If I get points on August 1 when is the last date I can bank 100%?

[DisneyKidds]

We are currently purchasing a couple of resales - YAY !!!!

One is at VWL and has an August use year and all of the 2001 points available. We will close in early February. When is the last date that I can bank all of the August 2001 points. I know it is 6 months - but is it 6 months from the time you get the points (ie - 6 months from August 1, or a banking deadline of Jan 31) or 6 months from the month in which you get the points (ie - 6 months from the end of August, or a Feb 28 banking deadline)?

If the banking deadline will be Jan 31 then I guess I'd have to ask the seller to bank the points for me. If it is the end of Feb I can do it myself.

Thanks again for the help!

 

[PamOKW]

January 31 is the deadline for banking 100%. April 30 for 50% and May 31 for 25%

 

[RobDoc]

An August Use Year allows 100% of your points to be banked by Jan. 31, 50% by April 31 and 25% by May 31 each year.

If you won't have the resale closed by Jan 31, better ask the seller to bank those points for you.

Good Luck!