Need Your Help ASAP!

[dairyou]

My husband is taking a 50percent pay cut and we used all our points for a vacation in October. I've read it a million times but didn't pay attention. What will happen to my points if we can't go?

Worried...Help?

 

[Suz333]

If you cancel 31 days before your trip your points can be used later within your current use year. Banking and borrowing are considered final transactions so any moved points would have to be used up in the use year.

If some or all of the points were from your current use year, those can be banked IF you're still in the 1st 8 months of your UY.

So for example, I have 2 use years. My August UY points are bankable during the months of August through March. After March 31 any current UY points I have not used or banked must be used by July 31 or they expire. I could cancel an October reservation and get my points back, and bank them if I wanted.

On the other hand, my December use year points would not be as flexible. My December use year points can be banked between the months of December and July. But during the last four months of my use year (August through November), my points are not bankable. Therefore I would have to use those points no later than November 30.

But, if you cancel your reservation too close to the beginning of your trip, your points go into holding. Holding points must be used in your current use year and cannot be used to create a reservation more than 60 days out. This makes them more difficult to use.

I can't remember if the deadline is 30 days out or 31.

[edited to add it's 30 days out. I googled "DVC holding points " to double check. Also, I'm sorry to hear about your family's reduction in income, and I hope things get better for you soon.]

 

[Cyberc1978]

My husband is taking a 50percent pay cut and we used all our points for a vacation in October. I've read it a million times but didn't pay attention. What will happen to my points if we can't go?

Worried...Help?

I'm sorry to hear that.

If you cancel 31 days or more before your vacation then you get all your points back. If you cancel less than 31 days then your points go into holding. If you cancel less than 1 day you loose your points.

Points in holding can only be use 60 days out and they can't be banked and needs to be used before the end of the use year.

 

[Cyberc1978]

If you have an October reservation maybe you can rent it instead?

 

[dairyou]

I forgot to mention they were borrowed points we used.

 

[Cyberc1978]

I forgot to mention they were borrowed points we used.

Borrowed points can't be I borrowed they need to be used before the end of the use year in which they were borrowed into.

I would still recommend that you rent your reservation unless you know you will be able to go before the end of your use year.

 

[AnnaKat]

Sorry about your husband's pay cut.

David's allows dedicated reservations.
IF your reservation is during the fall(F & W)
it could be snatched up within an hour!

 

[Shellyred8]

I would try renting the points through David's. I listed my dedicated reservation with them and had a renter within 2 hours. October is a popular time, so hopefully you should be able to find a renter quickly.

Good luck!!

 

[suebeelin]

My husband is taking a 50percent pay cut and we used all our points for a vacation in October. I've read it a million times but didn't pay attention. What will happen to my points if we can't go?

Worried...Help?

End of October- I agree- try to rent out via Davids. Is the reservation at DW or aulani/HHI/vero/California? If at DW, it'll be easier bc food n wine.

You can also chop up the reservation if needed (someone rents 2 days here, 3 days there). Just call member services.

Good luck and sorry about the pay cut