Borrowing, Transferring, Max Available?

[disynut]

I recently ran into a problem that I'd never heard of....we decided at the last minute to take off to WDW over Spring Break. Our BWV contract is only 50 points, and we had 2004 points banked. We were staying over a weekend, so we needed extra points. When I got on the phone to rent points from another DVC member, MS told me I couldn't transfer any more than 50 points into that contract. Since I had "transferred" 2004's 50 points into 2005, I couldn't transfer any more so the DVC member was nice enough to make some accommodations for me, and we got the reservation like we wanted. I had just never really thought of that. I guess I thought that I could transfer any amount in that I wanted as long as I could find someone to rent them to me! Anybody else run into something like this?

 

[CarolMN]

First time it's ever been reported here as far as I can remember.

If it's true, it's certainly a disadvantage of buying a small contract.

Thanks for letting us know your experience. It will be intereting to see if anyone else has run into this.

Best wishes -

 

[dianeschlicht]

I think you had an inexperienced MS CM and you probably should have pushed to speak to a supervisor. Banking is NOT considered to be a transfer.

 

[disynut]

I was wondering about that, since I've been reading these boards for years now and have never seen anything about that. What about borrowing? IF we borrow 50 points from 2006, can we still have someone transfer only 50 points into our BWV contract, or can we transfer more?

I truly appreciate all the help I get here!

 

[dianeschlicht]

I have never heard of their being a limit to how many points can be transfered in. I just know that if you transfer points IN you can not transfer points OUT.

 

[disneykidatheart]

I have a smaller contract. I had a recent transfer of points into my account that is larger than my contract. I called MS and checked my points and it was verified that all of the transfer points are in my account. I asked if there was a limit to the amount of transfer points allowed and was told, "No there is no limit".

My thoughts--Given the information above, what difference does it make whose account the points are in? As long as they are used, banked, whatever, according to the rules, I wouldn't think it would matter how many are transferred in to any account. Overall, there are still only so many available points to be used in a given year by the entire dvc membership regardless of whose accounts they are in. Am I off base?

I only learned of the rent/trade board and the ability to transfer points after the purchase of my contract. I realized that transferring or renting points could be a possible solution to a longer vacation on an occasional basis.

Thanks to all for the information you share, I have learned a lot from your experiences.

 

[Doctor P]

I do not have my documents handy, but I seem to recall a constraint that you can never have more than 3 times your contract points in your account at any time regardless of source (since this is the maximum you could have available because of banking, borrowing, and a current years' points). Perhaps it's not enforced or perhaps I am remembering wrong, but I seem to recall that restriction.

 

[disneykidatheart]

Doctor P--

I just read the official transfer rules as posted by disneyberry on 01-13-04. If I read it correctly, I saw nothing in the rules limiting the number of transfer points.

 

[Doctor P]

It's not in the transfer rules as I recall. This is an overall rule about the number of points that may be in your account at any given point in time, if I recall correctly (but I may not be recalling correctly).

 

[disynut]

Doctor P--thanks for checking the rules. I guess lazy-old-me should have drug out the book myself and checked, but the DIS is just too easy and everyone here is so knowledgable!

I could see where it would be reasonable for the three times the points you had, but that wasn't the case...they were saying pretty much that with this 50 point contract I couldn't transfer in any more than 50 points. She was telling me that since I would be using 2004 and some of my 2005 points that no more than 100 points could have been used out of that contract. I don't know, I was just curious because now my mom has decided to join us for our trip in December, but I'm not sure whether I can rent points from another member to transfer into our account or whether I have to have them make the reservation for me. We are using the rest of our 2005 points and some of 2006 points. I think the total points used was 86, but I need to use 36 more to get her a studio.

I guess I"ll just call MS and see what they tell me and make sure I get the person's name that I talk to! I'll call tomorrow and post what they tell me!

Thanks again to all!

Jennifer

 

[Doctor P]

OK, I went back and checked the multi-site POS and it clearly says that there is indeed a limit of 300% of your home resort allotment that can be in your account at any given point in time. Now, there may be some loopholes in that language I suppose, but it is in the POS.

 

[Dean]

OK, I went back and checked the multi-site POS and it clearly says that there is indeed a limit of 300% of your home resort allotment that can be in your account at any given point in time. Now, there may be some loopholes in that language I suppose, but it is in the POS.

I'll have to look at the language when I have a chance but think this is only related to native points. I think the CM was just ill informed, I'd call back.

