carryover of points

[northerngirl]

DH and I have purchased 200 points at SSR. We want to go in Nov. & stay in a studio(97 points). What happens to the other 103 points. Do I have to let MS know that I would l like the 103 points carried over, and if so, do I have to let them know by a certain date? Then, for 2005, when I have 303 points, if I don't use all 303 points(for example if we go to Europe, stay at a Concierge hotel, use 240 points over 3 nights) what happens to the other points I don't use in 2005? I hope I haven't rambled on too much......

If you could please shed a little light on this, I would really appreciate it.....

Thanks to you all!!

 

[dianeschlicht]

If you know you will not be using any more points in this use year, then call and bank them before you forget to do that. They must be banked to be used the next year. Just be sure you use AT LEAST as many as you banked the next year. That way you wont lose any points. The left over points can again be banked.

 

[rocketriter]

Banking and borrowing have very specific rules. Please be sure to read your Member Guide carefully, and ask Member Services for help if you don't understand something. You do have quite a bit of flexibility pushing your points forward and back a year, but if you do it wrong or miss a deadline, those points could evaporate.

 

[DebbieB]

What use year did you buy? That will determine your banking deadlines.

 

[northerngirl]

Hi. My use year is August. I thought we were safe with that for the time we usually go.

 

[manning]

According to Caskbill's program (someone may have the sight or posting where you can download it) These are your deadlines


This based on you August use year:

You have up to 1/31/05 to bank 100 % of your total points = 200
You have up to 4/29/05 to bank 50 % of your total points = 100
You have up to 5/31/05 to bank 25% of your total points = 50

After that use them or lose them

let say you use 100 points and want to bank the rest. the above numbers would change as follows

200 would be 100
100 would be 50
50 would be 25

 

[DebbieB]

The percentages are based on your total owned points, not how many you have used or reserved. If you use 100 out of your 200 total, you would still have until 4/29/05 to bank the remaining 100 (50% of your total).

 

[northerngirl]

You guys are the best.......

Soooo, if I understand this correctly. I have to use at least 50% of my points and bank the rest if we wish. If I use 97 for the studio this year, 50% is 100 so I just forfeit the lowly three points right? Not a biggie, just wondering.....

 

[bobbiwoz]

Does northerngirl already have her '04 points? Couldn't she bank all of the remaining points?

Bobbi

 

[Deemarch]

Hey, isn't that...

100% of what's left of your points
50% of what's left of your points
25% of what's left of your points...

 

[Dean]

Originally posted by Deemarch
Hey, isn't that...

100% of what's left of your points
50% of what's left of your points
25% of what's left of your points...

LOL, that may be the reality for many of us. Seriously, it's the percentage of your total points for the year. If you bank 50% in the first half, you cannot bank ANY points after your 100% window is passes.

 

[Deemarch]

For example, I used 163 points of our 200 to book our trip in Dec. '04. Our UY is Feb. Can I bank the remaining 37 as long as I do it before July 31st?

 

[Dean]

Originally posted by Deemarch
For example, I used 163 points of our 200 to book our trip in Dec. '04. Our UY is Feb. Can I bank the remaining 37 as long as I do it before July 31st?

You could book 200 points up to 31 July, 100 by 31 Oct and 50 by 30 November. If you banked 50 before July, you could bank another 50 before November.

 

[Happy Birthday Cat]

Originally posted by northerngirl
You guys are the best.......

Soooo, if I understand this correctly. I have to use at least 50% of my points and bank the rest if we wish. If I use 97 for the studio this year, 50% is 100 so I just forfeit the lowly three points right? Not a biggie, just wondering.....

Northerngirl: I think your points are 2004 points meaning you won't lose any becuase your banking deadline isn't until 2005 as a couple of people have told you. Unless you are talking about 2003 points, you have nothing to worry about and won't lose any points.

HBC

 

[manning]

Your use year is Aug. You bought 100 points and use 60 and don't plan to use anymore.

You can bank 40 points by 1/31/05. you don't do anything and 1/31/05 passes.

You then can bank 40 points by 4/29/05. Again you don't do anything and 4/29/05 passes.

You then can bank 25 points by 5/31/05.

If you haven't banked anything by 5/31/05, you have to use them or lose them.


now let's turn it around. You use 40 points and have 60 left over.

You can bank 60 points by 1/31/05 or wait and
you can bank 50 points by 4/29/05 or wait and
you can bank 25 points by 5/31/05 or wait and
use or lose 60 points by 7/31/05.


The percentages are based on the number of points you bought, not left over!!!

 

[manning]

I just forfeit the lowly three points right? Not a biggie, just wondering..

LOL. I was on the phone with MS reallocating points and I had 2 left over. I said no big deal, I lose them, I lose them. She laughed and said you would be surprised how some get all upset on only 2 or 3 points left on the table.

 

[northerngirl]

Thank you all. By gosh and by golly I think I've got it.......so much for my University degree when it comes to this maze of points/carryovers/use years/ etc., etc.!!

These brain cramps will all be worth it when we arrive at SSR!!

 

[manning]

It opens up May 17