Confused about owning two resorts...

[lenshanem]

OK, about to send in paperwork for add on at VWL. Our other home is BCV.

I understand the booking windows and I thought I understood the banking, BUT...

Do I look at them as separate accounts, but the points amount as a whole as far as percentages for your banking windows? Say -

I book BCV at 11 months, but have to borrow to complete the ressie. I borrow only from the next year's BCV allotment. The VWL allotment is still there. They are always viewed as separate accounts, except if I want to combine the points for a 7 month booking?

If I have VWL points left over, but not any BCV points I could bank the VWL and it would carry over into my VWL account only, correct?

So I should look at them as totally separate accounts, EXCEPT for if I want to combine the points at 7 months out? And banking percentages as a whole, but yet they remain in the correct resort allotment?

I'm getting myself confused!

 

[dianeschlicht]

Sounds to me like you have a good handle on it, Shan!

 

[jade1]

OK, about to send in paperwork for add on at VWL. Our other home is BCV.

I understand the booking windows and I thought I understood the banking, BUT...

Do I look at them as separate accounts, but the points amount as a whole as far as percentages for your banking windows? Say -

I book BCV at 11 months, but have to borrow to complete the ressie. I borrow only from the next year's BCV allotment. The VWL allotment is still there. They are always viewed as separate accounts, except if I want to combine the points for a 7 month booking?

If I have VWL points left over, but not any BCV points I could bank the VWL and it would carry over into my VWL account only, correct?

So I should look at them as totally separate accounts, EXCEPT for if I want to combine the points at 7 months out? And banking percentages as a whole, but yet they remain in the correct resort allotment?

I'm getting myself confused!

We have the same situation and I beleive you have it correct. It has never been a problem because we use VWL at 11 months for XMAS and BCV at 11 months for Spring Break. We even things out on our August trips-booking under 7 months any points that are "left over", banked, borrowed etc. I just banked VWL points into next year and cannot use those to reserve BCV for next spring but will be using them next summer. IMO you are going to be in great "booking" shape for years if you complete this add on-great addition.

 

[Granny]

Shan...we've got two contracts and basically they are completely separate. Each with its own use year and banking schedule.

I've found Dave Frederick's point tracker software to be very helpful for managing multiple contracts. I track on an Excel spreadsheet too (so I can put annotations and a little more information), but Dave's software is excellent. It includes banking deadlines for each of the separate contracts.

Of course, I'm also waiting for Caskbill's long-awaited point tracking system. Knowing me, I'll track my points on three separate systems to keep them straight!.

Congrats on buying into VWL. Maybe we'll bump into you at some point there!

 

[Laurabearz]

Shan.... I think you got it...

Now try... The Rain in Spain stays mainly on the plain!

We have 3 home resorts, 2 Use years and 5 contracts! So far banking has never been an issue, but if you ever ask a borrowing question I can help!

 

[CarnotaurDad]

Shan's got it!

We have three contracts, two home resorts, one use year, and the concept Shan explained is exactly right.

Best of luck with your two home resorts. VWL has me thinking about a third home resort.....now I just have to talk to DW about it!

 

[JimC]

Each contract is actually tracked separately. Even a master and add-on at the same resort. That is what allows you to sell a master and keep an add-on or vice versa.

 

[lenshanem]

Thanks everyone!

Paperwork was sent off today!

We can finally call VWL home.

 

[jade1]

Thanks everyone!

Paperwork was sent off today!

We can finally call VWL home.

Congrats, very smart move.

 

[dianeschlicht]

Congratulations! Isn't that where you originally wanted to buy way back when?

 

[CarnotaurDad]

Congratulations! Someday we'll add VWL to our collection.....

 

[lenshanem]

Congratulations! Isn't that where you originally wanted to buy way back when?

YEP!

 

[Tramp68]

If they are tracked seperately does that mean that the banking is seperate as well?

For example: 150 points at BCV and 150 points at VWL. Same use year. I use all 150 BCV points to make an 11 month reservation. I wait until I am in my 50% banking window and decide I am not going to use the 150 VWL points. Sounds like I cannot bank all 150 points because I am only eligible to bank 50%.

I didn't think it worked this way for banking purposes. I thought they counted it as 300 points so I am eligible to bank 150 from anywhere.

 

[Dean]

If they are tracked seperately does that mean that the banking is seperate as well?

For example: 150 points at BCV and 150 points at VWL. Same use year. I use all 150 BCV points to make an 11 month reservation. I wait until I am in my 50% banking window and decide I am not going to use the 150 VWL points. Sounds like I cannot bank all 150 points because I am only eligible to bank 50%.

I didn't think it worked this way for banking purposes. I thought they counted it as 300 points so I am eligible to bank 150 from anywhere.

In this example, assuming the points are all under one master contract, you'd still be able to bank the full 150 points because 50% of 300 is 150. You must separate out the banking percentages from the home resort booking window.

 

[Caskbill]

A contract has a base number, and extensions. The first purchase to the contract is always extension 000, and subsequent extensions are 001, 002, 003 and so on.

If you purchase a true add-on from Disney, it is 'added on' to your base contract. You might have an OKW 200 pts, BCV 50 pt add on, and 100 pt SSR add on. If so, your contract number is like this: 12345.000/001/002

Each resort's points are tracked separately by resort and controlled for 11/7 month usage

The total contract points are combined for banking puposes. In this example you have 350 points. At the 50% date, you can bank up to 175 points in any combination you want from the 3 separate resorts' points.

If however, you purchase a resale contract, it is not an add-on and will have it's own base contract number. Suppose you purchased ALL of the above as 3 separate resales. They might have contract numbers like this:

12345.000 - 200 pts OKW
45678.000 - 50 pts BCV
90123.000 - 100 pts SSR

In this case, all 3 contracts are totally separate: Separate accounts, Separate 11/7 month windows (unless they're the same UY month), and separate banking amounts, even if they have the same banking window.

As a side note:

Of course, I'm also waiting for Caskbill's long-awaited point tracking system. Knowing me, I'll track my points on three separate systems to keep them straight!.

At this point the program should be ready for beta testing by this Summer. Have had good availability of time finally this year. (since January - averaging about 4-hours/day programming time)

 

[NMW]

Congratulations on your VWL purchase!