How much time to bank points?

[Degli]

How much time do you get from DVC to bank 100% of your points? Is it 3 months to the end of your use year?

 

[cooz]

you can bank 100% in the first 6 months. 50% to 3 months. Then 25%

 

[wdwstar]

when is your use year?

 

[dianeschlicht]

Keep in mind the banking is cumulative. For instance, if you bank 25% of your points in the first 3 months, you will only bank an additional 25% at 3 months before the end of the UY. We usually book our trips at the 11 month window and bank right away. If we want to take a last minute trip, we just borrow for it.

 

[cooz]

Diane,

I never realized that. Let me see if I got this right. I could bank 100% of my points at 6 months. Then if I decide to go on a trip before my new use year. I could borrow the points I need? Then when my new use year does come, Those 100% of banked points become available? So it would be the same as if I didn't have to borrow or bank? I hope that wasn't to confusing.

 

[dianeschlicht]

That's about it. I like to bank as soon as I make the ressie. The only thing you have to be sure of is that you use at least as many points as you banked into the next UY before the end of that UY. I keep a running tally. I am so paranoid about thinking I might forget to bank, so I do it that way. Only had to borrow once, and that was this year. I had already banked and then we needed extra points for the trip with our DS and SO.

 

[OneMoreTry]

Originally posted by cooz
Diane,

I never realized that. Let me see if I got this right. I could bank 100% of my points at 6 months. Then if I decide to go on a trip before my new use year. I could borrow the points I need? Then when my new use year does come, Those 100% of banked points become available? So it would be the same as if I didn't have to borrow or bank? I hope that wasn't to confusing.

You can't borrow banked points.

You could still borrow the next year's points, but not the points you had banked.

 

[wdwstar]

once you bank you points, and you want to make a ressies and it is before your use year, ms borrows points from the new use year and if you cancel the ressies those points remain in that use year.

example: you banked your 2002 points and your use year is nov., you want to make a last minute trip in oct. you can not use your 2002 points until nov..2003 until they are deposit into your account again. instead ms will borrow from your 2003 points to make the ressies. now after you make the ressies you decide to cancel 31 days before your arrival, your 2003 points retain the 2003 use year and you have to use them by the end of 2003 year ends. and when you get your 2002 point deposit those points need to be used by the following year oct.2004.