Can you bank more than once?

[kristenrice]

Silly question...

I have 45 points remaining in my 2013 Feb UY. We currently have a WL for a standard studio at BWV for November 7-12 which I have set at 7 days. We are planning a trip for next year, either April, June or October (not sure yet) and I have 100 points coming Feb 2014.

Since we own at AKV, I was thinking about booking the nights for April right now since we want a value 1BR (130 points) and it is currently available. If we go in June, it will be the same 130 points (same season, same room type) but October is still up in the air. I'm thinking that I should bank 30 of the 2013 points now and book that reservation. That would leave me 15 points in my 2013 UY and I would need 7 if the WL fills. I'm thinking that if my WL hasn't filled by Sept 30 (my banking deadline), then I will bank the remaining 15 points. I can authorize the borrowing of the 7 points from 2014 if the WL fills, correct? Can I do separate banking transactions, or is it a one-time deal?

Am I on the right track or am I missing something? I am about 99% sure that the WL is not going to come through since it is the last weekend of F&W and the 1/2 Marathon weekend. I'll be happy in the value studio we have booked at AKV.

 

[erionm]

You can bank multiple times as long as you have bankable points.

 

[BillPA]

Just a reminder, if you get the lower point room and it's less than 31 days ahead. The points you just 'saved' will go into holding. And as you noted, you will be past the banking deadline if you wait until Nov. I would just bank all 45 and authorize MS to 'borrow' the 7 points if the WL comes through.

 

[kristenrice]

Just a reminder, if you get the lower point room and it's less than 31 days ahead. The points you just 'saved' will go into holding. And as you noted, you will be past the banking deadline if you wait until Nov. I would just bank all 45 and authorize MS to 'borrow' the 7 points if the WL comes through.

Actually, we already have the lowest point room booked....a value studio at AKV. I waitlisted for the standard studio at BWV since we are running the F&W 1/2 marathon. That's why I kept the waitlist at 7 days. I think I will do as you suggest and just bank all of the points.

Sent from my iPhone using DISBoards

 

[BillPA]

Good luck with the WL and with the 1/2 Marathon.

 

[CarolMN]

Assuming you already have a waitlist and it does not already authorize borrowing:

Be sure to ask MS if authorizing borrowing on your existing waitlist means you go to the bottom of the waitlist. If yes, you may want to re-think your strategy, depending on how much you want the BWV reservation vs the one you already have.

I know that online, if you want to authorize borrowing on an existing waitlist, you have to cancel the existing waitlist and make a new one. That moves you to the bottom of the list.

Not sure if MS has a way to modify a waitlist. They might.

Good luck!

 

[kristenrice]

Assuming you already have a waitlist and it does not already authorize borrowing:

Be sure to ask MS if authorizing borrowing on your existing waitlist means you go to the bottom of the waitlist. If yes, you may want to re-think your strategy, depending on how much you want the BWV reservation vs the one you already have.

I know that online, if you want to authorize borrowing on an existing waitlist, you have to cancel the existing waitlist and make a new one. That moves you to the bottom of the list.

Not sure if MS has a way to modify a waitlist. They might.

Good luck!

Oooo! Good catch! I think I will bank only 30 points then, which is what I need to book the April reservation. Then, I will still have 15 left in case a miracle happens and that waitlist comes through.