How many points can I have in the bank?

[notaclue]

We are acquiring more points than we can use. We bought 200 pts several years ago thinking our grown kids would go to WDW more frequently. Now they are all saying they can't afford to go unless we pay all their expenses which is SO not going to happen. Is there a max number of points we can bank? What happens to points if you can't use or bank them? TIA

 

[dvcterry]

You can bank all 200 of your points within your banking window. Once you bank your points they go into the next UY and must be used within that UY to which you banked them into. It's a final transaction. If you don't use them, you will lose them.

 

[dianeschlicht]

If you aren't going to use them, why not rent them out to help pay the maintenance on them?

 

[notaclue]

You can bank all 200 of your points within your banking window. Once you bank your points they go into the next UY and must be used within that UY to which you banked them into. It's a final transaction. If you don't use them, you will lose them.

So I have 200 banked last year (Aug use year) and 200 from Aug '12 that I need to bank by March 31. Does that mean when I get 200 more in Aug '13 I have to use some or I'll begin to lose points? Sorry for being so dense. Thanks again.

 

[vicki_c]

So I have 200 banked last year (Aug use year) and 200 from Aug '12 that I need to bank by March 31. Does that mean when I get 200 more in Aug '13 I have to use some or I'll begin to lose points? Sorry for being so dense. Thanks again.

You can only bank once. So if you banked 2012 points into 2013, they will all have to be used by the end of your 2013 year. There is no number limit.

 

[mcorbo]

The most points you can ever have in 1 use year would be 3 times the number of points that you own. That would be from your current use year points, your prior use year that was banked, and your next use year which you could borrow. Banked points are only good for that 1 additional year. After that, they expire. Borrowed points are only good for the use year that you borrow them into and then they too will expire.

 

[DebbieB]

So I have 200 banked last year (Aug use year) and 200 from Aug '12 that I need to bank by March 31. Does that mean when I get 200 more in Aug '13 I have to use some or I'll begin to lose points? Sorry for being so dense. Thanks again.

Your August 2011 points banked can be used for stays 8/1/12 to 7/31/13, after which they expire. Your August 2012 points are good for stays 8/1/12 to 7/31/13. If you bank them, they are good 8/1/13 to 7/31/14 or expire. All points use is based on date of stay, not when you make the reservation.

 

[Breyean]

The most points you can ever have in 1 use year would be 3 times the number of points that you own. That would be from your current use year points, your prior use year that was banked, and your next use year which you could borrow. Banked points are only good for that 1 additional year. After that, they expire. Borrowed points are only good for the use year that you borrow them into and then they too will expire.

While true, I wanted to jump in with what just happened with my sister's points/reservations yesterday.

She was supposed to meet us ay WDW for a family reunion later this week. Unfortunately she lives on Long Island and her house was severely damaged by Sandy. She still has no power and is spending the days at a local library for warmth and the use the internet, etc. Then back to a freezing house at night.

She called MS yesterday to cancel her reservations because there's no way she can even think about leaving her house with all the work she needs done, such as new garage doors (blown out by the force of the water), new furnace and hot water heater, as well as carpet removal (water reached 5-6 feet inside their house, even taking out the fuse box). They have been able to get someone to pump the remaining water out, but are now worrying about mold on the sheetrock walls.

Anyway, MS told her since was 7 days until the reservation date, the best they could do was let her put her points (she had used 287 for the trip) into an RCI exchange. She just joined DVC last year and this was to be her first trip as a member, and she was using 220 points banked from 2010 and the rest from 2011. She was understandably disappointed, but grateful that she could salvage anything from it.

About an hour later, she got a call from DVC, I don't know what level this new CM was. She told my sister, given the circumstances, they would let her have the 220 2010 points back banked until next year (she has a Dec UY) and the same with the remaining 2011 points.

They also refunded the park tickets she had purchased (which were special limited time event tickets offered for the W&D 1/2 Marathon, which we were to run).

So, since her next UY starts Dec 1, she'll have access to 220 points each from 2010, 2011, 2012 and another 220 she could borrow from 2013, not that she has to. She will have access to FOUR years worth of points!!

It's a shame, and not an everyday event, but DVC was so nice to her I wanted to mention it here that now she has SO many points the next couple of years she doesn't know what to do! I suggested she throw some my way, since we're still going, but will miss the reunion part of the trip, which is very disappointing.

 

[stmize]

Very nice jesture on ms part

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