Waitlist and Banking/Borrowing

[erinkristen04]

Ok, I have read several threads on this but still not confident with my level of understanding. Wanted to run past the pros to make sure I’m not missing something.

March UY, currently have a Feb trip booked with 2022 points. We have 6 ‘22 “surplus” points. I have a pending waitlist that would require 4 additional points than what’s currently being used for the booking as-is. Since banking deadline is around the corner on Oct 31, was thinking I should bank those 6 points now (so there won’t be any unused points left for this use year) and then authorize borrowing for those 4 additional points should the waitlist come through. I presume the CM would pull/borrow those 4 extra points needed from the 6 banked ‘22 points (vs using straight ‘23 points)?

I hope that question makes sense… this is our first trip with our newly acquired contract so I’m def still trying to wrap my head around the various nuances! Thanks in advance, y’all!

 

[erionm]

They would borrow from your 2023 UY since banked points can't be borrowed.

 

[Marionnette]

I presume the CM would pull/borrow those 4 extra points needed from the 6 banked ‘22

No. Those banked points have to remain in your 2023 UY. They cannot be borrowed. The CM would have to borrow from your 2023 allotment of points if the wait list comes through.

 

[erinkristen04]

No. Those banked points have to remain in your 2023 UY. They cannot be borrowed. The CM would have to borrow from your 2023 allotment of points if the wait list comes through.

Oooo yes, duh. Thank you! Because once points are banked, they can’t be borrowed back, correct? So I would have 6 banked points that they’d skip right over (and that would then expire end of Feb ‘24) and if waitlist is fulfilled they’d pull the ‘23 points instead.

Well crud. Is there a strategy most people use in deciding whether to bank or not? I feel like odds are low of this WL being fulfilled so they’ll likely be lost if it’s not, but also don’t want necessarily pull from the ‘23 points since we have some plans for those (even though it’s only 4 points we are talking about here… so maybe that’s the safer bet). Anybody out there please feel free to weigh in on what you’d do lol!

 

[Marionnette]

Is there a strategy most people use in deciding whether to bank or not?

The only strategy that I know of would be to make reservations that fall before your banking deadline. But that's not always practical.

 

[kanerf]

On another subject. Can you give unused points to a charity? I have exactly 1 BLT that will expire at the end of Jan 23. Don't know what to do with one point.

 

[Sandisw]

The only other strategy is to make a fake night by buying some OTU points to combine with the 6 points and then cancel that night..bank the 6 and leave the OTU points for the waitlist.

That costs money and would require you to find a night for just 10 points since OTU points will expire end of UY.

IMO, I’d bank them by end of of October, be sure your waitlist is set up to borrow, and not worry about the 4 points, If you run short next year, you can borrow again, or try to work it in advance to buy those

 

[Sandisw]

On another subject. Can you give unused points to a charity? I have exactly 1 BLT that will expire at the end of Jan 23. Don't know what to do with one point.

Unless there are enough points to make at least a one night reservation, they can't be used by anyone.

 

[Sandisw]

The only other strategy is to make a fake night by buying some OTU points to combine with the 6 points and then cancel that night..bank the 6 and leave the OTU points for the waitlist.

That costs money and would require you to find a night for just 10 points since OTU points will expire end of UY.

IMO, I’d bank them by end of of October, be sure your waitlist is set up to borrow, and not worry about the 4 points, If you run short next year, you can borrow again, or try to work it in advance to buy those at 7 months.