DVC point banking schedule

[carlos1117]

Friends,

Can someone please post the DVC point banking schedule.

For example, when do you have to bank for 100%, 50%, etc.

Thanks,

 

[Happy Birthday Cat]

Originally posted by carlos1117
Friends,

Can someone please post the DVC point banking schedule.

For example, when do you have to bank for 100%, 50%, etc.

Thanks,

100%: 0 through 6 months
50%: 7 through 9 months
25%: 10 months
0% after 10 months

HBC

 

[RobDoc]

The percentages are cumulative and based on the total points in the contract (including any add-ons).

If you own 200 points and have banked 100 (or more) in the first 6 months- you cannot bank any more beyond the 6 month mark.

Enjoy!

 

[AFMom]

Can I add another related question? Are there any disadvantages to banking 100% of your points right off the bat just to be sure you don't loose any? Are there any restrictions on using banked points?
Thanks!

 

[DebbieB]

Originally posted by AFMom
Can I add another related question? Are there any disadvantages to banking 100% of your points right off the bat just to be sure you don't loose any? Are there any restrictions on using banked points?
Thanks!

Once they are banked, you can't use them for the current use year. If you wanted to go on a trip in the current use year, you would have to borrow the next year's. Then those banked points would have to be used in the following use year.

 

[Happy Birthday Cat]

Originally posted by AFMom
Can I add another related question? Are there any disadvantages to banking 100% of your points right off the bat just to be sure you don't loose any? Are there any restrictions on using banked points?
Thanks!

You can't transfer banked points either.

Chances are if you plan a trip every year with your points, you won't have 100% at the beginning of your use year because you will have already made reservations for your use year with your points. (For some people who own a contract where they bank and borrow and go once every two or three years, this wouldn't be the case).

HBC