Expiring points extended

[Louis morrell]

So opinions as to how long to get all of the extra points out of the system? Who will loose points now? How bad will walking reservations be for the foreseeable future? Just my immediate thoughts as I read the email.

 

[Sandisw]

So opinions as to how long to get all of the extra points out of the system? Who will loose points now? How bad will walking reservations be for the foreseeable future? Just my immediate thoughts as I read the email.

Well, the expired April points will be good for no more than 4 months as they have 6 months from expiration, not resort opening.

Many of those people won’t want to travel, and it is going to be based on rooms, they have until October 1st to book and use,

June UY have until Dec 1st. Things are already slim during fall, I am thinking many points will end up being lost anyway.

My feeling is a year or two we may feel the pain.

 

[mentos]

On the upside here: I no longer have to manically log onto the DVC website 3x day trying to punt my summer reservations forward. I managed to move my May 15 single night to June 28 (August 2018 UY banked points).

I can relax now knowing that, if the resorts are open... great, if they are not, it is likely (though not guaranteed)* that the banked points facing expiration will likely be extended 6 months.

*I'm cognizant that the written policy specifically addressed April and May UY only.

 

[mentos]

Well, the expired April points will be good for no more than 4 months as they have 6 months from expiration, not resort opening.

Many of those people won’t want to travel, and it is going to be based on rooms, they have until October 1st to book and use,

June UY have until Dec 1st. Things are already slim during fall, I am thinking many points will end up being lost anyway.

My feeling is a year or two we may feel the pain.

I think you are right, but I think a wild card here is who will go to the parks? I don't know how representative DISBoards is to the rest of the DVC membership, but I feel that folks with August, September, and October UY with 2020 points booked may just opt to cancel and push their reservations forward (or bank to 2021), opening up space in the interim.

Pure speculation, but fear is a powerful drug.

 

[Grumpy by Birth]

Yea, we have 270 total. My sister and I both own contracts, and we take turns using them for big family vacations every year. Maybe we'll finally take a trip to Universal next year. I've been resisting, I'm a diehard WDW fan, but I'm sure the grandkids would be excited to go to Universal for the first time. We have four little grandsons, ages 18 months, 6, 7 & almost 8. I'm so bummed.

If I'm understanding you correctly, you'd need two years of points (540). You'd still be able to borrow 50% from next year, so you'd only be 135 points short (25% of the the 2-year total). Rather than scrapping the trip altogether, perhaps just shorten it by 25% and still have the birthday celebration?

 

[Sandisw]

I think you are right, but I think a wild card here is who will go to the parks? I don't know how representative DISBoards is to the rest of the DVC membership, but I feel that folks with August, September, and October UY with 2020 points booked may just opt to cancel and push their reservations forward (or bank to 2021), opening up space in the interim.

Pure speculation, but fear is a powerful drug.

I agree,,,and, it all depends on how many points people had that were banked already that get 6 months,

Say someone only has 100 points expiring but can’t find a cohesive trip to use them this summer, they may not be able to go without borrowing and now will be limited to 50%

I am going to say that the policy to put the borrowed points back was definitely a good thing considering this. Because if they had not done that, many of those Poijts may have been already used in rooms, giving those with those limited points a better chance.

 

[HannaBelle]

I think this is a good compromise. According to our contracts, the only thing we are guaranteed is to use of our points, at our home resort, during the use year.

We are planning to travel to WDW on June 5, 2021 with a group of 16. We have a December use year with 480 points. I will bank our 2019 points, use our 2020 points and if I understand the notification, I can now only borrow 240 points from 2021. Is that correct?

I cannot say I am not bummed, but certainly not on the war path either. We might have to cut our trip a day short, but this will be our 4th big family trip and we will have a great time regardless!

I am curious to see what happens with dues. Disney has been paying workers until recently, I had not even considered how that would effect my dues. It puts it in a different perspective. I would not begrudge paying the same amount of dues to continue paying salaries to the furloughed DVC workers. I am sure there will be people on both sides of "the fence" on this one.

 

[karrit2000]

August use year here with 76 banked 2018 points I still may end up losing. I checked into GCV on 3/11 for a week but had to leave on 3/14. Took over a month to get all my unused points returned back to my account due to an error on the part of management @ GC but now I'm still in limbo. I couldn't even make a tentative reservation prior to my point expiration until they sorted out my missing points. I currently have a reservation booked toward the end of July using most of those points but at this point I'm really hoping they won't be open yet. Nothing they have publicly announced so far addresses the issues of people who were actually already in residence at any of the resorts when they closed. Fortunately I was able to bank the remainder of my 2019 points prior to the deadline.

 

[Sandisw]

I think this is a good compromise. According to our contracts, the only thing we are guaranteed is to use of our points, at our home resort, during the use year.

We are planning to travel to WDW on June 5, 2021 with a group of 16. We have a December use year with 480 points. I will bank our 2019 points, use our 2020 points and if I understand the notification, I can now only borrow 240 points from 2021. Is that correct?

I cannot say I am not bummed, but certainly not on the war path either. We might have to cut our trip a day short, but this will be our 4th big family trip and we will have a great time regardless!

I am curious to see what happens with dues. Disney has been paying workers until recently, I had not even considered how that would effect my dues. It puts it in a different perspective. I would not begrudge paying the same amount of dues to continue paying salaries to the furloughed DVC workers. I am sure there will be people on both sides of "the fence" on this one.

Yes, you have it correct. The website has more detail about things and it says that any savings from the closure will be used to offset 2021 dues vs. going into the capital reserves budget which is what typically happens.

