Help!!! Did I make a mistake?

[julefish3]

Tick tick tick... Just got the contract.

Question- if my UY is feb and I just got my 120 points for this year when do they expire? From my first reading it seems like they expire in jan 2013 and I need to bank them by September. BUT I was told that I would have 240 by feb 2013 To use for a Disney trip next year (the 120 I have now plus another 120 come feb 2013). But if I am forced to bank the first 120 I can't then use that on Disney, can I?!?! (once banked I can't take them out)

Where is this 240 I am told I can use come next feb 2013? Are they talking about borrowing from 2014?

Next question- once banked how long do they stay banked before they expire?

Thanks for your help

 

[keaster]

Tick tick tick... Just got the contract.

Question- if my UY is feb and I just got my 120 points for this year when do they expire? From my first reading it seems like they expire in jan 2013 and I need to bank them by September. BUT I was told that I would have 240 by feb 2013 To use for a Disney trip next year (the 120 I have now plus another 120 come feb 2013). But if I am forced to bank the first 120 I can't then use that on Disney, can I?!?! (once banked I can't take them out)

Where is this 240 I am told I can use come next feb 2013? Are they talking about borrowing from 2014?

Next question- once banked how long do they stay banked before they expire?

Thanks for your help

We have a February UY as well, also at AKL. I'll try to break down as to how it works (I'm sure if I mess up, someone will correct me!!)

If you don't plan on doing a DVC trip between now and January 31st, 2013, you will have to bank your 120 points by September 30th. Once they are banked, you cannot bring them back into this current UY.

After banking, you will have 240 points to use between Feb. 1st, 2013 and January 31st, 2014 (your 120 banked points plus your 120 points for your February 2013 UY). If you need more points, you can borrow from your February 2014 UY.

ALSO those 120 points you bank into your 2013 UY will have to be used by January 31st 2014. They cannot be banked a second time.

 

[LisaS]

Question- if my UY is feb and I just got my 120 points for this year when do they expire? From my first reading it seems like they expire in jan 2013 and I need to bank them by September. BUT I was told that I would have 240 by feb 2013 To use for a Disney trip next year (the 120 I have now plus another 120 come feb 2013). But if I am forced to bank the first 120 I can't then use that on Disney, can I?!?! (once banked I can't take them out)

You are confusing banking your points with depositing them into RCI. Banking your points moves them from one UY into the following UY so that they can be used for a DVC stay in that next UY. Since you purchased directly from Disney you could also use those banked points for stays at Disney hotels, cruises, etc.

Your Feb 2012 UY points are valid for stays from Feb 1, 2012 through Jan 31, 2013. If you bank them into your Feb 2013 UY they will be valid for stays from Feb 1, 2013 through Jan 31, 2014. After banking them, you would have both the banked Feb 2012 points and the Feb 2013 points to use for a trip occurring between Feb 1, 2013 and Jan 31, 2014. If you needed more points you could also borrow points from your Feb 2014 UY.

Next question- once banked how long do they stay banked before they expire?

Once banked the points remain in their new UY and must be used by the end of that UY. Any unused banked points expire at the end of their new UY.

 

[Kidanifan08]

Tick tick tick... Just got the contract.

Question- if my UY is feb and I just got my 120 points for this year when do they expire? From my first reading it seems like they expire in jan 2013 and I need to bank them by September. BUT I was told that I would have 240 by feb 2013 To use for a Disney trip next year (the 120 I have now plus another 120 come feb 2013). But if I am forced to bank the first 120 I can't then use that on Disney, can I?!?! (once banked I can't take them out)

Where is this 240 I am told I can use come next feb 2013? Are they talking about borrowing from 2014?

Next question- once banked how long do they stay banked before they expire?

