Borrowing ???

[edk35]

Okay we have 234 points coming to us on Oct. 1st and we want to plan a trip next July to BCV for 8 nights....which cost 390 points in a 2 br. Our plan is to pay one weekend nights' points cash saving 75 points so now we need a TOTAL OF 315. That means borrowing points from UY09 next Oct. Does it matter if I book in Aug. or Oct. as far as borrowing points go?? Say for instance....we end up having to cancel this trip...we would have to bank by the banking window and those borrowed points would have to be used by UY Oct 2010 right??? Or would the borrowed points have to be used by UY09 NEXT OCT. ??? Oh shoot let me add that we would book this at home resort SSR and then try to get BCV in Dec. at my 7 month window.

 

[Claire L]

Right firstly -

You are booking for July 09 using UY08 and borrowing for UY09, once you borrow then the points stay in the UY08 and cannot be banked so have to be used by Sept 30th 09.

Secondly -

For booking you can book at the 11 month window with borrowed points. Can then change at the 7 month window and if available and more points needed can borrow or if fewer best bet is to bank some UY08 points into UY09.

Claire

 

[CraftyMouse]

Okay we have 234 points coming to us on Oct. 1st and we want to plan a trip next July to BCV for 8 nights....which cost 390 points in a 2 br. Our plan is to pay one weekend nights' points cash saving 75 points so now we need a TOTAL OF 315. That means borrowing points from UY09 next Oct. Does it matter if I book in Aug. or Oct. as far as borrowing points go?? Say for instance....we end up having to cancel this trip...we would have to bank by the banking window and those borrowed points would have to be used by UY Oct 2010 right??? Or would the borrowed points have to be used by UY09 NEXT OCT. ??? Oh shoot let me add that we would book this at home resort SSR and then try to get BCV in Dec. at my 7 month window.

If you borrow points from you '09 UY they will have to be used by the end of your '08 UY. For example, I believe your UY is October, right? (Ours too!) If that's the case then borrowing from your 10/1/09 allotment means that they will have to be used between 10/1/08 and 9/30/09. They cannot be put back into the 10/1/09 to 9/30/10 period, nor can they be banked.

It doesn't matter when you book, although booking as early as possible will give you the best odds of getting what you want. As long as you cancel in time to bank points you can bank the 234 '08 points into your '09 UY, but those borrowed '09 points will have to be used by 9/30/09.

 

[edk35]

If you borrow points from you '09 UY they will have to be used by the end of your '08 UY. For example, I believe your UY is October, right? (Ours too!) If that's the case then borrowing from your 10/1/09 allotment means that they will have to be used between 10/1/08 and 9/30/09. They cannot be put back into the 10/1/09 to 9/30/10 period, nor can they be banked.

It doesn't matter when you book, although booking as early as possible will give you the best odds of getting what you want. As long as you cancel in time to bank points you can bank the 234 '08 points into your '09 UY, but those borrowed '09 points will have to be used by 9/30/09.

THANKS I THINK I FINALLY GET THIS. I am still considered a rookie right??? I have been a member for less than 2 years??? Does that count????

 

[edk35]

Secondly -

For booking you can book at the 11 month window with borrowed points. Can then change at the 7 month window and if available and more points needed can borrow or if fewer best bet is to bank some UY08 points into UY09.

Claire

Thanks...I would need all my Oct. 08 UY points......for next summer....so I won't be banking any of those.