transfer points question

[weallluvDW]

I have a question regarding how points are treated when they are transferred from one account to another.

Here is my hypothetical question:

I have 55 BWV points that are banked and will expire on 8/31/06. I was going to rent or transfer them to someone who would use them. I also saw on the rental board another person who has 55 SSR points that are banked and will expire on 8/31/06.

What would happen if the other member and I swapped points? If I transferred my 55 points to his account, and he transferred his 55 points to my account? I think I've read on some posts that Disney doesn't have a way to attach the use year and expiration date to transferred points. If we did that, would we then both be able to use the points beyond the 8/31/06 expiration date? What would become the NEW expiration date?

 

[keishashadow]

Better put on your flame suit, quickly!

BTW, you cannot transfer banked points...you can rent them.

Additionally, MS is now cautioning that transfers into account must match up UY's (or better) in order to book @ 11 month window of your account.

 

[dianeschlicht]

I don't think banked points can be transfered, and DVC will only allow a transfer in one direction per account. That means that you can either transfer in OR out, but not both in the same year.

 

[CarolMN]

Just confirming what keishashadow and dianeschlict already posted -

You can't transfer banked or borrowed points to another member.

You may only transfer in one direction per use year - so you can either accept points into your account or you can send points to someone else. Can't do both in the same use year.

Best wishes -

 

[scottb8888]

Is there a FAQ or more definition around the trabsfer process somewhere I can look at?

 

[dianeschlicht]

Is there a FAQ or more definition around the trabsfer process somewhere I can look at?

Best would be the POS that came with your purchase, and maybe the last couple Vacation Magic magazines or this year's VM emails. The policy has been fine tuned a bit to prevent some fraudulant transfering of "ghost" points that was going on.