UY and Banking Points

[mdsd8700]

We are looking at a BLT resale of 100 points with a February UY. 100 points currently available and 100 points coming on 2/1/2011. We will mostly like be going to WDW in June of 2011. Do I understand correctly that the 2010 points will be good from February 1, 2010 till January 31, 2011? Since we will not be traveling until June of 2011, do I need to bank those points and up until what date do I have to do that? I have read "Understading Your Use Year" by Carol MN and it makes sense (though I have to read it slowly) but it can be confusing when tyring to apply the knowledge first hand especially for someone who isn't even a DVC member yet. I just want to make sure that going forward I understand the sytem and keep my points up to date and allocated properly. Thanks.

 

[bumbershoot]

"the 2010 points will be good from February 1, 2010 till January 31, 2011?"

Yep!

For a Feb UY (which I have as well), you can bank to Sept 30. I didn't like trying to figure out if it was up until the 30th, or through the 30th, so we banked (online) a few days before that.

Banking sort of turns them into 2011 points, so that they will be available from Feb 1, 2011 through Jan 31, 2012. Which makes them useful for your June 2011 trip.

HOpe that helps, and I hope I've stated everything correctly! If I didn't, someone will correct me quickly, though.

 

[disneynutz]

Once you bank your points, make sure that MS uses the banked points first for your reservation. We have been told that it is automatic, but they have made mistakes on our account.

Bill

 

[mdsd8700]

Thanks! Everyone is always so helpful. Being able to do things on line is great, I very much like that and I too would like to give myself a couple of days cushion on banking them. I have been reading the boards like nuts and have read some threads about making sure the CM uses points in the right order. Not only to get clarification on the phone but then even check on line a couple of days later. I am sure once I get used to it will be like picking up after my kids, automatic (LOL) but right now the whole thing (banking, borrowing, UY, holding, etc...) is stressing me out a bit.
Thanks again!