Very basic question (embarrassing) on banking points

[boxer]

Been a member for well over 10years, and can't believe I need to ask this. So if I bank points (in my case 188 from 2022), those get used when I book my 'next year's trip. My question is I will continually have a surplus each year (we take basically one big trip)--so if I keep banking extra points each year, will they ever expire??? Hopefully I phrased that right--but see below:

Trip 2023: 188 Banked Points--25 Regular Points Used---therefore banking 195 points
Trip 2024 (and beyond): 195 Banked Points--32 Regular Points Used--therefore banking 202 points

My question is if I do this yearly, would I be in danger of ever losing points for expiration??

 

[Lumpy1106]

As long as the trip you have planned each year uses all of the points you have banked into this year, you should be fine.
Example;
Let's say you have 100 points and you banked all your points from 2021. You now need to use all 100 of the 2021 points in 2022 - you cannot bank any of those points into 2023. However, you can bank all 100 of your 2022 points into 2023, where you will need to use all 100 of those points in 2023, and so on.

Same goes for borrowing;
If you borrow 2023 points for a 2022 trip, then cancel the trip, you now cannot un-borrow the points back to 2023. You need to use them in 2022.

 

[starry_solo]

Well, until you can't bank any further because the resort expires, I don't think you'll be in any danger...

 

[DisneyStarWisher]

I kind of work it out like this in a notebook, but others have really cool spreadsheets. Here is an example of what mine might look like:
(I have a 100 point contract.)
AKV--
2020: +100 - 50 = 50 (Bank)
2021: +150 - 52 = 98 (Bank)
2022: +198 - 108 = 90 (Bank)
The first number is the number of points I get for the year plus any banked points from the previous UY. The second number is the number of points I use for my vacation that UY. (There are sometimes more than one number if I take more than one trip in a UY.) The 3rd number is the balance that I bank into the next UY. The key is that my 3rd number should always be less than my contract allotment (100) because I can't bank more than that.

I also do some borrowing, but since you didn't ask about that, I'll leave that out.

It's nothing elaborate, but I hope this helps.

 

[boxer]

Thank you!! That is what I thought.

 

[boxer]

I kind of work it out like this in a notebook, but others have really cool spreadsheets. Here is an example of what mine might look like:
(I have a 100 point contract.)
AKV--
2020: +100 - 50 = 50 (Bank)
2021: +150 - 52 = 98 (Bank)
2022: +198 - 108 = 90 (Bank)
The first number is the number of points I get for the year plus any banked points from the previous UY. The second number is the number of points I use for my vacation that UY. (There are sometimes more than one number if I take more than one trip in a UY.) The 3rd number is the balance that I bank into the next UY. The key is that my 3rd number should always be less than my contract allotment (100) because I can't bank more than that.

I also do some borrowing, but since you didn't ask about that, I'll leave that out.

It's nothing elaborate, but I hope this helps.

I completely forgot about not being able to bank more points than your contract value!!! Thank you!!!! Guess that means I gotta take an extra trip soon, lol

 

[sndral]

I completely forgot about not being able to bank more points than your contract value!!! Thank you!!!! Guess that means I gotta take an extra trip soon, lol

Or just book a bigger villa Be warned, though, that a few stays in bigger villas can lead to DVC addonitis.

 

[frapdawn]

Uh oh..:Am I reading this right? If I have a small 50 point contract I can’t transfer in more than 50 points?!

 

[Stargazer65]

Uh oh..:Am I reading this right? If I have a small 50 point contract I can’t transfer in more than 50 points?!

Banking and transferring are two different things, can you clarify your question with more detail?

For banking: You can only bank the 50 points in your current use year to the next use year. Then you have to use the banked points during the next year or they expire, you cannot bank them again. So you can't keep on banking and stacking them up (if that's what your question is).

 

[drusba]

Uh oh..:Am I reading this right? If I have a small 50 point contract I can’t transfer in more than 50 points?!

If you have only a 50 point contract, you can only transfer out a total of 50 points from any particular use year. You cannot transfer any points you have already banked or borrowed.

Moreover, you can do only one transfer per use year. Thus, if you have 50 in a use year and transfer 25, you cannot then do another transfer of the other 25.

However, the transfer limitation is a "per use year" limitation. At any given point in time, you can actually do two transfers, one from the use year you are currently in and one from your next use year. Moreover, there is no limit to the number of points you can get from another member via a transfer.

 

[pixieprincess925]

Uh oh..:Am I reading this right? If I have a small 50 point contract I can’t transfer in more than 50 points?!

What do you mean "transfer in"? Can you please clarify? Transferring is different from Banking/Borrowing

 

[frapdawn]

What do you mean "transfer in"? Can you please clarify? Transferring is different from Banking/Borrowing

I had thought “hey I’ll just transfer in points rather than buying a larger contract and paying dues every year on points I don’t necessarily need.” I thought if I needed more points I would buy them and transfer them in from another person who needed to sell theirs. So if I wanted to do a one bedroom which definitely would exceed a year of points o thought I could purchase points for transfer but can I only transfer in 50 points once a year? There is so much to dvc I really didn’t realize it.

 

[Stargazer65]

I had thought “hey I’ll just transfer in points rather than buying a larger contract and paying dues every year on points I don’t necessarily need.” I thought if I needed more points I would buy them and transfer them in from another person who needed to sell theirs. So if I wanted to do a one bedroom which definitely would exceed a year of points o thought I could purchase points for transfer but can I only transfer in 50 points once a year? There is so much to dvc I really didn’t realize it.

As @drusba said:

there is no limit to the number of points you can get from another member via a transfer

@frapdawn You may want to start a topic to ask and talk about transfers, as this thread was about banking.

 

[CarolynFH]

can I only transfer in 50 points once a year

You can transfer in as many points as a single owner will transfer to you at one time for a given UY. Again, has nothing to do with banking or borrowing.