Using Banked Points

zimboys

My Three Disney Boys
Joined
Jan 1, 2008
Messages
61
I am looking at a contract that has a October UY date. The contract has 100 points available this year with 50 new points on Oct 2009. I assume they are 50 from 2008 and 50 from 2007? What can I bank? And how late can I use them? Also when do the points expire the end of October or September 30st? Any suggestions or ideas? - Thanks.
 
I am looking at a contract that has a October UY date. The contract has 100 points available this year with 50 new points on Oct 2009. I assume they are 50 from 2008 and 50 from 2007? What can I bank? And how late can I use them? Also when do the points expire the end of October or September 30st? Any suggestions or ideas? - Thanks.

I am a little confused--is the contract a 50 point or 100 point contract? With an October UY, all new points come in October 1st, so any points for UY 2008 (Oct. 1, 2008 - September 30, 2009) would need to be used before that, unless they are banked in 2009.

But, I am going to assume it is a 50 point contract, based on the fact that 50 will be coming in October 2009. If this is the case, then yes, those are probably banked 2007 points, and 2008 points. Of those points, you would be able to bank the 50 2008 points into 2009 as long as you do it before May 31st of this year.

The other 50 points (from 2007) would have to be used by September 30th, 2009.

If I have made the wrong assumption about the contract, then the scenario may be different.
 
That is correct. 50 from 2007. So I would have to use them by Sept 30th this year or bank 50 by May 31st. Thanks so much.
 
**** That is correct. 50 from 2007. So I would have to use them by Sept 30th this year or bank 50 by May 31st. ****

No what you're saying here is not exactly the case ( I'm reading your above statement & using that to base my answer on ) :

You have 2007 Use Year points that are banked into 2008 Use Year so

these points are no longer bankable since these points (from your 2007 UY)

have already been banked ONCE; points may not be banked a second time.

So 2007 Use Year points must be used during current 2008 Use Year
( 2008 UY is from OCT 1 2008 - SEPT 30 2009 ).

The only allotment of points that you may bank by May 31 2009 is

the 50 points from 2008 Use Year allotment, those 2008 UY points may

be banked into your 2009 Use Year which would then make them

available to use between OCT 1 2009 - SEPT 30 2010.
 

Thanks for the help. I figured out that the 2007 will expire this year if I don't use them by Sept 31st but I can bank 08 if I do it before May 31st. My offer has been accepted so now we wait. Again thanks to all of the people who participate in these forums. I have learned so much from reading and asking questions.
 















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