How's that 25pt. only purchase working out for you?

[westjones]

They could also pay cash for some nights if they were out of points but still wanted to go. It could work. Or they could do a split visit by using points at a DVC and then move to another resort (for cash). They could also combine a trip on points at WDW with one of the shorter Disney cruises. That is what we are doing in March. Going on the DCL for 4 nights and spending 3 nights at WDW.

OR they could go over to Universal Studios or Sea World for a few days.

I think they could make 25 points work if they are creative and don't want to go every year.
DJ

 

[RobDoc]

300% meaning YOUR OWN points in any given Use Year. This does not impact a transfer in from another member - Unless something has recently changed (?) - we've had a transfer in of points when our previous, current & upcoming Use Year points were in one use year... did we just get lucky with MS CM who handled the transaction ?

Can someone here confirm this ?

The reference to 300% is for the points in your contract and is in addition to any transfers into the account. It is basically another confirmation of the inability to bank points more than one year or borrow more than one year ahead for a reservation.

In the same context, MS also currently allows the banking of transferred points, but that was not allowed in the early documents.

There have been a number of changes over the years - some are very subtle, others not-so-much.

 

[ldo]

Someone posted a few months ago about buying a small contract and then just getting points transferred into their account if they wanted a bigger trip and several on this BB said TOTAL points (including transfers) could not be over 300%. So, now I am wondering which it is? I would LOVE to hear that transferred points do not count in the total, as well.

 

[Blahnde]

I'm surprised that WebmasterDoc did not mention this, but depending upon your use year and travel dates it is actually possible to use 4 years worth of points at one time.

An example may help. Let's say your use year is March so your points' usage runs from March 1 - February 28. So if you travel in late February into March of 2009, you could use banked 2007, current 2008, and borrowed 2009 points for the February portion, and borrowed 2010 for the March portion of your trip. So if your friend always travels at the same time of year and is a good planner this could add some flexibility to his use of a small contract.

I will, however, clearly state that this strategy could also be very risky. If for whatever reason the above example trip was cancelled last minute, you would have three years of points in holding with little or no time to try to rebook before they expired. And since banking and borrowing is a final transaction, there would not be much hope in fixing it.

But, personally, I have found this information to be good to know for those once in a lifetime, huge, blowout-type trips! But it would apply equally to those who cannot travel annually and/or small contract holders.

Blahnde

 

[westjones]

I'm surprised that WebmasterDoc did not mention this, but depending upon your use year and travel dates it is actually possible to use 4 years worth of points at one time.

An example may help. Let's say your use year is March so your points' usage runs from March 1 - February 28. So if you travel in late February into March of 2009, you could use banked 2007, current 2008, and borrowed 2009 points for the February portion, and borrowed 2010 for the March portion of your trip. So if your friend always travels at the same time of year and is a good planner this could add some flexibility to his use of a small contract.

I will, however, clearly state that this strategy could also be very risky. If for whatever reason the above example trip was cancelled last minute, you would have three years of points in holding with little or no time to try to rebook before they expired. And since banking and borrowing is a final transaction, there would not be much hope in fixing it.

But, personally, I have found this information to be good to know for those once in a lifetime, huge, blowout-type trips! But it would apply equally to those who cannot travel annually and/or small contract holders.

Blahnde

I never thought of that. Wish our use year was in the summer instead of April. We could take advantage of this kind of planning. I didn't give any thought to use year when we bought and I sure wish we had. Our spring break is always in March and our use year is April so that makes it really bad for us. If we cancel our spring break trip we have no time to reschedule it.

It is a good use year for summer trips though. But a June use year would work very nicely for what you described. Go the last week of June and then add the first week of July and get to use 4 years worth of points in one trip!

DJ

 

[permavac]

The reference to 300% is for the points in your contract and is in addition to any transfers into the account. It is basically another confirmation of the inability to bank points more than one year or borrow more than one year ahead for a reservation.

In the same context, MS also currently allows the banking of transferred points, but that was not allowed in the early documents.

There have been a number of changes over the years - some are very subtle, others not-so-much.

That all sounds good to me!

 

[5forDiz]

Thanks for replies Webmaster Doc & Blahnde

 

[RobDoc]

I never thought of that. Wish our use year was in the summer instead of April. We could take advantage of this kind of planning. I didn't give any thought to use year when we bought and I sure wish we had. Our spring break is always in March and our use year is April so that makes it really bad for us. If we cancel our spring break trip we have no time to reschedule it.

It is a good use year for summer trips though. But a June use year would work very nicely for what you described. Go the last week of June and then add the first week of July and get to use 4 years worth of points in one trip!

DJ

No, that example would not work to use 4 years of points (unless you have a HUGE number of points to work with - even for a studio). In order for that to apply your reservation must straddle two Use Years. With a June Use Year, the dates would need to include late May and early June.

Let's say you have 200 points (makes the math easier for me). You've banked your June07 points so they are good thru May, 2009. You can use points from the current Use Year and even borrow from the 2009 Use Year for any of the dates thru May 31, 2009. For dates in this reservation for June 1, 2009 or later, the banked 08 points, current 09 points and borrowed 10 points may be used.

If you wanted a stay in a GV at OKW from May 24, 2009 and departing on June 6, 2009 you would need a total of 771 points. 484 would be needed for the dates thru May 31 - and you could use the 200 banked 07 points, 200 current points from the 08 Use Year and borrow 84 from the June, 2009 Use Year. The points needed for the 5 nights in June would be 287 and could come from the remaining 116 in the 2009 Use Year and then borrow the remaining 171 from the 2010 use Year. The entire trip could have been reserved this past July.

As Blahnde noted, the problem with this would be if the trip needed to be cancelled - especially within 30 days of arrival - it could cause real problems re-using all of those points - but the thought of a BIG trip of that magnitude is fun to think about!

 

[snowbunny]

I own 28 points at VWL. Obviously not enough points to do a lot with, but with 100,000 DVC members, there is always someone willing to transfer a pile of points for cash, as long as your friend is not picky about the resort the points are associated with (i.e., has to book at his resort at 11-month window). I have low maintenance fees, ability to add on through DVC in 25-point increments if I want to, and I control my own reservations. This way is not for everyone but it can be done if he's flexible.

 

[Nikisha421]

just let him know that it will be very hard to get transferred points with such a small contract b/c there is a rule that you can only have 300% of points in any given UY--so, if you bank and borrow and use the current UY, you have 300% or 3X the points you own--BUT, then you can't get any points transferred into your account that make you go over the 300%, or if you get transferred points, you can't bank/borrow to go over 300%. I did not know this when I bought my contract of 50 points.
A

....you learn something new everyday...

 

[ldo]

Several here have posted that transfers do NOT count towards the 300%--which is contrary to what was posted in response to a similar question a few months ago--I was a bit bummed to read this a few months ago, so I am hoping those on this thread are correct. Elaine

 

[thesupersmartguy]

We bought 28 points, and are sure they will work out perfect.