Would love some suggestions on banking/borrowing for this scenario

[disprincess2213]

This will be my first time booking a 'big' stay with my points! I have gotten SO much infor from you all and am really doing ok!! But I really wanted to ask your opinion on what I should do here.

I have OCT UY. I want to travel the second week of December 2015. In January, I will book my home resort and will need to BORROW 30 points from my 2015 use year to complete that trip. In May (7 months) I want to switch resorts if available. When I switch resorts, the room type I am looking for will cost even MORE points.

Will I have to BANK my 2014 points before trying to switch resorts (which I know is May 31) or should i just do the whole trip borrowing from 2015, THEN bank my points.

I am 100% sure I will NOT be traveling before that December 2015 trip. I also am sure that I WILL be taking a trip before Sept 31 2016.
What is the safest or smartest way to do this? Is it "safer" to bank points before booking if you know you will need them? Or does it not matter?

Since I am SUPER new to this, I would love some suggestions and knowledge on what everyone does and what is the safest and what makes the most sense.

Thank you EVERYONE!!

 

[jerseyduke]

The danger of banking points (and borrowing) is that it can not be undone and it 'shortens' the life of those points. If you are 100% sure you will not use points before Dec. 2015, I would bank (and use) your 2014 points for that trip.

If you are 100% positive that you will be taking a second trip before Sept 2016, it does not matter as much, as your banked 2014 points will still be available.

That being said, I would probably always used banked points before borrowed points. They expire sooner, so have a shorter shelf life so to speak.

Mathematically speaking, if you are taking 2 trips in your 2015 UY, it does not matter which one is done with banked points and which is done with borrowed point.

Just remember neither action can be undone.

 

[MountainMouse]

I would probably always used banked points before borrowed points. They expire sooner, so have a shorter shelf life so to speak. Mathematically speaking, if you are taking 2 trips in your 2015 UY, it does not matter which one is done with banked points and which is done with borrowed point. Just remember neither action can be undone.

Can you explain why banked points expire before borrowed points?

 

[chalee94]

Will I have to BANK my 2014 points before trying to switch resorts (which I know is May 31) or should i just do the whole trip borrowing from 2015, THEN bank my points.

you will need to bank your 2014 pts before using them in any reservation that takes place in your 2015 UY. so if you are certain that you will not be using pts for a stay in what's left of your 2014 UY, just bank them now or when you call to book.

what jerseyduke means is that unborrowed pts have a longer shelf life. so using banked and current pts first is better for your Dec 2015 stay. then use borrowed pts only if necessary since those can be used in your 2016 and 2017 UYs if you don't need them for this trip.