Borrowing Banked points

[Ginger03]

After reading the rules on the DVC site and threads on this board, I am still confused. I have banked Dec 2019 Points, and then will have the new Dec2020 points. If I have 60 banked and 60 new points, how many can Dec2020 points can I borrow? Half of the new, which would be 30 points, or half of the points I get on Dec 1st, which would be 60 points.

 

[Deb & Bill]

After reading the rules on the DVC site and threads on this board, I am still confused. I have banked Dec 2019 Points, and then will have the new Dec2020 points. If I have 60 banked and 60 new points, how many can Dec2020 points can I borrow? Half of the new, which would be 30 points, or half of the points I get on Dec 1st, which would be 60 points.

You cannot borrow any points that you have already banked. If you are looking for a trip before Dec 1, 2020, you would be limited to 50% of your Dec 2020 points (not including any banked points since they are now stuck in Dec 2020 UY. You'd be able to borrow 30 points for a trip before Dec 1. 2020.

 

[GrtDisGuy]

I have same use year (Dec) and booked a trip in May 2021. I was able to use some 2019 points and just about all of my use year 2020 points. I was thinking I could only borrow 50% From 2020 when I was booking, but member services said since the trip was in the 2020 Dec use year, I was not limited to 50%.

 

[CarolMN]

I have same use year (Dec) and booked a trip in May 2021. I was able to use some 2019 points and just about all of my use year 2020 points. I was thinking I could only borrow 50% From 2020 when I was booking, but member services said since the trip was in the 2020 Dec use year, I was not limited to 50%.

A May 2021 vacation falls within your 2020 use year (12/1/2020 - 11/30/2021). To pay for that trip, you used points banked from 2019 and current use year points from 2020. You did not need to borrow any points from 2021.

 

[Sandisw]

Brings to light that it’s the UY of the trip and not when you call.

Always figure that out first!

 

[CarolMN]

Check out this thread for more on use year:

Understanding Use Year

 

[GrtDisGuy]

A May 2021 vacation falls within your 2020 use year (12/1/2020 - 11/30/2021). To pay for that trip, you used points banked from 2019 and current use year points from 2020. You did not need to borrow any points from 2021.

So before 12/1 (since I have a Dec use year), could I borrow 50% of 2021 for a May 21 stay, or do I need to wait until Dec 1, 2020 to borrow from 2021? In other words, can you only borrow from one year at a time regardless of when the stay is?

 

[Sandisw]

So before 12/1 (since I have a Dec use year), could I borrow 50% of 2021 for a May 21 stay, or do I need to wait until Dec 1, 2020 to borrow from 2021? In other words, can you only borrow from one year at a time regardless of when the stay is?

You borrow when you make the reservation, so yes. Again, it only matters when the trip is and has nothing to do with when you book.

So, right now, you can book a May 2021 trip at your home resort, You can go online today and book it using any banked 2019 points you have, use 2020 points, and borrow, up to 50% to finish the reservation because that trip is part of your 2020 UY.

Easiest way to know if figure out the UY of the trip. Then you know that you can pay for it with banked points from the UY prior to the trip, points from the UY of the trip, and borrow, up to 50% of points to finish the trip from the UY after the trip.

It makes no difference what UY or calendar year you are in when you go to book. You can always book 11 months ahead at your home resort or 7 months ahead at all others.

 

[CarolMN]

So before 12/1 (since I have a Dec use year), could I borrow 50% of 2021 for a May 21 stay, or do I need to wait until Dec 1, 2020 to borrow from 2021? In other words, can you only borrow from one year at a time regardless of when the stay is?

Spend some time with the Understanding Use Year thread that I linked in my previous post.

A May 2021 stay falls within your 2020 use year. 2020 points are considered current use year points for that stay. To pay for it, you can use 2020 points, any points you have banked from 2019, and up to 50% of your 2021 use year points.

You can only borrow points when you are making the reservation that will use them. You can make the reservation now if it's for your home resort. The 7 month window for May 2021 opens next month. You do not need to wait until 12/1/2020 to borrow points from 2021 for a May 2021 vacation.

 

[GrtDisGuy]

Spend some time with the Understanding Use Year thread that I linked in my previous post.

A May 2021 stay falls within your 2020 use year. 2020 points are considered current use year points for that stay. To pay for it, you can use 2020 points, any points you have banked from 2019, and up to 50% of your 2021 use year points.

You can only borrow points when you are making the reservation that will use them. You can make the reservation now if it's for your home resort. The 7 month window for May 2021 opens next month. You do not need to wait until 12/1/2020 to borrow points from 2021 for a May 2021 vacation.

Really great info on that thread! Thanks so much. This is a really great forum!