When would I receive the bounce back offer?

At GF last week the info sheet on bounceback was tucked in the pamphlet they usually leave on the dresser.
 
There's no price difference in the actual room rate.

The important points are the change and cancellation policies. The package policies are quite restrictive. With a room-only reservation the worst that could happen is you'd lose your one night's deposit. With the package reservation, you could conceivably lose the entire cost of the package if you canceled the day before arrival, and you'd lose the $200 deposit if you canceled between days 29 and 2 days before arrival.

I'm not sure why you--or anyone, really--would need a package. You can purchase tickets separately with ease, often at a discount through an authorized vendor like Undercover Tourist. The packages throw you a mini golf voucher, which is something you might not even use or want to use.

The only time I ever booked a package was several years ago when WDW had packages for a 7-night trip but you paid for only 4 nights. It was well worth it. But I haven't seen anything like that in years.
I used to book separately but after Covid, I book packages because when you cancel a package, you can also cancel the tickets. I sat on tickets for 2 years after our May 2020 trip obviously got cancelled and we couldn’t go in 2021 due to a few family situations. Disney was basically holding my money interest free during that time.

If I’ve got a package booked, I make a decision by the 30 day mark. If an emergency were to happen, I’d probably just call Disney and move the trip.
 
We didn’t get anything in early August, but my TA had alerted me of the bounce back and booked it for me while I was still at Disney.
 













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