Does cancelling ever put you at risk to lose points?

[disprincess2213]

Ok so how does canceling and rebooking affect points? Or doesn't it? Here's an example

Uy oct, 200 PTs 2014, 2015

We book a dec 2015 trip for 200 PTs (I assume the 2014 would be used first).

Then in June 2015 we find availability for November 2015 and want to cancel the December trip and book November.

Can we do this? Are there any riskS losing these points since they were booked and not banked?

If Uy is October, I think we will have until may 31 to bank points... But what does Banking then mean anyways? Does it matter if the trip is booked after that use year to use them or do I need to bank to use?

 

[vicki_c]

A trip in Dec 2015 for you would have to use 2015 pts or banked 2014 points (or borrowed 2016 pts but that wasn't in play here). Same with a trip in Nov 2015.

If you wanted to use 2014 points, you would have to bank them. They would then stay banked and expire at the end of your 2015 use year (Sept 2016).

 

[rlovew]

It would depend on if your trip in November was using less points than the trip in Dec and when you were planning on making your next trip.

You will never have points taken away for canceling and rebooking but you could lose the easy use of them depending on what you needed and when you were traveling again.

 

[disprincess2213]

so in order to take and book a trip after October 1 (2015), I would need to bank my oct 2014 points by May 31, 2015 to do this? And once I bank them in May 2015, I cant take a trip BEFORE October 2015 because I have banked them already?

 

[chalee94]

so in order to take and book a trip after October 1 (2015), I would need to bank my oct 2014 points by May 31, 2015 to do this? And once I bank them in May 2015, I cant take a trip BEFORE October 2015 because I have banked them already?

right. (edited to add: "and right. you'd need to bank the pts first and before the banking deadline.")

once you move your pts to a different UY with banking or borrowing, they are stuck in that UY and cannot be moved again.

so your 2014 UY pts would move to your 2015 UY and would only be valid for stays from oct 1, 2015 to sept 30, 2016.

if you wanted to stay prior to oct 1, 2015, you could still borrow from your 2015 UY pts into your 2014 UY (but keep in mind, those borrowed pts could not be moved again either.)

 

[robinb]

Ok so how does canceling and rebooking affect points? Or doesn't it? Here's an example

Uy oct, 200 PTs 2014, 2015

We book a dec 2015 trip for 200 PTs (I assume the 2014 would be used first).

Then in June 2015 we find availability for November 2015 and want to cancel the December trip and book November.

Can we do this? Are there any riskS losing these points since they were booked and not banked?

If Uy is October, I think we will have until may 31 to bank points... But what does Banking then mean anyways? Does it matter if the trip is booked after that use year to use them or do I need to bank to use?

If you don't intend to use your 2014 UY points between Oct 2014 and September 2015, then you should bank them and use them in UY 2015 (October 2015-September 2016). You do run the risk of losing them in you don't use them in UY 2015 as they can't be banked forward again.

 

[LisaS]

And once I bank them in May 2015, I cant take a trip BEFORE October 2015 because I have banked them already?

You don't have to wait until May 2015 to bank them. You can bank at any time between the start of your UY and your banking deadline. So if you want to book a trip for Nov 2015 you could book that trip in Dec 2014. You would want to bank any Oct 2014 points you want to use for that reservation at that time (if you had not already banked them) and then make the reservation.

As you stated, any Oct 2014 points that you bank into your Oct 2015 UY are no longer available for use to book any nights before Oct 1, 2015.

 

[disprincess2213]

yay guys! I am slooooowly getting it lol. The funny thing is, from what I understand, is that I can bank my 2014 UY points (to be used anytime AFTER October 1, 2015) but if (for whatever reason!) i want to book a last minute weekend trip and go BEFORE October 1st, I can BORROW my 2015 points?!

And I understand all transactions are non reversible!

If I am correct, I THINK I GOT IT!!!

 

[disneynutz]

yay guys! I am slooooowly getting it lol. The funny thing is, from what I understand, is that I can bank my 2014 UY points (to be used anytime AFTER October 1, 2015) but if (for whatever reason!) i want to book a last minute weekend trip and go BEFORE October 1st, I can BORROW my 2015 points?!

And I understand all transactions are non reversible!

If I am correct, I THINK I GOT IT!!!

Banking and borrowing are final transactions.

Use caution taking vacations after the first eight months of your UY, any cancellation can cause problems.

Keep track of your points, contracts, and reservations at home. DVC has had IT issues in the past.

Make sure that the system/MS Advisors use your banked points first, again there have been mistakes in the past.

Bill