Resale with no 2022 points

[DKZB]

It’s interesting because I only moved about 1/2 the banked points to make a booking situation work but in a later call with a different CM they told me if it is the same owner they can move banked/ current and next year points. If it is a different owners they can only move current year points. Maybe policies changed?

 

[Sandisw]

It’s interesting because I only moved about 1/2 the banked points to make a booking situation work but in a later call with a different CM they told me if it is the same owner they can move banked/ current and next year points. If it is a different owners they can only move current year points. Maybe policies changed?

Maybe it is a change since I tried in 2019. But, I called three different times, and all said no exception to transferring banked points to my other membership. I tried in 2020 too when I bought a resale, and it was only 5 points, but it was the same...no.

I could only do points that were in regular status from the current and next UY.

 

[ldo]

so, if I wanted to transfer 2 years of points, do I need to transfer current UY (before banking deadline) and then do I need to wait until Dec 1 to transfer another "current" year's points for DEC UY? Or can I transfer both current and future DEC points in April and then bank the current by May?

 

[Disneynewb0001]

People are transferring points to someone else or they have two memberships and transferred them to themselves before listing.

Perhaps I am confused because I am still figuring all of this out, I am not yet a member as I have my first resale contract awaiting a ROFR decision.

When transferring future year (next years) points in the way you describe across your own memberships, the 50% borrowing restriction does not come into play? And if so, is that just for the next years points or for any out year points into the future e.g., 1 year out, 2 years out, etc?

 

[KAT4DISNEY]

so, if I wanted to transfer 2 years of points, do I need to transfer current UY (before banking deadline) and then do I need to wait until Dec 1 to transfer another "current" year's points for DEC UY? Or can I transfer both current and future DEC points in April and then bank the current by May?

You can transfer the current points of the UY you are in as well as the next years points. All in a single call should you wish.

 

[KAT4DISNEY]

Perhaps I am confused because I am still figuring all of this out, I am not yet a member as I have my first resale contract awaiting a ROFR decision.

When transferring future year (next years) points in the way you describe across your own memberships, the 50% borrowing restriction does not come into play? And if so, is that just for the next years points or for any out year points into the future e.g., 1 year out, 2 years out, etc?

Transferred points can only be banked, not borrowed.

 

[KAT4DISNEY]

It’s interesting because I only moved about 1/2 the banked points to make a booking situation work but in a later call with a different CM they told me if it is the same owner they can move banked/ current and next year points. If it is a different owners they can only move current year points. Maybe policies changed?

I hope that it is an internal policy change. I never thought it made sense to restrict an owner doing that within their own memberships. Allow the transfer and allow owners to book complete reservations vs part in one and part in another. That one simple change eliminates additional work down the line for the resort and also for MS to link.

 

[Sandisw]

Perhaps I am confused because I am still figuring all of this out, I am not yet a member as I have my first resale contract awaiting a ROFR decision.

When transferring future year (next years) points in the way you describe across your own memberships, the 50% borrowing restriction does not come into play? And if so, is that just for the next years points or for any out year points into the future e.g., 1 year out, 2 years out, etc?

The borrowing rule does not come into play because you can not borrow points once transferred. That is why you have to be strategic if you are going to do it when having multiple memberships...which, to be honest, I have done only a few times, and won't again. I'd rather just book some nights on one and some on the other and have them noted so we don't have to change rooms...which we never have.

For example, I have an Aug UY and Dec UY membership. If I wanted to travel in September 2023, it takes place in my Aug 2023 UY, but my Dec 2022 UY. I can't transfer my Dec 2023 UY points to my Aug UY and have them eligible for that trip because it would require "borrowing them" since no matter what UY they are sitting in, they remain Dec UY points.

 

[Disneynewb0001]

I have been denied a transfer of banked points so I’d say you were lucky.

Transferred points can't be borrowed, only banked and I've never heard of an owner transfer being given an exception.

However I too have transferred a small number of banked points. It was years and years ago though and I had to speak to a supervisor. It was pre OTU points which I think they would have directed me to if there was such a thing then.

Thanks for the info. Admittedly, I am still confused as to the answer to the OP on how folks are stripping the full amount of future year points rather than being limited to the borrowing restriction.

 

[Disneynewb0001]

The borrowing rule does not come into play because you can not borrow points once transferred. That is why you have to be strategic if you are going to do it when having multiple memberships...which, to be honest, I have done only a few times, and won't again. I'd rather just book some nights on one and some on the other and have them noted so we don't have to change rooms...which we never have.

For example, I have an Aug UY and Dec UY membership. If I wanted to travel in September 2023, it takes place in my Aug 2023 UY, but my Dec 2022 UY. I can't transfer my Dec 2023 UY points to my Aug UY and have them eligible for that trip because it would require "borrowing them" since no matter what UY they are sitting in, they remain Dec UY points.

Ah ok, I get it now. Thanks.

 

[KAT4DISNEY]

Thanks for the info. Admittedly, I am still confused as to the answer to the OP on how folks are stripping the full amount of future year points rather than being limited to the borrowing restriction.

Regarding the original question. All UY's are in their 2021 UY so any of them can transfer out both 2021 points and 2022 points since you are allowed to do that up to one UY in advance. The sellers might have another membership they transferred to but just as likely is that they sold the points to a different member and transferred them to them. They might go to someone who plans to use them as current points or to bank them.

(as an FYI the POS does state that you can't take payment for point transfers but it is commonly done)

 

[Galun]

They allow owners to transfer as many times up to the number of points you have. Now they could change the rule.._and at one point they didn’t allow it.

But, I have a 300 point SSR contract and 175 in RIV. They will allow me to transfer all of those points into my Dec UY if I wanted to in more than one transaction.

So, the limits is really based on how many points you have in that membership.

For you to transfer 475 total points from Aug to dec, you need to have at least 475 points owned in your dec uy right? Or can it be less?

 

[Sandisw]

For you to transfer 475 total points from Aug to dec, you need to have at least 475 points owned in your dec uy right? Or can it be less?

It doesn’t matter what the Dec UY has in it I own 325. Transfers are only limited in amount by what you are sending. You can receive as many as you want as long as it’s done once per UY if coming from another owner, or multiple times if you own both.

Again, the points are not being added to a contract. They are being moved into a new temporary contract created to hold those points.

Many times people refer to transferring between contracts, but they is not what happens. Even people will say they are adding on to a contract. That can’t happen either. It’s memberships that can have contracts added to the,, and memberships than can receive transferred points.

So, if I wanted 500 points and found another owner who has them, I can get those into one of my memberships without any issue or worry about what I own. It would then show in my memberships as a 3rd contract..I have two in there now…with the home resort of the points shown.

Hope this helps!

 

[Galun]

Hope this helps!

it does, thanks. I was wondering how resale contracts can be completely stripped with the borrowing restrictions. Now I think I understand. They probably have two use years and move all the points from contracts to be sold in one membership to their other membership. So one membership has stripped contracts ready for sale, and another membership has the transferred in points that can be rented out. For some reason I thought there was a maximum ratio of 1:1 in the receiving membership (like if you own 100 points you can only transfer in 100 points), probably just my way of thinking you can maximum bank one year of your own points. Now that you explained that a temporary contract with the transferred point is created, it makes sense. It’s a temporary contract with a different use year within your receiving membership and there is no limit to the number of points in that temporary contract, that temporary contract size is the amount of transferred in points.