Use Year understanding confirmation; looking to purchase VGC

[cgraigy11]

Hello, I'm looking to purchase points at VGC for a trip to DL every other year in the mid-December timeframe. I was going to do the dance of bank/borrow to have enough points for a 2BR Villa every other year so I was looking for a 150ish point contract. I see a couple of enticing June UY contracts for sale but I had some banking/borrowing questions that I wanted to get confirmation from you experts. Appreciate any time taken and apologies for any remedial questions!

1. For a June UY contract is it already too late to bank any of the 2023 UY points given the January 31 deadline or is it too late for the 2022 use year? I'm thinking too late for 2022 but would love confirmation.
2. When borrowing points, let's say I have 150 points coming in June 2023 UY and I want to book a trip for December 2023 but I need 50 more points. (Forget availability and amount of points needed, just hypothetical question to understand borrowing). Can you book today with June 2023 UY points + borrowed points from 2024 UY? Or do I need to wait until I'm in the June 2023 UY to bank from 2024?

Thanks,
Chris

 

[Sandisw]

We are currently in the June 2022 UY, so we have passed the banking deadline for the 2022 points.

Everything is based on time of trip and not when you book in terms of which points can be used, A Dec 2023 trip is in the June 2023 UY. We could book today and use banked 2022, 2023, and borrow 2024 points to complete the reservation.

Just remember, that any 2024 points you borrow, will now be stuck in your 2023 UY, and will expire May 31st, 2024.

 

[cgraigy11]

We are currently in the June 2022 UY, so we have passed the banking deadline for the 2022 points.

Everything is based on time of trip and not when you book in terms of which points can be used, A Dec 2023 trip is in the June 2023 UY. We could book today and use banked 2022, 2023, and borrow 2024 points to complete the reservation.

Just remember, that any 2024 points you borrow, will now be stuck in your 2023 UY, and will expire May 31st, 2024.

Thank you so much for quick response, that makes complete sense. Thanks again!