Transferring points between two contracts

[rpl47]

I currently own two DVC Direct contracts at XXX both same Sept use year. I'm looking on selling one of them, a 260 pt contract, and keeping the other, a 50 point contract. I currently have 100 points left in the 260, and 45 left in the 50. I'm trying to transfer the 100 into the 50 point contract before I sell the 260 on the resale market. You would think that this would be an easy thing to do, much like transferring points from one member's contract to another member. I was told two different things from MS, one saying this was not possible, and one saying it could be done. Note: I do have two active resv for Nov '17 and Dec '17, and I am aware if I sell this, the closing won't occur until after the last resv is complete. Has anyone done something similar to this? Can points be transferred between two direct contracts with the same home resort and use year?

 

[supersnoop]

I've seen one person ask this same question about a year ago. It gets very complicated. Transfers are between memberships, not contracts. Your two contracts are both under the same membership, so you can't transfer the points to yourself.

 

[mustinjourney]

I always assumed this was possible, but makes sense. I guess there are some additional advantages to having a different UY.

 

[disneynutz]

Just price the contract accordingly to include the value of the 100 points.

Bill

 

[Sandisw]

If your contracts are under the same membership, then there is nothing to transfer as that is something that happens between two memberships. As you mention, selling with reservations will not happen till the last one is complete. It is called a delayed closing.

In terms of keeping those extra points, you have to use them in a reservation prior to selling, or, as mentioned, sell the contract with those points. You can't save them to keep with the other contract.

 

[rpl47]

Thanks to all for the replies. I guess I have no choice but to include them in the resale. The only reason why I was hoping for those points to be transferred over to the other contract was strictly monetary. I could get more value keeping the points for a future resv or renting them. Even at $10/pt for rent, I would earn $1000, as opposed to, at best, getting $400-500 more overall on the resale by including them. I just don't understand why it couldn't be done. It seems simple enough. What advantage would a member have by transferring points between two direct contracts at the same home resort with the same use year?

 

[LisaS]

I can't see any reason why you shouldn't be allowed to do this. Maybe you just need a more experienced MS CM to handle this since it's an uncommon request. Try asking for a supervisor and explain what you are trying to accomplish.

Point transfers appear to be a manual operation. Incoming transfers that exactly match a resort and UY that you own go right into your contract, but non-matching points are held who knows where, with some sort of manual tracking of those points. Given that, it seems they would be able to take them from one of your contracts and put them in the other.

 

[mustinjourney]

Why not just try and transfer them to another member for $12-15 a point. I'm sure someone would want them.

 

[Dean]

I currently own two DVC Direct contracts at XXX both same Sept use year. I'm looking on selling one of them, a 260 pt contract, and keeping the other, a 50 point contract. I currently have 100 points left in the 260, and 45 left in the 50. I'm trying to transfer the 100 into the 50 point contract before I sell the 260 on the resale market. You would think that this would be an easy thing to do, much like transferring points from one member's contract to another member. I was told two different things from MS, one saying this was not possible, and one saying it could be done. Note: I do have two active resv for Nov '17 and Dec '17, and I am aware if I sell this, the closing won't occur until after the last resv is complete. Has anyone done something similar to this? Can points be transferred between two direct contracts with the same home resort and use year?

You could transfer them elsewhere, rent under the contract, use them or sell them with the contract. I'd at least call to see if what you ask can be done but I suspect it can't. Do you have a current reservation you could swap points in?

 

[Sandisw]

Thanks to all for the replies. I guess I have no choice but to include them in the resale. The only reason why I was hoping for those points to be transferred over to the other contract was strictly monetary. I could get more value keeping the points for a future resv or renting them. Even at $10/pt for rent, I would earn $1000, as opposed to, at best, getting $400-500 more overall on the resale by including them. I just don't understand why it couldn't be done. It seems simple enough. What advantage would a member have by transferring points between two direct contracts at the same home resort with the same use year?

If one owns the same resort, with the same UY, even if within two contracts, they function as one within a membership. I had this at one time and when I logged in, it just showed the total. There would be no transferring involved. For example, I had 180 and 50 at BLT. When I went to make a reservation, it would show 230 to choose from. It'd use up one contract and then the other. I didn't have to choose.

In your case, I am not sure how they can accomplish this as the points are already part of your membership, so there is really nothing to transfer. The fact that they are from different contracts doesn't change the membership they are tied to. Of course, with everything, it certainly would not hurt to ask if it could be done. I know when I just sold a contract, they called to get an accounting of the points in that contract and there was no way for me to keep any that were still there unless I put them into a reservation, and then would not have been able to close until it was completed.

 

[LisaS]

In your case, I am not sure how they can accomplish this as the points are already part of your membership, so there is really nothing to transfer. The fact that they are from different contracts doesn't change the membership they are tied to. Of course, with everything, it certainly would not hurt to ask if it could be done. I know when I just sold a contract, they called to get an accounting of the points in that contract and there was no way for me to keep any that were still there unless I put them into a reservation, and then would not have been able to close until it was completed.

As you experienced when you sold that contract, while they function as one pool of points, each individual point is tied to one contract or the other. I suspect an IT person could simply reduce the point total in one of the OP's contracts and increase it in the other. It's possible that even an MS CM could do it since it appears that something similar happens when points are transferred between memberships where the home resort and UY are an exact match.

 

[KAT4DISNEY]

If one owns the same resort, with the same UY, even if within two contracts, they function as one within a membership. I had this at one time and when I logged in, it just showed the total. There would be no transferring involved. For example, I had 180 and 50 at BLT. When I went to make a reservation, it would show 230 to choose from. It'd use up one contract and then the other. I didn't have to choose.

In your case, I am not sure how they can accomplish this as the points are already part of your membership, so there is really nothing to transfer. The fact that they are from different contracts doesn't change the membership they are tied to. Of course, with everything, it certainly would not hurt to ask if it could be done. I know when I just sold a contract, they called to get an accounting of the points in that contract and there was no way for me to keep any that were still there unless I put them into a reservation, and then would not have been able to close until it was completed.

It sounds like you're saying that you didn't see the 2 BLT contracts and have to choose one or both and that is not how it normally works. No idea why it was like that for you but each of my contracts is individual and needs to be selected - that includes 4 different small BLT.

 

[Sandisw]

It sounds like you're saying that you didn't see the 2 BLT contracts and have to choose one or both and that is not how it normally works. No idea why it was like that for you but each of my contracts is individual and needs to be selected - that includes 4 different small BLT.

Sorry, no, I didn't mean I couldn't see each, I could. But, when booking, I didn't choose between contracts, they pulled from one and then the other as though they were one big pool of points. Transferring points from one contract to another would be essentially, changing the value of the contract for that year.

When I just sold my VGF, I couldn't keep the 14 points from the 2017 UY in my membership if I wanted to sell that contract now. There was no way to do it. Now, my other contract was BWV, but if you can "hold back" points from a contract when selling in a membership, it wouldn't matter home resort since we are allowed to get points into the membership.

Transferring is between membership with one in and out every year. In this case, it wouldn't really be a transfer as it's the same membership. I am positive that like anything, they can do whatever they want as when Disney buys back contracts using ROFR, they can then split those into new size contracts.

But, then again, I just remembered, when I transferred in BLT points from another member, and they were the same UY, I could see them online, so maybe it would have to be something like this??? They found a way to put them in there to show up still...