How many times can you bank??

[WDWalways]

Are you able to keep banking unused points as much as you want or is there a limit??

To explain better as to what I am thinking of here's an example:

If I have 200 points and only use 150 and bank 50 for 2002 and do the same for '03, '04, and '05 would I have and be able to use 400 points in 2006?? Or do they have a limit on how many/much you can bank?? Thanks!!

 

[PamOKW]

No. You can only bank the points forward into the next Use Year. They must be used by the end of that year or they are forfeited.

There are also limits throughout the year as to what percentage of your total points can be banked. Early on it's 100% but it goes down to 0% in the last two months of your Use Year.

 

[Terry S]

Acutally, I think what your say is okay, as long as you bank by the deadlines. If you bank 50 of your 2002 points into 2003 you would then have to use your 50 2002 points first and add 100 of your 2003 points and you could bank 100 of your 2003 points. Subsequently in 2003 you would use your banked 100 points first, add in 50 from 2003 and bank 150. You get the point. You could do this until you had a total banked points of double the amount of your original points. So if you have 200 you could possibly have 400, but no more!

 

[buckylarue]

Not quite; the most you can bank is one years' points, plus you would have your current years' points, plus you could borrow the following years' points for a total of 3 times your yearly allotment. So in theory, if you had 200 points and only went on a DVC vacation once every 3 years (yeah, right! ) you would have 600 points to use each trip...

 

[Terry S]

buckylarue... You are correct, but since the question was about banking, I didn't get into borrowing.

 

[Dean]

While what you ask is correct, it doesn't seem to me that you have the concept down. You can bank every year up to the amount of current use year points, there are deadlines though. In your scenario, you would use 150 of the 02 points and bank 50 giving you 250 in 03 (50 banked). You'd then use 150 in 03 (100 current and 50 banked) and bank 100 to 04. In 04 you'd use 100 banked and 50 current and then bank 150 points to 05. In 05 you'd use all 150 banked and bank all 200 points to 06 having 400 (200 banked form 05 plus 200 current). That's where it's stop as for 06, if you only used 150 points, you'd lose 50 of the banked points. Many of us use this concept every day in one way or another both from a banking and a borrowing stand point.

The banking deadlines are important and you should learn them. One thing to remember is the deadlines and the TOTAL percent of points that matter now how many times you bank. So you could bank 100 points 9 months out and another 100 (in your scenario) before the 100% window of 6 months. This is where it gets tricky as it's based on your total points, not how many you have at the time. So if you bank half your points in the 100% window, once the 50% window opens, you can bank no more points even if you will lose them. There is the once in a lifetime double secret banking exception to fall bank on, if you know the handshake and the password.