Steps in Using Points

hayesdvc

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Nov 23, 2015
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As I continue in the final steps of closing my initial contract, I want to make sure I have the correct steps down in making my initial reservation (SSR-160/15 160/16 Aug UY). As soon as I can, my plans are to make a reservation in December for a Studio. Based on the timing for the closing of this contract, my reservation will be made prior to my banking deadline of March 31st (if not, I have a problem).

This will be my only reservation for a 2016 stay.

After I make this reservation, I am planning on banking the balance of the 2015 points which should be 100.

Then in June 2016, I plan on making an 11th month reservation for May 2017 . I assume the 100 points banked will be used first. Since these 100 points have been banked from 2015, now having a 2016 UY (8/1/16-7/31/17) does this mean I am borrowing these same banked points?

How does the point logic change (if any) if I make a reservation in October 2016 for September 2017 instead of the June/May reservation described above?

What else should I be considering?
 
First, you will be banking your 2015 points in order to use for your Dec 2016 reservation which falls in your 2016 UY of 08/1/16-07/31/17 of point availability.

Next, the remainder of the banked 2015 points will also be available for any stays from 08/1/16-07/31/17 which includes your May 2017 stay. The banked points should be used first when you make that reservation but you will want to verify after it's made. Since the 2015 points are moved into the UY that you need them that is the only action required. Borrowing is moving points from the next UY into the previous. I believe that you are slightly confusing that when you call to make a reservation has some meaning to banking and borrowing but it does not. The dates of your stay are the only thing that determine what points can be used. So for a May 2017 stay, with a Aug UY you could use the current UY 2016 points valid from 08/1/16 to 07/31/17 or you could use banked 2015 UY points or you could borrow your Aug 2017 points from their normal useage of 08/1/17-07/31/18 back into your previous UY and use them for stays from 08/1/16-07/31/17.
 
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I'll just add that the Dec UY is often the most confusing for people since you are 11 months removed from the calendar year but if you just map it out it similar to what I did above (ie, 2015 points are for 12/1/15-11/30/16 stays) it becomes easier to see what points can be used when.
 
To clarify, my UY is August not December. December is the month I want to make the reservation. How does that change the reply posts?

Thanks.
 

To clarify, my UY is August not December. December is the month I want to make the reservation. How does that change the reply posts?

Thanks.

Ah - yes, sorry about that. For the reservations it actually changes nothing.

Just disregard my post about Dec UY. :)

I updated my post about above for the Aug UY.
 
First, you will be banking your 2015 points in order to use for your Dec 2016 reservation which falls in your 2016 UY of 08/1/16-07/31/17 of point availability.

Next, the remainder of the banked 2015 points will also be available for any stays from 08/1/16-07/31/17 which includes your May 2017 stay. The banked points should be used first when you make that reservation but you will want to verify after it's made. Since the 2015 points are moved into the UY that you need them that is the only action required. Borrowing is moving points from the next UY into the previous. I believe that you are slightly confusing that when you call to make a reservation has some meaning to banking and borrowing but it does not. The dates of your stay are the only thing that determine what points can be used. So for a May 2017 stay, with a Aug UY you could use the current UY 2016 points valid from 08/1/16 to 07/31/17 or you could use banked 2015 UY points or you could borrow your Aug 2017 points from their normal useage of 08/1/17-07/31/18 back into your previous UY and use them for stays from 08/1/16-07/31/17.


So to use 2015 points for the December 2016 reservation, I must first bank ALL of the 160 points as soon as my closing happens. The only reason I should not bank all the points would be if I made a reservation for a trip that I MUST complete prior to 7/31/16, correct? Where I was confused was I was thinking I should make the 12/16 reservations THEN bank the balance of the points.
 
So to use 2015 points for the December 2016 reservation, I must first bank ALL of the 160 points as soon as my closing happens. The only reason I should not bank all the points would be if I made a reservation for a trip that I MUST complete prior to 7/31/16, correct? Where I was confused was I was thinking I should make the 12/16 reservations THEN bank the balance of the points.

Yes, that's correct. You'll have to bank the points prior to being able to use them for the Dec 2016 trip. And, as you said, you would only not bank the rest if you had a reservation you wanted to make to complete a stay prior to 7/31/16.
 
As I continue in the final steps of closing my initial contract, I want to make sure I have the correct steps down in making my initial reservation (SSR-160/15 160/16 Aug UY). As soon as I can, my plans are to make a reservation in December for a Studio. Based on the timing for the closing of this contract, my reservation will be made prior to my banking deadline of March 31st (if not, I have a problem).

This will be my only reservation for a 2016 stay.

After I make this reservation, I am planning on banking the balance of the 2015 points which should be 100.

Then in June 2016, I plan on making an 11th month reservation for May 2017 . I assume the 100 points banked will be used first. Since these 100 points have been banked from 2015, now having a 2016 UY (8/1/16-7/31/17) does this mean I am borrowing these same banked points?

How does the point logic change (if any) if I make a reservation in October 2016 for September 2017 instead of the June/May reservation described above?

What else should I be considering?

Just to point out the banked 2015 points are valid for stays in your 2016 use year that runs from Aug 1 2016-July 31 2017.
So if you have 100 2015 points banked into 2016 that you don't use for your Dec 2016 stay you will lose them if you don't use them for a stay by July 31 2017.
 
I was reading through this topic because I am trying to figure out this banking process. I banked 75 points from my Oct 2015 year. When I just
made a reservation it took all the points from my Oct 2016 points and did not use the banked points first. When will the banked points
expire. I do not want to lose them and need to figure out if I need to cancel the reservation and rebook by calling to make sure the banked
points are used. Any help would be appreciated.
 
I was reading through this topic because I am trying to figure out this banking process. I banked 75 points from my Oct 2015 year. When I just
made a reservation it took all the points from my Oct 2016 points and did not use the banked points first. When will the banked points
expire. I do not want to lose them and need to figure out if I need to cancel the reservation and rebook by calling to make sure the banked
points are used. Any help would be appreciated.
Check tomorrow. If the points are still wrong, do not cancel your reservation, but do call member services and ask them to reallocate.
 















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