Thanks for your help

The 120 "free" Feb 2012 points need to be used by 1/31/13 or banked by 9/30/12. If you bank them, then you have your 240 points for the 2013 UY, which starts 2/1/13. But 120 of those are only good through 1/31/14 (i.e. the 2012 UY points). If you wanted to do something REALLY BIG in the 2013 UY (2/1/13 - 1/31/14) then you could use your banked 2012 points, 2013 points, and borrowed 2014 points for a grand total of 360 points. But then you would not get any points again until 2/1/15. If you want to do something with your points between now and 1/31/13, then you could borrow the 2013 points that you need into the 2012 UY and add them to the 120 points that you have and travel between now and 1/31/13.

Of course, that something REALLY BIG likely cannot be a cruise or ABD, because 360 points won't get you anywhere with those products.

 

[julefish3]

Ah, that explains alot!

Now at the conclusion of the the 2013 UY if I didn't use all of the points I understand they will expire but can't I deposit them into the rci network, and if so how long will they last there?

 

[DizBub]

Tick tick tick... Just got the contract.

Question- if my UY is feb and I just got my 120 points for this year when do they expire? From my first reading it seems like they expire in jan 2013 and I need to bank them by September. BUT I was told that I would have 240 by feb 2013 To use for a Disney trip next year (the 120 I have now plus another 120 come feb 2013). But if I am forced to bank the first 120 I can't then use that on Disney, can I?!?! (once banked I can't take them out)

Where is this 240 I am told I can use come next feb 2013? Are they talking about borrowing from 2014?

Next question- once banked how long do they stay banked before they expire?

Thanks for your help

Yes, 2012 points will expire Jan 31.
If you don't intend to travel this year you must bank your current 120 points by Sept 30. This banks them for use into the next year. Once banked they cannot be returned to 2012. If you decide you want to travel last minute, say in Nov you would have to borrow from your 2013 allotment. Feb 2013 you will get your next 120 loaded into your account, giving you a total of 240. Those points are actually available to be borrowed right now if you need them to book a vacation at the 11 month window.

Example, last year I had 232 points that had to be banked Sept 30 (I have a Feb UY too). 1 month later on Oct 29 I called Member's Services and booked a 2 bedroom at BLT for Sept 29. I needed 278 points for that booking. Using those 232 banked points and "borrowing" 46 points from my 2012 allotment. Leaving me 264 points in my account for this year.

This is a bit confusing but once you get the hang of it, it becomes much easier. Honest.

If I have made any mistakes I'm sure someone will correct it.

Good Luck and have fun planning.

 

[disneynutz]

Now that you are a member, you need to access the member website and read the home resort rules and regulations and the info on using your points.

Bill

 

[RobDoc]

Ah, that explains alot!

Now at the conclusion of the the 2013 UY if I didn't use all of the points I understand they will expire but can't I deposit them into the rci network, and if so how long will they last there?

Only the points banked from 2012 will expire at the end of the 2013 UY - the 2013 points can be extended until the end of the 2014 UY (1/31/2015) by banking them.

If deposited into the World Passport Collection (RCI) you can extend their use an additional 2 years and it could take much of that time to get the reservation you want. If you do plan to use that feature, be sure to be as flexible as possible with dates and resorts and start as early as possible. I'd suggest at least a year in advance of the time you wish to travel if you have a certain resort you are interested in trying.

Here is a link to the Home Resort Rules and Regulations from the Member's website.

Welcome Home!

 

[JimMIA]

Ah, that explains alot!

Now at the conclusion of the the 2013 UY if I didn't use all of the points I understand they will expire but can't I deposit them into the rci network, and if so how long will they last there?

Points deposited into RCI are valid until the end of the month they are deposited, two years later.

IF you bank your 2012 points into 2013, they will expire on January 31, 2014. So if you deposited expiring DVC points into RCI anytime in January 2014, you could use them for stays through January 31, 2016.

Just keep in mind that 120 DVC points are not going to go a long way in RCI. And as Doc said, plan WAY ahead and be flexible.

The MUCH better alternative is to use your banked 2012 points for DVC stays (MS should use them first automatically). Then, if you have unused 2013 points in late September 2013, bank those to use in DVC the next year. If you manage your points properly, you shouldn't ever have to deposit them in RCI.

