Cancelling a trip that's booked after the banking deadline

[CATANDSAL1009]

I have banking deadline at the end of May (Oct. use yr) and another at the end of July (Dec. use year). I was thinking to book another trip at the end of August using 2021 points. If we can't go, does that mean I can no longer use these points to book a vacation in 2023 and that I would have to use the respective points I have associated with the August booking before the end of Oct and Dec?

 

[Marionnette]

I have banking deadline at the end of May (Oct. use yr) and another at the end of July (Dec. use year). I was thinking to book another trip at the end of August using 2021 points. If we can't go, does that mean I can no longer use these points to book a vacation in 2023 and that I would have to use the respective points I have associated with the August booking before the end of Oct and Dec?

Yes. If you miss your banking deadline, the points will remain in the current UY and will expire at the end of that UY.

 

[CATANDSAL1009]

Yes. If you miss your banking deadline, the points will remain in the current UY and will expire at the end of that UY.

Ugh that's what I thought. I guess at that point- you would just rent if you have to cancel? Would I have to use it before Oct.1st or before Oct.31st?

 

[Sandisw]

Since tot have to cancel a trip at least 31 days in advance to avoid hold, Dec UY points would be safe because you’d be canceling before the deadline.

However, those points from the Oct UY will be stuck if you book and don’t cancel by end of May.

It’s why it is a risk to travel outside of your banking window.

Points for October must be used by October 1st..last night to check in would be Sept 30th.

 

[CATANDSAL1009]

Since tot have to cancel a trip at least 31 days in advance to avoid hold, Dec UY points would be safe because you’d be canceling before the deadline.

However, those points from the Oct UY will be stuck if you book and don’t cancel by end of May.

It’s why it is a risk to travel outside of your banking window.

Points for October must be used by October 1st..last night to check in would be Sept 30th.

I didn't know that. So you have to cancel 31 days before to avoid a hold? Sorry, but what is a hold exactly? It sounds bad. lol

 

[Marionnette]

I didn't know that. So you have to cancel 31 days before to avoid a hold? Sorry, but what is a hold exactly? It sounds bad. lol

Holding points cannot be used to make a reservation that is more than 60 days into the future and they cannot be banked.

 

[Sandisw]

I didn't know that. So you have to cancel 31 days before to avoid a hold? Sorry, but what is a hold exactly? It sounds bad. lol

The holding penalty means all points expire at the end of the UY of the trip and can only be used for reservations occurring 60 days or less from check in.

For example, say you were traveling in July instead. If you canceled that trip less than 31 days out, you would no longer be able to bank because of holding, even though you had not passed the banking deadline

 

[CATANDSAL1009]

The holding penalty means all points expire at the end of the UY of the trip and can only be used for reservations occurring 60 days or less from check in.

For example, say you were traveling in July instead. If you canceled that trip less than 31 days out, you would no longer be able to bank because of holding, even though you had not passed the banking deadline

Ahhhh ok. I understand. That's good to know. So in a situation where you would have to cancel less than 31 days and would also be past your banking date- would you say it's just best to try and rent the points for that specific vacation you would have taken?

 

[Sandisw]

Ahhhh ok. I understand. That's good to know. So in a situation where you would have to cancel less than 31 days and would also be past your banking date- would you say it's just best to try and rent the points for that specific vacation you would have taken?

If you can’t travel, that would be best but is all depends on whether you’d be able to find rooms available still if they are in holding, as you can only book 60 days or less.

You may have to find something, book it and offer it as a confirmed trip.

One problem you could face with canceling in August and having points expire by Oct or Dec 1st is finding rooms. That is the busiest DVC time.