 

[nagshead]

I think this was as fair as they could have done, and quite honestly; more than I really expected. I really didn't expect them to extend banked points that had been used. That will make a lot of people happy, though it didn't affect us personally.

I guess we will learn the real value when we have a resort opening date. Until then, it's all essentially meaningless, though greatly appreciated.'
'
I'm gonna call this a win.

100% agree with you on all points.

 

[gskywalker]

I didn't understand the letter. What points can be carried forward? Only April and June use years? Would there not be other people that would/will have lost points?

 

[Sandisw]

I didn't understand the letter. What points can be carried forward? Only April and June use years? Would there not be other people that would/will have lost points?

Right now, April and June UY banked 2018 points are being given an extra 6 months..because Those are actually expiring during resort closure...it implies to me they know they won’t be opening before June 1st.

April and June UY will be allowed late banking for reservations during resort closures. All other UYs are depending on whether the reservation that is canceled is during a resort closure and it is already beyond banking. Right now, this would be Aug UY.. but if they open in June, then Aug UY won’t be eligible.

So, yes, depending on when it opens, there still could be people who can’t use the points, but they won’t expire during a closure,

The resorts would have to close until at least Aug 1st for any other UYs banes points to expire. I think the fact they gave April UY 6 months. it’s a good hint they will be open June or July.

 

[mentos]

I didn't understand the letter. What points can be carried forward? Only April and June use years? Would there not be other people that would/will have lost points?

Yes, but not yet, at least. DVC released guidance and they're taking a measured approach on who to bestow additional point extension benefits to. So far, just April and June UY. I would expect August UY to be addressed by mid/late-June if resorts are still projected to be closed.

 

[mentos]

All other UYs are depending on whether the reservation that is canceled is during a resort closure and it is already beyond banking. Right now, this would be Aug UY.. but if they open in June, then Aug UY won’t be eligible.

August UY could get the squeeze if, say, a) parks are open mid-June, b) DVC does not extend previous benefits, and c) said owner had reservations in April/May. It gives them 45 days to find a reservation in the system before points expire at 11:59pm 7/31/2020.

It's kind of a tough call, as DVC you have to draw the line somewhere. If August UY is included, then what about September UY? Is 75 days acceptable but 45 days is not? Lots of questions here, it's going to be weird.

EDIT: If I'm reading the tea leaves, so-to-speak, it seems that DVC is telegraphing that 3-4 months additional time is the fair response. April UY points that expired 3/31/20 are now good through 9/30/20. Extending August UY a month or two appears to be equitable, but completely at their discretion.

 

[Sandisw]

August UY could get the squeeze if, say, a) parks are open mid-June, b) DVC does not extend previous benefits, and c) said owner had reservations in April/May. It gives them 45 days to find a reservation in the system before points expire at 11:59pm 7/31/2020.

It's kind of a tough call, as DVC you have to draw the line somewhere. If August UY is included, then what about September UY? Is 75 days acceptable but 45 days is not? Lots of questions here, it's going to be weird.

To be honest, IMO, the only late banking of Aug UY will be for those with May Reservations because I think this email alludes they will be open come June,

If I had a Sept UY and a May trip, with this news, I’d just cancel and bank by April 30th because the writing is on the wall it not going to be open then.

 

[mentos]

If I had a Sept UY and a May trip, with this news, I’d just cancel and bank by April 30th because the writing is on the wall it not going to be open then.

Oh that's 100% the right thing to do at this point. Unfortunately, on March 31st... it wasn't crystal clear that was the right thing to do for August UY. Hindsight is 20/20. If I were a gambler, I'd have bet the parks would have been open by 6/1 on that date (back when the original COVID peak was supposed to happen early/mid-April).

 

[Sandisw]

Oh that's 100% the right thing to do at this point. Unfortunately, on March 31st... it wasn't crystal clear that was the right thing to do for August UY. Hindsight is 20/20. If I were a gambler, I'd have bet the parks would have been open by 6/1 on that date (back when the original COVID peak was supposed to happen early/mid-April).

I think that is why they did say on the website that if a different UY has a reservation canceled during a closure in which they are beyond deadline,,,which to Aug UY...they will be allowed the late banking,

They must know there are some who gambled with May stays and are going to treat those the same way they did April and June UY.

 

[WilsonFlyer]

<snip>
June UY have until Dec 1st. Things are already slim during fall, I am thinking many points will end up being lost anyway.

</snip?

I'm not sure I understand. My 2019 points that would have expired June 1 have been given an additional year as I understand it. That means applied to reservations through May 30, 2021. Had I had banked 2018 points, they would have had to be used by Dec 2020.

Did I miss something? Apparently so.

 

[Sandisw]

I'm not sure I understand. My 2019 points that would have expired June 1 have been given an additional year as I understand it. That means applied to reservations through May 30, 2021. Had I had banked 2018 points, they would have had to be used by Dec 2020.

Did I miss something? Apparently so.

Sorry, I was referring to banked June 2018 UY points...those were given 6 months.

So, June 2019 were allowed late banking, which gives them same timeframe as always.

 

[SuzGM84]

I didn't understand the letter. What points can be carried forward? Only April and June use years? Would there not be other people that would/will have lost points?

yes!!!! We have 70 2018 points that are being used for our July trip. We have a Dec UY so if we have to cancel we’ll be able to bank points, but we’ll lose the 2018 banked points... yet other UY get to keep their banked 2018 points? Doesn’t really seem fair IMO