 

[Doctor P]

That is possible, Dean. However, if that is true, I don't think there would be a need to actually put it in the POS (unless it some kind of legal CYA requirement) because it is tautological given the other requirements and language. Given its position in the POS I think it is possible that either interpretation is correct (because banking, borrowing, and transferring are all in the same section as this clause appears).

 

[Mike]

Maybe I am not understanding this correctly but I have a 220 point contract and I currently have 808 pts in my March 06 UY

I banked 180 pts from this year
I recently had a total of 408 pts transferred into my 06 UY
And I have my 220 allotment for 06

I just received a points activity statement and it shows all three of the above items and says for 03/2006 - 02/2007 808 points available. So I currently have 367% of my home resort allotment.

 

[Doctor P]

Mike,

With due respect that may or may not answer the question, believe it or not, and that is why this gets dicey. The way the system is SUPPOSED to work, it is impossible for you to have those points in your account: "All transferred Home Resort Vacation Points retain the use year of the Transferring club member". So, March 2006 points could not have been transferred to you, and you would not be able to bank enough points (even if you banked transferred points) to get you that many in 2006. My point is, their system doesn't seem to be able to handle the rules that are supposed to be applied. However, if they choose to apply the rules, they can do so manually. So, it's possible that there can be some inconsistencies whereby you were able to do what you have done, but others might run into be treated differently if a CM chooses to enforce the rules as written.

 

[Mike]

Mike,

With due respect that may or may not answer the question, believe it or not, and that is why this gets dicey. The way the system is SUPPOSED to work, it is impossible for you to have those points in your account: "All transferred Home Resort Vacation Points retain the use year of the Transferring club member". So, March 2006 points could not have been transferred to you, and you would not be able to bank enough points (even if you banked transferred points) to get you that many in 2006. My point is, their system doesn't seem to be able to handle the rules that are supposed to be applied. However, if they choose to apply the rules, they can do so manually. So, it's possible that there can be some inconsistencies whereby you were able to do what you have done, but others might run into be treated differently if a CM chooses to enforce the rules as written.

Doctor P,
The 408 transferrred points are in fact in my March 06 UY. Carli D'Agostino did a manual transfer to adjust these transferred points. So while I do in fact have 808 points in my March 06 UY, I understand your point and will concede that I am probably not a good example as this may have been an exception due to some issues that occured during my transfer transactions. I will not get into the details. If you are interested I started a thread on this a while back http://disboards.com/showthread.php?t=813264
But as stated, my activity statement does correctly identify the 808 points as being March 06 points.
As experienced by me and as you surmise, there is a lot of variance in the system and the response/action by MS will vary from CM to CM. I think that this lack of consistency is what frustrates the members the most and is inexcusable on the part of MS.

 

[Doctor P]

You misunderstood, I think. I was not challenging a word you said. I have no doubt that it is totally true and accurate. I was just noting that, according to the way the system is supposed to work, it should be impossible for that to be the case. They can't or won't or choose not to have the system work the way it is written, apparently. Therefore, all I am saying is that just because you have the points in your account and that is the way it worked for you, that doesn't necessarily mean that it is allowed under the rules and it doesn't necessarily mean that someone else, right or not, might have the rules enforced (if that is truly the rule). I read your post: your example is exactly what I am talking about when it comes to them not doing transfers according to the written rules!!!!! Glad it worked out for you and hope you enjoy your trip.

 

[Dean]

Mike,

With due respect that may or may not answer the question, believe it or not, and that is why this gets dicey. The way the system is SUPPOSED to work, it is impossible for you to have those points in your account: "All transferred Home Resort Vacation Points retain the use year of the Transferring club member". So, March 2006 points could not have been transferred to you, and you would not be able to bank enough points (even if you banked transferred points) to get you that many in 2006. My point is, their system doesn't seem to be able to handle the rules that are supposed to be applied. However, if they choose to apply the rules, they can do so manually. So, it's possible that there can be some inconsistencies whereby you were able to do what you have done, but others might run into be treated differently if a CM chooses to enforce the rules as written.

I did read the POS info and the best interpretation would be that the 300% rule was a representation of banking and borrowing and would not apply to transfers. It's simply to say you can only bank and borrow one year, not a requirement unto itself. And since DVC has routinely shown the willingness to exceed any limit this might impose and that it's never come up before, further suggests this is not an issue. Interpreted strictly, I'd say there are NO limitations on the number of points you can have transferred in.

 

[Doctor P]

Certainly, Dean's interpretation is possible, even probable, but if anything this language and the various intepretations of policy certainly leave ambiguity in this whole issue of transferring.