Penalty for Cancellation?

[DisDisDisney]

Hi all,

Can someone help me with a couple of questions? If I cancel a reservation 30 days or less from arrival (using current use year and borrowed points), I understand that my points go into a holding account. Then, someone mentioned that because of this you will only have 60 days or less to call from day of arrival.

Does this mean that If I wanted to make another reservation, say on December 1st, 2011 I would only have until about October 1st, 2011 to make a reservation because of the penalty I would get from cancelling the previous booked reservation? Is this what is meant by 60 days or less to call from day of arrival?

Also is there a cancellation fee?

 

[Disneycouple99]

Correct. No fee for canceling.

 

[erionm]

Holding account information from the member website:

A Holding Account is a "parking space" for Vacation Points from a Disney Vacation Club Resort reservation that has been modified or cancelled 30 days to 1 day before your scheduled check-in date. Here are some guidelines regarding usage of Holding Account Vacation Points.

• These Vacation Points can be used for a new Disney Vacation Club Resort reservation during your current Use Year as long as the reservation is booked 60 or less days before the new check-in date.
• These Vacation Points can also be used for a new reservation during your current Use Year in two ways:
  
  • For the Disney Collection* (except Disneyland Resort in California and Tokyo Disney Resort hotels), Concierge Collection*, or Adventurer Collection*, you can make the reservation more than four months before the end of your Use Year for a check-in date that is 60 or less days before the new check-in date.
  • For Disneyland Resort in California and Tokyo Disney Resort hotels, or the World Passport Collection, as long as the reservation is booked 60 or less days before the new check-in date.
  * Available when you purchase directly from Disney.
  
• These Vacation Points cannot be banked or borrowed.
• These Vacation Points must be used by the end of the Use Year or they expire.

There is no monetary fee to cancel.

 

[JimMIA]

Does this mean that If I wanted to make another reservation, say on December 1st, 2011 I would only have until about October 1st, 2011 to make a reservation because of the penalty I would get from cancelling the previous booked reservation? Is this what is meant by 60 days or less to call from day of arrival?

The way you worded it, I'm not sure you really understand the limitation.

Holding account means that you can't make a reservation earlier than 60 days prior to arrival. So, in your example, for a Dec 1 arrival, you would have to call on Oct 1 or LATER.

Also is there a cancellation fee?

Just confirming the above poster -- no.

 

[dzorn]

Hi all,

Can someone help me with a couple of questions? If I cancel a reservation 30 days or less from arrival (using current use year and borrowed points), I understand that my points go into a holding account. Then, someone mentioned that because of this you will only have 60 days or less to call from day of arrival.

Does this mean that If I wanted to make another reservation, say on December 1st, 2011 I would only have until about October 1st, 2011 to make a reservation because of the penalty I would get from cancelling the previous booked reservation? Is this what is meant by 60 days or less to call from day of arrival?

Also is there a cancellation fee?

I know you are just giving an example, but remember holding points does not mean that anything will be available when you call. I would not plan on attempting it at a busy time of year (as the Dec example). Your best bet is to try and use them in slower times early in UY so they don't expire before you are capable of using them.

Denise in MI

 

[chalee94]

if you are trying to find a room at less than 2 months out, you may find DVC completely booked up.

or you may find a studio at SSR for 2 nights followed by only a 1BR at BWV for one night and then only a 1BR at OKW for a couple more nights...

as dzorn points out, trying to use holding pts for a stay in early december (a peak DVC reservation period) is a recipe for failure...