Too Bad We Can't Swap UY

[ACDSNY]

With the new banking deadlines I wish DVC would come up with a way we could swap UY within our same resort and just pay the closing costs. We have a FEB UY and travel mostly in the Fall. I'm sure there are others out there that don't like the UY they're stuck with.

 

[bobbiwoz]

I understand what you're saying! We have March UY, and spend lots of points in the fall! We were happy with the December deadline for banking points. All the planning before buying DVC went out the window! I have written MS in protest because if the 100% banking deadline was really so unimportant, why not set it at the 10 month mark when all of us could have done at least some banking.

Bobbi

 

[BWV Dreamin]

I understand what you're saying! We have March UY, and spend lots of points in the fall! We were happy with the December deadline for banking points. All the planning before buying DVC went out the window! I have written MS in protest because if the 100% banking deadline was really so unimportant, why not set it at the 10 month mark when all of us could have done at least some banking.

Bobbi

I too have a March UY....was thinking about planning some end of January trips, but that really leaves no room for cancellations and banking. I mean I would have to cancel in October to be able to bank. At least December you could bank some.

 

[ACDSNY]

I keep trying to decide if it's worth selling my current contracts and purchasing a new UY when GCV start selling. It just seems like such a waste of money.

 

[BWV Dreamin]

I keep trying to decide if it's worth selling my current contracts and purchasing a new UY when GCV start selling. It just seems like such a waste of money.

Before I couldn't justify the expense of selling and repurchasing based on the old rules, but with these new changes, it really does impact certain travel dates. If its just closing costs that you need to absorb, I think it would be worth it to get the UY you want.

 

[ACDSNY]

We'd have to come up with the closing cost, selling commision and the price increase on 3 contracts (100/60/60 points). We usually are borrowing points instead of banking, but I worry about a time we'd have to cancel a trip in the Fall after our Sept banking deadline.

 

[BWV Dreamin]

We'd have to come up with the closing cost, selling commision and the price increase on 3 contracts (100/60/60 points). We usually are borrowing points instead of banking, but I worry about a time we'd have to cancel a trip in the Fall after our Sept banking deadline.

If I'm not mistaken, a March UY has until October 31st for 100% banking. But if you travel in Nov, Dec, Jan, Feb well its of no use as far as cancelling and banking the pts. I feel this new change now gives some advantage to those who have separate UY contracts, giving some flexibility for transferring as well as banking. Having all contracts under same use year while circumventing the one transfer per year rule, limits all the points collectively to new banking rules. Why not just sell one or two of your contracts, then you can always transfer points to the other contracts. There is no banking time limit to transferred points. You may lose home resort advantage with the transfer, but at least you will not lose the points.

 

[ACDSNY]

If I'm not mistaken, a March UY has until October 31st for 100% banking. But if you travel in Nov, Dec, Jan, Feb well its of no use as far as cancelling and banking the pts.

I have a FEB UY and yes I'm considering having two master contracts I just need to understand the transfer limits a little better since our master contracts would be at two different resorts.

 

[BWV Dreamin]

I have a FEB UY and yes I'm considering having two master contracts I just need to understand the transfer limits a little better since our master contracts would be at two different resorts.

I have two separate master contracts. I can transfer points between the two once a year. The transferred points still keep their original UY, so those transferred points would have to be used at the 7 mos mark. Now the transferred points can be banked up to a year.....they are not subject to the 8 mos banking rule. So if your passed your banking deadline on one contract, you can still transfer to it and bank those transferred points, again up to the end of the UY of the contract you transferred into. There was point morphing once the transferred points were banked, they than assumed your home resort UY. But I have heard they have corrected this, so even after banking, you still can't use those transferred points until the 7 mos mark. Still all in all, I think this does give one more flexibility with banking and transferring to yourself.

 

[PSC]

I'm waiting to close on a small add on contract that just happens to be 6 months offset from my primary contract. I do have another add on contract with the same use year as my primary contract and will be watching to see if there is any way to move that contract to the new use year (other than selling an buying). From what I understand, many other owners have addons with different use years from their primary contracts and don't feel that point management is a problem. As nearly as I can tell, I will be able to book reservations from my 2nd use year that fall within the 120 day banking exclusion of the 1st use year and never have to worry about cancelling a reservation and having the points go into holding.

 

[BWV Dreamin]

As nearly as I can tell, I will be able to book reservations from my 2nd use year that fall within the 120 day banking exclusion of the 1st use year and never have to worry about cancelling a reservation and having the points go into holding.

Sorry, you lost me on this..........

 

[ACDSNY]

I have two separate master contracts. I can transfer points between the two once a year. The transferred points still keep their original UY, so those transferred points would have to be used at the 7 mos mark. Now the transferred points can be banked up to a year.....they are not subject to the 8 mos banking rule. So if your passed your banking deadline on one contract, you can still transfer to it and bank those transferred points, again up to the end of the UY of the contract you transferred into. There was point morphing once the transferred points were banked, they than assumed your home resort UY. But I have heard they have corrected this, so even after banking, you still can't use those transferred points until the 7 mos mark. Still all in all, I think this does give one more flexibility with banking and transferring to yourself.

Thanks BWV Dreamin for the info, it's looking like this might be the way to go. We'll probably sell the 100 point contract at SSR and purchase 160 points at GC with an Oct UY.

 

[BWV Dreamin]

Thanks BWV Dreamin for the info, it's looking like this might be the way to go. We'll probably sell the 100 point contract at SSR and purchase 160 points at GC with an Oct UY.

Sounds like this would work out great for you, especially since you live in CA. GCV looks great already, but would be too far for me to buy in. Hope there's something left at the 7 mos. mark!