Question on Banking Points

[LoveMickey]

Hello,

New Member here

When do you have to bank the points you will not use. We have a June user year. I know you can book home resort at 11 months and other resorts at 7 months.

But if we are not going to use all of our points by end of May 2006, when can we bank?

Thanks

 

[RobDoc]

You can bank uneeded points anytime after the Use Year begins (you cannot bank points from the next Use Year in advance however).

You will have 6 months to bank up to 100% of your points, 9 months to bank up to 50% of your points and 10 months to bank up to 25% of your points. No points may be banked in the last 2 months of your Use Year.

The banked points are cumulative and based on the total number of points in your contract, so if you have already banked 50% of the points by 6 months, you will not be able to bank any more. If you own 200 points and bank 75 by 6 months, you could only bank another 25 points after that date (and could not bank any more points after 9 months).