I own week 33 and have 530 CUP points left.
The quote above...does that mean I can put my 530 points into II? I thought I could only do that for a full week.
From another quote you made, it sounds like your cup period ends on August 16th which is week 33. This would be your points assigned in 2007 on week 33. You are running out of time if you want to avoid LCUP restrictions.
You can use a portion of your weeks worth of points for II. Specifically, you can put 430 points (of the 530) into II and get a studio anywhere in high demand season, but it sounds like you have to do this before August 16th INCLUDING making the reservation. If you had done this 4 months EARLIER, you could have saved these points and had 2 years to make a reservation. If I am reading this right (Kal can confirm), you have until August 16th to deposit your points AND make a reservation or the points will go into LCUP. LCUP has options but I would sure think about making an II reservation if there is somewhere you would like to go that has studio availability now. A call to your HVC counselor to check would not hurt.
It would seem that a good way to save points is to use the EEEP reservation. If you are getting close to 4 months before LCUP, toss enough points into II to get the unit size you want and you have 2 years to find a match you like. It pays to plan ahead.
Here is the quote from Kal's website:
EEP External Exchange Period - A 12-month period starting on the first day of HRPP and ending on the last day of CUP for the sole purpose of exchanging into Interval International for non Hyatt Vacation Club Resorts.
EEEP Extended External Exchange Period - You may elect to enter the EEEP but you must commit all or a portion of your points 4 months prior to your deeded week. These points will have an extended lifetime of 24 months
from the end of CUP to exchange in Interval International to non Hyatt Vacation Club resorts.
Kal's Website:
http://www.bywindkal.com/HVC.htm