When is the last moment I can cancel a reservation?

I know it is the day before, but exactly when? Just wondering if anyone has any experience with this?
I've recently made changes to my pkg and was told if I cancel 1-2 days before arrival I would lose it all. You can cancel before then and be deducted $200.00 plus travel insurance. Or if you make changes like I did, you pay a $50 change fee---luckily my change was before my final payment was due, so I didn't have to pay anything. HTH

As far as when? Before 12 midnight, Disney time. That would be 11:00 pm for me, Central time.
 
I've recently made changes to my pkg and was told if I cancel 1-2 days before arrival I would lose it all. You can cancel before then and be deducted $200.00 plus travel insurance. Or if you make changes like I did, you pay a $50 change fee---luckily my change was before my final payment was due, so I didn't have to pay anything. HTH

As far as when? Before 12 midnight, Disney time. That would be 11:00 pm for me, Central time.
I think OP is asking about cancelling when booking with DVC points.
 

Yes, sorry, I should have given more detail. We are not sure if we will be able to arrive on Monday or Tuesday (dvc). Our reservation had us arriving Monday. I ended up switching it to Tuesday shortly after I posted this question. I got nervous and did not want to wait to see. At that point the dashboard still posted, “2 days until your reservation.” I believe once it states “1 day” that I can no longer modify. I will try at 1 day and report back just for information.
 




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