New Transfer Rules for Borrowed and Banked Points.

[Shelly F - Ohio]

We can now transfer borrowed and banked points.
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://cdn1.parksmedia.wdprapps.di...teral-docs/MS-POS-Insert_12_2024-01-03-25.pdf

 

[JackosinDIS]

Interesting! And holding points can also be transferred.

It also looks like transferred points can now be borrowed.

Does everyone else read it that way?

 

[JackosinDIS]

@VGCgroupie you’ll have to update your thread now

 

[Sandisw]

I have to compare but one thing I notice is that it mentions not being able to use them without a direct ownership from DVd.

Could this be DVc closing the loophole that owners of restricted resorts can get access to them via transfer???

NEVER MIND…it’s not different!!

 

[JackosinDIS]

I have to compare but one thing I notice is that it mentions not being able to use them without a direct ownership from DVd.

Could this be DVc closing the loophole that owners of restricted resorts can get access to them via transfer???

I read that as not allowing transferred resale points to be used for membership extras… like buying an AP maybe?

 

[Brian Noble]

Among other things, I believe it means you cannot wash dirty points by transferring them. For example, if the points, at their source, are not eligible to e.g. book Riviera, then the transferee likewise cannot use them to book Riviera.

I recall that language being there before; I don't think that's new.

 

[pkrieger2287]

Disney Vacation Club Updates Transfer Rules: More Flexibility for Members​

Disney Vacation Club has updated its transfer rules, offering more flexibility than ever before. Members can now transfer banked, borrowed, reservation, and holding points, opening up exciting new possibilities for managing your points.
Want to know what these changes mean for you? Head to DVCFan.com to read our full breakdown and learn how these updates could impact your next Disney vacation!
https://dvcfan.com/general-dvc/disn...-transfer-rules-more-flexibility-for-members/
#DVC #DisneyVacationClub #DVCFan #DisneyNews #DisneyVacation

 

[JackosinDIS]

Among other things, I believe it means you cannot wash dirty points by transferring them. For example, if the points, at their source, are not eligible to e.g. book Riviera, then the transferee likewise cannot use them to book Riviera.

I recall that language being there before; I don't think that's new.

yes you’re right… that language was already there.

It just appears to be new rules allowing reservation points, holding points, banked and borrowed to be transferred. Plus transferred points to be borrowed.

 

[Sandisw]

What I do find interesting is that this is for the multi site POS and there is NO update for booking procedures, or rentals.

And these addendums are typically submitted in December.

Not to say we won’t see another one…but we need to monitor closely now!!

 

[tx911]

Now if they would just allow 2 per year (one in, one out).

 

[AstroBlasters]

Now if they would just allow 2 per year (one in, one out).

It’s unlimited if it’s between your own memberships.

 

[AstroBlasters]

This is fantastic news for anyone with multiple UYs!

Now… combine that with cheap OTUP points through MBB…. <happy dance!>

 

[Sandisw]

This will also allow owners who want to use points for the AP to have a lot more flexibility when they have multiple memberships!!!

 

[Cyberc1978]

According to the new revision of the Multi Site POS dated 12/2024 banked and borrowed points can now be transferred to another member.

MS pos attached.

 

[Tatebeck]

Article Here: https://dvcnews.com/dvc-program-men...ey-vacation-club-relaxes-point-transfer-rules

As I said in another thread I think this is a good thing for members with multiple use years as it will help make sure points aren't expiring.

Are there any downsides that anyone can think of that may come from this?

 

[chalee94]

Are there any downsides that anyone can think of that may come from this?

Just that if fewer points are going to waste, then more rooms are getting booked up. If you think availability is tight already, things might get even tougher...

 

[VGCgroupie]

Just to clarify, can OTUP purchased from Disney be transferred to your other memberships? To a 3rd party?

 

[Sandisw]

Just to clarify, can OTUP purchased from Disney be transferred to your other memberships? To a 3rd party?

No....OTU points are only for the use in the membership in which they were bought.

 

[Genie+]

Just that if fewer points are going to waste, then more rooms are getting booked up. If you think availability is tight already, things might get even tougher...

I figure DVD/Disney is eager to clear up any and all breakage they can muster, so hopefully this just means owners have more flexibility moving points around and we don’t see much difference in availability from the change.

 

[Sandisw]

This is the only other part of the document that is different. It has an added ability to transfer for exchanges...the bolded part is what is new.

During a given Use Year, only one (1) Transfer per Club Member or Club membership, either as Transferee or Transferor, will be permitted, unless the transfer is for the sole purpose of booking an External Exchange reservation and the Home Resort Vacation Points are beingimmediately used to complete the reservation.

The one thing they did not do is put in the rules that owners may transfer unlimited times between memberships they own, so that remains at DVC's discretion....