"Borrowing points" restriction

[Pluto777]

I know they had to do it and I understand completely, but anyone have an idea of when you think this restriction may be lifted? By the end of 2020? 2021? Best guesses welcomed : )

 

[Sandisw]

My guess it will be lifted in 9 months to a year. So, I figure it will cover all trips booked for 2021 and the first few months of 2022...if it goes the year.

 

[thanxfornoticin]

The answer is probably similar to many other answers we're getting - it depends. If 2020 re-opening is slow and people don't return and don't use their DVC points because there's so little to do at WDW, or because people don't feel safe going, the points backlog will build and will possibly extend the borrowing restriction. But until things play out over the upcoming months, we won't really know.

 

[Pluto777]

My guess it will be lifted in 9 months to a year. So, I figure it will cover all trips booked for 2021 and the first few months of 2022...if it goes the year.

I REALLY hope that is NOT the case... I never knew borrowing points could be restricted like this. Could make a big mess for lots of us

 

[Sandisw]

I REALLY hope that is NOT the case... I never knew borrowing points could be restricted like this. Could make a big mess for lots of us

Let’s hope I am wrong...but yes, they can suspend or alter banking and borrowing from time to time to deal with supply and demand.

 

[Deb & Bill]

It could be forever. Like they changed the banking rules a few years ago.

 

[Pluto777]

It could be forever. Like they changed the banking rules a few years ago.

-but I ASSUME (or I HOPE??) they would not change something as important as BANKING without a 1 year notice, would they? Otherwise folks who had ALREADY made it near the end of a use year could theoretically get 'stuck' and be unable to bank points - couldn't they?

 

[DebbieB]

There are so many people cancelling reservations now over the rising covid numbers and the park reservation/no tickets situation, next year’s availability is going to be tight. I don’t see the borrowing restriction changing soon.

 

[Sandisw]

-but I ASSUME (or I HOPE??) they would not change something as important as BANKING without a 1 year notice, would they? Otherwise folks who had ALREADY made it near the end of a use year could theoretically get 'stuck' and be unable to bank points - couldn't they?

Yes...do I see them changing banking? No. But, do they have the ability? Yes.

All the information in the Home resort rules and regulations are subject to change and at their discretion.

They also don’t need to give any notice.

 

[BuzzLightyearDad]

Any changes on one-time point purchases? I will need to buy a few since I can’t borrow what I had originally planned for next summer.

 

[CarolMN]

Any changes on one-time point purchases? I will need to buy a few since I can’t borrow what I had originally planned for next summer.

So far, none that have been reported.

 

[Pluto777]

So far, none that have been reported.

Thank goodness on that!

 

[Pluto777]

Yes...do I see them changing banking? No. But, do they have the ability? Yes.

All the information in the Home resort rules and regulations are subject to change and at their discretion.

They also don’t need to give any notice.

"They also don’t need to give any notice." - You realize of course that IF that was done (without notice) many people might simply lose their points completely if they were near expiration deadlines for banking.. Let's hope that does NOT happen.

 

[MommaBerd]

It could be forever. Like they changed the banking rules a few years ago.

How did they change the banking rules?

 

[CarolMN]

How did they change the banking rules?

Old rule was 100% up to a certain time, then after that up to 50% by a certain time, and then 25% by a certain time. I don't remember the exact deadline months.

The banking deadline at the 8 month mark is a lot easier to understand and remember.

 

[MommaBerd]

Old rule was 100% up to a certain time, then after that up to 50% by a certain time, and then 25% by a certain time. I don't remember the exact deadline months.

The banking deadline at the 8 month mark is a lot easier to understand and remember.

I agree. So much complexity to the system to begin with, I can’t imagine trying to keep up with three different banking timeframes.

 

[Sandisw]

"They also don’t need to give any notice." - You realize of course that IF that was done (without notice) many people might simply lose their points completely if they were near expiration deadlines for banking.. Let's hope that does NOT happen.

Correct. I didn’t say I agree with it...just sharing that this entire situation has made me personally read everything again, and have learned a lot.

If they decide that there Is a need to suspend or change banking and borrowing for supply and demand, it is within their power to do it.