Points Help Please - I'm New

[DutchsMommy]

I am brand new to this so sorry for the 'newbieness' of my post LOL.

I would like to rent a 2 bdrm villa at SSR from Nov 11-18 2007. We just purchased SSR with a 150 point contract, Use Year of October, and all of 2006 points 'free'. The points needed for the Villa are 255. What I am trying to understand is, if I am borrowing 150 from the 2006 points and using 105 points from the 2007 points - leaving 45 points left in 2007 when do I get my next allotment of point to start using? I am not saying this very well....I want to try and understand whether beginning OCtober 2007 do my 2008 points start? So I will be banking 45 of my 2007 points, because a 2007 use year goes from October 2006 to OCtober 2007 OR between OCtober 2007 to OCtober 2008 I only have 45 points so I cannot go on another vacation until the earliest OCtober 2008 unless I borrow from my 2008 points? I suppose if that were the case then without the SSR 2006 points offer I would not have had access to the 150 points I purchased until the beginning of my use year which is OCtober?

One more question - does your use year start at the beginning of the month or the end?

Sorry the post is confusing! For some reason the UY is giving me grief.

 

[Sammie]

On October 1 2006, your account had 150

On October 1, 2007, your account will get another 150

On October 1, 2008, your account will get another 150 and so on.

If you need 255 to book not rent, the villa you want you will need to use all of 2006 points of 150 and borrow 105 points from your 2007 points leaving 45 in your account.

I have never borrow past one year, so someone else will have to help you past that.

 

[LisaS]

Welcome to the DVC boards! Understanding this whole Use Year concept can be a little confusing at first. It helps to think of your points this way: With an Oct Use Year,

your 2006 points are valid for stays from Oct 1, 2006 to Sep 30, 2007
your 2007 points are valid for stays from Oct 1, 2007 to Sep 30, 2008
your 2008 points are valid for stays from Oct 1, 2008 to Sep 30, 2009
etc.

If you bank some/all of your 2006 points, they can be used for stays from Oct 1, 2007 to Sep 30, 2008. The only difference between banked 2006 points and 2007 points is that the '06 points cannot be banked again into 2008 -- you must use them by Sep 30, 2008 or they will expire.

So now on to your questions:

I would like to rent a 2 bdrm villa at SSR from Nov 11-18 2007. We just purchased SSR with a 150 point contract, Use Year of October, and all of 2006 points 'free'. The points needed for the Villa are 255.

You want to book a stay at SSR for Nov 11-18, 2007. That stay falls within your 2007 Use Year. So you would use 2007 points to book that trip. You can also bank your 2006 points to use for that trip. So if you are not planning to use your 2006 points for a trip between now and Sep 30, 2007, then you should bank them and then use them for the Nov 2007 trip. Since that stay requires 255 points, you would use all 150 banked '06 points plus 105 2007 points. That leaves you 45 2007 points to use for another trip between Oct 1, 2007 and Sep 30, 2008. If you don't have plans to use them, then after Oct 1st, you can bank those 45 points into your 2008 UY and use them for stays from Oct 1, 2008 - Sep 30, 2009.

What I am trying to understand is, if I am borrowing 150 from the 2006 points and using 105 points from the 2007 points - leaving 45 points left in 2007 when do I get my next allotment of point to start using?

You will be banking the 2006 points into 2007. Borrowing points involves moving points forward one UY. So if you needed more than 300 points for your Nov 2007 trip, you could borrow points from your 2008 UY for that trip.

You will have 45 points left in your 2007 UY. You will have 150 points available in your Oct 2008 UY, 150 points in your Oct 2009 UY, 150 points in your Oct 2010 UY, etc. every year through Oct 2053.

I want to try and understand whether beginning OCtober 2007 do my 2008 points start?

Your 2007 UY runs from Oct 1, 2007 through Sep 30, 2008. Your 2008 UY runs from Oct 1, 2008 through Sep 30, 2009. And so on until your contract expires.

I only have 45 points so I cannot go on another vacation until the earliest OCtober 2008 unless I borrow from my 2008 points?

That's correct. You will have 45 points left in your 2007 UY so if you want to book another trip between Oct 1, 2007 - Sep 30, 2008 then you have the option to borrow points from your 2008 UY.

Just be aware that banking and borrowing are final transactions. Once banked or borrowed, the points cannot be put back in their original UY. If you cancelled a trip booked with banked or borrowed points, you would need to use those points for another trip before the end of that UY or they will expire.

Also your deadline to bank all of your 2006 points is Mar 31st.

I hope this helps!

 

[hematite153]

I think you've got your terminology crossed.

If it's a 150 pt contract with an October UY then...

As of October 2006 your account got its 150 2006 points. These points are useable until September 2007.

In order to use your 2006 points for a booking in November 2007 you will need to bank the 150 2006 points into your 2007 UY. (Make sure you meet the banking deadline since you can only bank all of your points if you do so in the first 6 months of the UY.)

If you bank the 2006 points into 2007 and you get your standard 150 2007 points (in Oct 2007) then you will have 300 points to use between October 2007 and September 2008.

If you then book a room for 255 points, you will have 45 pts remaining in your 2007 UY. You could bank these 45 pts (just make sure they are natural 2007 pts) into 2008.

If you bank the 45 2007 pts then you would have 195 pts to use between October 2008 and September 2009.

If you wanted to book another 255 point room in Nov. of 2008 you could use the 45 banked 2007 points, all 150 2008 points and borrow 60 points from your 2009 points.

Etc.

Hope this helps.

 

[DutchsMommy]

Thank you all very much, I truly appreciate it.