If buying new how can you tell what old points you get?

[Marc A.]

If buying from DVC let's say today how can you figure what old points you'll be getting.
For instance buying 200 pts for AKV, UY August??
When would you need to use the old points by or bank them by???
Thanks

 

[spiceycat]

buying new - they did allow different banking rules. So you could definitely bank them or you could.

for using them August of this year. they would be 2007 points. you would get 2008 in Aug.

 

[Caskbill]

When you purchase new, you get "Current Year" points. Thus it depends on what use year month you buy.

For example, if you purchased a February use year, you would get 2008 points since the "current use year" for Feb goes 02/01/08 thru 01/31/09.

If you purchase an August use year, the 'current' year is 2007 since an August UY is currently within it's 2007 use year timeframe of 08/01/07 thru 07/31/08.

If you waited until Sep 2008 and purchased that same Aug Use Year, then you would get 'current' year points which would be 2008 points.

Normal banking deadlines are 8-months, so an August UY purchased today would get you Aug 2007 points which could be banked anytime before April 1st, 2008.

If you purchase a use year and are past the normal banking deadlines, DVC does allow you to still bank those points at the time you purchase. For example if you purchased a June Use Year month, you would get June 2007 UY points. The last day to bank June UY points is Jan 31st, so you would be past your banking deadline. DVC would still allow you to bank those points.

Hope this helps

 

[Marc A.]

So for instance, if I was buying today and got an Aug UY, I would have 2007 points to use before July 31, 08 or bank to next year by April 1, 2008, plus my 2008 pts (just purchased) plus any incentive points to be used w/in a year of closing. Therefore a ton of points basically to be used by July 31, 2009 (if not banked to the following year).
Am I correct????
Thanks alot.

 

[wildernessDad]

So for instance, if I was buying today and got an Aug UY, I would have 2007 points to use before July 31, 08 or bank to next year by April 1, 2008, plus my 2008 pts (just purchased) plus any incentive points to be used w/in a year of closing. Therefore a ton of points basically to be used by July 31, 2009 (if not banked to the following year).
Am I correct????
Thanks alot.

If you got August 2007 UY points, you would have until March 31, 2008 to bank them to next year or you could use them in the 2007 UY by July 31, 2008.

 

[qtzar]

So for instance, if I was buying today and got an Aug UY, I would have 2007 points to use before July 31, 08 or bank to next year by April 1, 2008, plus my 2008 pts (just purchased) plus any incentive points to be used w/in a year of closing. Therefore a ton of points basically to be used by July 31, 2009 (if not banked to the following year).
Am I correct????
Thanks alot.

You get the 2007 points now. To be used by July 31st 2007.

You get the incentive points now. To be used within 1 year from the date of your purchase/closing. These cannot be banked.

You don't get the 2008 points till Aug '08.

Hope that explains it.