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Staroptions banking

C

chinh9

TUG Member
Joined
May 22, 2022
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Hey, I was under the impression they planned to change the staroptions banking to only be good for 1 year, but then I just talked to a Vistana rep and they said they are never ended up doing that and it is still 2 years expiration on banked staroptions. Can anyone confirm this? This would be welcome news for me if it is true.

Also: Can you use banked staroptions for resort credit? I know it's not an ideal use of them but as last resort it's better than nothing.

Thanks ahead of time,
Chinh
 
So far it seems they never implemented the one year banking rule and it is still at two years. As for using the banked StarOptions for resort credit, yes you can do that. However, they must be developer or requalified VOIs. StarOptions from unqualified resale VOIs are not eligible to be used for resort credit.
 
Ok great. That's all welcome news! I wasn't sure if they were trying to align the staroptions banked with the status levels with abound club points.
 
chinh9 said:
Ok great. That's all welcome news! I wasn't sure if they were trying to align the staroptions banked with the status levels with abound club points.
Click to expand...
That was the original intent to change the banking rules to align with Club Points. I am not sure why they haven't changed it.
 
dioxide45 said:
That was the original intent to change the banking rules to align with Club Points. I am not sure why they haven't changed it.
Click to expand...
My guess would be that for some reason there was difficulty with truly aligning with Abound Points (highest level owners get 24 months, next highest get 18 months, and all the rest get 12). But it’s not as if I know.
 
Does anyone know what happens with EOY banked options. I thought their original intention with the changes was to only bank into a use year e.g. even to even or odd to odd but I'm not sure that ever got implemented either.
 
EnglishmanAbroad said:
Does anyone know what happens with EOY banked options. I thought their original intention with the changes was to only bank into a use year e.g. even to even or odd to odd but I'm not sure that ever got implemented either.
Click to expand...
I don't know that was ever an intention. You are probably thinking of StarOption borrowing. You can only borrow into a use year, but we've always been able to bank forward for two calendar years (since they implemented banking).
 
chinh9 said:
Hey, I was under the impression they planned to change the staroptions banking to only be good for 1 year, but then I just talked to a Vistana rep and they said they are never ended up doing that and it is still 2 years expiration on banked staroptions. Can anyone confirm this? This would be welcome news for me if it is true.

Also: Can you use banked staroptions for resort credit? I know it's not an ideal use of them but as last resort it's better than nothing.

Thanks ahead of time,
Chinh
Click to expand...
Keep in mind that converting StarOptions to resort credit, you must first have an existing reservation at a resort that accepts resort credits, then call Owner Services to convert. 9000 StarOptions gets you $110 in resort credit and no partial amounts of points can be used. Like you said, not the best use of your options, but better than letting them expire with nothing. We had to cancel a stay at WKORVN following the Lahaina fire in 2023 and knew we wouldn't be able to book another stay by December 31 that year nor be able to book a stay no more than 60 days from check-in, conditions of the restricted options. We received just over $2000 in resort credit, but we were able to use it at Aqualani Pool Services as well as the spa in addition to any restaurant at any of the 3 Maui resorts. We enjoyed a LOT of mai tais...
 
dioxide45 said:
I am not sure why they haven't changed it.
Click to expand...


Their IT probably hasn't been able to figure out how to implement the change.


Sent from my iPad using Tapatalk
 
dioxide45 said:
I don't know that was ever an intention. You are probably thinking of StarOption borrowing. You can only borrow into a use year, but we've always been able to bank forward for two calendar years (since they implemented banking).
Click to expand...
Thanks, that's probably it. I was worried that as we own 2 WKORVN 2BR EOY (Odd and Even) that we wouldn't be able to bank one to allow us to try and get two consecutive weeks the following year, especially as we are now back in Europe and the trip to Maui is much more challenging.
 
dioxide45 said:
That was the original intent to change the banking rules to align with Club Points. I am not sure why they haven't changed it.
Click to expand...
My impression from past discussions with Vistana staff is the change was timed to happen with their planned launch of a joint owner portal where both systems would be on the same IT platform allowing them to apply Marriott rules to Vistana. However, even with the new login, it's pretty obvious that they have never launched this and when I bring it up at every Vistana and Marriott presentation I go to, I get varying responses from it's never going to happen to right now they are trying to combine over 600 systems down into 200 or less and this is in the mix. So bottom line is business as usual until they invest IT resources into completing the joint portal, and the chances of them investing those type of resources into just Vistana's current booking system to bring this change about would be close to zero IMO.
 
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