Just when I thought I understood Use Years

[sap1227]

My use year is December. Does this mean I will be getting my 2003 points on December 1 and my 2002 points expire on December 31. That doesn't seem to make sense to me. Please someone explain when I get my new points and when my old points expire.

Thanks,
Christy

 

[FriendsOfEeyore]

Your 2002 points expire on Nov 30, 2003, unless you banked any of them.

 

[Merilyn]

You get your new 2003 points on Dec 1. Your 2002 points do expire on Nov 30, 2003. My use year is Sept and I have to bank by Feb of the next year to bank all of them. I would guess that puts you around May if you want to bank all of them. If you haven't banked by now it is too late to bank them all. Someone else will probably know more about banking, I rarely have to do that. You must use them or bank them. All have to be accounted for by the beginning of your next use year.

 

[jaysue]

Banking deadline would be May 31

We have December use year which works great for us since our major vacation periods are March and May

Thanks
jaysue

 

[Caskbill]

Make yourself a chart for your use year. For December it would look like this.

<b>U.Y.</b>.......<b>Vacation Dates</b>
2002.....Dec 1, 2002 thru Nov 30, 2003
2003.....Dec 1, 2003 thru Nov 30, 2004
2004.....Dec 1, 2004 thru Nov 30, 2005
2005.....Dec 1, 2005 thru Nov 30, 2006

etc.

You may bank points from one use year to the next.
You may borrow points from a use year into the previous year.

Banking deadlines are 6-months for 100%, 9-months for 50%, and 10-months for 25%. Banking amounts are cummulative. For example if you banked 50% of your points at 9-months, you cannot bank another 25% at 10-months. 50% is already greater than 25% so you could not bank any more.

If you banked 15% of your points at 9-months, you could bank an additional 10% of your points at 10 months to meet the maximum 25% accumulative total.

For December 2002 use year your banking deadlines are:
100% - Friday May 30,2003 (the 31st was on the weekend)
50% - Friday Aug 29, 2003 (the 31st is on the weekend)
25% - Tuesday Sep 30, 2003

For December 2003 use year,
100% - Friday May 28, 2004 (the 31st is Monday, a holiday)
50% - Tuesday Aug 31, 2004
25% - Thursday Sep 30, 2004

Hope this helps

<i> If you use my DVC Planner program, it will calculate all your banking deadlines, show total points you can have banked, and adjusts for weekends and holidays. It also combines your contracts (when they have the same use year) to show you the combined banking amounts).</i>