that you move them to. If you borrow 2013 points into 2012, they expire at the end of your 2012 UY.

Bill

 

[erionm]

You are currently in your Sept 2012 UY. You mean borrow points for a reservation that actually takes place in Aug 2013 and borrow those from your Sept 2013 UY?

If yes, those points would expire on 8/31/2013 if you cancelled that reservation. They are returned to the UY the reservation was to take place in (Sept 2012) and can not be banked.

 

[ChrisAlli]

Yes sorry, Aug 2013...so they can't go into holding, what if I buy the trip insurance, would that help?

We've never had to cancel a trip before, so I have an August UY account as well. I'm assuming the best thing to do would to leave the 2013 Sept UY points alone and bank them and use my 2013 August UY points and borrow from my 2014 Aug UY points as I can not transfer my 2013 Sept UY points into my 2013 Aug UY account because the trip takes place before Sept 1st?

OMG, I'm trying not to confuse myself....

 

[erionm]

You would be better off using the Aug UY contract. If you borrow points, they will still expire at the end of the UY they are borrowed into if you cancel the reservation, but by using the Aug UY contract you would have more time to use those points.

The DVC Trip Insurance will only covers the annual dues on the points.

 

[ChrisAlli]

Thanks, I will loose 6 points this way,but that's better than the possible alternative.

One more ?, so when I bank my 2013 Sept UY points, they go into 2014 uy and will expire on Aug 31, 2015? But once banked can't be used until after Sept 1 2014.

Thanks for the help, talking it out helps what I've written and I hate to call member services without know EXACTLY what I need to do, not that I don't trust them or anything......

 

[disneynutz]

The points need to be in your account for use during the dates of your stay. Banked or borrowed points are morphed into the UY that you moved them to. The new UY dates apply.

Bill

 

[chalee94]

One more ?, so when I bank my 2013 Sept UY points, they go into 2014 uy and will expire on Aug 31, 2015? But once banked can't be used until after Sept 1 2014.

When you bank your 2013 Sept UY pts, they move to your 2014 UY. That means they are valid for stays from Sept 1, 2014 to Aug 31, 2015. You can call to book your home resort 11 months out, so you can call as early as Oct 1, 2013 to book Sept 1, 2014 with those banked pts.

But once you bank or borrow pts, they can never be put back or banked forward…they will expire at the end of their new UY (these need to be used for a stay by Aug 31, 2015 in this case).