Holding points

[Candace]

I saw in another post about depositing "expiring" points with II, so as not to lose them. Do any of you know if it is possible to do this with points in Holding? I have 137 in holding until 03/31/05, and I am not having any success with renting them. Thanks!

 

[Happy Birthday Cat]

You can use the points for what you are describing but you need to follow the rules. The DVC web site says the following:

"You can use these Vacation Points for an exchange through The Disney Collection, Concierge Collection, Adventurer Collection, and World Passport Collection if you make the reservation 60 or less days before the new arrival date and more than 60 days before the end of your Use Year."

You should call DVC. Accroding to these rules, you really only have the month of January to use the points.

HBC

 

[spiceycat]

call ms now - you don't need to make a reservation first - MS will do if for you if they can.

 

[Candace]

Are you saying that I would *HAVE* to travel before the end of March, 2005? I was hoping that I could deposit them for a trade later on (AFTER March 31, 2005) in the II collection. Per DVC rules, it sounds like it's January or nothing. I just got back last week from WDW, and since I am a teacher, my times are pretty specific that I can take off. Those times, which are MLK weekend and President's weekend, are pretty much already booked. Oh well, maybe someone will rent them.

 

[Dean]

Per the rules as I understand it, you'd have to deposit inside 60 days which means you could only request inside 60 days. You should call MS ASAP and ask if you can do a deposit that will not be a late deposit and deposit either 134 points or 160 points, high season for a studio and 1 BR respectively. They may let you do this. You may also want to ask if you can use your one time exemption and bank them AND take them out of holding account status. You could also reserve specific time and put it up for rent at $7-8 pp or simply try to rent at that price since the points are distressed. Or you could offer a swap with another member to use your points now and get some in return for later. Even if you get 100 later for 137 now, you are likely better off than any of the other options.

I'd be especially interested in what MS says about the late deposit or not.

 

[PamOKW]

I'm a little unclear about how you go about depositing points into II for future use so I'll let the experts tackle that one.

I just wanted to give you another heads up about using your points. If your Use Year ends 3/31, you won't be able to make a reservation for any non-Disney resort from January 31-March 31. You can't make non-DVC resort reservations during the last 60 days of your Use Year. (You can travel during that time but the reservation has to be made before the deadline.)

 

[Happy Birthday Cat]

If II doesn't work out, another option might be using the points at a concierge collection hotel for a long weekend. Just don't let the points expire. Call MS and see what they say about the deposit before giving up.

A few years ago I was able to stretch out the life of some banked points by doing what you are describing. They weren't in holding though and that made it a little easier.

Good luck. Let us know what MS says.

HBC