 

[lchan1982]

Hi julefish3, I have been following this thread for a few days and just want to tell you little about myself and make a couple of comments.

I came across the Disboards few years ago when I was planning my trip to Tokyo Disney in 2010 and WDW vacation in 2011 (Yes, the WDW trip was 2yrs in the making ) I have acquired tons of information regarding anything related to Disney. At first, this board was just for me to get information for my vacation at Disney and I have no intention to post anything on the disboards. After several priceless Disney vacation, with the help of this board, I felt obligated to contribute my "knowledge and experience".

What I am trying to say is that lots of people on this board has tons of knowledge and experience with Disney. All of us our huge Disney fans. We just want to present all the facts to you so you would make the "best" decision for your family. Many of us, including myself, felt we are obligated to inform you the truth. The bottom line is that everyone is trying to help (some better than others ).

From your last couple of posts, it seems you decided to keep your DVC? For myself, and many of my fellow posters, I respect your decision.

One more thing, WELCOME HOME!!

 

[julefish3]

Thank you for all of the explanations regarding the points! I actually think I understand everything, mostly.

As you can see, my husband and I decided to keep the dvc contract and we already are loving our decision. We understand that we spent more money buying direct but we are ok with that decision for personal reasons. Buying more points on the resale might be an option.

We are actually planning out of vacations for the next few years and we might travel on the Rci network next year (yes might be a bad use of points). If I do that would I just deposit my points this September? Or do I still bank them? I guess I'm wondering if I can use banked points right away for Rci travel or do I have to bank them, wait until they would expire, then deposit into Rci.

We are thinking of going to cabo, any suggestions?!

Thanks for the warm welcome!!

 

[DougEMG]

Welcome home, time to enjoy your points now

 

[JimMIA]

We are actually planning out of vacations for the next few years and we might travel on the Rci network next year (yes might be a bad use of points).

Might be for the reasons I explained earlier. But if you understand the limitations and can find an exchange you are comfortable with, that's really all that matters. The true test is not whether every beancounter on the planet likes the math; the relevant thing is whether YOU are satisified.

If I do that would I just deposit my points this September? Or do I still bank them? I guess I'm wondering if I can use banked points right away for Rci travel or do I have to bank them, wait until they would expire, then deposit into Rci.

I would say try a search first, without depositing. If that's not successful, then start an on-going search.

I haven't exchanged to Mexico, but I've heard that it's pretty easy. Don't know what the DVC options are there, and I haven't stayed at any of them, so hopefully someone (Dean, maybe) will have some good suggestions.

Also be aware that there is a $95 exchange fee. If you make any changes, cancellations, etc, you pay the $95 each time. Although people complain about the $95 fee, it's actually a low exchange fee compared to most systems.

Good luck!

 

[starry_solo]

I also didn't think resale was the way to go b/c I read that you can't use your DVC to travel to non disney resorts if you bought on the resale. (?) And as I mentioned I would like to travel all over the world on the RCI network using my DVC points. But again people on here are saying that it isn't worth it. Isn't that the whole concept behind "banking" points in "the world." (i.e. so you can travel all over). We also got a really good deal as Disney was running a 20% off special for the 20th anniversary. And I am a consumer protection attorney and I am very skeptical of most companies these days (unfortunately).

Sorry I didn't read all the responses, but I am pretty sure that if you join RCI yourself (pay for the membership), you can still put your DVC points into there and use a RCI resort with your points.

DVC gives you access to RCI without having to spend the membership fee (which is how they can prevent resale points from being used for RCI) but as I said above, if you pay for your own RCI membership, you *may* be able to deposit your DVC-resale points there for use with RCI (or even II).

 

[Deb & Bill]

Sorry I didn't read all the responses, but I am pretty sure that if you join RCI yourself (pay for the membership), you can still put your DVC points into there and use a RCI resort with your points.

