We used both cash and points to book our Viva Italia trip for June this year. It is easy to book using points, but there are a few things that are different in the booking process when you use points:
1. You have to call MS instead of
ABD. MS takes your information, confirms availability of the trip, points/cost and then transfers the call to ABD to complete the reservation.
2. When we booked we called ABD, but the trip was sold out for the early booking discount. However, booking through MS they were able to book the same trip and we got the early booking discount.
3. You have to pay for the cash portion in total when you make the reservation.
4. If you want
trip insurance, you only have 24 hours from the time of the reservation to call and purchase. This is extremely important. We learned the hard way. We booked on a Saturday, and didn't call right after making the reservations...we were celebrating. We wanted the insurance, but TravelGuard was closed on Sunday and by Monday we were outside the 24 hours period to purchase. After almost a week of frustration and telephone calls to MS, ABD and TravelGuard, we were able to purchase. Believe me, you don't want this to happen to you.
5. Check with MS or the Member Guidebook, but I believe the points go into holding status immediately upon confirmation of the reservation. If you cancel, the returned points cannot be used for DVC Resort reservations or World Passport exchanges, and the points expire at the end of the Use Year if they are not used. There are also other cancellation guidelines (points and cash) based on the number of days from the start of the trip that cancellation is made. This is a stiff penalty and could affect a lot of points, so it's important to make sure you can go before making the reservation.
6. There is a non-refundable $75 transaction fee for making the reservation.
MS will walk you through the entire process. They will tell you everything you need to know, but there's a lot to remember, so don't hesitate to ask questins. We are thankful we were able to use points and cash, because it made the trip more affordable for us.
I also agree with the previous poster. Renting your points is not as simple and carefree as people make it sound on these boards. For us, renting out points is not an option.