Question about borrowing and putting back

[Dopey Sharon]

I'm thinking about a trip next November...I really liked that one bedroom! LOL Anyway, my home is Beach Club. I can book now. I'll only have 100 points left, after borrowing some for our June trip. If I book it now, at BCV, and change it (hopefully) at the seven month mark to OKW, it will be 30 points less. What happens to those points? My use year is October. Can they be banked for the following year? I'm new to this, so please bear with me if I don't understand this yet! Thanks!

 

[FreeTime]

The 30 extra points will be able to used before the end of your use year or banked into Oct 2005 use year if you like. As long as you cancel the use of your point sprior to 31 days you get them back. If you borrow any points for the trip you will not be able to bank any borrowed points. Hope this helps!

 

[BillPA]

Once you borrow points, they must stay in the current year. If you switch and have "extra" points, and are still within your banking window, you can't bank the borrowed points, but you can bank the current year’s points. That would be the 100 points you now have. Hope this helps.

 

[Richyams]

As long as they do it all in one transaction, canceling BCV, booking OKW and banking the extra points, there won't be a problem.

If you cancel and rebook and wait to bank, they could do something like put the borrowed points back into your current use year making it not possible to bank them later.

 

[Dopey Sharon]

Originally posted by Richyams
As long as they do it all in one transaction, canceling BCV, booking OKW and banking the extra points, there won't be a problem.

If you cancel and rebook and wait to bank, they could do something like put the borrowed points back into your current use year making it not possible to bank them later.

So, if I call now and book a one bedroom at BCV, then, in April, call to switch to a one bedroom at OKW, I can bank the 30 points difference for use the following year, as long as I cancel the BCV reservation and book at OKW, at the same time. That would give me 180 points for October of 2005 use year. (I bought 150 points). Do I have that right?

 

[Caskbill]

To make it easier, make yourself a Use Year chart like the one below. For an October UY, your chart looks like this.

<b>Use Year.......Vacation Dates</b>
2003.....Oct 1, 2003 through Sep 30, 2004
2004.....Oct 1, 2004 through Sep 30, 2005
2005.....Oct 1, 2005 through Sep 30, 2006
2006.....Oct 1, 2006 through Sep 30, 2007
2007.....Oct 1, 2007 through Sep 30, 2008

You can get points into a use year three different ways: (1) The regular allocation of points for that year. (2) Bank points from one year into the following year. (3) Borrow points from one year into the prior year.

A June 2004 trip requires 2003 year points. So for June 2004 you could use (1) Regular 2003 year points, (2) Banked 2002 year points, or (3) Borrowed 2004 year points.

A November, 2004 trip requires 2004 year points. For November's vacation you could use (1) Regular 2004 year points, (2) Banked 2003 year points, or (3) Borrowed 2005 year points.

Once points are banked or borrowed from one year into another year, they cannot go back and must be used within the use year into which they were banked/borrowed.

It looks like you did the following:

1. You have a 150 point contract at BCV

2. You made a reservation for June 2004 using whatever 2003 points you had remaining and borrowed 50 of your 2004 UY points, leaving only 100 points left in your October 2004 use year.

3. You want to make a November 2004 reservation. This will use all your 100 remaining 2004 UY points and you will need to borrow some of your 2005 UY points.

4. If possible, you want to change to OKW (at 7-months), which will use 30 fewer points.

The points you borrow from 2005 into 2004 to make the Nov 2004 reservation cannot be returned to their original use year of 2005. So when you make the OKW reservation, you make sure they use all of the borrowed 2005 points, and 70 of the 100 regular 2004 UY points. You can then bank the remaining 30 UY 2004 points into 2005.

However, you are incorrect in that you would have 180 points for UY 2005. You would have something fewer as follows:

Regular 150 point allocation minus whatever number of points you borrowed into your UY2004, plus the 30 regular UY2004 points that you banked into 2005.

Example: Suppose Nov 2004 requires 185 points. You only have 100 UY2004 points available so you borrow 85 points form UY2005, and make the 185 point vacation.

At 7-months you change to OKW which only requires 155 points. For the new reservation you have MS use the 85 borrowed UY2005 points, and 70 of the 100 regular UY2004 points to make the 155 point reservation. You then bank the remaining 30 UY2004 points into UY2005.

Your UY2005 then would then have 95 points available, not 180 points.

