unbanking question

[kiingor]

If I bank all my points to next year, and then decide to use it... can i use the banked points. Or do I borrow next year's points ?

 

[Anthony1971]

You would be borrowing form the next years points. Banked points have to be used within the UY you banked them into or they will expire. So if you banked your 2006 August UY points to 2007 you can only use them for dates between August 1 2007 and july 31 2007 all unsude will expire

 

[childsplay]

If I understand the quesiton correctly, You would have to use borrowed points from your next Use Year. Once you bank points they can only be used for travel during the Use Year you banked them into.

 

[browniemtb]

If I bank all my points to next year, and then decide to use it... can i use the banked points. Or do I borrow next year's points ?

I'm sure the above posters clarified this for you......
If you bank your points into the next UY and then decide to go on a trip prior to the UY - you would have to borrow those points to do the trip. The banked points will remain and would expire at the end of the following UY.
So AugUY you bank 100 pts - then decide to go, borrow 100 AUG 07 pts. Your 100 banked 06 pts would remain. AUG 07 your 06 points would be available and can not be banked into 08, they would have to be used by UY end.
Brownie

 

[kiingor]

I'm sure the above posters clarified this for you......
If you bank your points into the next UY and then decide to go on a trip prior to the UY - you would have to borrow those points to do the trip. The banked points will remain and would expire at the end of the following UY.
So AugUY you bank 100 pts - then decide to go, borrow 100 AUG 07 pts. Your 100 banked 06 pts would remain. AUG 07 your 06 points would be available and can not be banked into 08, they would have to be used by UY end.
Brownie

i was wondering if i banked the whole 150 points... and i decide to go this year, out of the 300 (150 banked + 150 UY 2008) points I have for next year, why would it matter whether its banked or UY 2008. Still coming out of the 300 pt. from 2008. Wouldn't it be just borrowing from the projected 300pt. UY 2008.

 

[DVCLiz]

i was wondering if i banked the whole 150 points... and i decide to go this year, out of the 300 (150 banked + 150 UY 2008) points I have for next year, why would it matter whether its banked or UY 2008. Still coming out of the 300 pt. from 2008. Wouldn't it be just borrowing from the projected 300pt. UY 2008.

No, because once the points are banked into next year, you can't "borrow" them back into this year. That's a DVC rule. You don't really have just 300 2008 Use Year points. You have two separate categories of points. You have 150 points from 2007 that can only be used in 2008 if you have banked them, and another 150 points that can be borrowed to use in 2007, kept to use in 2008, or even banked into 2009.

Clear as mud???

 

[kiingor]

If I understand the quesiton correctly, You would have to use borrowed points from your next Use Year. Once you bank points they can only be used for travel during the Use Year you banked them into.

ok... i got it.... if i banked my 2007 points now, and changed my mind and decided to go this year... i have to borrow max of 150 pts. from uy 2008. And the banked points has to be used in 2008. So which means I can only use max of 150 borrowed points this year from UY 2008. And the ones that's banked has to be used in 2008.
Did I get that correctly.

Sorry if I sound too confusing.

 

[kiingor]

No, because once the points are banked into next year, you can't "borrow" them back into this year. That's a DVC rule. You don't really have just 300 2008 Use Year points. You have two separate categories of points. You have 150 points from 2007 that can only be used in 2008 if you have banked them, and another 150 points that can be borrowed to use in 2007, kept to use in 2008, or even banked into 2009.

Clear as mud???

GOT IT ... thanks

 

[JimMIA]

i was wondering if i banked the whole 150 points... and i decide to go this year, out of the 300 (150 banked + 150 UY 2008) points I have for next year, why would it matter whether its banked or UY 2008. Still coming out of the 300 pt. from 2008. Wouldn't it be just borrowing from the projected 300pt. UY 2008.

It would matter because banking and borrowing are irreversible decisions. Those are just the rules -- you have the flexibility and power of banking and borrowing, but you can't unbank, and you can't unborrow.

Once you make that decision it's final.

 

[kiingor]

It would matter because banking and borrowing are irreversible decisions. Those are just the rules -- you have the flexibility and power of banking and borrowing, but you can't unbank, and you can't unborrow.

Once you make that decision it's final.

cool.. i guess i have to becareful before I bank.