I have just banked some of my points to 2016. Thinking of taking a trip with dd in next use year. If I book with those banked points, then I have to modify or cancel, do they go back into 2016 uy, or do they go into a holding account?
Yep. What everyone said. Once points have been banked or borrowed, they must stay in the use year to which they were moved. They can go into holding if you cancel within penalty period as the other posters have said.
Holding Account information:
4. Holding Account Vacation Points. If a confirmed reservation is canceled thirty (30) days or less before the arrival date, the Home Resort Vacation Points used to make that reservation are placed into a Holding Account.