Help with planning banking/borrowing my points

[NanaOsaki06]

I'm a new DVC owner. I purchased 150 points at the Polynesian recently, and with my purchase I got 2018 points as well. My use year begins in December, and we're planning an October 2020 trip for 9 days & 8 nights. I won't use up all my points doing so, and I'd rather not waste my points. I was hoping to take a small trip in 2021 with my left over points, so I guess I need to figure out how to bank some 2019 points to do so, correct? I was going to use my 2020 and 2021 points for a trip in 2022 and hopefully get a 2 bedroom villa somewhere so we can go with more family. So, I guess can a newbie get some help? Thanks!

 

[aokeefe]

First you will need to bank your 2018 points by this July 31. Your Oct 2020 trip will be using your 2018 and 2019 points. You can book your October 2020 trip in November 2019 (for Polynesian stays only; it is highly recommended you book Poly so you have a place to stay in case you can't find something at the 7 month mark). Any 2019 points leftover with this booking will need to be banked by July 31 2020. You can bank them online or by calling.

 

[disneynutz]

You really need to take some time to understand how DVC works before you make an error that causes you grief.
Points can only be banked during the first 8 months of your UY. Your UY is not a calendar year. Points need to be available during the dates of your stay, not when you make the reservation. Banking moves points one UY forward, borrowing moves points one UY back. Banking and borrowing are final transactions and can not be reversed.

Bill

 

[bumbershoot]

You really need to take some time to understand how DVC works before you make an error that causes you grief.

Agreed. And since December UY is probably the most difficult one to understand, some study is truly necessary.

 

[Deb & Bill]

Agreed. And since December UY is probably the most difficult one to understand, some study is truly necessary.

I was just going to say the same thing. When everyone else is thinking about 2020, you are just starting your 2019 UY in December.

 

[NanaOsaki06]

Agreed. And since December UY is probably the most difficult one to understand, some study is truly necessary.

Can you explain why December use year is the most difficult? I'm just trying to understand and really get the concept to maximize how I use my points. Thanks so much for your help.

 

[Deb & Bill]

Can you explain why December use year is the most difficult? I'm just trying to understand and really get the concept to maximize how I use my points. Thanks so much for your help.

Feb UY runs from Feb 1 through Jan 31. Almost like calendar year. Dec UY runs from Dec 1 through Nov 30; it starts at the end of the calendar year. So when you are thinking 2019 points, they are good from Dec 1, 2019 to Nov 30, 2020. So 11 months of the calendar year are already gone before your UY even starts. And if you pay your annual fees in a lump sum, you paid for your 2019 points back in January.

You need to think of UY similar to fiscal years like businesses use.

 

[CarolMN]

Spend some time with this thread:

Understanding Use Year

You'll soon be helping out other DVC posters!

Congrats and welcome home!

 

[NanaOsaki06]

Spend some time with this thread:

Understanding Use Year

You'll soon be helping out other DVC posters!

Congrats and welcome home!

Thank you! That was really helpful! I think I figured out what I need to do with my points.

 

[bumbershoot]

Feb UY runs from Feb 1 through Jan 31. Almost like calendar year. Dec UY runs from Dec 1 through Nov 30; it starts at the end of the calendar year. So when you are thinking 2019 points, they are good from Dec 1, 2019 to Nov 30, 2020. So 11 months of the calendar year are already gone before your UY even starts. And if you pay your annual fees in a lump sum, you paid for your 2019 points back in January.

You need to think of UY similar to fiscal years like businesses use.

Yep.


I have that February UY. So when I started reading the original post I started thinking “Um, no, that’s not going to work”

But December UY changes everything.

I suppose if it’s all you know, it might not feel complicated. But I’ve seen enough posts of UY and when-to-book confusion that I know at some point down the road confusion will pop up. Even with Feb UY it can get weird sometimes! (Usually it means I need to have a snack, but still. )