The website says, "...If you have current year ClubPoints that you can’t use..." which would suggest I can't. But the 2020 Club Rules say, "...Members may save any of the remaining ClubPoints from expiring by depositing these ClubPoints into the following year’s account." which suggests that I can. TIA
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HGVC - Can I save borrowed points?
- Thread starter ljmiii
- Start date
- Joined
- May 30, 2016
- Messages
- 4,986
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- Gig City in Tennessee
- Resorts Owned
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Legacy HGVC
FAVC-Cabo
Are we talking about 2021 points?
- Joined
- Apr 28, 2011
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- 1,675
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- 861
- Location
- Sacramento, CA
- Resorts Owned
- Vacation Internationale, HGVC - NYC, Worldmark, Shell Vacations, Sedona Pines, RCI Points, Starwood (Avon, CO)
If you borrow points and cancel, don't the points return to their original year?
The title and first post do not sound like the same thing.
Points always go back from where they came (or ended up).
If you borrow 2021 points in 2020 for a reservation in 2020 or 2021 and then cancel, the points go back to 2021. What is a more likely scenario - if you used some 2020 and some 2021 points for the reservation and then cancel, then points are returned to both 2020 and 2021.
If you pay to have 2020 points "rescued" they are moved to 2021. They have to be used before the end of 2021 (you can only move a bucket of points forward one year). If you make a reservation for 2020 or 2021 using those 2020 rescued points and cancel. they go back to 2021.
The points dashboard should show you the different buckets. I never used my home unit - so I was always making reservations on points. And those reservations often had points from multiple buckets in them.
I rarely borrowed points other than the fact I was usually borrowing the rescued points I moved forward. That is because I got in the habit of rescuing points and paying the fee every year AT THE BEGINNING OF THE YEAR. It cost me money but I often used less than a years allotment of points and carried over points for bigger trips. I also did not have to worry about points not having a place to go back to - and then I had longer to use them.
We take a lot of shorter trips. If you tend to use your points in the year they are issued it would not make sense to use this approach. Since I knew i normally going to carry over points, I just rescued them before reservations were made with those points so they had a 2 year lifespan. I figured it was cheaper than insurance.
I hope this makes sense.
Points always go back from where they came (or ended up).
If you borrow 2021 points in 2020 for a reservation in 2020 or 2021 and then cancel, the points go back to 2021. What is a more likely scenario - if you used some 2020 and some 2021 points for the reservation and then cancel, then points are returned to both 2020 and 2021.
If you pay to have 2020 points "rescued" they are moved to 2021. They have to be used before the end of 2021 (you can only move a bucket of points forward one year). If you make a reservation for 2020 or 2021 using those 2020 rescued points and cancel. they go back to 2021.
The points dashboard should show you the different buckets. I never used my home unit - so I was always making reservations on points. And those reservations often had points from multiple buckets in them.
I rarely borrowed points other than the fact I was usually borrowing the rescued points I moved forward. That is because I got in the habit of rescuing points and paying the fee every year AT THE BEGINNING OF THE YEAR. It cost me money but I often used less than a years allotment of points and carried over points for bigger trips. I also did not have to worry about points not having a place to go back to - and then I had longer to use them.
We take a lot of shorter trips. If you tend to use your points in the year they are issued it would not make sense to use this approach. Since I knew i normally going to carry over points, I just rescued them before reservations were made with those points so they had a 2 year lifespan. I figured it was cheaper than insurance.
I hope this makes sense.
- Joined
- Jul 4, 2007
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- 17,820
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- 7,659
- Resorts Owned
- HGVC & GTS
Borrowed points are only borrowed from a future year as needed for a booking.
If the booking is cancelled, they go back to the year from whence they came.
That's automatic.
They do not expire in the current year, only in the year from where they came.
They can be saved , but only after their year commences (not the current year).
But if the OP confused borrowed points and saved (banked) points...
HGVC already extended saved points 2021, as a courtesy due to the pandemic.
.
If the booking is cancelled, they go back to the year from whence they came.
That's automatic.
They do not expire in the current year, only in the year from where they came.
They can be saved , but only after their year commences (not the current year).
But if the OP confused borrowed points and saved (banked) points...
HGVC already extended saved points 2021, as a courtesy due to the pandemic.
.
Thank you all for your replies. Unless something truly surprising happens in the next six days I'm cancelling our 2020 HHV trip and saving my points into 2021.
I'm planning a 2021 trip that would use my saved 2020 points and perhaps borrowed points from 2022 (I have EOY points). I wanted to make sure that those borrowed 2022 points would/could be returned to 2022 if for whatever reason I had to cancel my 2021 trip.
MVCI puts the points for a cancelled reservation back into their original use year automatically, while in DVC borrowed points are 'stuck' in their new use year.
I'm planning a 2021 trip that would use my saved 2020 points and perhaps borrowed points from 2022 (I have EOY points). I wanted to make sure that those borrowed 2022 points would/could be returned to 2022 if for whatever reason I had to cancel my 2021 trip.
MVCI puts the points for a cancelled reservation back into their original use year automatically, while in DVC borrowed points are 'stuck' in their new use year.
I own Hyatt also and Hilton is far more flexible. The "rescue" function used to be labeled as "pushing" points years ago - but I used it that way no matter what they called it.
The hilton changeable reservation is also amazing. The only real restriction to that is that you cannot change the year in which a reservation is made. So i would make reservations sometimes that I might not use - knowing I could change the time and location with no penalty.
The hilton changeable reservation is also amazing. The only real restriction to that is that you cannot change the year in which a reservation is made. So i would make reservations sometimes that I might not use - knowing I could change the time and location with no penalty.