Can you bank and borrow in the same year?

[kenny]

We just became members yesterday and received the bonus 100 pts so we have 300 points now to use before 8/1.

That being said not sure if we are going to be able to use them in time. If we want to bank the points I need to do it by the end of March.

If I banked my 200 points (I was told I have 12 months to use the bonus points is that correct?), and later decided I wanted to use some points, could I borrow them back, or borrow next years points?

Wasn't sure if there was a restriction that you could not bank and borrow in the same year.

 

[DVCLiz]

We just became members yesterday and received the bonus 100 pts so we have 300 points now to use before 8/1.

That being said not sure if we are going to be able to use them in time. If we want to bank the points I need to do it by the end of March.

If I banked my 200 points (I was told I have 12 months to use the bonus points is that correct?), and later decided I wanted to use some points, could I borrow them back, or borrow next years points?

Wasn't sure if there was a restriction that you could not bank and borrow in the same year.

You can't borrow back your banked points, but you could borrow from next year. Essentially you'd be trading this year's points for next years if you wanted to bank them now and then take a trip this year. It's just the way the system is set up.

 

[disneynutz]

We just became members yesterday and received the bonus 100 pts so we have 300 points now to use before 8/1.

That being said not sure if we are going to be able to use them in time. If we want to bank the points I need to do it by the end of March.

If I banked my 200 points (I was told I have 12 months to use the bonus points is that correct?), and later decided I wanted to use some points, could I borrow them back, or borrow next years points?

Wasn't sure if there was a restriction that you could not bank and borrow in the same year.

You have 12 months to use your bonus points but you can only reserve your room 7 months or less from your check out date.

 

[Mtnman44]

Just make sure you think it through. It is always best to only bank your points AFTER you are sure you won't need them this Use Year.

If something comes up you can borrow, but not the points you banked. You will be borrowinig fresh points from the next Use Year. This is not the preferred way of doing it as the banked points expire at the end of the next use year, whereas your "fresh" next use year points are still bankable into the following use year. You normally would want to use the soonest expiring points first.