Borrowing points on a stripped resale contract

[Isles22]

Hello,
I hope to close on a resale contract soon. Sep UY. Will I be able to borrow points from sep 21 to use in August as soon as the account is created? I see there is a step of Disney adding points to the account but there are no current points available.
Thank you!

 

[CarolMN]

You will have to wait until the points are added to book. That usually takes a week or two after the account is created. All of the points will be added at that time, including those from future use years.

You will be able to borrow September 2021 use year points (up to 50% of the year's allotment) to book your August vacation as soon as the points are loaded.

Some have reported success in getting points loaded as soon as the account is created by calling MS and explaining that they want to book something before availability disappears.

Good luck!

 

[Isles22]

Thank you. If my upcoming trip spans both August and September, how would borrowing points for the August portion work? Would I have to have borrow the points, then make the reservation? If that's the case I would need to know the points needed in advance for the August dates and borrow that exact amount of points as they would then expire on 9/1/21 if they weren't all used. I would also need to make sure the room was going to remain available before I made the reservation.

Is this correct? Seems risky.

 

[DIS_MERI]

Thank you. If my upcoming trip spans both August and September, how would borrowing points for the August portion work? Would I have to have borrow the points, then make the reservation? If that's the case I would need to know the points needed in advance for the August dates and borrow that exact amount of points as they would then expire on 9/1/21 if they weren't all used. I would also need to make sure the room was going to remain available before I made the reservation.

Is this correct? Seems risky.

You borrow as part of the booking transaction.

 

[Isles22]

Thank you so much

 

[CarolMN]

You borrow as part of the booking transaction.

Thank you so much

You cannot borrow points unless you are actually making the reservation that will use them.

 

[Isles22]

Again, thank you. Probably a simple question for any current dvc member. Lol

 

[CarolynFH]

If my upcoming trip spans both August and September, how would borrowing points for the August portion work?

Booking across UY requires special effort. You can book the August part of the stay as one reservation, borrowing the points needed, then book the September part as a separate reservation. Then send an email to MS giving them both reservation numbers and asking them to link as a continuing stay (or merge into one reservation, I can’t remember which). Or you can call MS to book the entire thing, borrowing the points needed during the call.

 

[Isles22]

Update and therefore new question.

The seller realizes there are unused 2020 points that were not in the listing and is asking me if I want them banked. They are more points than I could use in the August portion of the trip.

If I have the seller bank them all, would I then need to borrow 2021 points for the end of 2020 and the banked points could then be used for the September portion with any other banked points used by Sept 2022?. They need to be banked within 2 weeks I believe.

If I ask to bank only a portion of the points, I'm guessing I would lose the unbanked portion, if I don't use/rent them before Sept 1.

Any advice?

 

[Sandisw]

Yes. If you bank them with a Sept UY then they can only be used from Sept 1st on.

If you were short for a July/August trip..you mention late UY travel..you could then borrow up to 50% of your 3021 points for that trip.

The other option is to bank only what you think you won’t need. It doesn’t hAve to be all of them. So, if you think you’ll need 50, then keep that unbanked and bank the rest.

The drawback is that if you don’t go or don’t need them in the end, you will lose them.

 

[Deb & Bill]

You could also purchase up to 24 one time use points for the August portion of your trip if you need a few more points. They are $19 a point and you purchase them when you make the reservation. They can be purchase seven months or less before the start of the trip.