DVC gives you access to RCI without having to spend the membership fee (which is how they can prevent resale points from being used for RCI) but as I said above, if you pay for your own RCI membership, you *may* be able to deposit your DVC-resale points there for use with RCI (or even II).

DVC does not entitle you to RCI individual membership, only the DVC limited membership.

Remember, too, if you are looking at an all inclusive, you will only be paying for the lodging and will need to pay for the extras. Your points won't pay for that.

 

[KAT4DISNEY]

(which is how they can prevent resale points from being used for RCI) but as I said above, if you pay for your own RCI membership, you *may* be able to deposit your DVC-resale points there for use with RCI (or even II).

Except DVC does not restrict resale points from being used in RCI so there isn't any need for someone who purchases resale to attempt a work around.

 

[zavandor]

If you are interested in exchanging into RCI, you may want to join Tug: http://tugbbs.com/forums/
It's a forum dedicated to various timeshares and for members (I think the quote to join is 15$) there are a lot of reviews of RCI resorts.
Since not all RCI resorts are available to DVC members, you should first see which resorts are available in the destination you like, then read the reviews to find resorts you are interested in, then call MS to see if anyone is available to exchange.
All of this should be done at least one year in advance (or even more) for bigger chance of success.

Consider that the Orlando area is overdeveloped with timeshares, so there is a lot of offer of weeks from the Orlando area in RCI. High offer ==> low trading power. RCI does not care that you are depositing a week from DVC, it will consider it a low demand week and that will limit your choices. If you are looking to prime destinations (for example: Hawaii) you should look for low season to have any chance.

 

[JimMIA]

Remember, too, if you are looking at an all inclusive, you will only be paying for the lodging and will need to pay for the extras. Your points won't pay for that.

And get the price for the all-inclusive, because those costs can be HUGE.

 

[JimMIA]

If you are interested in exchanging into RCI, you may want to join Tug: http://tugbbs.com/forums/
It's a forum dedicated to various timeshares and for members (I think the quote to join is 15$) there are a lot of reviews of RCI resorts.

Good suggestion, and the $15 price was correct last time I renewed.

Consider that the Orlando area is overdeveloped with timeshares, so there is a lot of offer of weeks from the Orlando area in RCI. High offer ==> low trading power. RCI does not care that you are depositing a week from DVC, it will consider it a low demand week and that will limit your choices. If you are looking to prime destinations (for example: Hawaii) you should look for low season to have any chance.

Orlando is certainly overbuilt, but I'm not sure DVC has low trading power. I know the TPU requirements exchanging into DVC are pretty high.

I believe DVC exchanges in a fixed way -- if there is availability, you get it at the points cost determined by the seasonal rating for the resort you are exchanging into, and villa size. In that kind of an exchange environment, I don't think trading power is relevant.

 

[Lil' Grumpy]

anyhoo, good luck, again!

( hope you was able to read my earlier encouragements. )
also i hope you realized, no medical professional would never
be that intrusive.

i think direct buyers and resales have different ideas about dvc.
and some of the comments here are echoing those differences.
i know when things did not matched up , lead me to reading
here. it didn't take long to"see" where things are going wrong.
especially when the expressions are selling, and/or making
over the top claims. but that info can help direct owners
to help dvc meet their needs. one good example , is the
one -time banking exception.

or learning the "values" of paying attention. (on the resort site,
when a person was trying to squeeze "7" in a studio, some
reacted to redirect away owners from not reporting when they see
others breaking the rules.) however, soon after , came the
" arrest" of indecent exposure incident. prevention is always
better than any cure.

the reactions you got can also help you understand what is
going on with the dvc system- good & bad. i know i keep
tract and print off those issues effecting our investments. and
i sharing the implications that can lead to problem solving.

i see you have set big goals for your dvc. i think learning the
system from all the angles, will help you accomplish them.

we have similar plans & so far , the exchanges here has helped
us to correct problems. and the first rule is recognizing where
the problem is.