DVC Points question

On Sep 15, 1:53 pm, "Darrell Jefress" <eve...@tokyo.com> wrote:
> Yes.  If you bank your remaining 226 points from this year, they will all be
> available in the August 2009 - July 2010 year when your desired trip falls.
> Then you would use 257 of next year's points to book the trip.
>
> If you think you might want to use any of those 226 points *this* year,
> don't bank all of them - once banked, you can't change your mind and pull
> them back into the current year.
>

But... if you had done that, and still wanted a trip this year, you
could borrow 2009-10 points into this year. The result woule be the
same as 'not banking' this year's points except:
- if your plans change, you can't bank the borrowed points; and
- managing your points this way will give you a headache.

A clever alternative - and something I had assumed wasn't allowed, as
banking and borrowing in both directions across two years seems like the
sort of loophole that DVC likes to avoid. Are you sure there's no rule
preventing it?

DJJ

"Steve Russo" <srusso@nycap.> wrote in message
news:01213852-af76-47ed-8163-33dd0a1acce3@s50g2000hsb..com...
On Sep 15, 1:53 pm, "Darrell Jefress" <eve...@tokyo.com> wrote:
> Yes. If you bank your remaining 226 points from this year, they will all
be
> available in the August 2009 - July 2010 year when your desired trip
falls.
> Then you would use 257 of next year's points to book the trip.
>
> If you think you might want to use any of those 226 points *this* year,
> don't bank all of them - once banked, you can't change your mind and pull
> them back into the current year.
>

But... if you had done that, and still wanted a trip this year, you
could borrow 2009-10 points into this year. The result woule be the
same as 'not banking' this year's points except:
- if your plans change, you can't bank the borrowed points; and
- managing your points this way will give you a headache.

On Sep 15, 2:22 pm, "Darrell Jefress" <eve...@tokyo.com> wrote:
> A clever alternative - and something I had assumed wasn't allowed, as
> banking and borrowing in both directions across two years seems like the
> sort of loophole that DVC likes to avoid.  Are you sure there's no rule
> preventing it?
>

I would envision this practice only being used when someone's plans
went awry - you bank your points then realize you need to take a trip
right now. I'm not aware of any rules against this but, it could be
there.

On Sep 15, 2:37 pm, Steve Russo <sru...@nycap.> wrote:
> On Sep 15, 2:22 pm, "Darrell Jefress" <eve...@tokyo.com> wrote:
>
> > A clever alternative - and something I had assumed wasn't allowed, as
> > banking and borrowing in both directions across two years seems like the
> > sort of loophole that DVC likes to avoid.  Are you sure there's no rule
> > preventing it?
>
> I would envision this practice only being used when someone's plans
> went awry - you bank your points then realize you need to take a trip
> right now. I'm not aware of any rules against this but, it could be
> there.

Actually, I've done this most years. There's no rule against it.
Almost always I'll bank the rest of my points, then the opportunity
will arise to book a relatively last minute trip near the end of my
use year. So, no big deal - I just borrow the points from the next
year.

Sue/WDW1972

On Sep 15, 5:24 pm, Rudeney <rude...@mickeypics.com> wrote:
> Sue/WDW1972 wrote:
> > On Sep 15, 2:37 pm, Steve Russo <sru...@nycap.> wrote:
> >> On Sep 15, 2:22 pm, "Darrell Jefress" <eve...@tokyo.com> wrote:
>
> >>> A clever alternative - and something I had assumed wasn't allowed, as
> >>> banking and borrowing in both directions across two years seems like the
> >>> sort of loophole that DVC likes to avoid.  Are you sure there's no rule
> >>> preventing it?
> >> I would envision this practice only being used when someone's plans
> >> went awry - you bank your points then realize you need to take a trip
> >> right now. I'm not aware of any rules against this but, it could be
> >> there.
>
> > Actually, I've done this most years.  There's no rule against it.
> > Almost always I'll bank the rest of my points, then the opportunity
> > will arise to book a relatively last minute trip near the end of my
> > use year.  So, no big deal - I just borrow the points from the next
> > year.
>
> Honestly, I was not aware that you could borrow once you had banked, but
> it's great that you can!  It would seem that the only risk in that is if
> the plans for the borrowed points fall through this year, then you would
> lose them as you could not re-bank them.
>

To clarify... you can't borrow the points you banked. This can get
confusing.

