Borrowing Points

[DipsyDoodles]

Ok, just planned a vacation for February, 2012. I have an October use year and borrowed points for this vacation from my October 2012 use year. If I cancel the vacation those points will return to the use year of my vacation...October 2011? Does that mean I could then borrow those points for a vacation between now and October or am I just really confused??

 

[chalee94]

Ok, just planned a vacation for February, 2012. I have an October use year and borrowed points for this vacation from my October 2012 use year. If I cancel the vacation those points will return to the use year of my vacation...October 2011? Does that mean I could then borrow those points for a vacation between now and October or am I just really confused??

for an oct UY, feb 2012 is in your 2011 UY, which runs from oct 1, 2011 to sept 30, 2012.

banking and borrowing are final transactions, so once you bank or borrow pts, they will expire at the end of their new UY. you cannot rebank or reborrow pts - you can only bank or borrow a specific point one time.

so your borrowed 2012 pts are valid for stays from oct 1, 2011 to sept 30, 2012 and will expire on oct 1, 2012 if not used for a stay before that date. you cannot borrow them again into your 2010 use year for a stay prior to oct 1, 2011.

 

[DipsyDoodles]

for an oct UY, feb 2012 is in your 2011 UY, which runs from oct 1, 2011 to sept 30, 2012.

banking and borrowing are final transactions, so once you bank or borrow pts, they will expire at the end of their new UY. you cannot rebank or reborrow pts - you can only bank or borrow a specific point one time.

so your borrowed 2012 pts are valid for stays from oct 1, 2011 to sept 30, 2012 and will expire on oct 1, 2012 if not used for a stay before that date. you cannot borrow them again into your 2010 use year for a stay prior to oct 1, 2011.

THANK YOU! I completely understand now

 

[Mickeygolf]

for an oct UY, feb 2012 is in your 2011 UY, which runs from oct 1, 2011 to sept 30, 2012.

banking and borrowing are final transactions, so once you bank or borrow pts, they will expire at the end of their new UY. you cannot rebank or reborrow pts - you can only bank or borrow a specific point one time.

so your borrowed 2012 pts are valid for stays from oct 1, 2011 to sept 30, 2012 and will expire on oct 1, 2012 if not used for a stay before that date. you cannot borrow them again into your 2010 use year for a stay prior to oct 1, 2011.

Wow, I knew all that, but that has to be the best I've ever seen it explained. Nicely done Chalee!!!