UY2005 = 150 points allocation, minus 85 points borrowed into 2004, plus 30 points banked from 2004, or Points = 150 - 85 + 30.


Hope this helps.

 

[Dopey Sharon]

I'm sorry, but you confused me more. I'll use the vacation plan I have on your chart to show what I'm trying to do:

200 points BCV (home) June 2004

90 points OKW November 2004

152 points SSR November 2005


Would it be better to just wait until the seven month mark to call and see if I can get a one bedroom at OKW and SSR? The only problem with that is, I don't want to end up with no reservation. I just figured I would call at the 11 month mark, make the reservation at my home, then call and switch at the seven month mark, but it seems very, very confusing. I still don't understand why I wouldn't have 160 points for use in 2005, if I have 10 left over from 2004. I bought my contract in May. Disney bought back my 150 points for that year. In October I got 150 points, that I'm using for our June 2004 trip, plus 50 borrowed from 2004. I'm sorry that I can't grasped this...

 

[Dopey Sharon]

sorry, double post

 

[NCRedding]

Let me see if this makes sense.

You bought 150 points at BCV, receiving points on 10/1/03. You used those 150 points and borrowed 50 points from 10/04 BCV points for your June trip, leaving 100 in your 2004 use year. You want to go in November in a one bedroom, for 5 weeknights which would be 120 at BCV and 90 at OKW. Is this correct so far?

If correct, if you used 2004 points at the 11 month window, you would take the 100 you have remaining, and then borrow 20 from your 2005 points leaving 130 in 10/05 points.

If you rebooked at OKW, you would need to make sure that they cancelled the 2004 points part, not the part that you borrowed. If you cancel 30 points of 2004, then you would then bank them into 2005 use year, giving you a total of 160 in 2005. If you were to cancel the portion using the 2005 borrowed points, then those 20 points would have to be used before 10/05 because they cannot be returned once booked.

I think that is the way it works.

 

[Dopey Sharon]

Originally posted by NCRedding
Let me see if this makes sense.

You bought 150 points at BCV, receiving points on 10/1/03. You used those 150 points and borrowed 50 points from 10/04 BCV points for your June trip, leaving 100 in your 2004 use year. You want to go in November in a one bedroom, for 5 weeknights which would be 120 at BCV and 90 at OKW. Is this correct so far?

If correct, if you used 2004 points at the 11 month window, you would take the 100 you have remaining, and then borrow 20 from your 2005 points leaving 130 in 10/05 points.

If you rebooked at OKW, you would need to make sure that they cancelled the 2004 points part, not the part that you borrowed. If you cancel 30 points of 2004, then you would then bank them into 2005 use year, giving you a total of 160 in 2005. If you were to cancel the portion using the 2005 borrowed points, then those 20 points would have to be used before 10/05 because they cannot be returned once booked.

I think that is the way it works.

Yes, this makes sense to me. So I can call tomorrow, book BCV for November 2004, borrowing 20 points from 2005. When I call in April to change to OKW, I would tell MS to cancel the 100 points I used, use the 20 I borrowed and the remaining 70 from my 2004 use year, and to bank the remaining 30? I really didn't think this was going to be so confusing. It sounded pretty easy, until I started borrowing and banking. Thanks! Is MS pretty nice and patient about someone like me calling or should I know what I'm doing before I call? I didn't have a problem when I booked our June trip, but that was pretty straight forward.

 

[Caskbill]

Yes, you've got it now. The difference in my example was I didn't know how many points you were going to be using so just picked 185 for the example to show how it would work. However in reality you're only going to be using 90 points, or 10 points less than what you have in your 2004 UY, so instead of a deficit of points, you'll actually eventually have a credit of 10 points that can be passed on to the next year which gives you your 160 point total for 2005 after all the borrowing, reservation changes, and final banking takes place.

Thus you will have 160 points available for a Nov 2005 SSR reservation requiring 152 points. After that you will have 8 UY2005 points remaining. You can bank those into 2006.

For 2005 you will have 160 points, or Points = 150 - 20 + 30, or in other words, 150 points minus the 20 borrowed for your Nov BCV reservation, plus the 30 UY2004 points banked when you change from BCV to OKW.

When you make your SSR reservation, MS will use the 30 banked points first, then 122 of the remaining regular 130 points, leaving you with 8 points in your 2005 UY which as mentioned can be banked into 2006.