Canceling a ressie with borrowed points

[juliesue]

Okay- this is confusing but here goes. I made a ressie for August 2001 and had to borrow a few points from 2002 use year.

If I cancel, I understand that my borrowed points will go into the holding account.

I am thinking about cancelling the BWV ressie and putting the points into the holding account. Then I would make a ressie at OKW (which is less points) and use the borrowed points first. Any extra points from my 2001 use year could be banked.

Does this make sense and is it possible? I just got uncomfortable with the borrowing points idea. I told DH that we need to "live within our means." <IMG SRC="/infopop/emoticons/icon_confused.gif" alt="confused">

 

[PamOKW]

If you cancel your reservation more than 30 days in advance the points do not go into a holding account. However, borrowed points cannot be moved into any other Use Year. The points you borrowed must be used before the end of your current Use Year. If you make a new reservation just double-check as you talk to MS and remind them to use the banked points first (they usually do automatically but it doesn't hurt to check.)

If that doesn't explain it...ask again and I'll try to make it clearer. This stuff is hard to follow sometimes.

 

[juliesue]

I understand that my current year points will not be put into the holding account, but I was told by MS that the borrowed ones would. So, I am trying to see if I can use them or if I would lose them. (Can't go back with only 42 points).

So, I guess what I am asking is - will they let me use the holding account points first if I make a new ressie, or will they use the current year points first?

Sorry, I know this is confusing and I hope I am being clear.

 

[Lew]

PamOKW is correct..your borrowed points will not go into a holding account if you cancel now. They would go into a holding account only if you cancelled within 30 days of your reservation.

There may have been some miscommunication with MS. Perhaps you should call them back to get clarification.

As PamOKW suggested, be sure MS uses your borrowed points first when you rebook.

 

[juliesue]

Thanks - sorry to be so dense - but this can get really confusing.

It's great that we have a place to ask these questions and such knowledgeable people to answer them!!!!

 

[dianeschlicht]

I think your confusion is that the borrowed points can not be restored to their original use year, but must be used in the 2001 use year. I think that is what you confused with the holding account.

Disneydiane