If I have 100 points left in 2008 that I don't plan to use, I can bank
them into 2009. I then decide I want to take a trip in 2008, I can
borrow 2009 points to use for that trip. The 2008 points I banked,
stay in the 2009 use year. (Now my head does hurt)

On Sep 16, 10:31 am, Rudeney <rude...@mickeypics.com> wrote:
> Steve Russo wrote:
> > On Sep 15, 5:24 pm, Rudeney <rude...@mickeypics.com> wrote:
> >> Sue/WDW1972 wrote:
> >>> On Sep 15, 2:37 pm, Steve Russo <sru...@nycap.> wrote:
> >>>> On Sep 15, 2:22 pm, "Darrell Jefress" <eve...@tokyo.com> wrote:
> >>>>> A clever alternative - and something I had assumed wasn't allowed, as
> >>>>> banking and borrowing in both directions across two years seems like the
> >>>>> sort of loophole that DVC likes to avoid.  Are you sure there's no rule
> >>>>> preventing it?
> >>>> I would envision this practice only being used when someone's plans
> >>>> went awry - you bank your points then realize you need to take a trip
> >>>> right now. I'm not aware of any rules against this but, it could be
> >>>> there.
> >>> Actually, I've done this most years.  There's no rule against it.
> >>> Almost always I'll bank the rest of my points, then the opportunity
> >>> will arise to book a relatively last minute trip near the end of my
> >>> use year.  So, no big deal - I just borrow the points from the next
> >>> year.
> >> Honestly, I was not aware that you could borrow once you had banked, but
> >> it's great that you can!  It would seem that the only risk in that is if
> >> the plans for the borrowed points fall through this year, then you would
> >> lose them as you could not re-bank them.
>
> > To clarify... you can't borrow the points you banked. This can get
> > confusing.
>
> > If I have 100 points left in 2008 that I don't plan to use, I can bank
> > them into 2009. I then decide I want to take a trip in 2008, I can
> > borrow 2009 points to use for that trip. The 2008 points I banked,
> > stay in the 2009 use year. (Now my head does hurt)
>
> No, that makes sense.  I would have said that "points are points" and it
> doesn't matter, but I see that it does.  In your example, you banked 100
> points from 2008, but then you changed plans.  So lets say you ended up
> borrowing all you 2009 points to use in 2008.  Now, fast-forward to
> 2009.  Your points balance is 100, but those are the banked 2008 points,
> so if you don't use them in 2009, you can't bank them again.
>
> Also, aren't there some rules about banking?  Something like you have to
> bank so many days before the end of the use year?  Also, I seem to
> recall some rules dictating how points can be reused and/or banked from
> a canceled reservation.  I think if you cancel within 30 days of
> arrival, don't you lose all the points from that reservation?
>

My head hurts. Tell me again why I want DVC?

--
Caren
TDC Queen of Adventureland

On Sep 16, 10:31 am, Rudeney <rude...@mickeypics.com> wrote:
> Steve Russo wrote:
> > On Sep 15, 5:24 pm, Rudeney <rude...@mickeypics.com> wrote:
> >> Sue/WDW1972 wrote:
> >>> On Sep 15, 2:37 pm, Steve Russo <sru...@nycap.> wrote:
> >>>> On Sep 15, 2:22 pm, "Darrell Jefress" <eve...@tokyo.com> wrote:
> >>>>> A clever alternative - and something I had assumed wasn't allowed, as
> >>>>> banking and borrowing in both directions across two years seems like the
> >>>>> sort of loophole that DVC likes to avoid.  Are you sure there's no rule
> >>>>> preventing it?
> >>>> I would envision this practice only being used when someone's plans
> >>>> went awry - you bank your points then realize you need to take a trip
> >>>> right now. I'm not aware of any rules against this but, it could be
> >>>> there.
> >>> Actually, I've done this most years.  There's no rule against it.
> >>> Almost always I'll bank the rest of my points, then the opportunity
> >>> will arise to book a relatively last minute trip near the end of my
> >>> use year.  So, no big deal - I just borrow the points from the next
> >>> year.
> >> Honestly, I was not aware that you could borrow once you had banked, but
> >> it's great that you can!  It would seem that the only risk in that is if
> >> the plans for the borrowed points fall through this year, then you would
> >> lose them as you could not re-bank them.
>
> > To clarify... you can't borrow the points you banked. This can get
> > confusing.
>
> > If I have 100 points left in 2008 that I don't plan to use, I can bank
> > them into 2009. I then decide I want to take a trip in 2008, I can
> > borrow 2009 points to use for that trip. The 2008 points I banked,
> > stay in the 2009 use year. (Now my head does hurt)
>
> No, that makes sense.  I would have said that "points are points" and it
> doesn't matter, but I see that it does.  In your example, you banked 100
> points from 2008, but then you changed plans.  So lets say you ended up
> borrowing all you 2009 points to use in 2008.  Now, fast-forward to
> 2009.  Your points balance is 100, but those are the banked 2008 points,
> so if you don't use them in 2009, you can't bank them again.
>
> Also, aren't there some rules about banking?  Something like you have to
> bank so many days before the end of the use year?  Also, I seem to
> recall some rules dictating how points can be reused and/or banked from
> a canceled reservation.  I think if you cancel within 30 days of
> arrival, don't you lose all the points from that reservation?
>
To answer Caren's question, it's not as complicated as it sounds...
but I agree, it's sounds very complex.

Your example is correct... you can only bank points once. They then
must be used in the year in which they were banked.

Yes, there are rules but, I don't have them memorized. You can bank
100% of your points up to a point that's n(3?) months before the end
of your use year. The perentage that you can bank then drops
gradually.

If you cancel inside of 30 days, those points are put into a Holding
account and must be used within n (3 again?) months.

In practice, I've never had to concern myself with any of that - and I
typically borrow or bank every year.