RCI ?I have a 2 week stay April 19- May 3. The first week is AKV and the second week is SSR. I suppose I should cancel.
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The borrowed points are supposed to go back to the use year from which they came. That was an email I got this morning. It's a new policy for Covid 19 cancellations.I had a trip scheduled for april 4th i called to cancel because i want to book a reservation later this year. The points i had used were banked, current year and borrowed points. They put my points in the current year, even my borrowed points. They also stated that i will loose all my points up to my June 2019 contracts if i don't use them by May of this year because they were not banked. They weren't banked because they were allotted for my trip and had no way of banking them. The DVC rep. stated that this is the policy and there is nothing that she can do but will have her supervisor call me. So now i must wait until i hear from the supervisor. I know these are trying times but it doesn't seem fair, has anyone experienced this or had success in recovering all your points because of the park closure.
FROM DVC: In addition, some Members may have questions about reservation cancellations involving Points that are set to expire soon. At this time, we are evaluating the banking and expiration policy and the use of certain Points impacted by the closures. As a part of our evaluation process, we need to be considerate of the impact any changes could have on future inventory availability for the Membership overall. A decision will be made when we better understand how long COVID-19 will impact our operations.
At least DVC says they're aware and are evaluating what they can do, but can't make a final decision until they know how bad it is i.e. how long this goes on and how many points will be lost by the many members this will impact. Not all timeshare systems are doing that. So at least there's some hope for DVC members, even if they tell you they can't do anything right now.They also stated that i will loose all my points up to my June 2019 contracts if i don't use them by May of this year because they were not banked. They weren't banked because they were allotted for my trip and had no way of banking them. The DVC rep. stated that this is the policy and there is nothing that she can do but will have her supervisor call me. So now i must wait until i hear from the supervisor.
Historically they've never extended banked points, only allowed one to unborrow or bank late. Thus I suspect you'll lose those points that expire in June unless you can deposit in II or use them for a cash exchange assuming they qualify.I still haven't heard from DVC but called them. They said that the borrowed points will go back to the use year but the other points will still expire in June. I am still expecting a call from the supervisor and they also told me on the DVC website to contact them through email as they are reading every one sent in and my situation is something that they have not come across yet. I am still hoping this can be resolved as I want to start planning a trip for November.
Yeah there is no way that they will extend expiring points. You do however have the option to bank them with RCI that way you still get a little use of them.Historically they've never extended banked points, only allowed one to unborrow or bank late. Thus I suspect you'll lose those points that expire in June unless you can deposit in II or use them for a cash exchange assuming they qualify.
Historically they've never extended banked points, only allowed one to unborrow or bank late. Thus I suspect you'll lose those points that expire in June unless you can deposit in II or use them for a cash exchange assuming they qualify.
I am hopping they will extending the banking window as i could not bank them because they were allotted for my trip. Disney is treating this like i forgot to bank them which is not the case. I received them back because the park is closed and my trip was canceled. So in reality, if the park would have a reopening date of June 1, those points would expire without ever having a chance to use them within Disney. We are planning to reschedule for this November and would like to use those points for that trip.
Historically they have allowed late banking for points that could have been banked, I'd ask for a supervisor and keep trying. What they haven't done in the past that I'm aware of is to extend banked points.I am hopping they will extending the banking window as i could not bank them because they were allotted for my trip. Disney is treating this like i forgot to bank them which is not the case. I received them back because the park is closed and my trip was canceled. So in reality, if the park would have a reopening date of June 1, those points would expire without ever having a chance to use them within Disney. We are planning to reschedule for this November and would like to use those points for that trip.
Historically they have allowed late banking for points that could have been banked, I'd ask for a supervisor and keep trying. What they haven't done in the past that I'm aware of is to extend banked points.
As I understand it they've taken several different stances along the way with the current situations both allowing and not allowing banking, and as we know, DVC is nothing if not inconsistent. Thus my recommendations to speak to a supervisor still stands.Under normal circumstances you would be right. However now with corona DVC have stated they are currently enforcing their banking policy that means no banking late exceptions.
I personally think restoring of the borrowed points from a reservation cancelled is extremely generous of DVC. As a timeshare owner, there is some risk - and while it may not sit well with everyone if we are subject to losing points, it's part of the risk of owning a timeshare.
I would agree in general though DVC has a formal hurricane policy and a history of allowing such flexibility on a case by case basis. I'd also point out that any flexibility they allow is on the back of the owners as a whole, not DVD. Ultimately some additional flexibility is reasonable but should not be expected. I'm reminded of when they stopped free valet parking and some insisted that they should continue it for free even though it would have had to be paid for by the owners as a whole and at full price, entitlement thinking at it's worst.I personally think restoring of the borrowed points from a reservation cancelled is extremely generous of DVC. As a timeshare owner, there is some risk - and while it may not sit well with everyone if we are subject to losing points, it's part of the risk of owning a timeshare.
You just gave me an idea. I have some points that were banked from 2019-2020. I can’t rebank them and I’ll lose them. Now I’ll deposit them into RCI rather than lose them. Disney has refused to address the issue of banked or borrowed points.I am still waiting to hear from a supervisor. As for my points, I received points June 1 and booked a trip a week later for this April 4th using those points and also borrowed points from 2020, The 2020 points were returned to 2020 use year but the 2019 points are the ones that are past the banking window in January and will expire this coming June. There was no way to bank these points because they were returned to me this past week due to the parks closing. I know i can deposit them into RCI and that is my last resort but i hope i am able to use all my points for a possible trip in November.
DVC has resolved the borrowed points issue - they go back into their original use year. But for banked points and current use year points which have passed their banking deadline at this point RCI is indeed the only option....Now I’ll deposit them into RCI rather than lose them. Disney has refused to address the issue of banked or borrowed points.