DanV
TUG Member
- Joined
- Apr 5, 2020
- Messages
- 35
- Reaction score
- 37
- Location
- SF Bay area
- Resorts Owned
- WKV - Kierland
WF - Flex
One reason I was thinking I may not elect to deposit my Vistana VOI into Abound is because, if I understand correctly, if you chose to bank Club points, you only have one year to use banked Club points vs. the 2 years with banked StarOptions. However, I read in the Abound FAQs that the two years of use for banked StarOptions is eventually going away (unless you are Chairman level). Wanted to be sure others were aware of this change. From FAQs (emphasis added):
Currently, all VSN members are given 2 calendar years to use banked StarOptions. This policy and timeframe will continue for 2 calendar years (for 2023 and 2024 use) and then align with the above new use periods (which depend on an Owner’s benefit level) starting for StarOptions banked in 2025.
Also mentioned in the FAQ, below the chart is the follow "tip" although it isn't fully explained. Does anyone know exactly what they are referring to? Is it the earlier booking timeframe depending on your elite level? A little misleading, especially for less than full week bookings, if you are not high up in elite level, I think.
"Tip: there is an advantage for VSN Owners with when they can use their banked Club Points (vs when they can use their banked StarOptions which is not until 8 months prior to their check-in date)"
Owner Benefit Level | Current StarOptions Banking Deadlines | 2023 Banking StarOptions Deadlines | Current Timeframe to Use Banked StarOptions | Beginning in 2025 timelines for using banked StarOptions |
---|---|---|---|---|
Owner or Select | July 1st of current Use Year | June 30 of current Use Year | Within the following 2 Calendar Years | Within the immediately following Calendar Year |
Executive | October 1st of current Use Year | August 31 of current Use Year | Within the following 2 Calendar Years | Within the immediately following Calendar Year |
Presidential | October 1st of current Use Year | August 31 of current Use Year | Within the following 2 Calendar Years | Within the immediately following 1.5 Calendar Years |
Chairman’s Club | December 31st of current Use Year | October 31 of current Use Year | Within the following 2 Calendar Years | Within the immediately following 2 Calendar Years |
Also mentioned in the FAQ, below the chart is the follow "tip" although it isn't fully explained. Does anyone know exactly what they are referring to? Is it the earlier booking timeframe depending on your elite level? A little misleading, especially for less than full week bookings, if you are not high up in elite level, I think.
"Tip: there is an advantage for VSN Owners with when they can use their banked Club Points (vs when they can use their banked StarOptions which is not until 8 months prior to their check-in date)"