Combining contracts for total points? Please advise

[Kglafenh]

Hello- I own 100 points at OKW, use year December. I'd like to buy 100 and Poly and 100 at VGF. If I buy them all with December use year, does that mean that I could book any of these resorts 7 mos out with the full 300 points (assuming all the points are there)?

Thanks a bunch!

 

[Nie0214]

Yep!

You can only use your home advantage for the points you have at the home resort, so if you're trying for a week during high season, you might consider making reservations for a split stay during the 11-month window.

 

[disneynutz]

You can book ANY resort using all of the points at 7 months.

Bill

 

[supersnoop]

* as long as they're all titled the same.

 

[Kim Gillihan]

I am thinking of doing same thing... people have helped me see how I could switch off home resorts, bank and borrow to combine say akv points for one year and bay lake for next trip etc. Then someone mentioned banking and borrowing could be an issue.. can't remember the details.. and that started to worry me... for those who do this, what are the watch outs? why could this go wrong? Still thinking cheaper and easier just to own akv, but I keep thinking of bay lake too, so ... want make right decision since I now have a second chance due to disney taking my oh so wonderful akv contract!!

 

[Nie0214]

Risk with bank/borrow is if you cancel a trip, you run the risk of having to spend a lot of points last minute (or find a renter) because, once banked or borrowed, those points stay in the new use year

 

[Kim Gillihan]

Risk with bank/borrow is if you cancel a trip, you run the risk of having to spend a lot of points last minute (or find a renter) because, once banked or borrowed, those points stay in the new use year

OK... I am trying to think of examples... so If I borrow 2018 years points to combine 2 (150) to make 300.. UY june. trip schduled for November 2017. Its october and I need cancel... now what happens?

 

[supersnoop]

OK... I am trying to think of examples... so If I borrow 2018 years points to combine 2 (150) to make 300.. UY june. trip schduled for November 2017. Its october and I need cancel... now what happens?

If more than 30 days out, you'll have 150 points that need to be used by 5/31 and 150 points that you could bank into 2019. If you cancel with 30 or fewer days notice, all 300 go into "holding" where they can only be used with 60 days advanced planning and all points would expire on 5/31.

 

[mustinjourney]

OK... I am trying to think of examples... so If I borrow 2018 years points to combine 2 (150) to make 300.. UY june. trip schduled for November 2017. Its october and I need cancel... now what happens?

like supersnoop said -- in that situation, the 300 points used for your reservation would come back to your account. The 150 that you borrowed from 2018 cannot be banked, so they have to be used prior to June 1, 2018. The June 2017 UY points could be banked into 2018 UY.

So if you just borrow (used 2 years worth of points), then you risk losing one year's worth of points (the ones you borrowed). Similarly, if you banked 2016 points and borrowed 2018 points for that trip and then cancelled, you'd run the risk of losing 300 points if you couldn't use them prior to June 2018. This is the reason using three years worth of points can be risky -- if you have to cancel, that is a lot of points to lose.

 

[Kim Gillihan]

like supersnoop said -- in that situation, the 300 points used for your reservation would come back to your account. The 150 that you borrowed from 2018 cannot be banked, so they have to be used prior to June 1, 2018. The June 2017 UY points could be banked into 2018 UY.

So if you just borrow (used 2 years worth of points), then you risk losing one year's worth of points (the ones you borrowed). Similarly, if you banked 2016 points and borrowed 2018 points for that trip and then cancelled, you'd run the risk of losing 300 points if you couldn't use them prior to June 2018. This is the reason using three years worth of points can be risky -- if you have to cancel, that is a lot of points to lose.

I will have to read this about 10 more times to make sure I get it!!! but, thanks so much for helping me!

 

[KAT4DISNEY]

like supersnoop said -- in that situation, the 300 points used for your reservation would come back to your account. The 150 that you borrowed from 2018 cannot be banked, so they have to be used prior to June 1, 2018. The June 2017 UY points could be banked into 2018 UY.

So if you just borrow (used 2 years worth of points), then you risk losing one year's worth of points (the ones you borrowed). Similarly, if you banked 2016 points and borrowed 2018 points for that trip and then cancelled, you'd run the risk of losing 300 points if you couldn't use them prior to June 2018. This is the reason using three years worth of points can be risky -- if you have to cancel, that is a lot of points to lose.

But with a cancellation in October for a November trip lets just assume it's really a last minute cancellation done less than 30 days out. As snoop also mentioned then all 300 points are fixed to stay in that UY and would have to be used by May 31, 2018. They are then considered points in holding and they could only be booked for reservations 60 days or less from arrival. If they were not used by May 31, 2018 they would all expire then.

OP - The key for what can happen to points are what their status is within the UY, if a cancellation is done 31 days or further in advance of check in and if you are still in your banking window to be able to bank any current points if they were cancelled 31 days or more in advance.

 

[mustinjourney]

But with a cancellation in October for a November trip lets just assume it's really a last minute cancellation done less than 30 days out. As snoop also mentioned then all 300 points are fixed to stay in that UY and would have to be used by May 31, 2018. They are then considered points in holding and they could only be booked for reservations 60 days or less from arrival. If they were not used by May 31, 2018 they would all expire then.

OP - The key for what can happen to points are what their status is within the UY, if a cancellation is done 31 days or further in advance of check in and if you are still in your banking window to be able to bank any current points if they were cancelled 31 days or more in advance.

You're right. For some reason I missed the part about canceling a month out.

My answer was more geared towards canceling more than 30 days out so points wouldn't be in holding.