Cancelling borrowed points- which use year do they go back to??

[disprincess2213]

Newbie question!!!

Scenario:

OKW UY OCT 220.

Will have 140 points from 2014
Want to book stay in December 2015 requiring approximately 200 points.

When I book in January at the 11 month window, we will only have the 140 but can borrow the rest we need from 2015. So when I book online, the system should "know" to use the 140 first, then will be able to Borrow the rest of the points..... But since the trip is in 2015 but after my use year, if we were to change dates a bit before the time and point value decreased (go one day less than expected for instance), where would these points go? Back to 2014 (since that was when it was booked) to be used by September 2015, or do those cancelled borrowed points stay in the 2015 use year?

 

[CarolMN]

Newbie question!!!

Scenario:

OKW UY OCT 220.

Will have 140 points from 2014
Want to book stay in December 2015 requiring approximately 200 points.

When I book in January at the 11 month window, we will only have the 140 but can borrow the rest we need from 2015. So when I book online, the system should "know" to use the 140 first, then will be able to Borrow the rest of the points..... But since the trip is in 2015 but after my use year, if we were to change dates a bit before the time and point value decreased (go one day less than expected for instance), where would these points go? Back to 2014 (since that was when it was booked) to be used by September 2015, or do those cancelled borrowed points stay in the 2015 use year?

Since you have an October use year, a December 2015 stay falls within your 2015 use year. If you want to use the 2014 points for that trip, you must first bank them. You will then use the 140 banked points plus another 60 from your 2015 use year.

You can bank online. If that makes you uncomfortable, call MS and have the CM do it for you. You must bank before your deadline. For an October 2014 use year, that will be on or before May 31, 2015.

If you cancel the trip, the returned points go back to the 2015 use year. You would have until 9/30/2016 to use the banked points (from 2014). If you do not bank the 2015 points before 6/1/2016, they would also expire on 8/30/2016.

You can still make the reservation in January of 2015.

Check out this thread for more help understanding booking & use year:

Understanding Use Year

 

[disprincess2213]

awesome...thank you so much! One more question...do i have to bank the points BEFORE i book the 2015 trip? I have to bank first, then book, correct?

oh and just a side question while were here lol... lets say I bank all thats left of my 2014 points to 2015 use year ( this can not be undone i know). THen I decide to take a weekend trip in August 2014 for a weekened. I now have no points for 2014 bc I banked them all, but I CAN borrow points for 2015 as long as they arent "tied up" in a reservation...is this correct? And I know that if I were to cancel THAT reservation, I would HAVE to use them by Oct 2014 right?

Thanks so so so much!!

 

[Sandisw]

awesome...thank you so much! One more question...do i have to bank the points BEFORE i book the 2015 trip? I have to bank first, then book, correct?

oh and just a side question while were here lol... lets say I bank all thats left of my 2014 points to 2015 use year ( this can not be undone i know). THen I decide to take a weekend trip in August 2014 for a weekened. I now have no points for 2014 bc I banked them all, but I CAN borrow points for 2015 as long as they arent "tied up" in a reservation...is this correct? And I know that if I were to cancel THAT reservation, I would HAVE to use them by Oct 2014 right?

Thanks so so so much!!

Yes, in order to use points to book a reservation, they have to be in the correct "status". So, in order to use 2014 UY points for a trip in 2015, they must be banked 2014 UY points.

In terms of the other question, you've got that correct as well. Once you bank and then decide to travel, you can borrow the 2015 UY points that are still available, but they will be stuck in your 2014 UY if you have to cancel.

It's one of the risks of traveling at the end of your UY.

 

[disprincess2213]

Thanks!!! Can I book the December 2015 trip with borrowed 2015 points instead of using my current 2014 points? Or do you have to use current available on its before borrowing?

 

[MountainMouse]

Thanks!!! Can I book the December 2015 trip with borrowed 2015 points instead of using my current 2014 points? Or do you have to use current available on its before borrowing?

Tried to catch up on your thread so I apologize if I'm not understanding your question correctly. If you've banked your 2014 points, they would be able to be used for the December 2015 trip. If you've borrowed 2015 points into 2014 they cannot be used for December 2015. In fact, they must be used by sept 30 2014 for your October use year. If you've borrowed 2016 points into 2015 those can be used for the December 2015 trip. You should be able to specify which points you want used if you have multiple flavors (banked, borrowed, or current) but it may require a call to MS.

 

[disneynutz]

Points need to be available for use at the time of the reservation/stay, not at the time when you make the reservation.

When you bank or borrow, you move the points either forward or backward. Once moved, they can not be moved back. They expire on the same date as the other points in the new UY.

Bill

 

[RobDoc]

Thanks!!! Can I book the December 2015 trip with borrowed 2015 points instead of using my current 2014 points? Or do you have to use current available on its before borrowing?

If you think you might still want to make a reservation for use during your current 2014 Use Year (10/1/14 - 9/30/15), you should NOT bank those points - just make sure they are commited for use or banked by the 5/31/15 banking deadline. For the 12/2015 reservation, you can use points from your October 2015 Use Year and borrow from your 2016 Use Year.

For a stay in December, 2015 your reservation options are to use points banked from your 2014 Use Year (as already pointed out, they must be banked before you can use them for a 12/15 reservation or they will expire on 9/30/15), points from your October 2015 Use Year and points borrowed from your October 2016 Use Year. If you do borrow points from 2016 and you later cancel that reservation, those points will remain in your 2015 Use Year and will expire on 9/30/16 as they cannot be banked.

Your October 2015 Use Year would be used for any stay from 10/1/15 - 9/30/16. In order to use points from your 2014 Use Year they must already be banked into your 2015 Use Year. In order to borrow points from your 2016 Use Year, you just need to select that option when booking online.

Banking and Borrowing are both irreversible transactions and those points will remain in the Use Year into which they were moved if the reservation is later canceled. In your described situation, any banked and/or borrowed points would expire on 9/30/16 and any points from your Oct 2015 Use Year would also expire 9/30/16 unless banked by the 5/31/16 deadline.

Enjoy!

 

[disprincess2213]

Thank you so much for taking the time to explain this to me....I am beyond excited for the next 20+years of this! I just want to be sure I am understanding everything correctly before making a mistake! I would never want to waste or lose any of these precious points lol!! Thanks again!!