Banking & Borrowing question

[catiesmom]

I'm sure this has been asked but I've spent 30 minutes searching and no luck so far so my apologies for a duplicate question and thanks for your patience

OK, the 50% restriction...If I own 200 points, can I bank 100 points (50%) and borrow 100 points (50%) to then make a 400 point reservation? Or am I limited to a total of 100 banked and borrowed points on my 200 point contract? So I could only make a 300 point reservation? Hopefully this question makes sense!

Also if you own an odd number of points, does DVC round up or down when calculating 50%? Would 50% of a 105-point contract be 52 or 53 points?

Thanks so much. Trying to get some 2021 planning done.

 

[npatellye]

You can bank 100 to your next UY and then borrow 100 from the one after that to make 400 points. So if you have a December UY, you can bank 100 of your December 2020 points to December 2021 (where you have 200 points) and then borrow 100 of your December 2022 points to make a 400 point reservation between 12/1/2021 and 11/30/2022. Not sure if that makes sense but hope it helps!

I have no idea about the rounding.

 

[denecarter]

You could also bank 100% of your 200 pts, then you’d have 500 to play with. Easier said than done!

 

[catiesmom]

Thanks! So there's no restriction on banked points? Only borrowed? That would make me super happy

 

[Sandisw]

Yes. Only on borrowing and they round up. I have 175 at RIV and it says I can borrow 88.

 

[catiesmom]

Sweet! Thanks for the quick replies

 

[shellbelle]

Not the OP but the have a quick question. If I was using my 88 borrowed points, but need 90, could I purchase the extra 2?

 

[npatellye]

Not the OP but the have a quick question. If I was using my 88 borrowed points, but need 90, could I purchase the extra 2?

Yes, at 7 months or less.