canceling and banking

[kid-at-heart]

I should know this but my brain is not working today...

If I make a reservation using 2018 points and then cancel before the 30 day deadline, can I still bank those 2018 points? Or will they have to be used during 2018?

I think I am confusing myself since I believe one time I borrowed points and those points had to be used the year borrowed; could not be banked.

Thanks for your help.

 

[bumbershoot]

You have to keep the banking deadline for your UY in mind. Even if you cancel at 31 days from checkin, if you're after your UY banking deadline you can’t bank them.

 

[kid-at-heart]

Thanks. "If" we cancel, it will be long before the four month banking deadline. Then the answer would be yes, we can bank the unused 2018 points to use in 2019. That is good to know. But if we borrow points from 2019, those points cannot be "banked" back into 2019. Am I understanding this correctly?

 

[disneynutz]

Points need to be banked during the first 8 months of your UY. Your UY is not a calendar year. Points need to be available during the dates of your stay, not when you make the reservation. Banking moves points one UY forward, borrowing moves points one UY back. Banking and borrowing are final transactions and can not be reversed.

Bill

 

[DVCDisneyRunner]

Making and canceling a reservation has no impact on banking. If you are within your banking window and points are for current use year you can bank them. It is if you had never made the reservation in the first place.

 

[KAT4DISNEY]

Thanks. "If" we cancel, it will be long before the four month banking deadline. Then the answer would be yes, we can bank the unused 2018 points to use in 2019. That is good to know. But if we borrow points from 2019, those points cannot be "banked" back into 2019. Am I understanding this correctly?

Once borrowed the points stay in the UY they are borrowed into - whether you keep the reservation you needed to borrow for or if you cancelled it. Those borrowed points would expire at the end of your 2018 UY if not used by then. If you cancel a reservation using your 2018 points (or current points whatever the year is) at least 31 days or more prior to check in and you are still in your banking window then you may bank the points. If the reservation were cancelled 30 days or less prior to check in then the points would be placed in holding. Holding points expire at the end of the UY they are in if they are not used and they can only be used to reserve 60 days or less from your check in.

It usually helps with the answers if we know your UY just to be 100% in the answer but yes, you seem to be understanding correctly.

 

[Sandisw]

Making and canceling a reservation has no impact on banking. If you are within your banking window and points are for current use year you can bank them. It is if you had never made the reservation in the first place.

To clarify, canceling with less than 31 days does impact the banking of current UY points as they will be put into holding status. That means they can only be used within the UY of the reservation and only for trips booked 60 days or less from check in.

So, sometimes, canceling can impact banking. Of course, as long as it is 31 days or more from check in, then yes, those points go back into your account in the same status as they were as part of the reservations. So, if they were current UY points and you are still within your banking window, they can now be banked.

 

[DVCDisneyRunner]

To clarify, canceling with less than 31 days does impact the banking of current UY points as they will be put into holding status. That means they can only be used within the UY of the reservation and only for trips booked 60 days or less from check in.

So, sometimes, canceling can impact banking. Of course, as long as it is 31 days or more from check in, then yes, those points go back into your account in the same status as they were as part of the reservations. So, if they were current UY points and you are still within your banking window, they can now be banked.

I was using the info provided by the OP

I should know this but my brain is not working today...

If I make a reservation using 2018 points and then cancel before the 30 day deadline, can I still bank those 2018 points? Or will they have to be used during 2018?

I think I am confusing myself since I believe one time I borrowed points and those points had to be used the year borrowed; could not be banked.

Thanks for your help.

Perhaps if someone were to read my reply in a vacuum I could see how it could be confusing and your comments are appreciated.

 

[kid-at-heart]

Thanks all. I really appreciate everyone's help.

 

[Sandisw]

Perhaps if someone were to read my reply in a vacuum I could see how it could be confusing and your comments are appreciated.[/QUOTE]

Exactly why I clarified! Not everyone would understand that you were only referring to situations when you cancel 31 days or more..